Country risks inherent in the Vietnam business
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Within our group, one of our executive officers is seconded to the subsidiary and serves as its chair. We are working to reduce risk by strengthening information sharing with local government authorities, lawyers and other specialists, and by gathering information at an early stage.」
The country risk associated with the Vietnam business continues to be recognized, with the secondment of an executive officer to serve as chair locally and information gathering from specialists serving as countermeasures. - FY2025First statedAnnual report
「The business is inherently exposed to country risks, including unexpected amendments to laws and regulations, changes in political and economic conditions, deterioration in public security, war, foreign-exchange movements, infrastructure disruptions such as communications outages, credit risk involving business partners, changes in the working environment, and an inability to recruit or secure talented local personnel.」
The company seeks to mitigate these risks through the secondment of executive officers, the appointment of a local chairperson, and information sharing with government authorities and specialists.