Risks Related to Overseas Laws and Regulations, Political and Economic Conditions, and Social Unrest
First written in FY2016. 15 of 22 entries say "Restated". Latest entry: FY2027-H1.
Mbk moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
76 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「However, the outlook remains uncertain due to downside risks to economic activity, including developments concerning US trade policy, and the effects of fluctuations in financial and capital markets.」
Developments concerning US trade policy have newly emerged as a specific overseas policy factor, and concerns about downside risks to economic activity and fluctuations in financial and capital markets continue. - FY2025RestatedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors.」
Risks relating to overseas laws and regulations, political and economic conditions, foreign exchange, personnel, and social disruption continue to be identified. - FY2024WorsenedAnnual report
「The outlook remains uncertain due to surging raw material and energy prices against a backdrop of geopolitical risks in Eastern Europe and the Middle East, and a slowdown in the Chinese economy.」
For overseas political and economic conditions, the company identifies geopolitical risks in Eastern Europe and the Middle East, a slowdown in the Chinese economy, and surging raw material and energy prices as specific factors contributing to uncertainty. - FY2024-Q4WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to factors including surging raw material prices against a backdrop of geopolitical risks in Eastern Europe and the Middle East, a slowdown in the Chinese economy, and global monetary tightening.」
For overseas political and economic conditions, the company identifies geopolitical risks in Eastern Europe and the Middle East, a slowdown in the Chinese economy, and global monetary tightening as specific factors contributing to uncertainty. - FY2023RestatedAnnual report
「The business environment surrounding the Group remains uncertain, with the situation in Ukraine and surging resource prices continuing to weigh on the outlook, following the downgrading of COVID-19 to Category V under the Infectious Diseases Act as the pandemic subsided.」
Uncertainty relating to overseas political and economic conditions, including the situation in Ukraine and surging resource prices, continues to be identified. - FY2023-Q1WorsenedAnnual report
「The outlook remains uncertain due to Russia's invasion of Ukraine and economic sanctions against Russia, US rate hikes, and the sharp depreciation of the yen.」
For risks relating to overseas political and economic conditions, the company newly identifies specific factors including the invasion of Ukraine, sanctions against Russia, US rate hikes, and the sharp depreciation of the yen. - FY2020RestatedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors. If any of these events occurs, the Group's financial position and operating results may be affected.」
Risks relating to overseas laws and regulations, political and economic conditions, foreign exchange, personnel, and social disruption continue to be listed. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year (hereinafter, the "third quarter"), Japan's economy remained on a moderate recovery track, and employment and income conditions continued to improve as a result of various policies. At the same time, it is necessary to monitor global economic trends and the political situation in East Asia due to factors including intensifying US-China trade friction and growing tensions in the Middle East.」
The company continues to draw attention to intensifying US-China trade friction, growing tensions in the Middle East, and global economic conditions and the political situation in East Asia. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year (hereinafter, the "second quarter"), Japan's economy remained on a moderate recovery track, and employment and income conditions continued to improve as a result of various policies. At the same time, it is necessary to monitor global economic trends and the political situation in East Asia due to factors including intensifying US-China trade friction and growing tensions in the Middle East.」
The company continues to draw attention to intensifying US-China trade friction, growing tensions in the Middle East, and global economic conditions and the political situation in East Asia. - FY2020-Q1WorsenedAnnual report
「In the Group's principal business areas, rental income and returns in domestic and overseas financial and real estate markets continue to improve moderately as vacancy rates remain low. Demand for real estate investment, which offers relatively stable returns due to low interest rates resulting from monetary easing, remains strong, and investment demand continues to be firm. In the hotel and leisure market, the number of foreign tourists visiting Japan, particularly from Asian countries, continues to increase, partly due to the 2020 Tokyo Olympics and various government policies promoting tourism.」
In addition to global economic conditions and the political situation in East Asia, the company identifies intensifying US-China trade friction and growing tensions in the Middle East as specific external factors. - FY2019RestatedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors. If any of these events occurs, the Group's financial position and operating results may be affected.」
Risks relating to overseas laws and regulations, political and economic conditions, foreign exchange, personnel, and social disruption continue to be listed. - FY2019-Q3RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including future US policy developments and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to US policies, overseas economic factors including the economies of emerging Asian countries, including China, and fluctuations in financial markets. - FY2019-Q2RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including future US policy developments and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to US policies, overseas economic factors including the economies of emerging Asian countries, including China, and fluctuations in financial markets. - FY2019-Q1RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including future US policy developments and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to uncertainty surrounding US policies, overseas economic factors including the economies of emerging Asian countries, including China, and fluctuations in financial markets. - FY2018RestatedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors. If any of these events occurs, the Group's financial position and operating results may be affected.」
Risks relating to overseas laws and regulations, political and economic conditions, foreign exchange, personnel, and social disruption continue to be listed. - FY2018-Q3RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including future US policy developments and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to uncertainty surrounding US policies, overseas economic factors including the economies of emerging Asian countries, including China, and fluctuations in financial markets. - FY2018-Q2RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including future US policy developments and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to uncertainty surrounding US policies, overseas economic factors including the economies of emerging Asian countries, including China, and fluctuations in financial markets. - FY2018-Q1RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue, supported by the effects of various policies. However, attention must be paid to the effects of overseas economic factors, including the normalization of US monetary policy and future policy developments, and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to uncertainty surrounding overseas economic factors, including US monetary policy and the economies of emerging Asian countries, including China. - FY2017RestatedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors. If any of these events occurs, the Group's financial position and operating results may be affected.」
Risks relating to overseas laws and regulations, political and economic conditions, foreign exchange, personnel, and social disruption continue to be listed. - FY2017-Q3RestatedAnnual report
「Looking ahead, the economy is expected to recover gradually as improvements in employment and income conditions continue. However, attention must be paid to the effects of overseas economic factors, including the normalization of US monetary policy and future policy developments, and the economic outlook for emerging Asian countries, including China, as well as the effects of fluctuations in financial markets.」
The company continues to draw attention to uncertainty surrounding overseas economic factors, including US monetary policy and the economies of emerging Asian countries, including China. - FY2017-Q1WorsenedAnnual report
「Downside risks to the Japanese economy include weaker-than-expected economic conditions in emerging Asian countries and resource-rich countries, increasing uncertainty in overseas economies associated with the UK's withdrawal from the EU, and fluctuations in financial markets.」
As specific factors contributing to greater uncertainty in overseas economies, the company cites downside risks to the economies of emerging Asian countries and resource-rich countries, and the UK's withdrawal from the EU. - FY2016First statedAnnual report
「The business is exposed to risks including unforeseeable changes in laws or regulations overseas, sudden changes in political or economic conditions, difficulties in recruiting and retaining personnel, the impact of foreign exchange fluctuations on operating results, and social disruption caused by terrorism, war and other factors.」
Multiple external-environment risks associated with overseas operations are listed.