System, foreign exchange and collection risks associated with overseas business expansion
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Entering overseas markets entails common and unavoidable risks associated with overseas business expansion, including compliance with the laws and regulations of each country's government, the imposition of protectionist trade regulations, foreign exchange restrictions and fluctuations, infrastructure disruptions such as transportation, electricity and telecommunications, adverse changes in various laws and tax systems, taxation under transfer pricing regulations, changes in social, political and economic conditions and deterioration in relations with Japan, counterparty credit risk arising from different business practices, changes in labor conditions and the risk of being unable to secure local personnel.」
The company continues to disclose the regulatory, foreign exchange, infrastructure, political and economic, human resources and investment recovery risks associated with its overseas business. - FY2025RestatedAnnual report
「Entering overseas markets entails common and unavoidable risks associated with overseas business expansion, including compliance with the laws and regulations of each country's government, the imposition of protectionist trade regulations, foreign exchange restrictions and fluctuations, infrastructure disruptions such as transportation, electricity and telecommunications, adverse changes in various laws and tax systems, taxation under transfer pricing regulations, changes in social, political and economic conditions and deterioration in relations with Japan, counterparty credit risk arising from different business practices, changes in labor conditions and the risk of being unable to secure local personnel.」
The company continues to disclose the regulatory, foreign exchange, infrastructure, human resources and investment recovery risks associated with its overseas business. - FY2021First statedAnnual report
「The Group is expanding its global operations, but entering overseas markets entails common and unavoidable risks associated with overseas business expansion, including compliance with the laws and regulations of each country's government, the imposition of protectionist trade regulations, foreign exchange restrictions and fluctuations, and disruptions to infrastructure such as transportation, electricity and telecommunications.」
The company lists the regulatory, foreign exchange, human resources, investment recovery and withdrawal risks associated with having overseas subsidiaries and sales offices.