Impact of international instability on overseas operations
First written in FY2017. 4 of 8 entries say "Worsened", first in FY2022. Latest entry: 2026-05-12.
Aiphone moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 52 of 104 companies on the "Worse" side.
15 other companies' latest entry also says "Materialised".
- FY2025WorsenedAnnual report
「If the United States raises tariffs, operating results and other aspects of performance could be affected.」
The Company newly identifies the impact of higher U.S. tariffs on operating results as an international risk. U.S. political developments, the downturn in China's property market and the situation in the Middle East are also described as sources of uncertainty. - FY2024-Q3WorsenedAnnual report
「Geopolitical risks have increased, including due to the deteriorating situation in the Middle East, and uncertainty about the outlook has continued.」
Regarding international risks affecting overseas operations, the Company describes the deteriorating situation in the Middle East in addition to the existing situation in Ukraine and other factors. - FY2022WorsenedAnnual report
「Economic activity overseas was moving toward normalization, partly because restrictions on activities were eased, particularly in the United States and Europe. However, uncertainty remained due to the situation in Ukraine, a sharp rise in resource prices, global component shortages and other factors.」
Regarding the overseas business environment, the Company explicitly identifies the situation in Ukraine and the sharp rise in resource prices in addition to the existing risks related to political and economic conditions. - FY2020RestatedAnnual report
「The Group operates in various locations overseas and collects information from its subsidiaries and business partners. However, if unexpected wars, terrorist attacks or other events occur, or if political and economic developments in individual countries change, operating results and other aspects of performance could be affected.」
The Company reiterates the risks of political and economic conditions, wars and terrorism relating to its overseas operations, along with its response through information gathering. - FY2018RestatedAnnual report
「Political and economic developments in each country, as well as wars, terrorist attacks and other events, could affect operating results and other aspects of performance.」
The Company reiterates the risks of political and economic conditions, wars and terrorism relating to its overseas operations. - FY2017First statedAnnual report
「The Company and its consolidated subsidiaries operate in various locations overseas, and political and economic developments in each country, as well as wars, terrorist attacks and other events, could affect operating results and other aspects of performance.」
The Company describes political and economic developments, wars and terrorism in overseas countries as external risks to its overseas operations.