Foreign-Exchange, Country and Investment Loss Risks Associated with Overseas Investments
First written in FY2016. 3 of 9 entries say "Worsened", first in FY2021. Latest entry: FY2026.
EnBio Holdings,Inc moved to the "Worse" side of this theme in 2021, 2 years before the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 12 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Following its withdrawal from the biomass gasification power generation business in Turkey, the company recorded an allowance for doubtful accounts on long-term loans to an affiliated company as an extraordinary loss.」
Risks of losses associated with overseas investments actually materialized through the withdrawal from the Turkey business, a ¥661 million provision for doubtful accounts and a ¥131 million impairment loss on investment securities, among other items. - FY2025ReframedAnnual report
「In its renewable energy business, the Group is actively expanding into overseas markets, mainly in Middle Eastern and Southeast Asian countries.」
The description of overseas business risks has been reorganized from a focus on the soil contamination countermeasures business in China to a focus on the renewable energy business in the Middle East and Southeast Asia. - FY2023WorsenedAnnual report
「The Group is actively expanding its business in overseas markets, mainly in China, where it operates a soil contamination countermeasures business, and Middle Eastern countries, where it operates a renewable energy business. Before expanding overseas, it researches and assesses local market and policy trends, the competitive environment and other factors. Nevertheless, overseas business expansion may involve foreign exchange risk and country risk associated with business investments, as well as the risk of incurring losses equal to or greater than the amount invested due to changes in market conditions. In addition, the spread of COVID-19 or political upheaval may cause economic activity in those countries to stall.」
While overseas expansion has extended from China to the Middle East, the company identifies the risks of foreign exchange, country exposure and investment losses, as well as the risk of economic activity stalling due to infectious diseases or political upheaval. - FY2022-Q1WorsenedAnnual report
「Although economic conditions in China, where the Group has subsidiaries, have begun to recover, unexpected lockdowns, restrictions on travel between cities and entry restrictions aimed at containing the spread of infection are constraining business operations.」
Although signs of an economic recovery are emerging in China, the company describes unexpected lockdowns, intercity travel restrictions and entry restrictions as specific constraints on overseas operations. - FY2021WorsenedAnnual report
「The Group plans to actively expand its business in overseas markets, mainly in China, Southeast Asia and the Middle East. Overseas business expansion may involve foreign exchange risk and country risk associated with business investments, as well as the risk of incurring losses equal to or greater than the amount invested. In addition, the current spread of COVID-19 may cause economic activity in those countries to stall.」
The scope of overseas expansion has extended beyond China and Southeast Asia to the Middle East, adding the risk of economic activity stalling in those countries due to COVID-19. - FY2017RestatedAnnual report
「The Group plans to actively expand its business in overseas markets, mainly in China and Southeast Asian countries. Overseas business expansion may involve foreign exchange risk and country risk associated with business investments, as well as the risk of incurring losses equal to or greater than the amount invested.」
The company reiterates the foreign exchange, country and investment loss risks associated with expansion into China and Southeast Asia. - FY2016First statedAnnual report
「Overseas business expansion may involve foreign exchange risk and country risk associated with business investments, as well as the risk of incurring losses equal to or greater than the amount invested. If the business cannot be expanded as planned, this may affect the Group's business strategy and operating results.」
The company discloses risks specific to overseas operations alongside its policy of expanding into China and Southeast Asia.