International Expansion Risk, Including the Chinese Subsidiary
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our group established a subsidiary in China in January 2024 and conducts business activities there. Investments and business expansion overseas may fail to progress as expected or generate the originally anticipated revenue due to various regulations in each country and economic, social, and political risks.」
The risks that regulations and economic, social, and political factors may affect progress and revenue from international expansion, including the Chinese subsidiary, continue to be disclosed. - FY2025First statedAnnual report
「Our group established a subsidiary in China in January 2024 and conducts business activities there. Investments and business expansion overseas may fail to progress as expected or generate the originally anticipated revenue due to various regulations in each country and economic, social, and political risks.」
For overseas operations through the Chinese subsidiary, the company has for the first time explicitly identified the risk that regulations and economic, social, and political factors may prevent progress or revenue from reaching expectations.