Political and foreign exchange risks associated with production bases in China and overseas transactions
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2025: 73 of 117 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The group has established some of its production bases and business sites for its pharmaceutical and other manufacturing operations in the People's Republic of China. It also has a business site in the Socialist Republic of Vietnam. Political friction and sharp exchange-rate fluctuations in these overseas business activities and in import and export transactions in products and merchandise between Japan and overseas markets could affect the group's financial results and other aspects of its operations.」
The risks of political tensions and foreign exchange fluctuations associated with business bases in China and Vietnam and overseas transactions continue to be disclosed. - FY2019RestatedAnnual report
「We have some production bases and business bases for our pharmaceutical and other product manufacturing business in the People's Republic of China. We also have business bases in the Socialist Republic of Vietnam. Political tensions and sharp foreign exchange fluctuations in these overseas business activities and in exports and imports of products and merchandise between Japan and overseas markets may affect our group's operating results.」
The risks of political tensions and foreign exchange fluctuations associated with business bases in China and Vietnam and overseas transactions continue to be disclosed. - FY2017-Q3RestatedAnnual report
「The group has established some of its production bases and business sites for its pharmaceutical and other manufacturing operations in the People's Republic of China. It also has a business site in the Socialist Republic of Vietnam. Political friction and sharp exchange-rate fluctuations in these overseas business activities and in import and export transactions in products and merchandise between Japan and overseas markets could affect the group's financial results.」
The risks of political tensions and foreign exchange fluctuations associated with business bases in China and Vietnam and overseas transactions continue to be disclosed. - FY2017-Q1WorsenedAnnual report
「The group has established some of its production bases and business sites for its pharmaceutical and other manufacturing operations in the People's Republic of China. It also has a business site in the Socialist Republic of Vietnam. Political friction and sharp exchange-rate fluctuations in these overseas business activities and in import and export transactions in products and merchandise between Japan and overseas markets could affect the group's financial results.」
In addition to the existing production bases in China and overseas exports and imports, business bases in Vietnam and overseas business activities generally are explicitly identified, broadening the scope of overseas exposure. - FY2016First statedAnnual report
「In our group's manufacturing business for pharmaceuticals and other products, some production bases are located in the People's Republic of China, and our exports and imports of products and merchandise with overseas markets may affect our group's operating results due to political tensions or significant foreign exchange fluctuations.」
This represents exposure to political tensions and foreign exchange fluctuations associated with production bases in China and overseas exports and imports.