Legal and Regulatory, Political, and Disaster Risks Affecting Overseas Subsidiaries
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2022: 43 of 89 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2019Expansion of target countriesAnnual report
「The overseas subsidiaries in the Kingdom of Thailand, the Republic of India and the United States manufacture and sell products in the Group's chemicals business. Unexpected changes in laws or regulations, political instability, terrorism, riots, war, natural disasters and other force majeure events in the respective countries could disrupt manufacturing and sales and adversely affect the Group's operating results and financial condition.」
The disclosure of risks related to laws and regulations, political conditions and disasters at overseas subsidiaries has been expanded to include the relevant countries, including the U.S. subsidiary. - FY2018RestatedAnnual report
「Unexpected changes in laws or regulations, political instability, terrorism, riots, war, natural disasters and other force majeure events in the respective countries could disrupt manufacturing and sales and adversely affect the Group's operating results and financial condition.」
The Group continues to identify risks related to laws and regulations, political conditions, terrorism, war and natural disasters at its overseas subsidiaries. - FY2017RestatedAnnual report
「Unexpected changes in laws or regulations, political instability, terrorism, riots, war, natural disasters and other force majeure events in the respective countries could disrupt manufacturing and sales and adversely affect the Group's operating results and financial condition.」
The Group continues to identify risks related to laws and regulations, political conditions, terrorism, war and natural disasters at its overseas subsidiaries in Thailand and India. - FY2016First statedAnnual report
「Unexpected changes in laws or regulations, political instability, terrorism, riots, war, natural disasters and other force majeure events in the respective countries could disrupt manufacturing and sales and adversely affect the Group's operating results and financial condition.」
For the overseas subsidiaries in Thailand and India, the disclosure identifies disruptions to manufacturing and sales caused by changes in laws and regulations, political instability, terrorism, war, natural disasters and other events.