Country risk in Asia
First written in FY2017. 6 of 8 entries say "Restated". Latest entry: FY2023.
4 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Many of the products handled by the Group are manufactured primarily in Asia, particularly China. In addition, with a view to globalizing its business in the future, the Group conducts sales activities in Asia, including China. Accordingly, geopolitical, credit and market risks associated with these regions could affect the Group's business and financial results.」
Geopolitical, credit and market risks associated with product manufacturing and sales activities in Asia continue. - FY2023-Q3RestatedAnnual report
「In addition to the impact of cold weather in early spring on orders for spring fashion products, shipments to customers decreased because delays in product procurement caused by the lockdown (citywide lockdown) in Shanghai, China, which began in late March, had an impact.」
Delays in product procurement and the decline in shipment volume associated with the Shanghai lockdown continue to be reported. Supply risks in Asia have materialized as actual business impacts. - FY2023-Q2RestatedAnnual report
「In addition to the impact of cold weather in early spring on orders for spring fashion products, shipments to customers decreased because delays in product procurement caused by the lockdown (citywide lockdown) in Shanghai, China, which began in late March, had an impact.」
Delays in product procurement and the decline in shipment volume associated with the Shanghai lockdown continued to be reported during the cumulative second-quarter period. - FY2023-Q1MaterialisedAnnual report
「Shipments to customers were delayed because delays in product procurement caused by the lockdown (citywide lockdown) in Shanghai, China, which began in late March, had an impact.」
Delays in product procurement and customer shipments actually occurred as a result of the lockdown in Shanghai, China, bringing the business and supply risks in Asia to the fore. - FY2021RestatedAnnual report
「Many of the products handled by the Group are manufactured primarily in Asia, particularly China. In addition, with a view to globalizing its business in the future, the Group conducts sales activities in Asia, including China.」
Geopolitical, credit and market risks associated with product manufacturing and sales activities in Asia continue. - FY2020RestatedAnnual report
「Many of the products handled by the Group are manufactured primarily in Asia, particularly China. In addition, with a view to globalizing its business in the future, the Group conducts sales activities in Asia, including China.」
Geopolitical, credit and market risks associated with product manufacturing and sales activities in Asia continue. - FY2019RestatedAnnual report
「Many of the products handled by the Group are manufactured primarily in Asia, particularly China. In addition, with a view to globalizing its business in the future, the Group conducts sales activities in Asia, including China.」
The disclosure continues to address geopolitical, credit and market risks associated with product manufacturing and sales activities in Asia. - FY2017First statedAnnual report
「Many of the products handled by the Group are manufactured primarily in Asia, particularly China. In addition, with a view to globalizing its business in the future, the Group conducts business activities in Asia, including China.」
The disclosure addresses geopolitical, credit and market risks associated with product manufacturing and business activities in Asia.