Risks Related to Regional Characteristics, Laws and Regulations in Overseas Business Expansion
First written in FY2017. 4 of 9 entries say "Materialised", first in FY2026-H1. Latest entry: 2026-07-31.
Vega corporation moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
27 other companies' latest entry also says "Materialised".
- FY2026WorsenedAnnual report
「The cross-border e-commerce platform business DOKODEMO, which we are pursuing as a new business, saw a slight decrease in gross merchandise value due to the impact on shipments to the United States following the abolition of the US de minimis threshold rules.」
Regarding institutional-change risks associated with overseas expansion, the abolition of the U.S. de minimis rule resulted in a slight decline in full-year GMV through its impact on shipments to the United States. - FY2026-H1MaterialisedAnnual report
「DOKODEMO, the cross-border e-commerce platform operated as a new business, maintained GMV at the same level as in the same period of the previous year due to the impact of the abolition of the U.S. de minimis exemption threshold and continued efforts to optimize marketing costs. However, the number of members and app downloads has increased steadily through initiatives to improve usability, including improving translation accuracy using generative AI and integrating with an OMS, and the company will continue working to expand GMV.」
Regarding the risk of regulatory and institutional changes associated with overseas expansion, the abolition of the U.S. de minimis threshold was cited as a factor that kept DOKODEMO’s GMV at the same level as in the year-earlier period. - FY2022RestatedAnnual report
「Recent results show that, although the proportion of deliveries to Asia, including Taiwan, has continued to rise, the service is used by customers across a wide range of regions, including North America, Europe, and Oceania.」
As DOKODEMO’s user base has expanded across Asia, North America, Europe, Oceania, and other regions, the company continues to disclose its policy for addressing regional characteristics and regulations associated with overseas expansion. - FY2018RestatedAnnual report
「Overseas expansion entails a wide range of business risks arising from regional characteristics, as well as regulatory and other risks. The company’s policy is to proceed with overseas expansion after taking sufficient measures to minimize these risks.」
The company continues to disclose the risks associated with regional characteristics and regulations accompanying overseas expansion, as well as its policy of expanding while taking countermeasures. - FY2017First statedAnnual report
「Overseas expansion entails a wide range of business risks arising from regional characteristics, as well as regulatory and other risks. The company’s policy is to proceed with overseas expansion after taking sufficient measures to minimize these risks.」
The company has newly disclosed the business and regulatory risks in each region associated with overseas expansion, including cross-border e-commerce, as separate risks.