Risks Associated with Overseas Operations, Including Legal and Regulatory, Political and Economic, Personnel, and Foreign Exchange Risks
First written in FY2016. 14 of 25 entries say "Restated". Latest entry: 2026-07-31.
As One moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
23 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Indeed, the military conflict between the United States and Iran that began in late February 2026 has made global sourcing of plastic and synthetic rubber products made from naphtha unstable due to Iran's blockade of the Strait of Hormuz.」
The disclosure stated that changes in the international situation had actually resulted in unstable sourcing of plastic and synthetic rubber products. - FY2025Update to overseas sales and direct overseas sourcing ratiosAnnual report
「Overseas sales by the Group account for approximately 5.4% of consolidated net sales, with sales to the United States accounting for less than 1.0%. Products directly sourced from overseas account for approximately 17.1% of the Company's standalone net sales. By country, China accounts for 5.5%, Malaysia 3.6% and Taiwan 1.5%, with the remainder diversified across more than 30 other countries and regions to reduce risk.」
The disclosure reported overseas sales of 5.4%, direct overseas sourcing of 17.1% and China at 5.5%, among other figures, and maintained its policy of regional diversification. - FY2024Regional differences in overseas business performanceAnnual report
「In China, sales declined 1.9% due to economic stagnation despite efforts to enhance the lineup and promote Japanese-made biotechnology-related equipment. Sales declined 4.2% in local-currency terms. Meanwhile, for exports from Japan to overseas markets excluding China, enhanced listing information and multilingual content on AXEL_GLOBAL increased the number of incoming customers, while sales activities increased the number of distributors in each country that stocked and sold the company's products. As a result, exports overseas increased 17.5%.」
Sales in China decreased 4.2% on a local-currency basis, while sales to countries other than China increased 17.5%. Overseas sales accounted for 5.3% and products directly sourced from overseas accounted for 18.5%, with continued diversification by country. - FY2024-Q2WorsenedAnnual report
「During the first six months of the fiscal year, Japan's economy saw signs of a recovery in personal consumption and capital investment as economic activity resumed, supported by progress in wage increases, particularly at large companies, and the change in the legal classification of COVID-19. Meanwhile, the yen continued to weaken and the Chinese economy showed signs of deterioration. The outlook remains uncertain due to interest rate trends and geopolitical risks, among other factors.」
The external factors affecting the overseas business were newly specified as the continued weakening of the yen, deterioration in the Chinese economy, interest rate trends and geopolitical risks. - FY2023MitigatedAnnual report
「Overseas sales by the Group account for approximately 5.3% of consolidated net sales. Products directly sourced from overseas account for approximately 19.7% of the Company's standalone net sales. By country, China accounts for 5.7%, Malaysia 4.1% and Taiwan 2.4%, with the remainder diversified across more than 30 other countries and regions to reduce risk.」
The disclosure quantified overseas sales, direct overseas sourcing and the country breakdown, and described risk reduction through diversification across China, Malaysia, Taiwan and more than 30 other countries and regions. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risks associated with overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the risks associated with overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2022-Q3WorsenedAnnual report
「While progress in COVID-19 vaccinations raised expectations for an economic recovery, concerns remained over repeated waves of variant infections, global supply constraints caused by semiconductor shortages and higher resource prices, and cost-push inflation, and conditions remained volatile.」
In addition to the existing risks associated with overseas operations and supply chains, the disclosure cited concerns over repeated waves of variant infections, higher resource prices, global supply constraints and cost-push inflation. - FY2022-Q2MaterialisedAnnual report
「In addition to repeated declarations of a state of emergency due to the spread of the Delta variant, semiconductor shortages and supply chain disruptions caused by the spread of infections in Southeast Asia led to production restrictions and other measures in the manufacturing sector, and conditions remained volatile.」
Disruptions to supply chains, including overseas supply chains, materialized as production restrictions in the manufacturing sector against a backdrop of semiconductor shortages and the spread of infections in Southeast Asia. - FY2021WorsenedAnnual report
「Meanwhile, the trend toward protectionist economic blocs and the outbreak of the COVID-19 pandemic highlighted the risk of disruptions to global supply chains, and momentum has also grown toward bringing operations back to Japan.」
In addition to the existing risks associated with overseas operations, the disclosure specifically identified disruptions to global supply chains caused by protectionism and the pandemic, as well as the trend toward bringing operations back to Japan. - FY2020-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2019-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2019-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2019-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2018RestatedAnnual report
「The Group sources and sells products in more than 30 countries and regions worldwide. It has also established local subsidiaries in China and the United States and conducts business there. The following risks are inherent in this overseas expansion.」
The Group continues to face regulatory, political and economic, personnel, infrastructure, foreign exchange and social disruption risks associated with overseas sourcing and sales and its local subsidiaries in China and the United States. - FY2018-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2018-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2018-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2017RestatedAnnual report
「The Group sources and sells products in more than 30 countries and regions worldwide. It has also established local subsidiaries in China and the United States and conducts business there. The following risks are inherent in this overseas expansion.」
The Group continues to face regulatory, political and economic, personnel, infrastructure, foreign exchange and social disruption risks in its sourcing and sales regions and in connection with its local subsidiaries in China and the United States. - FY2017-Q3RestatedAnnual report
「During the cumulative consolidated period of the third quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2017-Q2RestatedAnnual report
「During the cumulative consolidated period of the second quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2017-Q1RestatedAnnual report
「During the cumulative consolidated period of the first quarter, there were no material changes in unusual fluctuations, etc., in financial position, operating results or cash flows, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The Company has confirmed that there have been no material changes in the risks associated with its overseas operations, including regulatory, political and economic, personnel and foreign exchange risks. - FY2016First statedAnnual report
「The following risks are inherent in these overseas business operations: ① Unexpected changes in laws or regulations ② Unexpected adverse political or economic factors ③ Difficulty recruiting and retaining personnel ④ Underdeveloped technical infrastructure, which could reduce customer support for our group's products and services ⑤ Foreign exchange fluctuations ⑥ Social disruption caused by terrorism, war or other factors」
The company lists multiple overseas risks related to procurement in China and Southeast Asia and sales by its Chinese subsidiary.