Geopolitical Risks in Overseas Operations
First written in FY2018-Q3. 15 of 16 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 104 of 134 companies on the "Worse" side.
- FY2025RestatedAnnual report
「Meanwhile, the economic outlook is expected to remain uncertain due to the risk of an economic downturn resulting from the impact of US trade policy, the impact on personal consumption through factors such as weaker consumer sentiment resulting from continued price increases, and volatility in financial and capital markets.」
In addition to the existing factors of resource prices, foreign exchange, prices and geopolitical instability, the company identifies the impact of US trade policy on the economy and personal consumption as factors contributing to uncertainty in the external environment. - FY2024RestatedAnnual report
「Meanwhile, global resource prices continued to rise against the backdrop of monetary policy and other factors, exchange rates fluctuated sharply and prices rose, while geopolitical instability also continued, leaving the outlook uncertain.」
The company continues to identify uncertainty in the global economy resulting from resource prices, foreign exchange, prices and geopolitical instability as an external environmental risk. - FY2024-Q1RestatedAnnual report
「During the three-month period ended in the first quarter of the current consolidated fiscal year, Japan's economy remained uncertain. While socioeconomic activity was moving toward normalization as the impact of COVID-19 eased, global resource prices rose against the backdrop of monetary policy and other factors, exchange rates fluctuated sharply and prices rose, while geopolitical instability also continued.」
The company continues to identify uncertainty in the external environment, including resource prices, foreign exchange, prices and geopolitical instability. - FY2023-Q2RestatedAnnual report
「Geopolitical instability also continues, and the outlook remains uncertain.」
The company continues to identify geopolitical instability and the uncertain outlook as external environmental risks, including for its overseas business. - FY2022RestatedAnnual report
「Regarding the outlook for Japan's economy, although the impact of COVID-19 is expected to be limited even though it will still take time for the pandemic to subside, the outlook for both the Japanese and global economies is expected to remain uncertain due to soaring resource prices, exchange-rate fluctuations and continuing geopolitical instability.」
The company continues to identify uncertainty in overseas and global economic conditions, including resource prices, foreign exchange and geopolitical instability. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter of the current consolidated fiscal year, Japan's economy remained uncertain. Although the number of COVID-19 cases was declining as vaccination became more widespread, geopolitical instability continued.」
The company continues to describe the declining trend in the number of cases, geopolitical instability and the uncertain outlook. - FY2022-Q2RestatedAnnual report
「Geopolitical instability also continues, and the outlook remains uncertain.」
The company continues to identify overseas external environmental risks, including geopolitical instability. - FY2021-Q2RestatedAnnual report
「During the six-month period ended in the second quarter of the current consolidated fiscal year, Japan's economy remained uncertain, amid instability in the international situation resulting from the prolonged US-China trade tensions, as well as the stagnation of global economic activity resulting from the spread of COVID-19.」
The company continues to identify the US-China trade tensions, instability in the international situation and the stagnation of global economic activity as external environmental risks. - FY2021-Q1RestatedAnnual report
「During the three-month period ended in the first quarter of the current consolidated fiscal year, Japan's economy remained uncertain, amid instability in the international situation resulting from the prolonged US-China trade tensions, as well as the stagnation of global economic activity resulting from the spread of COVID-19.」
The company continues to identify the US-China trade tensions, instability in the international situation and the stagnation of global economic activity as external environmental risks, including for its overseas business. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended in the third quarter of the current consolidated fiscal year, Japan's economy remained uncertain, amid instability in the international situation resulting from the prolonged US-China trade tensions, as well as the stagnation of global economic activity resulting from the spread of COVID-19.」
The company continues to identify instability in the international situation resulting from the US-China trade tensions and other factors, as well as the stagnation of global economic activity, as external factors affecting its overseas business. - FY2020-Q2RestatedAnnual report
「Economic conditions in Japan and overseas remain uncertain, amid instability in the international situation, including the prolonged US-China trade tensions and the UK's withdrawal from the EU, as well as the stagnation of global economic activity resulting from the spread of COVID-19.」
The company continues to identify instability in the international situation, including the US-China trade tensions and the UK's withdrawal from the EU, as an external factor affecting its overseas business. - FY2020-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period, Japan’s economy remained on a gradual recovery trend, partly due to the effects of the government’s economic measures, although overseas the Group was affected by the emergence of geopolitical risks, among other factors.」
The recognition of geopolitical risks emerging overseas as part of the external environment continues to be disclosed. - FY2019-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period, Japan’s economy remained on a gradual recovery trend, partly due to the effects of the government’s economic measures, although overseas the Group was affected by the emergence of geopolitical risks, among other factors.」
The recognition that geopolitical risks have emerged in the overseas external environment continues to be disclosed. - FY2019-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period, Japan’s economy remained on a gradual recovery trend, partly due to the effects of the government’s economic measures, although overseas the Group was affected by the emergence of geopolitical risks, among other factors.」
The recognition that geopolitical risks have emerged overseas continues to be disclosed in the quarterly report. - FY2018RestatedAnnual report
「However, unforeseen changes in local economic conditions, deterioration in political relations with Japan, deficiencies in the internal control systems of overseas subsidiaries or other such events could adversely affect the Group’s financial condition and operating results.」
Geopolitical risks continue to be disclosed as overseas business risks, including local economic conditions, political relations with Japan and political instability. - FY2018-Q3First statedAnnual report
「Overseas, the Group was affected by the emergence of geopolitical risks, among other factors.」
The emergence of geopolitical risks is identified as part of the external environment surrounding the overseas business.