Procurement Risks Arising from Political and Economic Conditions at Overseas Suppliers
First written in FY2016. 5 of 8 entries say "Restated". Latest entry: FY2026.
Advan Group moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2024: 4 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「If disruption to maritime transport on major routes, including the Strait of Hormuz, caused by heightened geopolitical risks in the Middle East, prolonged transport times resulting from diversions to alternative routes, sharp increases in ocean freight rates, container shortages and other factors cause prolonged disruption to the global supply chain, this could affect our group's performance with respect to sourcing products from overseas.」
In addition to the political and economic conditions of overseas suppliers and infectious disease risks previously disclosed, the company identifies the situation in the Middle East, disruption on major routes, alternative routes, surging ocean freight rates and container shortages as specific sourcing risks. - FY2025RestatedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, or if a global infectious disease such as the recent spread of COVID-19 causes prolonged disruption to the movement of people and logistics, this could affect our group's performance with respect to sourcing products from overseas.」
The company continues to disclose sourcing risks arising from the political and economic conditions in countries where its overseas suppliers are located, as well as disruption to the movement of people and logistics caused by infectious diseases and other factors. - FY2024RestatedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, or if a global infectious disease such as the recent spread of COVID-19 causes prolonged disruption to the movement of people and logistics, this could affect our group's performance with respect to sourcing products from overseas.」
The company continues to disclose sourcing risks arising from the political and economic conditions in countries where its overseas suppliers are located, as well as disruption to the movement of people and logistics caused by global infectious diseases. - FY2023RestatedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, or if a global infectious disease such as the recent spread of COVID-19 causes prolonged disruption to the movement of people and logistics, this could affect our group's performance with respect to sourcing products from overseas.」
The company continues to disclose sourcing risks arising from the political and economic conditions in countries where its overseas suppliers are located, as well as disruption to the movement of people and logistics caused by global infectious diseases. - FY2020WorsenedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, or if a global infectious disease such as the recent spread of COVID-19 causes prolonged disruption to the movement of people and logistics, this could affect our group's performance with respect to sourcing products from overseas.」
The company has added prolonged disruption to the movement of people and logistics caused by a global infectious disease to the existing political and economic conditions risk as a sourcing risk. - FY2018RestatedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, this could affect the performance of our group.」
The company continues to disclose sourcing risks arising from the political and economic conditions in countries where its major overseas suppliers are located. - FY2017RestatedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, this could affect the performance of our group.」
The company continues to disclose sourcing risks arising from the political and economic conditions in countries where its overseas suppliers are located. - FY2016First statedAnnual report
「If the countries where our major overseas suppliers are located remain politically or economically unstable for an extended period, this could affect the performance of our group.」
The company identifies political and economic instability associated with its reliance on overseas manufacturers for sourcing as a risk.