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Shimadzu (7701) · RiskFirst stated

International Tax Risks, Including Transfer Pricing

First written in FY2020. . Latest entry: FY2020.

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Same theme, other companies
Risk of additional taxation arising from international tax and transfer-pricing rulesA theme 32 companies write about · 34 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2018: 3 of 12 companies on the "Worse" side.

5 other companies' latest entry also says "First stated".

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Showing 14 of the 32 companies compared. The sentences above are computed from all 32.
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  1. FY2020First statedAnnual report

    「Because Group companies also transact with one another, international tax risks, including transfer pricing risks, arise. Although we pay taxes appropriately in accordance with the tax laws of each country and exercise the utmost care regarding international tax risks, unexpected tax liabilities could arise from changes in tax systems or differences of opinion with tax authorities, potentially affecting the Group’s operating results and financial position.」

    First explicit disclosure of the risks of transfer pricing, changes in national tax systems, and differences of opinion with tax authorities arising from global intercompany transactions.
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International Tax Risks, Including Transfer Pricing | Shimadzu Corporation (7701) | Komori