Legal and Regulatory, Foreign Exchange, and Human Resources Risks Associated with Overseas Market Expansion
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 10 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Although our group is expanding its business globally, overseas operations involve common and unavoidable risks, including the need to comply with the laws and regulations of individual countries, the imposition of protectionist trade measures, foreign-exchange restrictions and fluctuations, disruptions to infrastructure such as transportation, electricity and telecommunications, unfavorable changes to various laws or tax systems, taxation under transfer-pricing rules, changes in social, political and economic conditions or deterioration in relations with Japan, customers’ credit risk arising from different business practices, changes in working environments, and the inability to secure local personnel.」
Continued disclosure of the legal and regulatory, foreign-exchange, infrastructure, political and economic, business-practice and personnel-retention risks associated with overseas expansion. - FY2020RestatedAnnual report
「If business expansion fails to progress as initially planned due to various factors, including unexpected changes in the laws or regulations of governments in individual countries, changes in economic conditions, economic trends such as foreign-exchange movements, differences in business practices, changes in working environments, and the recruitment and retention of personnel, this could affect the performance of our group.」
Continued disclosure of the legal and regulatory, economic, foreign-exchange, business-practice, working-environment and personnel-retention risks associated with overseas expansion. - FY2019RestatedAnnual report
「If business expansion fails to progress as initially planned due to various factors, including unexpected changes in the laws or regulations of governments in individual countries, changes in economic conditions, economic trends such as foreign-exchange movements, differences in business practices, changes in working environments, and the recruitment and retention of personnel, this could affect the performance of our group.」
Continued disclosure of the legal and regulatory, economic, foreign-exchange, business-practice, working-environment and personnel-retention risks associated with overseas expansion. - FY2018RestatedAnnual report
「Our group is expanding its business in overseas markets, including by establishing overseas subsidiaries. If business expansion fails to progress as initially planned due to various factors, including unexpected changes in the laws or regulations of governments in individual countries, changes in economic conditions, economic trends such as foreign-exchange movements, differences in business practices, changes in working environments, and the recruitment and retention of personnel, this could affect the performance of our group.」
Continued disclosure of the legal and regulatory, economic, foreign-exchange, business-practice, working-environment and personnel-retention risks associated with overseas expansion. - FY2017First statedAnnual report
「If business expansion fails to progress as initially planned due to various factors, including unexpected changes in the laws or regulations of governments in individual countries, changes in economic conditions, economic trends such as foreign-exchange movements, differences in business practices, changes in working environments, and the recruitment and retention of personnel, this could affect the performance of our group.」
Legal and regulatory, economic, foreign-exchange, business-practice, working-environment and personnel-retention risks associated with overseas subsidiaries and overseas expansion are identified.