Risks Associated with Overseas Expansion, Including Policy, Regulatory, Geopolitical and Disaster Risks
First written in FY2017. 5 of 14 entries say "Restated". Latest entry: FY2026.
Advanex moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 37 of 74 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「As our group has expanded globally, it faces risks specific to the regions in which it operates. These include increases in minimum wages that disregard economic growth and inflation rates, demonstrations and terrorism, natural disasters and the spread of infectious diseases, and changes in tax rules such as tariffs and corporate tax rates.」
Country risks associated with overseas operations, including minimum wages, demonstrations and terrorism, natural disasters, infectious diseases, and changes in tariffs and tax rules, continue to be reported. - FY2025RestatedAnnual report
「As our group has expanded globally, it faces risks specific to the regions in which it operates. These include increases in minimum wages that disregard economic growth and inflation rates, demonstrations and terrorism, natural disasters and the spread of infectious diseases, and changes in tax rules such as tariffs and corporate tax rates.」
Country risks associated with overseas operations, including minimum wages, demonstrations and terrorism, natural disasters, infectious diseases, and changes in tariffs and tax rules, continue to be reported. - FY2024MaterialisedAnnual report
「This was a loss resulting from a disaster at Advanex Europe Ltd., a consolidated subsidiary of the Company.」
Regarding disaster risks at overseas locations, a loss of ¥3.083 million resulting from a disaster was actually recorded at a European subsidiary. - FY2023-Q3RestatedAnnual report
「At the request of the local government authorities in connection with measures to prevent COVID-19, some overseas subsidiaries suspended operations. Fixed costs incurred during the suspension period, amounting to ¥44.323 million, were recorded as an extraordinary loss.」
The suspension of operations at an overseas subsidiary and the recording of ¥44.323 million in fixed costs as an extraordinary loss continued, indicating that the actual impact of infectious disease and local-government-response risks also continued. - FY2023-Q2MaterialisedAnnual report
「At the request of the local government authorities in connection with measures to prevent COVID-19, some overseas subsidiaries suspended operations. Fixed costs incurred during the suspension period, amounting to ¥44.480 million, were recorded as an extraordinary loss.」
An overseas subsidiary actually suspended operations during the current quarter, and ¥44.480 million in fixed costs was recorded as a loss related to COVID-19. - FY2023-Q1MaterialisedAnnual report
「At the request of the local government authorities in connection with measures to prevent COVID-19, some overseas subsidiaries suspended operations. Fixed costs incurred during the suspension period, amounting to ¥43.986 million, were recorded as an extraordinary loss.」
Regarding the risks of infectious diseases and responses to local governments associated with overseas expansion, an overseas subsidiary suspended operations, and ¥43.986 million in fixed costs was recorded as an extraordinary loss. - FY2022RestatedAnnual report
「As our group has expanded globally, with 20 production sites in 12 countries worldwide, it faces risks specific to the regions in which it operates. These include increases in minimum wages that disregard economic growth and inflation rates, demonstrations and terrorism, natural disasters and the spread of infectious diseases, and changes in tax rules such as tariffs and corporate tax rates.」
Country risks based on 12 countries and 20 production sites, including minimum wages, demonstrations and terrorism, natural disasters, infectious diseases, and tax changes, as well as responses through information sharing, continue to be reported. - FY2021ReframedAnnual report
「As our group has expanded globally, with 20 production sites in 12 countries worldwide, it faces risks specific to the regions in which it operates. These include increases in minimum wages that disregard economic growth and inflation rates, demonstrations and terrorism, natural disasters and the spread of infectious diseases, and changes in tax rules such as tariffs and corporate tax rates.」
The risks have been organized as country risks based on 12 countries and 20 production sites, including minimum wages, demonstrations and terrorism, infectious diseases, and tax changes, rather than as a conventional list of overseas expansion risks. - FY2021-Q3WorsenedAnnual report
「At the request of the local government authorities in connection with measures to prevent COVID-19, some overseas subsidiaries suspended operations. Fixed costs and other expenses incurred during the suspension period, amounting to ¥39.820 million, were recorded as an extraordinary loss.」
The suspension of operations at an overseas subsidiary continued, with ¥39.820 million in fixed costs and other expenses incurred during the suspension recorded as an extraordinary loss. - FY2021-Q2WorsenedAnnual report
「At the request of the local government authorities in connection with measures to prevent COVID-19, some overseas subsidiaries suspended operations. Fixed costs and other expenses incurred during the suspension period, amounting to ¥39.179 million, were recorded as an extraordinary loss.」
The suspension of operations at an overseas subsidiary continued to be reported, with ¥39.179 million in fixed costs and other expenses incurred during the suspension recorded as an extraordinary loss. - FY2021-Q1WorsenedAnnual report
「We suspended operations at some overseas subsidiaries at the request of local government authorities in response to the spread of COVID-19. We recorded ¥38.054 million in fixed costs and other expenses incurred during the suspension period as an extraordinary loss.」
Regarding the risks of infectious diseases and other issues associated with overseas expansion, an overseas subsidiary suspended operations during the current quarter, and ¥38.054 million in fixed costs and other expenses was recorded as an extraordinary loss. - FY2020MaterialisedAnnual report
「The spread of COVID-19 has affected the Group, including the suspension of operations at some plants.」
The global operations, including overseas sites, have resulted in risks such as infectious diseases, and the suspension of operations at some plants has actually occurred. - FY2018RestatedAnnual report
「Our expansion into these overseas markets may expose the Group's earnings and financial position to adverse effects from unexpected changes in policies, laws or regulations, terrorist attacks or hostilities, natural disasters and epidemics.」
The risks of policies, laws and regulations, terrorism and hostilities, natural disasters and epidemics associated with the expansion of overseas operations continue to be stated. - FY2017First statedAnnual report
「Our expansion into these overseas markets may expose the Group's earnings and financial position to adverse effects from unexpected changes in policies, laws or regulations, terrorist attacks or hostilities, natural disasters and epidemics.」
The company lists the risks of policies, laws and regulations, terrorism and hostilities, natural disasters and epidemics associated with the expansion of overseas production and sales activities.