Legal, Regulatory and Political Risks Associated with Overseas Market Expansion
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026RestatedAnnual report
「As part of its business expansion strategy, the Group is expanding overseas. Before entering a market, it researches local market trends and the existence and content of relevant laws and regulations and makes careful decisions. However, if risks such as unexpected changes in laws and regulations or social disruption caused by political instability materialize in the future and business expansion fails to progress as initially planned, the Group's business and results may be affected.」
The annual report again discloses the risks of laws and regulations, political instability and social disruption associated with overseas market expansion. - FY2026-H1DroppedAnnual report
「Not applicable.」
The business and other risks section of the interim report contains no specific mention of the risks related to laws and regulations or political conditions associated with overseas market expansion. This does not establish that the risks themselves have disappeared. - FY2025RestatedAnnual report
「As part of our strategy to expand our business, we are expanding overseas. Before entering a market, we investigate local market trends and the existence and substance of relevant laws and regulations and make careful decisions. However, if risks such as unexpected changes in laws and regulations, or social disruption caused by political instability, materialize and the business does not develop as initially planned, this could affect our business and performance.」
The annual report again discloses the risks of laws and regulations, political instability and social disruption associated with overseas market expansion. - FY2025-H1DroppedAnnual report
「Not applicable.」
The business and other risks section of the interim report contains no specific mention of the risks related to laws and regulations or political conditions associated with overseas market expansion. This does not establish that the risks themselves have disappeared. - FY2024RestatedAnnual report
「As part of our strategy to expand our business, we are expanding overseas. Before entering a market, we investigate local market trends and the existence and substance of relevant laws and regulations and make careful decisions. However, if risks such as unexpected changes in laws and regulations, or social disruption caused by political instability, materialize and the business does not develop as initially planned, this could affect our business and performance.」
While continuing to expand overseas, the company continues to disclose the risks of local laws and regulations, political instability and social disruption. - FY2024-Q1DroppedAnnual report
「Not applicable.」
The business and other risks section of the quarterly report states, “There are no applicable matters,” and contains no specific mention of the risks related to laws and regulations or political conditions associated with overseas market expansion. - FY2023RestatedAnnual report
「As part of our strategy to expand our business, we are expanding overseas. Before entering a market, we investigate local market trends and the existence and substance of relevant laws and regulations and make careful decisions. However, if risks such as unexpected changes in laws and regulations, or social disruption caused by political instability, materialize and the business does not develop as initially planned, this could affect our business and performance.」
While commencing and expanding overseas operations, the company continues to disclose the risks of local laws and regulations, political conditions and social disruption. - FY2022First statedAnnual report
「If risks such as unexpected regulatory changes and social disruption caused by political instability emerge, preventing business expansion from progressing as originally planned, the Company's business and performance may be affected.」
The company identifies local laws and regulations, political instability and social disruption as risks to its overseas expansion plans.