Political, Economic, Legal and Regulatory, and Other Risks Related to Overseas Subsidiaries in Vietnam
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
1 other company's latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The subsidiary’s contribution to the group’s total sales was limited during the current consolidated fiscal year, and the impact is expected to be minor if this risk materializes.」
Risks related to the Vietnamese subsidiary’s political, economic, and legal and regulatory environment continue to be disclosed, with the additional explanation that its contribution to group sales is limited and the impact is expected to be minor. - FY2024First statedAnnual report
「The group has an overseas subsidiary that is a software development company based in Vietnam. In addition to operating a contract development business locally, the subsidiary undertakes part of the parent company’s development work. Accordingly, changes in Vietnam’s political, economic, and legal and regulatory environment, social unrest such as war and terrorism, or sudden and unforeseeable changes in working conditions could affect the group’s operating results and financial position.」
Following the conversion of 10KN COMPANY LIMITED into a subsidiary, risks related to Vietnam’s political, economic, and legal and regulatory environment, social unrest, and sudden changes in working conditions were disclosed for the first time as a standalone overseas subsidiary risk.