Risks Materializing at Subsidiaries and Impact of Business Restructuring
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2017: 6 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The Group conducts manufacturing and sales activities to optimise its product supply structure. However, if it reviews or reorganises its businesses to optimise the Group as a whole and this temporarily results in significant losses, its operating results and financial position may be materially affected.」
While proceeding with the optimisation of its product supply structure, the Group continues to face the risk of temporary losses associated with business reviews and reorganisations. - FY2020RestatedAnnual report
「If any of the risks described here materialise at a subsidiary, this creates a risk of a material impact on customer trust, social credibility, operating results and financial condition. The Group, led by the company, also conducts manufacturing and sales activities to optimise the Group's product supply system. If it reviews or restructures its businesses in pursuit of overall optimisation across the Group, this could temporarily have a material impact on operating results and financial condition.」
The risks of various issues arising at subsidiaries and the temporary impact of business reviews and reorganisations aimed at optimising the group as a whole remain ongoing. - FY2019First statedAnnual report
「If any of the risks described here materialise at a subsidiary, this creates a risk of a material impact on customer trust, social credibility, operating results and financial condition. The Group, led by the company, also conducts manufacturing and sales activities to optimise the Group's product supply system. If it reviews or restructures its businesses in pursuit of overall optimisation across the Group, this could temporarily have a material impact on operating results and financial condition.」
In addition to various risks arising at subsidiaries, the temporary impact of business reviews and reorganisations aimed at optimising the group as a whole is described as a standalone risk.