Political, Legal and Regulatory, and Labor Risks Associated with Overseas Expansion
First written in FY2018. 1 of 2 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2022: 21 of 45 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「Our group conducts business activities, including production and sales, in countries around the world. Accordingly, at our various sites and in the markets where we operate, there are risks of economic and political disruption caused by war, terrorism and other events, as well as risks arising from unexpected changes to laws, regulations and tax systems.」
Risks related to political conditions, laws and regulations, tax systems and labor issues in overseas sites and markets continue to be disclosed. - FY2018First statedAnnual report
「Our group conducts business activities, including production and sales, in countries around the world. Accordingly, at our various sites and in the markets where we operate, there are risks of economic and political disruption caused by war, terrorism and other events, as well as risks arising from unexpected changes to laws, regulations and tax systems. Differences in culture and business practices may also result in labor issues and social criticism.」
War, terrorism, political disruption, changes in laws, regulations and tax systems, and cultural and labor issues at overseas sites and markets are identified as risks associated with overseas expansion.