Political, Regulatory and Social Disruption Risks Associated with Overseas Expansion
First written in FY2016. 16 of 29 entries say "Restated". Latest entry: FY2027-H1.
Kanemitsu moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 52 of 104 companies on the "Worse" side.
41 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「The global economy during the interim consolidated accounting period remained uncertain, amid risks including protracted regional conflicts and rapidly expanding cyberattacks.」
Regarding the external environment for its overseas businesses, the company states that regional conflicts remain protracted and that conditions continue to be uncertain. - FY2026-H1RestatedAnnual report
「The global economy was on a growth trend during the current interim consolidated fiscal period, but faces risks including US tariffs and regional conflicts.」
The Company states that risks including US tariffs and regional conflicts continue to exist in the external environment affecting its overseas business. - FY2025WorsenedAnnual report
「The global economy has maintained solid growth during the current consolidated fiscal year, but uncertainty about the outlook has increased due to risks including US protectionist policies and regional conflicts.」
Regarding the external environment affecting its overseas business, the Company cites US protectionist policies and regional conflicts as new uncertainties and explains that uncertainty about the outlook has increased. - FY2025-H1RestatedAnnual report
「The global economy was on a growth trend during the current interim consolidated fiscal period, but remained at a standstill while facing risks including slowing growth and regional conflicts.」
The Company continues to identify slowing global growth and regional conflicts as risks in the external environment. - FY2024WorsenedAnnual report
「The global economy was generally on a recovery trend during the current consolidated fiscal year, but the recovery took place amid uncertainty arising from the slowdown in the Chinese economy, a renewed rise in prices, and the expansion of regional conflicts.」
The Company identifies the slowdown in the Chinese economy, a renewed rise in prices, and the expansion of regional conflicts as uncertainties in the external environment affecting its overseas business. - FY2024-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the global economy slowed moderately due to prolonged inflation and rising policy interest rates.」
The Company describes a slowdown in the global economy against a backdrop of prolonged inflation and rising policy interest rates as a risk related to overseas political and economic factors. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, uncertainty about the outlook increased due to supply chain disruptions caused by semiconductor shortages, higher resource and logistics costs, the prolonged Russia-Ukraine situation, and cost fluctuations resulting from the rapid depreciation of the yen, even as measures to address COVID-19 and economic activity progressed in parallel.」
The Company cites the prolonged Russia-Ukraine situation, supply chain disruptions, higher resource and logistics costs, and cost fluctuations caused by the weaker yen as risks related to overseas political and economic factors and social disruption, and states that uncertainty about the outlook has increased. - FY2023-Q1WorsenedAnnual report
「Meanwhile, during the cumulative first quarter of the current consolidated fiscal year, the Japanese economy faced increasing uncertainty about the outlook due to semiconductor shortages, higher resource and logistics costs, the Russia-Ukraine situation, and supply chain disruptions, even as measures to control COVID-19 and the resumption of economic and social activity progressed in parallel.」
The Company reaffirms the increasing uncertainty about the outlook resulting from the Russia-Ukraine situation and supply chain disruptions as risks related to overseas political and economic factors and social disruption. - FY2022WorsenedAnnual report
「Regarding the international situation surrounding Ukraine, although economic sanctions and regulations imposed by various countries are affecting business activities, the impact on the Group's operating results and financial condition is expected to be minor. The Group is taking necessary measures against various anticipated risks, including concerns about ensuring employee safety and rising raw material and logistics costs.」
For the political, economic and social disruption risks associated with overseas expansion, the Company newly specifies sanctions and regulations related to the situation in Russia and Ukraine, employee safety, and rising raw material and logistics costs. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, there were no newly arising business or other risks. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes concerning the existing political, regulatory, foreign exchange and social disruption risks associated with overseas expansion. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the 2nd quarter cumulative period. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes concerning the existing political, regulatory, foreign exchange and social disruption risks associated with overseas expansion. - FY2022-Q1RestatedAnnual report
「During the first quarter, no new business or other risks arose. There were also no significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes concerning the existing political, regulatory, foreign exchange and social disruption risks associated with overseas expansion. - FY2021WorsenedAnnual report
「e. Social disruption caused by terrorism, war, infectious diseases or other factors (delays in or suspension of materials procurement, production, sales and transportation)」
The Company has added infectious diseases to the social disruption risks associated with overseas expansion and specifies the potential impacts, including delays in or suspension of materials procurement, production and sales, and transportation. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the third-quarter cumulative consolidated period.」
No new changes are indicated concerning the existing risks associated with political factors, laws and regulations, and social disruption related to overseas expansion. - FY2020-Q3MaterialisedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Japanese economy maintained a moderate recovery trend against a backdrop of solid employment and income conditions, but the outlook remained uncertain due to declines in exports and production resulting from the slowdown in overseas economies.」
The Company states that exports and production continue to decline due to the slowdown in overseas economies, indicating the continued materialization of risks related to overseas economic factors. - FY2020-Q2MaterialisedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the Japanese economy maintained a moderate recovery trend, supported by favorable employment and income conditions, despite weakening external demand due to a slowdown in overseas economies.」
The slowdown in overseas economies and weakening external demand are described as actual economic conditions, indicating that some of the risks associated with overseas political and economic factors have materialized. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, 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.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2017-Q3MaterialisedAnnual report
「The outlook for the economy remains uncertain, with the Chinese economy slowing and exchange rates and share prices experiencing significant fluctuations due to the UK's Brexit issue and the outcome of the US presidential election.」
The Company describes a situation in which the slowdown in the Chinese economy and the UK's Brexit issue, together with the outcome of the US presidential election, caused significant fluctuations in exchange rates and share prices, reflecting overseas political and economic factors and market volatility. - 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 or other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes concerning the political, regulatory and social disruption risks associated with overseas expansion. - FY2016First statedAnnual report
「Expansion into these overseas markets entails several inherent risks, as listed below, which could have a significant impact on the Group's operating results and financial condition. a. Unexpected changes in laws or regulations b. Adverse political or economic factors c. Adverse tax effects d. Sudden foreign exchange fluctuations e. Social disruption caused by terrorism, war or other factors」
The Company lists laws and regulations, political and economic factors, taxes, foreign exchange, and terrorism, war and other factors in connection with its overseas business.