Komori
Mikuni (7247) · RiskRestated

Risks at Overseas Locations, Including Natural Disasters, Regulation, Geopolitics and Intellectual Property

First written in FY2017. 4 of 7 entries say "Materialised", first in FY2021-Q2. Latest entry: FY2025.

7entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2017MaterialisedFY2020 – FY2023-Q32017: 120172018: 020182019: 020192020: 220202021: 120212022: 120222023: 120232024: 020242025: 12025
Same theme, other companies

Mikuni 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: 49 of 100 companies on the "Worse" side.

53 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 150 companies compared. The sentences above are computed from all 150.
Full recordFilings, disclosures and news, newest first
  1. FY2025RestatedAnnual report

    「Various risks may arise in the countries and regions where the Group has operations. ・Outbreak of conflicts ・Disputes arising from differences in labour environments ・Terrorist attacks, including cyberterrorism, war and fiscal collapse ・Infringement of the Group’s intellectual property rights, including through counterfeit products ・Unexpected litigation」

    The company continues to list risks related to conflicts, labour disputes, terrorism, war, intellectual property infringement and litigation at overseas operations.
  2. FY2023-Q3MaterialisedAnnual report

    「Although economic activity was constrained in China, economic recovery continued in ASEAN and India.」

    The company states that regulatory and business continuity risks related to overseas operations and businesses are having an actual impact in the form of constrained economic activity in China.
  3. FY2023-Q2MaterialisedAnnual report

    「The overseas business was affected by China’s zero-COVID policy.」

    Infectious disease, regulatory and business continuity risks related to overseas operations and businesses are reflected in actual results as the impact of China’s zero-COVID policy.
  4. FY2021-Q3MaterialisedAnnual report

    「Production activities were also significantly affected overseas by movement restrictions and other measures.」

    Infectious disease and business continuity risks related to overseas operations are reflected in actual results as the impact of movement restrictions on production activities.
  5. FY2021-Q2MaterialisedAnnual report

    「Production activities were also significantly affected overseas by lockdowns and other measures.」

    Infectious disease and business continuity risks related to overseas operations are reflected in actual results as the impact of lockdowns on production activities.
  6. FY2020WorsenedAnnual report

    「Various risks may arise in the countries and regions where the Group has operations. ・Large-scale natural disasters, including earthquakes, floods and typhoons ・Sudden changes in laws, regulations and tax systems ・Trade friction between major trading nations ・Disputes arising from differences in labour environments ・Risks including terrorist attacks, cyberterrorism, war and fiscal collapse ・Infringement of the Group’s intellectual property rights, including through counterfeit products ・Risk of litigation under antitrust and other laws ・The spread of infectious diseases such as COVID-19」

    Trade friction and the spread of infectious diseases such as COVID-19 have been newly added to the risks associated with overseas operations, expanding the list of risk items.
  7. FY2017First statedAnnual report

    「Various risks may arise in the countries and regions where the Group has operations.」

    For overseas operations, the company lists natural disasters, changes in laws and tax regulations, labour disputes, terrorism, war, fiscal collapse, infrastructure failures, intellectual property infringement, antitrust litigation and infectious diseases.
Moved together

"Uncertainty arising from China's slowdown, Brexit and the US presidential election" moved the same way as this thread, in the same document, in 5 of its 7 moves.

555433★123456
  1. ★This thread
  2. 1Uncertainty arising from China's slowdown, Brexit and the US presidential election5×
  3. 2Financial risks arising from fluctuations in interest rates, liquidity and the securities market5×
  4. 3Impact of Fluctuations in Automotive Demand, Changes in Customer Production and Parts Supply Stoppages5×
  5. 4Improvement in non-operating income and expenses due to lower interest rates and other factors4×
  6. 5Strong Overseas Sales of Products for Four-Wheeled Vehicles3×
  7. 6Recognition of Investment Losses Related to Equity-Method Investees3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
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