Country and Environmental Regulatory Risks in the Asian Business
First written in FY2018. 2 of 7 entries say "Mitigated", first in FY2020. Latest entry: FY2024.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「At present, the company complies with the laws and regulations and guidance of the relevant authorities, controls increases in water consumption, and has enhanced its wastewater treatment facilities. However, as future tightening of regulations and developments in permits and approvals in each country could materially affect sewing-thread manufacturing, the company is pursuing measures to reduce water consumption in the dyeing process, as well as research into new dye-processing methods over the longer term.」
While risks relating to laws, regulations, permits and approvals in Asian countries remain, the company reaffirms its response through compliance with laws and regulations, wastewater treatment facilities, reductions in water consumption, and research into new dye-processing methods. - FY2023-Q3Implemented inventory-building production after the lockdown to mitigate supply risksAnnual report
「After the lockdown was lifted, Chinese production subsidiaries continued operating at full capacity, supported by the recovery in orders for apparel sewing threads for Japan and inventory-building production to mitigate future risks.」
As a response to emergency risks in its Asian operations, the company carried out inventory-building production to mitigate future risks, and stated that its Chinese production subsidiaries continued operating at full capacity. - FY2022Added consideration of production and supply arrangements for emergenciesAnnual report
「Taking the above risks into account, the group will continue to focus on reducing its environmental impact and aim to further develop and expand its Asian operations while also considering production and supply arrangements for emergencies.」
In addition to its existing response to environmental regulations and permits and approvals, the company has stated its policy of considering production and supply arrangements for emergencies. - FY2021RestatedAnnual report
「At present, the company complies with the laws and regulations and guidance of the relevant authorities, controls increases in water consumption, and has enhanced its wastewater treatment facilities, so there is no immediate impediment to continuing the dyeing process. However, given that future developments, including tighter regulations in each country, could materially affect sewing-thread manufacturing, the company is pursuing measures to reduce water consumption in the dyeing process over a period of approximately 3 to 5 years, as well as research into new dye-processing methods over the longer term.」
While risks relating to environmental regulations, water use, and permits and approvals for wastewater treatment remain, the company reaffirms its response of complying with laws and regulations, enhancing wastewater treatment facilities, reducing water consumption, and researching new dye-processing methods. - FY2020MitigatedAnnual report
「At present, the company complies with the laws and regulations and guidance of the relevant authorities, controls increases in water consumption, and has enhanced its wastewater treatment facilities, so there is no immediate impediment to continuing the dyeing process. However, depending on future developments, including tighter regulations in each country, sewing-thread manufacturing, which requires multiple colors, could be materially affected. Accordingly, the company is pursuing measures to reduce water consumption in the dyeing process over a period of approximately 3 to 5 years, as well as research into dye-processing methods that do not rely on dyeing water over the longer term.」
While acknowledging that risks relating to environmental regulations, water use, and permits and approvals for wastewater treatment remain, the company has specified its responses, including compliance with laws and regulations, enhancement of wastewater treatment facilities, reductions in water consumption, and research into waterless dyeing methods. - FY2019WorsenedAnnual report
「In addition, environmental pollution laws and regulations in Asian countries have recently been becoming increasingly stringent. The company recognizes developments in permits and approvals for securing the water essential for dye processing in sewing-thread manufacturing and for wastewater treatment as new risks that could have a material impact on the group's production structure.」
The company emphasizes that increasingly stringent environmental regulations in Asian countries and permits and approvals for securing dye-processing water and wastewater treatment represent new risks that could affect the production structure. - FY2018First statedAnnual report
「However, the Asian operations inevitably face country risks affecting business continuity, including not only foreign exchange fluctuations but also changes in national governance, sudden amendments to laws and tax systems, changes in employment conditions such as rapid wage increases, and developments involving joint-venture partners. In addition, environmental pollution laws and regulations in Asian countries have recently been becoming increasingly stringent. The company recognizes future developments in permits and approvals for securing the water essential for dye processing in sewing-thread manufacturing and for wastewater treatment as risks that could have a material impact on the group's production structure.」
In addition to foreign exchange, changes in governance, laws and tax systems, wage increases, employment conditions and developments involving joint-venture partners, the company has identified environmental regulations and permits and approvals for dye-processing water and wastewater treatment as specific future risks.