Country Risk Associated with International Expansion
First written in FY2016. 7 of 15 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2026.
OOTOYA Holdings moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2025: 72 of 116 companies on the "Worse" side.
75 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Country risks arising from differences in laws and regulations, religion and customs in the relevant countries, policy changes, fluctuations in economic conditions and foreign exchange rates, terrorism and war may affect the Group's performance.」
Continues to identify country risks related to institutions, culture, foreign exchange, politics and security associated with overseas expansion. - FY2024WorsenedAnnual report
「The outlook is expected to remain uncertain, mainly due to the prolonged situation in Ukraine, the impact of the situation in the Middle East and surging global resource prices.」
The impact of the situation in the Middle East was newly identified as a geopolitical and overseas-environment risk associated with overseas expansion. - FY2024-Q1RestatedAnnual report
「The outlook is expected to remain uncertain due to the prolonged situation in Ukraine, surging global resource prices and other factors.」
Continues to identify uncertainty in the geopolitical and overseas environment due to the prolonged situation in Ukraine and surging global resource prices. - FY2023-Q2WorsenedAnnual report
「The outlook is expected to remain uncertain due to the sharp increase in infections from the Omicron variant of COVID-19 from July onward, the prolonged Russian invasion of Ukraine and the rapid depreciation of the yen.」
The prolonged invasion of Ukraine and rapid yen depreciation were explicitly added to the existing overseas expansion and geopolitical risks. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, Japan's economy showed signs of normalization in economic and social activity as various restrictions were gradually eased amid a decline in COVID-19 cases. However, concerns over rising geopolitical risks due to the situation in Ukraine and other factors, in addition to the rapid depreciation of the yen, mean that uncertainty is expected to continue.」
Continues to identify concerns about increased geopolitical risks resulting from the situation in Ukraine and other factors associated with overseas expansion. - FY2022WorsenedAnnual report
「Country risks arising from differences in laws and regulations, religion and customs in the relevant countries, policy changes, fluctuations in economic conditions and foreign exchange rates, terrorism and war may affect the Group's performance.」
In addition to the conventional country risks associated with overseas expansion, concerns have been raised about increased geopolitical risks resulting from the situation in Ukraine and other factors. - FY2020-Q3MaterialisedAnnual report
「In addition, the prolonged demonstrations in Hong Kong caused the Hong Kong subsidiary's sales to fall below plan, and sales and profit fell below the previous third-quarter cumulative consolidated period.」
The prolonged demonstrations in Hong Kong were identified as an actual factor causing the Hong Kong subsidiary's sales to fall short of plan. - FY2020-Q2MaterialisedAnnual report
「In Hong Kong, the prolonged demonstrations had an impact.」
Regarding country risks related to the political and social environment associated with overseas expansion, identifies the prolonged demonstrations in Hong Kong as having affected the business environment. - FY2018-Q3RestatedAnnual report
「The unstable situation overseas continued due to political and economic uncertainty and geopolitical risks.」
Identifies overseas political and economic uncertainty and geopolitical risks as continuing external-environment risks. - FY2018-Q2MaterialisedAnnual report
「Foreign exchange losses 11,838」
Regarding foreign exchange fluctuations associated with overseas expansion, foreign exchange losses of ¥11.838 million were incurred as non-operating expenses during the cumulative second quarter under review. - FY2018-Q1MaterialisedAnnual report
「Foreign exchange losses 13,090」
Regarding foreign exchange fluctuations associated with overseas expansion, foreign exchange losses of ¥13.090 million were incurred as non-operating expenses during the cumulative first quarter under review. - FY2017MaterialisedAnnual report
「Foreign exchange losses ¥39.720 million」
Regarding foreign exchange fluctuations associated with overseas expansion, foreign exchange losses of ¥39.720 million were incurred as non-operating expenses during the consolidated fiscal year under review. - FY2017-Q3MaterialisedAnnual report
「Foreign exchange losses 74,799」
Regarding foreign exchange fluctuations associated with overseas expansion, foreign exchange losses of ¥74.799 million were incurred as non-operating expenses during the cumulative third quarter under review. - FY2017-Q2MaterialisedAnnual report
「Foreign exchange losses 74,865」
Regarding foreign exchange fluctuation risk associated with overseas expansion, foreign exchange losses of ¥74.865 million were incurred as non-operating expenses during the cumulative period of the quarter under review. - FY2016First statedAnnual report
「Country risks arising from differences in laws and regulations, religion and customs in the relevant countries, policy changes, fluctuations in economic conditions and foreign exchange rates, terrorism and war may affect the Group's performance.」
Lists institutional, cultural, foreign exchange, political and security risks associated with expansion into Asia, North America and other regions.