Risks relating to regulations, human resources, labor relations and political conditions in overseas operations
First written in FY2017. 9 of 11 entries say "Restated". Latest entry: FY2025.
Ntn moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2018: 4 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「Overseas operations entail the following risks: ① risks arising from unforeseen changes between countries or in the tax systems of individual countries; ② risks arising from unforeseen changes in international trade policies, including U.S. trade policy; ③ risks arising from unforeseen changes in the laws and regulations of individual countries; ④ difficulty securing human resources; ⑤ immature technology levels and unstable labor relations in emerging countries; and ⑥ political instability in individual countries.」
Adds unforeseen changes in international trade policies, including U.S. trade policy, to the list of overseas business risks. - FY2021RestatedAnnual report
「The Group operates globally, and overseas sales account for more than 50% of consolidated net sales. Overseas operations entail the following risks.」
Continues to describe overseas business risks, including the tax systems and regulations of individual countries, securing human resources, technology levels, labor relations and political instability. - FY2021-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2020-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2019-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2018-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
States that there have been no material changes to the risks relating to regulations, human resources, labor relations and political conditions in overseas operations. - FY2017First statedAnnual report
「The Group operates globally, and overseas sales account for more than 50% of consolidated net sales. Overseas operations entail the following risks: ① risks arising from unforeseen changes between countries or in the tax systems of individual countries; ② risks arising from unforeseen changes in the laws and regulations of individual countries; ③ difficulty securing human resources; ④ immature technology levels and unstable labor relations in emerging countries; and ⑤ political instability in emerging countries.」
For its global business, in which overseas sales account for more than 50% of total sales, lists tax systems and regulations, securing human resources, technology levels, labor relations and political instability as risks.