Legal, Personnel and Geopolitical Risks Associated with Overseas Expansion
First written in FY2018. 3 of 5 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2024: 11 of 19 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2022DroppedAnnual report
「As all shares of TRANZAS Asia Pacific Pte. Ltd., which was a consolidated subsidiary at the end of the previous fiscal year, were transferred on 31 March 2021, the company had no affiliates at the end of the fiscal year under review.」
The references to legal, personnel and geopolitical risks generally associated with overseas expansion have been removed from the current year's risk list, and the company now consists solely of a standalone entity with no overseas bases. - FY2021RestatedAnnual report
「Business expansion into overseas markets entails risks including unforeseen changes in laws and regulations, difficulty recruiting and retaining personnel, and geopolitical risks such as terrorism and war.」
The company continues to disclose the risks associated with overseas operations, including laws and regulations, securing personnel, and geopolitical risks. - FY2020RestatedAnnual report
「However, expansion into overseas markets entails inherent risks, including unforeseen changes in laws and regulations, difficulty recruiting and retaining personnel, and geopolitical risks such as terrorism and war.」
The company continues to cite legal and regulatory, personnel-retention, and geopolitical risks associated with overseas expansion. - FY2019RestatedAnnual report
「However, expansion into overseas markets entails inherent risks, including unforeseen changes in laws and regulations, difficulty recruiting and retaining personnel, and geopolitical risks such as terrorism and war.」
The company continues to cite legal and regulatory, personnel-retention, and geopolitical risks associated with overseas expansion. - FY2018First statedAnnual report
「However, expansion into overseas markets entails inherent risks, including unforeseen changes in laws and regulations, difficulty recruiting and retaining personnel, and geopolitical risks such as terrorism and war. If these risks materialize, they could affect the Group's business and earnings.」
The company cited legal and regulatory, personnel-retention, and terrorism- and war-related risks associated with expansion through overseas subsidiaries and branches.