Risks associated with the management policies and changing business environments of overseas joint ventures
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2018: 2 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「At the execution stage, we thoroughly verify the strategic necessity, profitability and financial soundness of each project in advance, and make decisions after deliberation by the Management Strategy Meeting and the Board of Directors.」
The response to risks associated with joint ventures and alliances has been specified as advance verification of necessity, profitability and financial soundness, together with monitoring progress toward synergies after execution. - FY2020RestatedAnnual report
「These joint ventures may be affected by the management policies of their joint-venture partners and changes in the business environment, which could adversely affect our group’s business, financial position and operating results.」
The risks arising from the management policies and changing business environments of overseas joint-venture partners continue to be disclosed. - FY2019RestatedAnnual report
「These joint ventures may be affected by the management policies of their joint-venture partners and changes in the business environment, which could adversely affect our group’s business, financial position and operating results.」
The risks arising from the management policies and changing business environments of overseas joint-venture partners continue to be disclosed. - FY2016First statedAnnual report
「These joint ventures may be affected by the management policies of their joint-venture partners and changes in the business environment, which could adversely affect our group’s business, financial position and operating results.」
The group discloses risks arising from joint-venture partners in businesses conducted as joint ventures pursuant to the laws and regulations of various countries.