Changes in economic conditions, laws and regulations, and political situations in operating regions
First written in FY2017. 4 of 7 entries say "Restated". Latest entry: FY2025.
Shima Seiki Mfg. moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 43 of 89 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「We are closely monitoring developments in economic measures stemming from US-China trade tensions, including increases in reciprocal tariffs and technology export controls, and are working to respond appropriately. However, the introduction or modification of regulations by national governments or international frameworks could affect the Group’s operating results and financial position.」
In addition to existing concerns over trade tensions and technology export controls, concerns about US tariff policy have been explicitly identified as part of the operating environment. - FY2024MitigatedAnnual report
「Accordingly, we are strengthening our systems so that, by leveraging our network of local subsidiaries and distributors operating worldwide, we can detect local developments at an early stage and take prompt action.」
The company explicitly states that its network of local subsidiaries and distributors enables early identification of and rapid responses to changes in economic conditions, regulations and political situations in each country. - FY2023RestatedAnnual report
「We are closely monitoring developments in economic measures stemming from US-China trade tensions, including increases in reciprocal tariffs and technology export controls, and are working to respond appropriately. However, the introduction or modification of regulations by national governments or international frameworks could affect the Group’s operating results and financial position.」
The company continues to disclose risks associated with changes in regulations in its operating regions, including trade tensions, reciprocal tariffs and technology export controls. - FY2021RestatedAnnual report
「The company closely monitors developments in economic measures such as the increases in reciprocal tariffs arising from the US-China trade friction in recent years and technology export controls, and works to respond appropriately. However, if governments or international frameworks newly introduce or change regulations, this could affect the Group's operating results and financial position.」
The company continues to identify the risk of institutional changes, including trade friction, reciprocal tariffs and technology export controls in its operating regions. - FY2019RestatedAnnual report
「I. Sluggish demand due to deteriorating economic conditions II. Unexpected changes in laws or regulations III. Social disruption caused by terrorism, war, political upheaval, deterioration in public security or other factors IV. Natural disasters such as earthquakes」
The company has reconfirmed the risks relating to economic conditions, laws and regulations, political upheaval and public security, and natural disasters in its operating regions. - FY2018RestatedAnnual report
「I. Sluggish demand due to deteriorating economic conditions II. Unexpected changes in laws or regulations III. Social disruption caused by terrorism, war, political upheaval, deterioration in public security or other factors IV. Natural disasters such as earthquakes」
The company has reconfirmed the same categories of risks in its operating regions: economic conditions, laws and regulations, political upheaval and public security, and natural disasters. - FY2017First statedAnnual report
「These regions contain risks such as those listed below, and the occurrence of these events could affect the Group's operating results and financial position. I. Sluggish demand due to deteriorating economic conditions II. Unexpected changes in laws or regulations III. Social disruption caused by terrorism, war, political upheaval, deterioration in public security or other factors IV. Natural disasters such as earthquakes」
The company has organized sluggish demand, changes in laws and regulations, social disruption and natural disasters associated with its global operations as comprehensive regional risks.