Intellectual Property, Regulatory and Social Disruption Risks Associated with Overseas Expansion
First written in FY2016. 23 of 26 entries say "Restated". Latest entry: FY2025.
Milbon moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2024: 5 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「また、各国での薬事規制の変更により処方変更が必要となり、廃棄増加や欠品が発生し、コスト増や販売機会の損失につながるおそれがあります。」
従来の模倣品・規制リスクに加え、海外物流停滞、輸送日数・費用増、薬事規制変更による処方変更・廃棄・欠品まで影響範囲が具体化された。 - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2024WorsenedAnnual report
「当社グループ製品の模倣品流通や契約外販路における非正規流通、当社国内向け製品が海外へ非正規に輸出されることによって輸出国及び輸出地における化粧品規制等への違反が発生し、結果的に当社ブランドや製品ブランドの価値が棄損されかねない状況です。」
海外展開に伴う従来の模倣品・規制リスクが、模倣品、契約外販路、国内製品の海外非正規輸出、化粧品規制違反、ブランド価値毀損として具体化された。 - FY2024-H1RestatedAnnual report
「No new business or other risks arose during the current interim consolidated accounting period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2023-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the first half of the current consolidated fiscal year. In addition, no material changes have occurred in the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産、各国法規制、テロ・戦争・社会混乱のリスクについて、重要な変更がないとの扱い。 - FY2020RestatedAnnual report
「海外展開におきましては、模倣品など知的財産権に関するリスク、予期しない各国の法律や規制の変更、テロ・戦争及びその他の要因による社会的混乱といったリスクが内在しております。」
海外展開に伴う知的財産、各国法規制、社会混乱のリスクと、展開先情報の収集による対応を再掲。 - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないとの扱い。 - FY2017RestatedAnnual report
「海外展開におきましては、模倣品など知的財産権に関するリスク、予期しない法律や規制の変更、テロ・戦争及びその他の要因による社会的混乱といったリスクが内在しております。」
海外展開に伴う模倣品・知的財産権、法律・規制変更、テロ・戦争・社会混乱のリスクを再掲。重要な変更の記載はない。 - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
海外展開に伴う知的財産・規制・社会混乱リスクについて、重要な変更がないと記載。 - FY2016First statedAnnual report
「The Group is actively expanding its business in overseas markets. Overseas operations inherently involve risks relating to intellectual property rights, including counterfeit products; unexpected changes in laws and regulations; and social disruption caused by terrorism, war, or other factors.」
Counterfeit products and intellectual property, changes in laws and regulations, terrorism, war, and social disruption were identified as risks associated with overseas expansion.