High Proportion of Overseas Sales and Political, Economic and Regulatory Environments in Each Country
First written in FY2018. 4 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2024RestatedAnnual report
「This global business expansion offers many benefits, including enabling marketing activities that accurately capture market needs in each region. However, overseas sales may expose the Company to changes in the social, political, and economic conditions of national governments, transport delays, changes in local labor conditions, and laws and regulations governing labor and sales, which could affect the Company's operating results.」
The political and economic, transportation, labor, legal, and regulatory risks associated with broad overseas sales operations continue. - FY2023RestatedAnnual report
「This global business expansion offers many benefits, including enabling marketing activities that accurately capture market needs in each region. However, overseas sales may expose the Company to changes in the social, political, and economic conditions of national governments, transport delays, changes in local labor conditions, and laws and regulations governing labor and sales, which could affect the Company's operating results.」
The political and economic, transportation, labor, legal, and regulatory risks associated with broad overseas sales operations continue. - FY2021RestatedAnnual report
「This global business expansion offers many benefits, including enabling marketing activities that accurately capture market needs in each region. However, overseas sales may expose the Company to changes in the social, political, and economic conditions of national governments, transport delays, changes in local labor conditions, and laws and regulations governing labor and sales, which could affect the Company's operating results.」
The Company continues to disclose the political and economic, transportation, labor, legal, and regulatory risks associated with its broad overseas sales operations. - FY2019RestatedAnnual report
「However, overseas sales may expose the Company to changes in the social, political, and economic conditions of national governments, transport delays, changes in local labor conditions, and laws and regulations governing labor and sales, which could affect the Company's operating results.」
The Company continues to disclose the political and economic, transportation, labor, legal, and regulatory risks associated with its global business, which has a high overseas sales ratio. - FY2018First statedAnnual report
「This global business expansion offers many benefits, including enabling marketing activities that accurately capture market needs in each region. However, overseas sales may expose the Company to changes in the social, political, and economic conditions of national governments, transport delays, changes in local labor conditions, and laws and regulations governing labor and sales, which could affect the Company's operating results.」
Along with the benefits of broad overseas sales operations, the Company identified changes in political and economic conditions, transportation, labor, laws, and regulations in each country as risks.