Exposure to Overseas Sales, Geopolitical Factors, and Overseas Regulations
First written in FY2021. 7 of 17 entries say "Restated". Latest entry: FY2026.
Oxide moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 37 of 74 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Regarding geopolitical risks in the Middle East, including Israel, after comprehensively considering the impact of the situation on the Group's business and performance, during the fiscal year ended February 2026 we transferred all shares of Raicol Crystals Ltd., which has a site in Israel, along with loan receivables, and excluded the company from the scope of consolidation.」
Through the transfer of Raicol, which has operations in Israel, and its removal from the scope of consolidation, the group took steps to limit its overall geopolitical exposure to the Middle East. - FY2026WorsenedAnnual report
「More than 90% of consolidated sales during the fiscal year were overseas sales. By country, China was the largest market, followed by the United States as a major sales destination.」
The overseas sales ratio rose from more than 80% in the previous fiscal year to more than 90%, quantifying greater exposure to China and U.S. tariff policies and export-control regulations. - FY2026-H1MaterialisedAnnual report
「Raicol, a subsidiary affected by the prolonged geopolitical turmoil in the Middle East, recorded a substantial decline in profit compared with the forecast. On a consolidated basis, profit improved from the previous fiscal year but declined compared with the forecast.」
The prolonged geopolitical turmoil in the Middle East affected results through the decline in Raicol's profit, and overseas and geopolitical risks also materialized during the interim consolidated accounting period. - FY2025-H1MaterialisedAnnual report
「In the new business areas, Raicol's sales were limited by geopolitical factors and fell short of plan.」
Geopolitical factors limited Raicol's sales and affected results through the shortfall against plan. The impact of overseas and geopolitical risks materialized during the interim consolidated accounting period. - FY2025-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change in its exposure to overseas sales, geopolitical factors and foreign regulations. - FY2024WorsenedAnnual report
「More than 80% of consolidated sales during the fiscal year were overseas sales. … Concerns remain about the impact of further escalation of the conflict between Israel and Palestine, which could delay Raicol's manufacturing plans or affect our management strategy.」
Overseas sales accounted for more than 80%, and the company disclosed the potential impact of the armed conflict in the region where Raicol is located on manufacturing plans and management strategy. The risk assessment was classified as "particularly important/increasing." - FY2024-Q3WorsenedAnnual report
「Although Israel has remained politically and economically unstable since the outbreak of armed conflict on 7 October 2023, no material impact, such as on the safety of Raicol's employees or damage to its manufacturing facilities, has been reported at this time. However, concerns remain about the impact of further escalation of the conflict between Israel and Palestine, which could delay Raicol's manufacturing plans or affect our management strategy.」
Geopolitical risks associated with Raicol's site in Israel have materialized. Although no material impact on employees or facilities has been reported at this time, the company newly indicated the possibility of delays to manufacturing plans and an impact on its management strategy. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, the global economy remained in an unstable international environment due to prolonged geopolitical risks. With concerns about a possible slowdown in the economies of Europe, the United States and China, uncertainty continued amid soaring resource prices and energy costs and monetary tightening policies in various countries.」
The company reaffirmed the uncertainty arising from geopolitical risks, concerns about slowdowns in the European, U.S. and Chinese economies, soaring resource prices and energy costs, and monetary tightening policies. At the same time, it stated that the impact of the global economy on the Group was minor. - FY2023-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company stated that there had been no new occurrence or material change in its exposure to overseas sales, geopolitical factors and foreign regulations. - FY2023-Q2RestatedAnnual report
「During the six months ended June, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company stated that there had been no new occurrence or material change in its exposure to overseas sales, geopolitical factors and foreign regulations. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, both the impact of the spread of the Omicron variant and the impact of the situation in Ukraine were minor, and revenue remained strong.」
The impact of the situation in Ukraine was described as minor during the cumulative first-quarter period, and no material changes were indicated in overseas or geopolitical risks. - FY2022RestatedAnnual report
「Approximately 71% of sales during the fiscal year were overseas sales.」
Overseas sales accounted for approximately 71%, and the company maintains its assessment of and response policy toward risks related to foreign regulations and political and economic conditions. It determined that the impact of the situation in Ukraine was not material at this time. - FY2022-Q3RestatedAnnual report
「During the nine months ended September, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the prior fiscal year.」
The company stated that there had been no material changes in its exposure to overseas sales, geopolitical factors and foreign regulations. - FY2021First statedAnnual report
「Approximately 73% of sales during the fiscal year were overseas sales.」
The United States is the primary sales market, and the company expects transactions with China and other Asian countries to increase in the future, while identifying tax systems and regulations, political and economic conditions, conflicts and natural disasters as risks.