Operational Delays or Suspensions Due to Changes in Overseas Regulations, Policies and Economic Conditions
First written in FY2016. 9 of 13 entries say "Worsened", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「In addition, tighter regulations and policies in various countries from an economic security perspective may affect business operations.」
In addition to conventional geopolitical and policy risks, tighter regulations and policies in various countries driven by economic security concerns were explicitly identified as a new factor affecting the business. - FY2026-H1U.S. tariff-related disruption coexisted with uncertainty.Annual report
「During the interim consolidated accounting period, the global economy remained generally firm, and some progress was made toward agreements between the United States and other countries regarding disruption caused by U.S. tariff measures. However, the outlook remains uncertain due to rising labor costs and prices worldwide and the impact of foreign exchange movements, among other factors.」
The global economy was generally firm, and some progress was said to have been made toward agreements addressing disruption from U.S. tariff measures, while uncertainty about the outlook due to rising labor costs and prices and foreign exchange movements continued. - FY2025WorsenedAnnual report
「The global economy remained resilient during the fiscal year as monetary tightening aimed at curbing high inflation continued. However, the outlook remains uncertain due to the impact of U.S. tariff measures, globally rising labor costs and prices, and sharp foreign exchange movements.」
In addition to existing geopolitical and policy risks, U.S. tariff measures, rising labor costs and prices, and sharp foreign exchange movements were explicitly identified as sources of uncertainty in the external environment. - FY2024WorsenedAnnual report
「Regarding the global economy during the fiscal year, although the trend toward higher prices continued against the backdrop of the situations in Ukraine and the Middle East, signs of slowing inflation emerged as central banks in various countries tightened monetary policy.」
Regarding existing geopolitical and overseas policy risks, Ukraine, the situation in the Middle East, rising prices and monetary tightening continued to be identified as external factors affecting the business environment during the fiscal year. - FY2024-Q3WorsenedAnnual report
「There is also a risk that disruption to logistics networks caused by escalating tensions in the Middle East may become evident going forward.」
In addition to existing geopolitical and overseas policy risks, the possibility of logistics network disruptions caused by escalating tensions in the Middle East was newly identified. - FY2023-Q3MaterialisedAnnual report
「In the automotive industry, supply chains were disrupted by semiconductor supply constraints, China's zero-COVID policy and other factors, forcing major fluctuations in vehicle production.」
Operating risks arising from overseas policies and regulations became evident in the form of supply chain disruptions and production fluctuations caused by China's zero-COVID policy and semiconductor supply constraints. - FY2023-Q2WorsenedAnnual report
「In the automotive industry, supply chains were disrupted by semiconductor supply constraints and the lockdown in Shanghai, China, resulting in successive production adjustments by automakers.」
Semiconductor supply constraints and the lockdown in Shanghai, China, became evident in the form of supply chain disruptions and production adjustments by automakers. - FY2023-Q1WorsenedAnnual report
「Uncertain risks are also increasing, including the prolonged invasion of Ukraine and the economic slowdown in China.」
Regarding geopolitical and economic risks affecting overseas operations, the prolonged invasion of Ukraine and the economic slowdown in China were explicitly identified as uncertain factors during the quarter. - FY2022WorsenedAnnual report
「If geopolitical risks such as political instability, political tensions between countries, war, conflict or terrorism arise in or around the countries and regions where the group operates, the company's business activities may be restricted or disrupted, potentially affecting the group's results.」
In addition to existing overseas policy and regulatory risks, geopolitical risk was explicitly identified as a separate risk item, with greater procurement self-sufficiency and a balance of profitability across regions cited as countermeasures. - FY2021-Q1MaterialisedAnnual report
「G-TEKT MEXICO CORP. S.A. DE C.V., G-TEKT India Private Ltd., and G-KT do Brasil Ltda., three consolidated subsidiaries, suspended operations at the request of national and local governments to prevent the spread of COVID-19.」
Requests from national and local governments led to actual operating stoppages at the three companies in Mexico, India and Brazil, making the existing risk of operating delays and stoppages caused by overseas policies and regulations evident. - FY2019-Q1WorsenedAnnual report
「The global economy during the first quarter was uncertain due to concerns that trade friction would intensify and persist as a result of the US's protectionist trade policies.」
In addition to existing policy and regulatory risks in overseas markets, the United States' protectionist trade policies and concerns over the intensification and prolongation of trade friction were explicitly identified. - FY2017WorsenedAnnual report
「In these countries and regions, the procurement of materials and components, production, and sales may be delayed or suspended due to unforeseeable decisions on or changes to laws and regulations, differences in systems and laws between countries, the implementation of government policies such as foreign exchange controls, investment policies and tariff policies, changes in political and economic conditions, and changes in the social and labor environment, including rising wage levels.」
In addition to existing legal, regulatory, policy and economic changes, changes in the social and labor environment, including rising wage levels, were explicitly identified as risks to overseas operations. - FY2016First statedAnnual report
「The procurement of materials and components, production, and sales may be delayed or suspended due to unforeseeable decisions on or changes to laws and regulations, the implementation of government policies such as foreign exchange controls, investment policies and tariff policies, and rapid economic changes.」
Risks at overseas sites were identified, including laws and regulations, foreign exchange, investment and tariff policies, and economic changes.