Geopolitical and regulatory risks associated with overseas business activities
First written in FY2016. 24 of 33 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 49 of 95 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The direct impact on the Company of the situation in the Middle East and Ukraine and U.S. tariff policy is limited at present, but changes in the global situation may affect the business results and other aspects of the Company's group.」
Although the direct impact of geopolitical and trade risks, including the situation in the Middle East and Ukraine and U.S. tariff policy, is considered limited, these risks continue to be recognized. - FY2026-H1MaterialisedAnnual report
「During the interim consolidated accounting period, the global economy became increasingly uncertain because of the widening impact of U.S. trade policy as the pace of U.S. economic expansion moderated.」
U.S. trade policy, which was identified as a risk in the previous fiscal year, has emerged in the actual business environment as a factor contributing to uncertainty over the outlook for the global economy. - FY2025Added U.S. tariff policyAnnual report
「Changes in the global situation, including the situation in the Middle East and Ukraine and U.S. tariff policy」
In addition to the existing situation in the Middle East and Ukraine, U.S. tariff policy was specified as a risk item arising from changes in the global situation. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2024Middle East conditions added to the risk disclosuresAnnual report
「If COVID-19 spreads again and takes a long time to subside, it may have a substantial impact on the Group's management. Although the direct impact of conditions in the Middle East and Ukraine on the Group is currently limited, changes in the global situation may affect the Group's performance and other aspects.」
In addition to the existing overseas and geopolitical risks, the situation in the Middle East was specified, and the potential impact of changes in the global situation was described. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2023MaterialisedAnnual report
「If COVID-19 spreads again and takes a long time to subside, it may have a substantial impact on the Group's management. Although the direct impact of the situation in Ukraine on the Group is currently limited, changes in the global situation may affect the Group's performance and other aspects.」
The situation in Ukraine actually emerged in the business environment as a factor slowing the global economy through higher resource prices, inflation and monetary tightening. - FY2023-Q3MaterialisedAnnual report
「During the first nine months of the current fiscal year, the pace of economic recovery slowed as inflation advanced and policy interest rates were raised in countries around the world, while the outlook remained uncertain partly due to the impact of changes in China's COVID-19 policies.」
Changes in China's COVID-19 policies actually emerged in the business environment as a factor increasing uncertainty about the outlook for the global economy. - FY2023-Q2MaterialisedAnnual report
「During the first six months of the current fiscal year, the global economy faced increasing uncertainty about the outlook as inflation continued to advance and policy interest rates, led by the United States, continued to rise, while the impact of China's continued zero-COVID policy also contributed.」
China's continued zero-COVID policy has continued to emerge in the actual business environment as a factor increasing uncertainty about the outlook for the global economy. - FY2023-Q1MaterialisedAnnual report
「During the first quarter of the current fiscal year, the global economy saw its recovery slow due to higher resource prices associated with the situation in Ukraine and the impact of lockdowns in China, among other factors. Uncertainty about the outlook also increased amid rising inflation.」
Lockdowns in China actually emerged as a factor slowing the recovery of the global economy. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No new developments or material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2019RestatedAnnual report
「In addition to operating a joint venture in China, the Group imports important raw materials, products and other items from India, Sri Lanka, Vietnam, Brazil and other countries. Unexpected changes in laws, regulations or tax systems, as well as social and political unrest caused by terrorism, war and other factors, which are generally associated with overseas business, may affect the Group's performance and financial condition.」
Overseas business risks associated with the joint venture in China and imports from multiple countries continue. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2018RestatedAnnual report
「In addition to operating a joint venture in China, the Group imports important raw materials, products and other items from India, Sri Lanka, Vietnam, Brazil, Malaysia and other countries. Unexpected changes in laws, regulations or tax systems, as well as social and political unrest caused by terrorism, war and other factors, which are generally associated with overseas business, may affect the Group's performance and financial condition.」
Overseas business risks associated with the joint venture in China and imports from multiple countries continue. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2017Vietnam added to the countries of origin for importsAnnual report
「In addition to operating a joint venture in China, the Group imports important raw materials, products and other items from India, Sri Lanka, Vietnam, Brazil, Malaysia and other countries. Unexpected changes in laws, regulations or tax systems, as well as social and political unrest caused by terrorism, war and other factors, which are generally associated with overseas business, may affect the Group's performance and financial condition.」
The explanation of overseas business risks continues, with Vietnam explicitly identified as a source country for imports. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter under review, 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.」
No material changes were identified regarding geopolitical and regulatory risks associated with overseas business activities. - FY2016First statedAnnual report
「In addition to operating a joint venture in China, the Group imports important raw materials, products and other items from India, Sri Lanka, Brazil, Malaysia and other countries. Unexpected changes in laws, regulations or tax systems, as well as social and political unrest caused by terrorism, war and other factors, which are generally associated with overseas business, may affect the Group's performance and financial condition.」
Overseas risks related to the joint venture in China and imports from multiple countries.