Social and Political Risks Associated with Expansion into Emerging Markets
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 11 of 19 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Emerging markets are becoming increasingly important to the Group's business operations. Depending on the region or country, unexpected situations such as restrictions on the Group's business activities due to inadequate social infrastructure may occur because of cultural differences, differences in legal systems, and social and political instability.」
Continuing to identify risks associated with overseas operations, including legal systems, social and political instability, personnel and labor markets. - FY2022RestatedAnnual report
「Emerging markets are becoming increasingly important to the Group's business operations. Depending on the region or country, unexpected situations such as restrictions on the Group's business activities due to inadequate social infrastructure may occur because of cultural differences, differences in legal systems, and social and political instability.」
Continuing to identify risks associated with overseas operations, including legal systems, social and political instability, personnel and labor markets. - FY2018First statedAnnual report
「Emerging markets are becoming increasingly important to the Group's business operations, and production by local group companies, particularly in Asia, is increasing.」
Describing the impact on local production of changes in laws and regulations in emerging markets, securing personnel, labor disputes, rising labor costs, demonstrations, riots, terrorism and infectious diseases.