Political, Legal and Regulatory, and Natural Disaster Risks at Operations in Thailand and China
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2023.
Awa Paper & Technological Company moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 37 of 74 companies on the "Worse" side.
9 other companies' latest entry also says "Reframed".
- FY2023ReframedAnnual report
「Our group conducts manufacturing, sales, and research and development activities in Thailand, and maintains a representative office in China to support sales. If risks arising from uncertainty in the business environment, including the legal and regulatory frameworks, economic conditions, political instability, and pandemics in each country, materialize in the course of our global business activities, they may adversely affect the group's business performance.」
The explanation of overseas-site risks was reorganized around risks to overseas operations comprising manufacturing, sales, and research and development in Thailand and sales support through a representative office in China. - FY2019RestatedAnnual report
「If natural disasters, political unrest, major changes or tightening of laws, tax systems, or regulations, or other factors make it temporarily or permanently difficult to continue business activities in Thailand and China, where our group conducts overseas business, this may affect the group's business performance.」
The disclosure continues to identify political, regulatory, and natural-disaster risks related to overseas business activities in Thailand and China. - FY2018RestatedAnnual report
「If natural disasters, political unrest, major changes or tightening of laws, tax systems, or regulations, or other factors make it temporarily or permanently difficult to continue business activities in Thailand and China, where our group operates overseas, this may affect the group's business performance.」
The disclosure continues to identify political, regulatory, and natural-disaster risks related to overseas business activities in Thailand and China. - FY2016First statedAnnual report
「If natural disasters, political unrest, major changes or tightening of laws, tax systems, or regulations, or other factors make it temporarily or permanently difficult to continue business activities in Thailand and China, where our consolidated subsidiaries Thai United Awa Paper Co.,Ltd. and 阿波製紙(上海)有限公司 are located, this may affect the group's business performance.」
The disclosure lists external factors that could impede business continuity at overseas production sites in Thailand and China.