Risks from laws, regulations and social conditions in countries where overseas partners are located
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2024.
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- FY2024WorsenedAnnual report
「However, if a natural disaster, accident, geopolitical issue, sudden political instability such as war, civil war, conflict, riot or terrorism, or an unexpected change in laws or regulations occurs in the region where the partner is located, or if the partner becomes insolvent for any reason, this could affect the supply of components and products.」
In addition to conventional legal, regulatory and geopolitical risks, specific risk factors relating to the countries where overseas partners and business counterparties are located have been identified, including war, civil war, conflict, riots, terrorism and partner insolvency. - FY2023ReframedAnnual report
「Unexpected changes in laws or regulations or geopolitical tensions in countries where overseas partners are located could adversely affect the Group's financial condition, results of operations and other aspects of its business.」
In addition to conventional risks from changes in laws and regulations, geopolitical tensions in countries where overseas partners are located have been added as an explicit risk factor. - FY2022RestatedAnnual report
「Unexpected changes in laws or regulations in countries where overseas partners are located could adversely affect the Group's financial condition, results of operations and other aspects of its business.」
The impact of changes in the laws and regulations of countries where overseas partners are located on supply and business operations continues to be identified as a risk. - FY2018First statedAnnual report
「Unexpected changes in laws or regulations in countries where overseas partners are located could adversely affect the Group's financial condition, results of operations and other aspects of its business.」
Against a backdrop of dependence on overseas partners for production and supply, changes in the laws and regulations of the countries where they are located are identified as a risk.