Economic, political and social risks associated with expansion in Asia
First written in FY2016. 16 of 20 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 72 of 117 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「There is no applicable information because we have no sales to external clients outside Japan.」
The company continues to disclose that it has no overseas revenue and has not identified any specific occurrence of exchange rate, political or social risks associated with expansion in Asia. - FY2022RestatedAnnual report
「There is no applicable information because we have no sales to external clients outside Japan.」
Because the company has no overseas revenue, it has not provided specific disclosure concerning exchange rate, political or social risks associated with expansion in Asia. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter period, there was no new occurrence of business or other risks, nor any material change to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company reconfirms that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2022-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company reconfirms that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter period, there was no new occurrence of business or other risks, nor any material change to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2021-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter period, there was no new occurrence of business or other risks, nor any material change to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2020-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2019DroppedAnnual report
「There is no applicable information because we have no sales to external clients outside Japan.」
The company also had no overseas revenue in FY2019, and there was no specific disclosure concerning exchange rate, political or social risks associated with expansion in Asia. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter period, there was no new occurrence of business or other risks, nor any material change to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2019-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2018DroppedAnnual report
「There is no applicable information because we have no sales to external clients outside Japan.」
The FY2018 risk disclosure did not mention exchange rate, political or social risks associated with expansion in Asia, and disclosed that the company had no overseas revenue. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2018-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new risk occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there has been no new occurrence or material change in the risk disclosure concerning the economic, political and social risks associated with expansion in Asia. - FY2017Clarification of target regions and counterparty risksAnnual report
「One of the company’s strategies is to expand its business in Asia, primarily in the Republic of the Philippines, the Socialist Republic of Viet Nam and the Republic of Indonesia. However, overseas expansion may expose the company to economic risks such as exchange rate fluctuations and trade imbalances, as well as political risks arising from war and terrorism and social risks arising from cultural and customary differences. Unexpected risks arising from differences in business practices may also be present in building relationships with business partners.」
The company specified the target countries as the Philippines, Viet Nam and Indonesia rather than referring generally to the risks of expansion in Asia, and also explicitly identified differences in business practices with business partners. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there has been no new occurrence or material change concerning the economic, political and social risks associated with expansion in Asia. - FY2017-Q2RestatedAnnual report
「During the six-month period ended in the second quarter, there were no new business or other risks, nor any material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there has been no new occurrence or material change concerning business and other risks, and the existing risk disclosure concerning the economic, political and social risks associated with expansion in Asia remains unchanged. - FY2016First statedAnnual report
「However, overseas expansion may expose the company to economic risks such as exchange rate fluctuations and trade imbalances, as well as political risks arising from war and terrorism and social risks arising from cultural and customary differences.」
While pursuing overseas expansion as a growth strategy, the company discloses risks arising from exchange rates, political conditions, and differences in culture and business practices.