Risks Related to Laws and Regulations, Political and Social Conditions Associated with Overseas Operations
First written in FY2016. 8 of 17 entries say "Restated". Latest entry: 2026-07-31.
Ishihara Chemical moved to the "Worse" side of this theme in 2017, 5 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 38 of 76 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- 2026-07-31RestatedEarnings
「The outlook remained uncertain owing to rising prices and interest rates and growing geopolitical risks, including the situation in the Middle East.」
The company reconfirmed the uncertain outlook resulting from rising prices and interest rates and geopolitical risks, including the situation in the Middle East. - FY2026WorsenedAnnual report
「Although Japan's economy continued to recover gradually during the consolidated fiscal year, the outlook remained uncertain owing to rising prices and interest rates, developments in U.S. trade policy, and growing geopolitical risks, including the situation in the Middle East.」
In addition to prices, interest rates and U.S. trade policies previously cited, rising geopolitical risks, including the situation in the Middle East, are explicitly identified as a source of uncertainty. - FY2025WorsenedAnnual report
「During the consolidated fiscal year under review, the Japanese economy continued on a gradual recovery path, but the outlook remained uncertain due to rising prices, higher interest rates and developments in U.S. trade policies.」
In addition to the previously cited slowdown in overseas economies and inflation, higher interest rates and developments in U.S. trade policies are explicitly identified as sources of uncertainty. - FY2024-Q3RestatedAnnual report
「Demand for PCs, smartphones and tablets declined due to the prolonged situation in Ukraine and global inflation, resulting in negative growth for electronic equipment.」
The prolonged situation in Ukraine and global inflation continue to be cited as sources of uncertainty in the overseas economy and business environment. - FY2024-Q1WorsenedAnnual report
「During the consolidated cumulative first quarter under review, the Japanese economy continued on a gradual recovery path as the negative impact of COVID-19 on economic activity eased. However, the outlook remained uncertain due to the effects of rising prices and the slowdown in overseas economies.」
While the impact of COVID-19 eased, explicitly identifies rising prices and the slowdown in overseas economies as new sources of uncertainty. - FY2023-Q3WorsenedAnnual report
「During the consolidated cumulative third quarter under review, the Japanese economy recovered gradually as economic and social activity normalized under the concept of living with COVID-19. However, the outlook remained uncertain due to the prolonged situation in Ukraine, global inflation and monetary tightening.」
While describing the recovery resulting from the normalization of economic and social activity, explicitly identifies the prolonged situation in Ukraine, global inflation and monetary tightening as new sources of uncertainty. - FY2023-Q1WorsenedAnnual report
「Situation in Ukraine」
In addition to the geopolitical risks and other factors previously cited, the situation in Ukraine is explicitly identified as a source of uncertainty in overseas economies. - FY2020Specifies geographic diversification of overseas operationsAnnual report
「In developing overseas markets, we are pursuing a suitable degree of diversification rather than concentrating on a single region.」
Specifies a policy of avoiding concentration in a particular region as a response to political, social and other risks associated with overseas activities. - FY2020-Q2RestatedAnnual report
「During the consolidated cumulative second quarter under review, the Japanese economy continued to recover gradually, supported by ongoing improvements in employment and income conditions and the effects of various policies. However, the outlook remained uncertain due to the impact of trade issues on the global economy and the effects of volatility in financial and capital markets.」
Reiterates trade issues and volatility in financial and capital markets as factors contributing to uncertainty in the overseas and economic environment. - FY2020-Q1RestatedAnnual report
「During the consolidated cumulative first quarter under review, the Japanese economy continued to recover gradually, supported by ongoing improvements in employment and income conditions and the effects of various policies. However, the outlook remained uncertain due to the impact of trade issues on the global economy and the effects of volatility in financial and capital markets.」
Reiterates trade issues and volatility in financial and capital markets as factors contributing to uncertainty in the overseas and economic environment. - FY2019RestatedAnnual report
「The outlook remained uncertain, partly due to the impact of trade friction arising from U.S. trade policies.」
Reiterates trade friction arising from U.S. trade policies as a factor contributing to uncertainty in overseas economies. - FY2019-Q3RestatedAnnual report
「Overseas, uncertainty, including the impact of trade friction arising from U.S. trade policies, continued.」
Reiterates the impact of trade friction arising from U.S. trade policies as a factor contributing to an uncertain outlook for overseas economies. - FY2019-Q2WorsenedAnnual report
「Meanwhile, the outlook remained uncertain due to uncertainty in overseas economies, including trade friction arising from the strongly protectionist trade policies of the U.S. administration.」
In addition to the U.S. policy direction and geopolitical risks previously cited, trade friction arising from protectionist trade policies has emerged as a specific source of uncertainty in overseas economies. - FY2019-Q1RestatedAnnual report
「During the consolidated cumulative first quarter under review, the Japanese economy showed signs of recovery, with corporate earnings improving against the backdrop of the government's economic and monetary policies. However, the outlook remained uncertain due to uncertainty in overseas economies, including the direction of U.S. administration policies and rising geopolitical risks.」
Uncertainty in overseas economies, including the direction of U.S. administration policies and rising geopolitical risks, continues to be cited as a factor contributing to an uncertain outlook. - FY2018-Q1WorsenedAnnual report
「During the consolidated cumulative first quarter under review, the Japanese economy showed signs of a gradual recovery, with a pickup in personal consumption and capital investment and an improving trend in corporate earnings. However, the outlook remained uncertain due to uncertainty in overseas economies, including the economic slowdown in emerging Asian economies such as China, the direction of U.S. policy and rising geopolitical risks.」
States explicitly that, in addition to uncertainty in overseas economies, rising geopolitical risks have increased concerns over political and social risks associated with overseas activities. - FY2017RestatedAnnual report
「The Group is actively developing overseas markets and is conducting sales and technical support activities in various countries, primarily China and Southeast Asia. The following risks are associated with these overseas activities, and the occurrence of any of these events could adversely affect the Group's operating results and financial position.」
Reiterates the risks associated with overseas activities in China, Southeast Asia and other regions, including legal, regulatory and tax risks, infrastructure risks, and political and social risks. - FY2016First statedAnnual report
「We are actively developing overseas markets and are conducting sales and technical support activities in various countries, primarily China and Southeast Asia. The following risks are associated with these overseas activities, and the occurrence of any of these events could adversely affect our operating results and financial position.」
First reported. Lists the risks associated with overseas expansion in China, Southeast Asia and other regions, including legal and tax risks, infrastructure risks, political risks, terrorism, war, civil unrest and disease.