Country-specific risks associated with overseas operations
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Overseas business expansion involves various risks, including differences in the laws and systems, political, economic and social conditions, cultures, religions and business practices of each country, as well as fluctuations in foreign exchange rates. If unforeseen problems make it difficult to recover investments, the Group’s operating results and financial position could be affected.」
The risks associated with overseas operations, including legal systems, political, economic and social conditions, cultures and business practices, foreign exchange rates and investment recovery, continue. - FY2025RestatedAnnual report
「Overseas business expansion involves various risks, including differences in the laws and systems, political, economic and social conditions, cultures, religions and business practices of each country, as well as fluctuations in foreign exchange rates. If unforeseen problems make it difficult to recover investments, the Group’s operating results and financial position could be affected.」
The risks associated with overseas operations, including legal systems, political, economic and social conditions, cultures and business practices, foreign exchange rates and investment recovery, continue. - FY2019RestatedAnnual report
「Overseas business expansion involves various risks, including differences in the laws and systems, political, economic and social conditions, cultures, religions and business practices of each country, as well as fluctuations in foreign exchange rates. If unforeseen problems make it difficult to recover investments, the Group’s operating results and financial position could be affected.」
The risks associated with overseas operations, including legal systems, political, economic and social conditions, cultures and business practices, foreign exchange rates and investment recovery, continue to be identified. - FY2017First statedAnnual report
「Overseas business expansion involves various risks, including differences in the laws and systems, political, economic and social conditions, cultures, religions and business practices of each country, as well as fluctuations in foreign exchange rates. If unforeseen problems make it difficult to recover investments, the Group’s operating results and financial position could be affected.」
The risks associated with the expansion of overseas operations, including the legal systems, political, economic and social conditions, cultures and business practices of each country, foreign exchange rates and difficulty recovering investments, are explicitly identified.