Overseas business risks associated with expansion into Southeast Asia
First written in FY2017. 6 of 8 entries say "Restated". Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026RestatedAnnual report
「The Group established a local subsidiary in Malaysia to operate an automotive-related business and opened Autobacs and Bike World stores. The Group plans to accelerate its expansion into Southeast Asian countries in order to develop stores related to automobiles, food supermarkets, and other businesses. However, this expansion into overseas markets may involve difficulties in recruiting and retaining personnel arising from differences in religion and culture, unexpected changes in laws and regulations, and difficulties for foreign-owned companies in obtaining permits and licenses due to the protection of domestically capitalized companies. If these or other circumstances result in costs exceeding initial estimates or delays in entering the Southeast Asian market, they may affect the Group’s operating results and financial condition.」
The risks related to local subsidiaries and store operations in Malaysia and to human resources, regulations, permits and licenses, costs, and delays associated with expansion into Southeast Asia continue to be disclosed. - FY2025RestatedAnnual report
「The Group established a local subsidiary in Malaysia to operate an automotive-related business and opened Autobacs and Bike World stores. The Group plans to accelerate its expansion into Southeast Asian countries in order to develop stores related to automobiles, food supermarkets, and other businesses. However, this expansion into overseas markets may involve difficulties in recruiting and retaining personnel arising from differences in religion and culture, unexpected changes in laws and regulations, and difficulties for foreign-owned companies in obtaining permits and licenses due to the protection of domestically capitalized companies. If these or other circumstances result in costs exceeding initial estimates or delays in entering the Southeast Asian market, they may affect the Group’s operating results and financial condition.」
The risks related to local subsidiaries and store operations in Malaysia and to human resources, regulations, permits and licenses, costs, and delays associated with accelerating expansion into Southeast Asia continue to be disclosed. - FY2023RestatedAnnual report
「The Group established a local subsidiary in Malaysia to operate an automotive-related business and opened Autobacs and Bike World stores. The Group plans to accelerate its expansion into Southeast Asian countries in order to develop stores related to automobiles, food supermarkets, and other businesses. However, this expansion into overseas markets may involve difficulties in recruiting and retaining personnel arising from differences in religion and culture, unexpected changes in laws and regulations, and difficulties for foreign-owned companies in obtaining permits and licenses due to the protection of domestically capitalized companies. If these or other circumstances result in costs exceeding initial estimates or delays in entering the Southeast Asian market, they may affect the Group’s operating results and financial condition.」
While highlighting local subsidiaries and store operations in Malaysia, the risks related to human resources, regulations, permits and licenses, costs, and delays associated with expansion into Southeast Asia continue to be disclosed. - FY2022RestatedAnnual report
「The Group established a local subsidiary in Malaysia to operate Autobacs and other automotive-related businesses, and opened Autobacs and Bike World stores. The Group plans to accelerate its expansion into Southeast Asian countries in order to develop stores related to automobiles, food supermarkets, and other businesses. However, this expansion into overseas markets may involve difficulties in recruiting and retaining personnel arising from differences in religion and culture, unexpected changes in laws and regulations, and difficulties for foreign-owned companies in obtaining permits and licenses due to the protection of domestically capitalized companies. If these or other circumstances result in costs exceeding initial estimates or delays in entering the Southeast Asian market, they may affect the Group’s operating results and financial condition.」
While highlighting local subsidiaries and store operations in Malaysia, the risks related to human resources, regulations, permits and licenses, costs, and delays associated with accelerating expansion into Southeast Asian countries continue to be disclosed. - FY2021RestatedAnnual report
「The group established local companies in Malaysia and Thailand to operate AutoBacs and automotive-related businesses, and opened AutoBacs and Bike World stores. It plans to accelerate expansion into Southeast Asian countries to develop automotive-related and food-supermarket stores and other formats. However, expansion into these overseas markets may involve difficulties in recruiting and retaining personnel arising from religious and cultural differences, unexpected changes in laws and regulations, and difficulties in obtaining licenses and permits for foreign-owned companies arising from protections for domestically capitalized companies. If expansion into Southeast Asian markets results in cost increases exceeding initial projections or delays in the launch schedule, the group’s operating results and financial position may be affected.」
While highlighting the track record of local subsidiaries and store operations in Malaysia and Thailand, the risks related to human resources, regulations, permits and licenses, costs, and delays associated with accelerating expansion into Southeast Asian countries continue to be disclosed. - FY2020RestatedAnnual report
「The group established local companies in Malaysia and Thailand to operate AutoBacs and automotive-related businesses, and opened AutoBacs and Bike World stores. It plans to accelerate expansion into Southeast Asian countries to develop automotive-related and food-supermarket stores and other formats. However, expansion into these overseas markets may involve difficulties in recruiting and retaining personnel arising from religious and cultural differences, unexpected changes in laws and regulations, and difficulties in obtaining licenses and permits for foreign-owned companies arising from protections for domestically capitalized companies. If expansion into Southeast Asian markets results in cost increases exceeding initial projections or delays in the launch schedule, the group’s operating results and financial position may be affected.」
While highlighting the track record of local subsidiaries and store operations in Malaysia and Thailand, the risks related to human resources, regulations, permits and licenses, costs, and delays associated with accelerating expansion into Southeast Asian countries continue to be disclosed. - FY2018WorsenedAnnual report
「The company plans to accelerate expansion into Southeast Asian countries to develop automotive-related and food-supermarket stores. However, expansion into these overseas markets may involve difficulties in recruiting and retaining personnel arising from religious and cultural differences, unexpected changes in laws and regulations, and difficulties in obtaining licenses and permits for foreign-owned companies arising from protections for domestically capitalized companies. If expansion into Southeast Asian markets results in cost increases exceeding initial projections or delays in the launch schedule, the group’s operating results and financial position may be affected.」
The company plans to accelerate expansion into Southeast Asian countries and discloses the associated risks involving personnel, regulations, licensing and permits, costs and delays. - FY2017First statedAnnual report
「Expansion into these overseas markets may involve difficulties in recruiting and retaining personnel arising from religious and cultural differences, unexpected changes in laws and regulations, and difficulties in obtaining licenses and permits for foreign-owned companies arising from protections for domestically capitalized companies. If expansion into Southeast Asian markets results in cost increases exceeding initial projections or delays in the launch schedule, the group’s operating results and financial position may be affected.」
The company lists personnel recruitment and retention, changes in laws and regulations, licensing and permitting, cost increases and delays in expansion into Southeast Asia as specific risks.