Risk of failure in strengthening overseas business expansion and deterioration in subsidiary performance
First written in FY2017. 12 of 13 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 8 of 12 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, 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 material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2021-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2020RestatedAnnual report
「To achieve further growth as a company, the group plans to expand sales of its products by establishing subsidiaries and other entities independently or through joint ventures with local corporations. However, if the group's strategy fails to produce results for any reason and the performance of its subsidiaries or other entities deteriorates, this could affect the group's performance.」
The company continues to describe its policy of expanding sales through overseas subsidiaries and other entities, as well as the risk that these efforts may fail to produce results and subsidiary performance may deteriorate. - FY2020-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2019RestatedAnnual report
「To achieve further growth as a company, the group plans to expand sales of its products by establishing subsidiaries and other entities independently or through joint ventures with local corporations. However, if the group's strategy fails to produce results for any reason and the performance of its subsidiaries or other entities deteriorates, this could affect the group's performance.」
The company continues to describe its policy of expanding sales through overseas subsidiaries and other entities, as well as the risk that these efforts may fail to produce results and subsidiary performance may deteriorate. - FY2019-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the risks or other matters described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company stated that there had been no new occurrence or material change concerning the risk of unsuccessful overseas expansion and deteriorating subsidiary performance. - FY2017First statedAnnual report
「To achieve further growth as a company, the group plans to expand sales of its products by establishing subsidiaries and other entities independently or through joint ventures with local corporations. However, if the group's strategy fails to produce results for any reason and the performance of its subsidiaries or other entities deteriorates, this could affect the group's performance.」
As a risk associated with its policy of developing overseas markets and expanding sales, the company newly explicitly stated the possibility that its initiatives may fail to produce results and that the performance of overseas subsidiaries and other entities may deteriorate.