Risks associated with overseas expansion, primarily in Asia
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 25 of 50 companies on the "Worse" side.
39 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Our group operates in countries and regions overseas. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries and regions, social disruption caused by terrorism, war, pandemics and other events, risks relating to the collection of receivables, labour shortages, and rising personnel costs may affect the performance of our group.」
The risks associated with overseas expansion, including political and economic conditions, laws and tax systems, social disruption, collections, labour, and personnel costs, are reiterated. - FY2021ReframedAnnual report
「Our group operates in countries and regions overseas. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries and regions, social disruption caused by terrorism, war, pandemics and other events, risks relating to the collection of receivables, labour shortages, and rising personnel costs may affect the performance of our group.」
The company adds pandemics to its list of overseas expansion risks and reorganises the existing risks relating to political and economic conditions, laws and tax systems, social disruption, collections, labour, and personnel costs. - FY2019RestatedAnnual report
「Our group operates in countries and regions overseas. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries and regions, social disruption caused by terrorism, war and other events, risks relating to the collection of receivables, labour shortages, and rising personnel costs may affect the performance of our group.」
The company reiterates the risks associated with overseas expansion, including political and economic conditions, laws and tax systems, social disruption, collections, labour, and personnel costs, and explicitly mentions terrorism and war. - FY2018RestatedAnnual report
「Our group has set the expansion of its overseas business, primarily in Asia, as a major management objective and operates in various countries. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries, risks relating to the collection of receivables, labour shortages and rising personnel costs may affect the performance of our group.」
The risks associated with overseas business expansion, including political and economic conditions, laws and tax systems, collection of receivables, labour, and personnel costs, are reiterated. - FY2017RestatedAnnual report
「Our group has set the expansion of its overseas business, primarily in Asia, as a major management objective and operates in various countries. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries, risks relating to the collection of receivables, labour shortages and rising personnel costs may affect the performance of our group.」
The risks associated with overseas business expansion, including political and economic conditions, laws and tax systems, collection of receivables, labour, and personnel costs, are reiterated. - FY2016First statedAnnual report
「Our group has set the expansion of its overseas business, primarily in Asia, as a major management objective and operates in various countries. Accordingly, changes in the political and economic conditions, laws and tax systems of the relevant countries, risks relating to the collection of receivables, labour shortages and rising personnel costs may affect the performance of our group.」
While targeting overseas business expansion, the company lists political and economic conditions, laws and tax systems, collections, labour, and personnel costs as risks.