Country Risks Associated with Overseas Procurement, Investment in China and Exports
First written in FY2020. 2 of 5 entries say "Mitigated", first in FY2024-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2025: 50 of 95 companies on the "Worse" side.
76 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The Company is preparing to bring production back to Japan and to process products in third countries in case products processed at overseas partner factories cannot be imported into Japan.」
The Company continued preparing to bring production back to Japan and to process products in third countries in response to country risk associated with overseas procurement, partner factories and exports. - FY2024MitigatedAnnual report
「Some products of the Group used seafood raw materials from Russia and Ukraine, but the quantities were small. As the required quantities are expected to be secured through purchases from other sources, the impact on operating results is currently expected to be minor.」
The Company explained that its dependence on raw materials from Russia and Ukraine was limited, that the required quantities were expected to be secured from other sources, and that the current impact on operating results was expected to be minor. - FY2024-Q3MitigatedAnnual report
「In addition, because all of the equity interest in 南京名紅旺食品有限公司, formerly an equity-method affiliate, was transferred as of 31 December 2023, the company was excluded from the scope of equity-method accounting as of the end of the cumulative consolidated third quarter.」
Among the country risks associated with overseas procurement, investment in China and exports, all of the equity interest in the Chinese equity-method affiliate was transferred, and the company was excluded from the scope of equity-method accounting. - FY2023AdvancedAnnual report
「In preparation for the possibility that products processed at overseas partner factories cannot be imported into Japan, the Company is preparing to bring production back to Japan and to process products in third countries. Each responsible division is gathering information and will implement individual measures.」
As a response to country risk associated with overseas procurement, investment in China and exports, the Company explicitly described preparations to bring production back to Japan and to process products in third countries. - FY2020First statedAnnual report
「In addition to importing raw materials from locations around the world, the Company invests in a Chinese joint venture and exports products. Changes in laws and regulations in each country, political, economic and social disruption caused by terrorism, war and other factors, problems arising from differences in culture and customs, and the outbreak and spread of infectious diseases are expected.」
Risks related to the political, economic and social conditions of countries associated with importing raw materials from overseas, investing in a Chinese joint venture and exporting products were separately identified.