Risks from Laws and Regulations, Political and Economic Conditions, and Social Disruption at Overseas Bases
First written in FY2016. 23 of 34 entries say "Restated". Latest entry: 2026-08-07.
Ariake Japan moved to the "Worse" side of this theme in 2016, 5 years before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 48 of 96 companies on the "Worse" side.
43 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings presentation
「The outlook for external factors such as the situation in the Middle East and foreign exchange rates is uncertain, but operating profit is currently forecast to be in line with the plan.」
In addition to previously disclosed overseas and global economic risks, the company explicitly identifies the situation in the Middle East as an external factor. - FY2026RestatedAnnual report
「• Unexpected changes in laws or regulations • Political or economic turmoil • Social disruption caused by terrorism, war, and other factors」
The company has reiterated the overseas business risks associated with operating in multiple countries, including legal and regulatory, political and economic, terrorism and war risks. - FY2026-H1WorsenedAnnual report
「The effects of the trend toward yen depreciation in the foreign exchange market caused by geopolitical risks and US trade tariffs, among other factors, are contributing to structurally high resource and raw material prices and domestic logistics costs.」
Regarding uncertainty in overseas markets and the global economy, the company has identified US trade tariffs and the trend toward yen depreciation in addition to the existing geopolitical risks, and explained the resulting effects on resource and raw material prices and logistics costs. - FY2025-H1RestatedAnnual report
「Prolonged geopolitical risks surrounding the situation involving Russia and Ukraine, among other matters」
The company has reconfirmed that prolonged geopolitical risks surrounding the situation involving Russia and Ukraine, among other matters, continue to create uncertainty in overseas markets and the global economy. - FY2024-Q3RestatedAnnual report
「Prolonged geopolitical risks surrounding the situation involving Russia and Ukraine」
The company has explained that uncertainty in overseas markets and the global economy continues due to prolonged geopolitical risks. - FY2024-Q2WorsenedAnnual report
「During the six-month period ended 30 September 2023 (1 April 2023 to 30 September 2023), the Japanese economy remained on a gradual recovery trend as restrictions related to COVID-19 were eased further. However, resource and raw material prices continued to surge due to the prolonged geopolitical risks surrounding the Russia-Ukraine situation and the impact of the accelerating yen depreciation trend in the foreign exchange market, leaving the outlook extremely uncertain.」
The company has explicitly identified prolonged geopolitical risks and the intensifying trend toward yen depreciation, and explained that the outlook for overseas markets and the global economy is extremely uncertain. - FY2024-Q1RestatedAnnual report
「The outlook remains uncertain due to the prolonged situation in Ukraine, soaring resource and raw material prices, and rising prices resulting from the weaker yen.」
The company has reconfirmed its view that uncertainty in overseas markets and the global economy, including the prolonged situation in Ukraine, continues. - FY2023-Q3RestatedAnnual report
「Overseas, the effects of geopolitical risks continue to persist.」
The company has explained that the effects of geopolitical risks surrounding its overseas operations continue to persist. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the fiscal year ending 31 March 2023 (1 April 2022 to 30 June 2022), the business environment became more difficult due to COVID-19, heightened geopolitical risks, soaring raw material and energy prices, and the yen's depreciation.」
The company has explicitly identified heightened geopolitical risks and explained that the business environment, including its overseas operations, has become more challenging. - FY2022RestatedAnnual report
「• Unexpected changes in laws or regulations • Political or economic turmoil • Social disruption caused by terrorism, war, and other factors」
It continues to list the overseas business risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism, and war. - FY2022-Q3RestatedAnnual report
「The Qingdao plant in China (Shandong Province), the Taiwan plant (Pingtung City), the Indonesian plant (West Java Province), and the 3 plants in Europe (Belgium, France and the Netherlands) have also been operating normally since the beginning of the year without any particular problems, in accordance with guidance from the governments and local authorities of the respective countries and regions.」
The company has reconfirmed that its overseas facilities have maintained normal operations since the beginning of the year, even amid the resurgence of infectious diseases, in accordance with guidance from the governments and local authorities of the respective countries and regions. - FY2022-Q2RestatedAnnual report
「The Qingdao factory in China (Shandong Province), the Taiwan factory (Pingtung City), and the Indonesia factory (West Java Province) have operated as usual since the beginning of the year. The 3 factories in Europe (Belgium, France, and the Netherlands) have also operated as usual since the beginning of the year in accordance with guidance from the governments and local authorities of the relevant countries and regions.」
It reaffirms that the factories in China, Taiwan, Indonesia, and the 3 European factories have maintained normal operations during the spread of infectious diseases in accordance with guidance from the governments and local authorities of the relevant countries and regions. - FY2022-Q1RestatedAnnual report
「The Qingdao factory in China (Shandong Province), the Taiwan factory (Pingtung City), and the Indonesia factory (West Java Province) have operated as usual since the beginning of the year. The 3 factories in Europe (Belgium, France, and the Netherlands) have also operated as usual since the beginning of the year in accordance with guidance from the governments and local authorities of the relevant countries and regions.」
It reaffirms that the overseas sites have maintained normal operations during the spread of infectious diseases in accordance with guidance from the governments and local authorities of the relevant countries and regions. - FY2021RestatedAnnual report
「• Unexpected changes in laws or regulations • Political or economic turmoil • Social disruption caused by terrorism, war, and other factors」
It continues to list the overseas business risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism, and war. - FY2021-Q3RestatedAnnual report
「Although some cities hosting the overseas sites in China, Taiwan, Indonesia, Belgium, France, and the Netherlands were under lockdowns, the Company is operating as usual in accordance with guidance from the governments and local authorities of each country and region.」
It reaffirms that the overseas sites are operating as usual in accordance with guidance from the governments and local authorities of the relevant countries and regions, even where some cities are under lockdowns. - FY2021-Q2RestatedAnnual report
「At its overseas sites in China, Taiwan, Indonesia, Belgium, France, and the Netherlands, the Company is operating as usual in accordance with guidance from the governments and local authorities of each country and region.」
It reaffirms that the overseas sites continue to operate as usual in accordance with guidance from the governments and local authorities of the relevant countries and regions. - FY2021-Q1RestatedAnnual report
「At its overseas sites in China, Taiwan, Indonesia, Belgium, France, and the Netherlands, the Company is operating as usual in accordance with guidance from the governments and local authorities of each country and region.」
It states that the overseas sites are operating as usual in accordance with guidance from the governments and local authorities of the relevant countries and regions in response to local conditions and regulations. - FY2020-Q3RestatedAnnual report
「Although a moderate recovery continued, supported by improvements in employment and income conditions, uncertainty in the global economy increased due to the impact of US-China trade friction, higher crude oil prices and other factors, and uncertainty about the outlook persisted.」
It explains that uncertainty in the global economy and over the outlook continues due to the impact of US-China trade friction and higher crude oil prices, among other factors. The same assessment has continued from the previous quarter. - FY2020-Q2WorsenedAnnual report
「Although a moderate recovery continued, supported by improvements in employment and income conditions, uncertainty in the global economy increased due to the impact of US-China trade friction, higher crude oil prices and other factors, and uncertainty about the outlook persisted.」
It explains that uncertainty in the global economy increased due to the impact of US-China trade friction and higher crude oil prices, among other factors. - FY2020-Q1RestatedAnnual report
「The outlook remains uncertain due to trade issues involving the US administration and uncertainty surrounding economic trends and policies in China and Europe.」
It explains that uncertainty continues in the overseas and global economies due to US trade issues, economic trends in China and Europe, and policy uncertainty. - FY2019RestatedAnnual report
「Social disruption caused by unexpected changes in laws or regulations, political or economic turmoil, terrorism, war, and other factors」
It continues to list the overseas business risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism, and war. - FY2019-Q3RestatedAnnual report
「However, uncertainty persists, including concerns about uncertainty in overseas economies.」
It explains that uncertainty in overseas economies and uncertainty over the outlook continue. - FY2019-Q1RestatedAnnual report
「Uncertainty persists, including concerns about uncertainty in overseas economies.」
It explains that uncertainty in overseas economies and uncertainty over the outlook continue. - FY2018RestatedAnnual report
「Unexpected changes in laws or regulations, political or economic disruption, and social unrest caused by terrorism, war or other events」
It continues to list the overseas business risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism, and war. - FY2018-Q3RestatedAnnual report
「Uncertainty about the outlook continues amid political risks in Europe and the United States and heightened geopolitical risks in Asia.」
It explains that uncertainty continues in the overseas and global economies due to rising political risks in Europe and the United States and geopolitical risks in Asia. - FY2018-Q2RestatedAnnual report
「Uncertainty about the outlook continues amid slower growth in emerging-market economies and heightened geopolitical risks.」
It explains that uncertainty continues in the overseas and global economies due to slower growth in emerging-market economies and rising geopolitical risks. - FY2018-Q1WorsenedAnnual report
「However, amid rising geopolitical risks and uncertainty, conditions of continued uncertainty over the outlook persist.」
It explains that rising geopolitical risks and uncertainty have left the outlook uncertain. - FY2017RestatedAnnual report
「Unexpected changes in laws or regulations, political or economic disruption, and social unrest caused by terrorism, war or other events」
It continues to list the overseas risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism, and war. - FY2017-Q3RestatedAnnual report
「However, the outlook remained uncertain amid concerns about the impact on the Japanese economy of an economic slowdown, particularly in emerging markets, and the election of the next US president.」
It cites concerns about the economic impact of a slowdown in emerging-market economies and a change in the US administration, reaffirming the uncertain conditions surrounding the overseas and global economies. - FY2017-Q2WorsenedAnnual report
「Foreign exchange and equity markets fluctuated significantly, further increasing uncertainty over the economic outlook.」
It explains that uncertainty over the economic outlook increased further against a backdrop of significant fluctuations in the foreign exchange and equity markets. - FY2017-Q1WorsenedAnnual report
「The slowdown in emerging-market economies and the UK's withdrawal from the EU increased uncertainty in the global economy.」
It explains that uncertainty in the political and economic environment surrounding overseas operations increased against a backdrop of slower growth in emerging-market economies and the UK's withdrawal from the EU. - FY2016First statedAnnual report
「Unexpected changes in laws or regulations, political or economic disruption, and social unrest caused by terrorism, war or other events」
Lists overseas business risks associated with operating in multiple countries, including laws and regulations, political and economic conditions, terrorism and war.