Political and economic volatility and social unrest associated with overseas expansion
First written in FY2017. 2 of 9 entries say "Restated". Latest entry: FY2026.
Rion moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 70 of 110 companies on the "Worse" side.
2 other companies' latest entry also says "Softened".
- FY2026Decline in the overseas segment's shareAnnual report
「The overseas segment accounted for approximately 27% of sales in the current consolidated fiscal year.」
Risks such as political and economic volatility associated with overseas expansion continue, but the overseas segment's share declined from approximately 30% in the previous fiscal year to approximately 27%. - FY2026-H1RestatedAnnual report
「In overseas markets, sales in Europe and China remained sluggish, although」
The regional economic volatility risk associated with overseas expansion continues to be reflected in the business environment through the economic slowdown and weak sales in Europe and China. - FY2025WorsenedAnnual report
「The overseas segment accounted for approximately 30% of sales in the current consolidated fiscal year.」
The overseas segment's share of sales rose from approximately 25% previously to approximately 30%, expanding the scope of the political and economic volatility risks associated with overseas expansion. - FY2025-H1MaterialisedAnnual report
「In overseas markets, sales of system products increased, but sales remained sluggish due to the economic slowdown in Europe and China.」
The regional economic volatility risk associated with overseas expansion materialized in weak overseas sales of the environmental equipment business due to the economic slowdown in Europe and China. - FY2024WorsenedAnnual report
「The overseas segment accounted for approximately 25% of sales in the current consolidated fiscal year.」
While continuing to cite risks such as political and economic volatility associated with overseas expansion, the company disclosed that the overseas segment's share of sales had risen from "approximately 20%" previously to "approximately 25%." - FY2023Overseas sales ratio classified as approximately 20%Annual report
「However, because the overseas segment accounted for approximately 20% of sales in the current consolidated fiscal year, we recognize that even if the risk materializes, its impact on performance would be limited.」
While continuing to cite risks such as political and economic volatility associated with overseas expansion, the overseas segment's share of sales is now stated as "approximately 20%," versus "less than 20%" previously. - FY2020SoftenedAnnual report
「However, because the overseas segment accounted for less than 20% of sales in the current consolidated fiscal year, we recognize that even if the risk materializes, its impact on performance would be limited.」
While risks such as political and economic volatility associated with overseas expansion continue, an explanation has been added that the impact on performance would be limited because the overseas segment accounts for less than 20% of sales. - FY2019RestatedAnnual report
「The destinations for the Group's exports include countries that are politically and economically unstable. If economic changes, including exchange-rate fluctuations, or social unrest caused by terrorism, war or other events occurs in those countries, the Group's performance could be affected.」
The risks of political and economic volatility, exchange-rate fluctuations, terrorism and war in connection with overseas expansion continue to be cited. - FY2017First statedAnnual report
「The destinations for the Group's exports include countries that are politically and economically unstable. If economic changes, including exchange-rate fluctuations, or social unrest caused by terrorism, war or other events occurs in those countries, the Group's performance could be affected.」
Risks related to political and economic conditions, exchange rates, terrorism and war in export destinations have been newly identified as overseas market development expands.