Regulatory and Business-Practice Risks in Overseas Markets
First written in FY2019. 1 of 3 entries say "Raised", first in FY2020. Latest entry: FY2022.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
78 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group considers overseas business to be essential to its further growth and may expand into Asian countries, the United States and European countries in the future. If regulations or other requirements arise locally that the Group is unable to address, this may affect the Group's business and operating results.」
The company continues to identify Asia, the United States and Europe as potential overseas markets and to describe the risks posed by local regulations and other requirements. - FY2020RaisedAnnual report
「The Group considers overseas business to be an investment essential to its further growth and may expand into Asian countries, the United States and European countries in the future.」
The company explicitly identifies potential overseas expansion from Asian countries to the United States and European countries, broadening the scope of the regulatory and business-practice risks covered. - FY2019First statedAnnual report
「If regulations or other requirements arise that the Group is unable to address, this may affect the Group's business and operating results.」
The company has a subsidiary in Taiwan and indicates the possibility of expanding outside Asia in the future, while identifying the markets, business practices and regulations of each country as risks.