Country Risks in the Overseas Business
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Specifically, there is concern that the Group's business performance and other matters could be affected by supply-chain disruptions, difficulties procuring raw materials, higher raw-material prices, import and export restrictions, the introduction of new tariffs and other factors arising from heightened tensions over Taiwan, confrontation between the United States and China, the Russia-Ukraine situation and conditions in the Middle East.」
For country risks associated with overseas operations, it added specific channels of impact, including the situation surrounding Taiwan, US-China tensions, the Russia-Ukraine situation, the situation in the Middle East and the introduction of tariffs. - FY2023Update to the scale of overseas operationsAnnual report
「As of the end of March 2023, 33 of the Group's 72 consolidated subsidiaries were overseas companies. Including non-consolidated subsidiaries, affiliates and subsidiaries of affiliates, 49 of the Group's 94 companies operated globally in Asia, Europe, the United States and other regions.」
It updated the scale of overseas operations to 33 of 72 consolidated subsidiaries and 49 of 94 companies across the Group. - FY2022RestatedAnnual report
「As of the end of March 2022, 33 of the Group's 71 consolidated subsidiaries were overseas companies. Including non-consolidated subsidiaries, affiliates and subsidiaries of affiliates, 50 of the Group's 96 companies operated globally in Asia, Europe, the United States and other regions.」
It quantified the scale of overseas operations as 33 of 71 consolidated subsidiaries and 50 of 96 companies across the Group, and described country risks and crisis-management rules. - FY2018RestatedAnnual report
「If terrorism occurs overseas, political conditions deteriorate, economic conditions fluctuate, exchange rates fluctuate, or laws or regulations change unexpectedly, there is concern that the Group's business performance and other matters could be affected.」
It continues to identify country risks, including political, economic, foreign-exchange, and legal and regulatory risks associated with overseas expansion. - FY2017RestatedAnnual report
「If terrorism occurs overseas, political conditions deteriorate, economic conditions fluctuate, exchange rates fluctuate, or laws or regulations change unexpectedly, there is concern that the Group's business performance and other matters could be affected.」
It reiterates the political, economic, foreign-exchange, and legal and regulatory risks associated with overseas operations in Asia, Europe and the United States. - FY2016First statedAnnual report
「If terrorism occurs overseas, political conditions deteriorate, economic conditions fluctuate, exchange rates fluctuate, or laws or regulations change unexpectedly,」
It identifies political, economic and legal and regulatory risks associated with its global operations in Asia, Europe and the United States.