Political and economic conditions and regulatory change risks in the Group's overseas Asian operations
First written in FY2018. 3 of 8 entries say "Restated". Latest entry: FY2025.
Koatsu Gas Kogyo moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 49 of 95 companies on the "Worse" side.
82 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「As part of its growth strategy, the Group operates in the Asian region, where market expansion is expected, through its gas and chemical products businesses. Changes in political and economic conditions in the region, unexpected changes in laws and regulations, rapid market changes, or other changes in the operating environment could affect the Group's operating results and financial position.」
The risks of political, economic, regulatory and market changes associated with the gas and chemical products businesses' expansion in Asia continued to be described. - FY2024-Q1MitigatedAnnual report
「Although Pegalock's demand for China recovered after the lifting of China's lockdowns, domestic demand declined, including demand related to housing equipment.」
The description of declining overseas demand due to lockdowns in major Chinese cities changed to state that demand for China recovered after the lockdowns were lifted. - FY2023-Q2RestatedAnnual report
「Pegalock's overseas demand declined due to lockdowns in major Chinese cities.」
The decline in overseas demand due to lockdowns in major Chinese cities was reported as an actual result, continuing from the previous quarter. - FY2023-Q1MaterialisedAnnual report
「Although Pegalock's overseas demand declined due to lockdowns in major Chinese cities, domestic demand recovered and increased.」
The risk associated with changes in political and economic conditions in Asia materialized as a decline in overseas demand due to lockdowns in major Chinese cities. - FY2022WorsenedAnnual report
「As part of its growth strategy, the Group operates in the Asian region, where market expansion is expected, through its gas and chemical products businesses. Changes in political and economic conditions in the region, unexpected changes in laws and regulations, rapid market changes, or other changes in the operating environment could affect the Group's operating results and financial position.」
The description was expanded from risks in the Group's overseas Asian operations centered on the chemical products business to include the gas business as well. - FY2020WorsenedAnnual report
「Changes in political and economic conditions in the region, unexpected changes in laws and regulations, rapid market changes, or other changes in the operating environment could affect the Group's operating results and financial position.」
Changes in the operating environment, such as rapid market changes, were added to the risks of the Group's overseas Asian operations. - FY2019RestatedAnnual report
「As part of its trade activities and growth strategy, the Group operates in the Asian region, where market expansion is expected, through its chemical products business. Changes in political and economic conditions in the region, unexpected changes in laws and regulations, or other circumstances could affect the Group's operating results and other matters.」
The risks of changes in political and economic conditions and regulatory changes associated with expanding the chemical products business in Asia continued to be described. - FY2018First statedAnnual report
「As part of its trade activities and growth strategy, the Group operates in the Asian region, where market expansion is expected, through its chemical products business. Changes in political and economic conditions in the region, unexpected changes in laws and regulations, or other circumstances could affect the Group's operating results and other matters.」
The risks of changes in political and economic conditions and regulatory changes associated with expanding the chemical products business in Asia were newly described.