Changes in Laws and Regulations and Political and Social Conditions at Overseas Locations
First written in FY2016. 9 of 13 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2024RestatedAnnual report
「Our group is establishing overseas operations in regions around the world, including the Americas, Europe, and Asia, to support the overseas expansion of major customers, including those in the automotive-related industries, and to establish an optimal production and sales structure close to its markets. Accordingly, changes in laws and tax regulations in overseas countries and other social and political developments may create obstacles to our group's business activities.」
The company continues to identify changes in laws, tax systems, and political and social conditions associated with overseas operations as major risks. - FY2024-Q2WorsenedAnnual report
「In addition to the situation in Ukraine and tensions between the United States and China, the geopolitical risk outlook remains a concern as the situation in the Middle East has become unstable due to the ongoing fighting in the Palestinian territories, leaving the outlook uncertain.」
The ongoing fighting in the Palestinian territories and the destabilization of the situation in the Middle East have been explicitly identified as new factors affecting changes in the political and social conditions surrounding overseas operations. - FY2024-Q1RestatedAnnual report
「A high level of concern over geopolitical risks, including the situation in Ukraine and tensions between the United States and China, remains, leaving the outlook uncertain.」
The company reconfirms the high level of concern over geopolitical risks arising from the situation in Ukraine and tensions between the United States and China, as well as the uncertain outlook. - FY2023-Q3RestatedAnnual report
「Although Europe's economy, our main market, slowed under the continued impact of the situation in Ukraine, including persistently high inflation and energy constraints, it remained broadly at the previous year's level.」
The company reconfirms that inflation, energy constraints, and the effects of the situation in Ukraine continue in Europe. - FY2023-Q2RestatedAnnual report
「Although Europe's economy, our main market, slowed under the continued impact of the situation in Ukraine, including record inflation and energy constraints, it remained broadly at the previous year's level.」
The company reconfirms that record inflation, energy constraints, and the effects of the situation in Ukraine continue in Europe. - FY2023-Q1WorsenedAnnual report
「A high level of concern over geopolitical risks, including the situation in Ukraine and tensions between the United States and China, remains, and adverse effects on the economy are expected.」
In addition to the situation in Ukraine, tensions between the United States and China have been explicitly identified, indicating that the risk of changes in the political and social conditions surrounding overseas operations is continuing and expanding. - FY2022RestatedAnnual report
「Our group is establishing overseas operations in regions around the world, including the Americas, Europe, and Asia, to support the overseas expansion of major customers, including those in the automotive-related industries, and to establish an optimal production and sales structure close to its markets. Accordingly, changes in laws and tax regulations in overseas countries and other social and political developments may create obstacles to our group's business activities.」
The company reconfirms the risk of changes in laws, regulations, and political and social conditions associated with the expansion of overseas operations as a risk item. - FY2022-Q3RestatedAnnual report
「Russia's invasion of Ukraine continues in Europe and Africa and has affected the economy, including through higher energy costs.」
Changes in the political and social conditions surrounding overseas operations are affecting the economies of Europe and Africa through the invasion of Ukraine and higher energy costs. - FY2022-Q2WorsenedAnnual report
「In Europe and Africa, Russia's invasion of Ukraine affected the economy, including through higher energy prices.」
Changes in the political and social conditions surrounding overseas operations have materialized as an impact on the economies of Europe and Africa through Russia's invasion of Ukraine and higher energy prices. - FY2021RestatedAnnual report
「We work to gather information regularly in cooperation with group companies in response to these risks, but if they materialize, they may affect our group's business results and financial condition.」
The company reconfirms the risk of changes in laws, regulations, and political and social conditions in overseas countries, as well as regular information gathering in cooperation with group companies. - FY2020-Q1RestatedAnnual report
「Political risks in Europe and Africa, including the UK's withdrawal from the EU and motor vehicle emissions regulations, remain. Their impact during the cumulative first quarter of the fiscal year was limited, but an outbreak of the novel coronavirus also began in mid-February.」
The company states that political and regulatory risks, including the UK's withdrawal from the EU and motor vehicle emissions regulations, continue to exist. - FY2017RestatedAnnual report
「If changes in laws and tax regulations in overseas countries or other social and political developments create obstacles to business activities, they may affect our group's business results and financial condition.」
The company reiterates the risk of changes in laws, regulations, and political and social conditions affecting its overseas operations. - FY2016First statedAnnual report
「If changes in laws and tax regulations in overseas countries or other social and political developments create obstacles to business activities, they may affect our group's business results and financial condition.」
The company identifies changes in laws, tax systems, and social and political conditions affecting its operations in the Americas, Europe, and Asia as business risks.