Risks in overseas operations, including political, foreign exchange and disaster risks
First written in FY2016. 4 of 10 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「As our group expands its business overseas, if political or economic instability, foreign exchange fluctuations, natural disasters, war, terrorism, the enactment or amendment of laws and regulations, or differences in culture and customs causes a situation beyond the range anticipated by our group, this may affect the operating performance and financial condition.」
The risks of political, economic, foreign exchange, disaster, legal and regulatory factors, and cultural differences associated with overseas operations continue to be identified. - FY2022-Q3MaterialisedAnnual report
「However, overseas operations remain in an unstable outlook due to the lockdown that began in Shanghai at the end of March as part of measures to contain coronavirus infections.」
The disclosure states that the lockdown that began in Shanghai at the end of March affected the overseas business, resulting in an unstable outlook. - FY2022-Q2MitigatedAnnual report
「In the green business, the overseas business, where sales had stagnated due to customers reducing office space or closing offices amid the COVID-19 pandemic, improved, while sales of domestic rental greenery and Christmas- and New Year-related products began to recover, resulting in higher revenue and profit. The operating margin was 23.7% in the Kanto area, compared with 22.7% in the same quarter of the previous year; 26.2% in the Kansai area, compared with 23.0%; and -6.6% in overseas areas, compared with -27.1%.」
In the overseas business affected by the COVID-19 pandemic and the weak overseas economy, the operating margin loss narrowed from 27.1% in the same quarter of the previous year to 6.6%. - FY2022-Q1MitigatedAnnual report
「In the green business, rental greenery contracts, which had stagnated in both Japan and overseas due to customers reducing office space or closing offices amid the COVID-19 pandemic, began to recover, resulting in higher revenue and profit. As a result, segment revenue was ¥1,602.218 million, up 17.8% year on year, and operating profit was ¥232.546 million, up 79.2%. The operating margin was 20.8% in the Kanto area, compared with 21.0% in the same period of the previous year; 23.5% in the Kansai area, compared with 22.2%; and -12.4% in overseas areas, compared with -44.9%.」
Rental greenery contracts in Japan and overseas began to recover, resulting in higher revenue and profit in the green business. The overseas area remained loss-making at the operating level, but the loss narrowed. - FY2021MaterialisedAnnual report
「In the green business, revenue and profit declined in both Japan and overseas as customers reduced office space or closed offices due to the COVID-19 pandemic, resulting in rental greenery contract terminations and contract reviews. As a result, segment revenue was ¥6,209.878 million, down 3.9% from the previous fiscal year, and operating profit was ¥906.216 million, down 16.3%. The operating margin was 19.6% in the Kanto area, compared with 24.4% in the same period of the previous year; 21.8% in the Kansai area, compared with 24.2%; and -6.7% in overseas areas, compared with 0.7%.」
The impact of the COVID-19 pandemic and economic downturn, including in the overseas business, materialized over the full year as contract terminations and lower revenue and profit. - FY2021-Q3MaterialisedAnnual report
「In the green business, revenue and profit declined in both Japan and overseas as customers reduced office space or closed offices due to the COVID-19 pandemic, resulting in rental greenery contract terminations and contract reviews.」
The impact of deteriorating economic conditions, including in the overseas business, and the COVID-19 pandemic continues to materialize as contract terminations and lower revenue and profit. - FY2021-Q2MaterialisedAnnual report
「The overseas business posted lower revenue as economic conditions deteriorated significantly due to lockdowns and other measures, while contracts for rental greenery were terminated and contract terms were reviewed as customers reduced office space or closed offices due to the COVID-19 pandemic.」
The deterioration in economic conditions and impact of lockdowns in the overseas business actually resulted in rental greenery contract terminations and other factors, leading to lower revenue. - FY2019RestatedAnnual report
「As our group expands its business overseas, if political or economic instability, foreign exchange fluctuations, natural disasters, war, terrorism, the enactment or amendment of laws and regulations, or differences in culture and customs causes a situation beyond the range anticipated by our group, this may affect performance and financial condition.」
The risks of political, economic, foreign exchange, disaster, legal and regulatory factors, and cultural differences associated with overseas operations continue to be identified. - FY2017RestatedAnnual report
「As our group expands its business overseas, if political or economic instability, foreign exchange fluctuations, natural disasters, war, terrorism, the enactment or amendment of laws and regulations, or differences in culture and customs causes a situation beyond the range anticipated by our group, this may affect performance and financial condition.」
In addition to political, economic, foreign exchange, disaster, legal and regulatory risks associated with overseas operations, differences in culture and customs are also identified as risks. - FY2016First statedAnnual report
「As our group expands its business overseas, if political or economic instability, foreign exchange fluctuations, natural disasters, war, terrorism, or the enactment or amendment of laws and regulations causes a situation beyond the range anticipated by our group, this may affect performance and financial condition.」
Political, economic, foreign exchange, disaster and legal and regulatory risks associated with expanding overseas operations are listed.