China and ASEAN: Regulatory, Infrastructure and Investment Recovery Risks
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
Pro-Ship moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「However, the Group's expansion may be hindered by the laws and regulations, business practices and state of infrastructure development in countries overseas. In addition, if events occur that could not have been anticipated through prior investigations, recovery of the relevant investment may not proceed as expected, which may affect the Group's performance.」
The wording has broadened from risks specifically naming China and ASEAN to general risks related to institutions, business practices, infrastructure and investment recovery in overseas countries. - FY2022RestatedAnnual report
「However, the Group's expansion may be hindered by the laws and regulations, business practices and state of infrastructure development in China and ASEAN. In addition, if events occur that exceed the expectations of prior investigations, recovery of the relevant investment may not proceed as expected, which may affect the Group's performance.」
The company reiterates the risks to expansion and investment recovery arising from institutions, business practices, infrastructure and unforeseen events in China and ASEAN. - FY2019RestatedAnnual report
「However, the Group's expansion may be hindered by the laws and regulations, business practices and state of infrastructure development in China and ASEAN. In addition, if events occur that exceed the expectations of prior investigations, recovery of the relevant investment may not proceed as expected, which may affect the Group's performance.」
The company reiterates the risks to expansion and investment recovery arising from institutions, business practices, infrastructure and unforeseen events in China and ASEAN. - FY2018RestatedAnnual report
「However, the Group's expansion may be hindered by the laws and regulations, business practices and state of infrastructure development in China and ASEAN. In addition, if events occur that exceed the expectations of prior investigations, recovery of the relevant investment may not proceed as expected, which may affect the Group's performance.」
The company reiterates the risks to expansion and investment recovery arising from institutions, business practices, infrastructure and unforeseen events in China and ASEAN. - FY2016First statedAnnual report
「However, the Group's expansion may be hindered by the laws and regulations, business practices and state of infrastructure development in China and ASEAN.」
For expansion into China and ASEAN, the company identifies local institutions, business practices, infrastructure and delays in recovering investments due to unforeseen events as risks.