Changes in Overseas Laws and Regulations and Political and Economic Conditions
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026RestatedAnnual report
「However, if an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations. In such cases, the Group's financial condition, operating results and other aspects of its business may be materially affected.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2025RestatedAnnual report
「However, if an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations. In such cases, the Group's financial condition, operating results and other aspects of its business may be materially affected.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2024RestatedAnnual report
「However, if an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2023RestatedAnnual report
「If an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2022RestatedAnnual report
「However, if an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2021RestatedAnnual report
「If an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2020RestatedAnnual report
「However, if an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2018RestatedAnnual report
「If an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company has reconfirmed the risks of continuing or withdrawing from its overseas businesses due to overseas subsidiaries' compliance and licensing requirements, the local political and economic environment, and changes in tax systems. - FY2016First statedAnnual report
「If an event occurs overseas that violates applicable laws or regulations for any reason, the Group may be subject to penalties, including fines and revocation of licenses. In addition, changes in the local political, economic and social environment, changes in tax systems, or taxation based on transfer pricing regulations or other rules may make it difficult to continue business activities or force the Group to withdraw from its overseas operations.」
The Company identifies compliance with laws and regulations and licensing requirements at overseas subsidiaries, as well as changes in the local environment, as risks associated with its overseas expansion.