Legal, Social, and Foreign-Exchange Risks Associated with Overseas Operations
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2022-Q2.
Vt Holdings moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
73 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「Overseas, the European subsidiaries had been affected by lockdowns and other measures, but during the cumulative second quarter of the current fiscal year, there were also signs of a rebound following the lifting of the measures.」
The impact of lockdowns on the European subsidiaries and the rebound following the lifting of the measures are being reconfirmed. - FY2022-Q1MitigatedAnnual report
「Overseas, the European subsidiaries had been affected by lockdowns and other measures, but during the cumulative first quarter of the current fiscal year, there were also signs of a rebound following the lifting of the measures.」
While the European subsidiaries continued to be affected by lockdowns and other measures, a rebound following their lifting was observed, and the sales environment for the overseas business improved somewhat from the previous fiscal year. - FY2021RestatedAnnual report
「In overseas markets, mainly the European subsidiaries were forced to temporarily close stores due to lockdowns and other measures, resulting in a suspension of business activity.」
In the overseas business, particularly at the European subsidiaries, temporary store closures and disruptions to business activity due to lockdowns and other measures continued during the fiscal year. - FY2021-Q3RestatedAnnual report
「In overseas markets, mainly the European subsidiaries were forced to temporarily close stores due to lockdowns and other measures, resulting in a suspension of business activity.」
In the overseas business, temporary store closures and disruptions to business activity due to lockdowns and other measures continued, mainly at the European subsidiaries. - FY2021-Q2RestatedAnnual report
「In overseas markets, mainly the European subsidiaries were forced to temporarily close stores due to lockdowns and other measures, resulting in a suspension of business activity.」
In the overseas business, temporary store closures and disruptions to business activity due to lockdowns and other measures continued, mainly at the European subsidiaries. - FY2020MaterialisedAnnual report
「Overseas operations remained difficult as European subsidiaries were affected primarily by WLTP from the second half of the previous fiscal year and used-car purchases were deferred in the United Kingdom ahead of Brexit. In addition, in the fourth quarter, the spread of the novel coronavirus forced a rapid reduction in business activity, including store closures based on lockdowns and other measures.」
In overseas operations, in addition to WLTP and deferred purchases ahead of Brexit in the United Kingdom, lockdowns and store closures caused by the novel coronavirus actually occurred, resulting in a rapid reduction in business activity. - FY2020-Q2MaterialisedAnnual report
「Overseas, the group’s European subsidiaries were primarily affected by WLTP from the second half of the previous fiscal year, while in the United Kingdom there was a tendency to defer used-car purchases ahead of Brexit. Conditions remained difficult recently, although a recovery trend had begun.」
For overseas operations, risks relating to legal and regulatory systems and social conditions have materialized in the form of the impact of WLTP on European subsidiaries and deferred used-car purchases in the United Kingdom ahead of Brexit. - FY2017First statedAnnual report
「We recognize that expanding our business overseas entails new risks different from those associated with domestic operations, including the need to address laws and systems specific to each country, social conditions, foreign-exchange rates and customs that differ from those in Japan.」
The Company has comprehensively described the new risks associated with operations in Europe, Australia, South Africa and other markets, including legal and regulatory systems, social conditions, customs and foreign-exchange risks that differ from those in Japan.