Country Risks in China, Singapore and Other Markets
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The Group also operates in Asian countries including China and Singapore. In these overseas operations, various factors, including differences from Japan in political and economic conditions, laws and regulations, taxation, culture and business practices, as well as relations with Japan, may prevent the Group from developing its business as expected and may affect its results.」
Country risk associated with overseas operations in China, Singapore and other countries remains. - FY2023RestatedAnnual report
「The Group also operates in Asian countries including China and Singapore. In these overseas operations, various factors, including differences from Japan in political and economic conditions, laws and regulations, taxation, culture and business practices, as well as relations with Japan, may prevent the Group from developing its business as expected and may affect its results.」
Country risk associated with overseas operations in China, Singapore and other countries remains. - FY2022RestatedAnnual report
「Various factors, including differences from Japan in political and economic conditions, laws and regulations, taxation, culture and business practices, as well as relations with Japan, may prevent the Group from developing its business as expected and may affect its results.」
The disclosure continues to describe country risk associated with overseas operations in China, Singapore and other countries. - FY2021First statedAnnual report
「Various factors, including differences from Japan in political and economic conditions, laws and regulations, taxation, culture and business practices, as well as relations with Japan, may prevent the Group from developing its business as expected and may affect its results.」
The risk is described as having a low likelihood and medium impact.