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Shirai Electronics Industrial (6658) · RiskRestated

Operating Risks in Overseas Businesses Centered on China and Hong Kong

First written in FY2018. 10 of 12 entries say "Restated". Latest entry: FY2026.

12entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2018 – FY2020ReframedFY2022RestatedFY2024 – FY20262018: 320182019: 420192020: 220202021: 020212022: 120222023: 020232024: 120242025: 020252026: 12026
Same theme, other companies
Comprehensive Country Risk Associated with Operations of Chinese SubsidiariesA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 3 of 6 companies on the "Worse" side.

4 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「In addition to Japan, the Group conducts business through manufacturing and sales bases primarily in East Asia. It also outsources the manufacture of certain products to contractors with production bases in China and elsewhere.」

    The company continues to describe the operating risks of its overseas businesses associated with reliance on manufacturing and sales bases in East Asia and contractors in China and elsewhere.
  2. FY2024RestatedAnnual report

    「In addition to Japan, the Group conducts business through manufacturing and sales bases primarily in East Asia. It also outsources the manufacture of certain products to contractors with production bases in China and elsewhere.」

    The company continues to describe the overseas business risks associated with reliance on manufacturing and sales bases in East Asia and contractors in China and elsewhere.
  3. FY2022ReframedAnnual report

    「In addition to Japan, the Group conducts business through manufacturing and sales bases primarily in East Asia. It also outsources the manufacture of certain products to contractors with production bases in China. These overseas operations entail inherent risks, including unexpected changes in laws or regulations, adverse political or economic factors, difficulty recruiting and retaining personnel, sharp increases in labor costs, foreign exchange fluctuations, and social disruption caused by terrorism, war and other factors,」

    The scope of the description has expanded from the previous focus on the concentration of bases in China and Hong Kong to risks relating to bases and contractors across East Asia, with war and social disruption also listed.
  4. FY2020RestatedAnnual report

    「The Group's overseas businesses are based on production and sales activities in China and Hong Kong, which are important operating bases, and on maintaining good relationships with contract manufacturers and subcontractors with production bases in China. Accordingly, the following risks are inherent in these businesses.」

    The company continues to describe the overseas business risks associated with concentrating operating bases in China and Hong Kong and depending on contract manufacturers and subcontractors in China.
  5. FY2020-Q3RestatedAnnual report

    「During the nine months ended December 31, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  6. FY2020-Q2RestatedAnnual report

    「During the cumulative second quarter of the consolidated fiscal year, there were no new business or other risks and no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  7. FY2020-Q1RestatedAnnual report

    「During the cumulative period of the first quarter of the consolidated 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 states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  8. FY2019RestatedAnnual report

    「The Group's overseas businesses are based on production and sales activities in China and Hong Kong, which are important operating bases, and on maintaining good relationships with contract manufacturers and subcontractors with production bases in China. Accordingly, the following risks are inherent in these businesses.」

    The company also describes the overseas business risks associated with concentrating production and sales bases in China and Hong Kong and depending on contract manufacturers and subcontractors in China in its full-year report.
  9. FY2019-Q3RestatedAnnual report

    「During the nine months ended December 31, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    The company states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  10. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter of the consolidated fiscal year, there were no new business or other risks and no material changes to the business and other risks described in the securities report for the previous fiscal year.」

    The company states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  11. FY2019-Q1RestatedAnnual report

    「During the cumulative period of the first quarter of the consolidated 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 states that there have been no material changes in the operating risks of its overseas businesses, primarily in China and Hong Kong.
  12. FY2018First statedAnnual report

    「The Group's overseas businesses are based on production and sales activities in China and Hong Kong, which are important operating bases, and on maintaining good relationships with contract manufacturers and subcontractors with production bases in China. Accordingly, the following risks are inherent in these businesses.」

    Against the backdrop of the concentration of operating bases in China and Hong Kong and dependence on contract manufacturers and subcontractors in China, the company lists overseas business risks relating to political conditions, laws and regulations, infrastructure, contractors' policies and labor costs, among others.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
Shirai Electronics Industrial's next results are scheduled for 2026-11-06. Read the earnings preview
News
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Operating Risks in Overseas Businesses Centered on China and Hong Kong | Shirai Electronics Industrial Co.,Ltd. (6658) | Komori