Country Risk Arising from Concentration of Production Bases and Suppliers in East Asia
First written in FY2016. 10 of 20 entries say "Worsened", first in FY2018-Q1. Latest entry: FY2026.
Platz moved to the "Worse" side of this theme in 2024, 3 years after the typical company in this theme (2021).
The whole theme swung hardest in 2022: 27 of 56 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The international environment is expected to remain uncertain, given developments in US trade and monetary policy, concerns over a slowdown in the Chinese economy, fluctuations in crude oil prices and supply-chain impacts associated with heightened tensions in the Middle East, the prolonged situation in Ukraine, and volatility in exchange rates and financial and capital markets.」
In addition to the Chinese economy and the situations in Ukraine and the Middle East, the company cited US trade and monetary policy, supply chains, and volatility in the financial and capital markets as sources of uncertainty. - FY2026-H1WorsenedAnnual report
「During the current interim consolidated fiscal period, Japan's economy remained on a gradual recovery trend, supported by improvements in employment and income conditions and the effects of various policies. However, future price trends and developments surrounding US trade policy pose downside risks to the economy. In addition, the international situation remains uncertain due to volatility in financial and capital markets, concerns over US policy developments, stagnation in the Chinese economy, and the prolonged geopolitical risks related to conditions in Ukraine and the Middle East.」
In addition to the Chinese economy and conditions in Ukraine and the Middle East, which were previously identified, the company cites US trade policy, volatility in financial and capital markets, and prolonged geopolitical risks in the international situation as factors that could weigh on the economy and create uncertainty. - FY2025WorsenedAnnual report
「The company expects the international situation to remain uncertain, including due to higher resource prices, foreign exchange movements, US monetary policy, concerns over a slowdown in the Chinese economy, and geopolitical risks related to conditions in Ukraine and the Middle East.」
In addition to the risks associated with the concentration in East Asia, the company describes uncertainty arising from multiple external factors, including concerns over a slowdown in the Chinese economy, US monetary policy, and conditions in Ukraine and the Middle East. - FY2024WorsenedAnnual report
「In China, concerns have grown over further economic stagnation following the deteriorating financial condition of major real estate companies and a bankruptcy filing in the United States. In addition, Russia's invasion of Ukraine continues, and military conflict broke out between the Islamic organization Hamas and Israel in October 2023. As geopolitical risks have persisted, the company expects the international situation to remain uncertain.」
In addition to concerns over further stagnation in the Chinese economy, the company cited Russia's invasion of Ukraine and military conflict between Hamas and Israel, stating that geopolitical risks and uncertainty surrounding the international situation continue. - FY2024-Q3WorsenedAnnual report
「In addition to the ongoing Russian invasion of Ukraine, military conflict broke out between the Islamic organization Hamas and Israel in October 2023. As geopolitical risks and issues including higher raw material and crude oil prices have continued, the company expects the international situation to remain uncertain.」
In addition to the previously disclosed Russian invasion of Ukraine, the company identified the military conflict between Hamas and Israel as a new geopolitical event and stated that uncertainty surrounding the international situation continues. - FY2023RestatedAnnual report
「The Group's production sites and suppliers are concentrated in Vietnam and East Asia, centered on SHENGBANG METAL CO.,LTD., an equity-method affiliate. Country risk exists due to political and economic instability in East Asian countries and deteriorating relations between neighboring countries.」
The company continues to describe country risk associated with the concentration of production sites and suppliers in Vietnam and East Asia. - FY2023-Q3RestatedAnnual report
「In the United States and Europe, issues including geopolitical risks and higher raw material and crude oil prices resulting from Russia's invasion of Ukraine, which began in February 2022, have continued, and the company expects conditions to remain uncertain.」
Although signs of improvement were seen in China's mobility restrictions and supply constraints, the company stated that geopolitical risks associated with Russia's invasion of Ukraine and higher raw material and crude oil prices continued. - FY2022WorsenedAnnual report
「In the United States and Europe, economic activity was gradually returning to normal after the peak of the COVID-19 pandemic had passed. However, Russia's invasion of Ukraine, which began in February 2022, created new issues, including geopolitical risks and higher raw material and crude oil prices.」
In addition to the conventional country risk centered on East Asia, the company identifies geopolitical risks arising from Russia's invasion of Ukraine and higher raw material and crude oil prices as new issues. - FY2020-Q1RestatedAnnual report
「In addition, in Europe, political instability has increased as countries have shifted to the right, while the issue of the UK's withdrawal from the EU has also contributed to instability. Geopolitical risks in the Middle East and East Asia have increased, and the outlook for the international situation remains uncertain.」
The company continues to describe geopolitical risks, including those involving East Asia, and uncertainty surrounding the international situation. - FY2019RestatedAnnual report
「The Group's production sites and suppliers are concentrated in Vietnam and East Asia, centered on SHENGBANG METAL CO.,LTD., an equity-method affiliate. Country risk exists due to political and economic instability in East Asian countries and deteriorating relations between neighboring countries.」
The company continues to describe country risk associated with the concentration of production sites and suppliers in Vietnam and East Asia. - FY2019-Q3RestatedAnnual report
「In addition, in Europe, political instability has increased as countries have shifted to the right, while the issue of the UK's withdrawal from the EU has also contributed to instability. Geopolitical risks in the Middle East and East Asia have increased, and the outlook for the international situation remains uncertain.」
The company continues to describe uncertainty surrounding the international situation, including East Asia, and geopolitical risks. - FY2018RestatedAnnual report
「The Group's production sites and suppliers are concentrated in Vietnam and East Asia, centered on PLATZ VIETNAM CO.,LTD., a consolidated subsidiary, and SHENGBANG METAL CO.,LTD., an equity-method affiliate. Country risk exists due to political and economic instability in East Asian countries and deteriorating relations between neighboring countries.」
The concentration of production sites and suppliers in Vietnam and East Asia continues to be identified as a risk. - FY2018-Q3RestatedAnnual report
「In addition, in Europe, political instability has increased as countries have shifted to the right and terrorist activity by Islamic extremists has become more frequent. Geopolitical risks in the Middle East and East Asia have also increased, and the outlook for the international situation remains uncertain.」
The company continues to describe geopolitical risks, including those involving East Asia, and uncertainty surrounding the international situation. It states that there have been no significant changes in business and other risks. - FY2018-Q2RestatedAnnual report
「In addition, in Europe, political instability has increased as countries have shifted to the right and terrorist activity by Islamic extremists has become more frequent. Geopolitical risks in the Middle East and East Asia have also increased, and the outlook for the international situation remains uncertain.」
The company continues to describe geopolitical risks, including those involving East Asia, and uncertainty surrounding the international situation. - FY2018-Q1WorsenedAnnual report
「In Europe, political instability has increased as countries have shifted to the right and terrorist activity by Islamic extremists has become more frequent. In addition, geopolitical risks in the Middle East and East Asia have increased, and the outlook for the international situation remains uncertain.」
The company indicated that external conditions had become more challenging, including heightened geopolitical risks involving East Asia. However, it also stated that there had been no significant changes in business and other risks and did not describe any specific impact on performance. - FY2017RestatedAnnual report
「The Group's production sites and suppliers are concentrated in Vietnam and East Asia, centered on PLATZ VIETNAM CO.,LTD., a consolidated subsidiary, and SHENGBANG METAL CO.,LTD., an equity-method affiliate. Country risk exists due to political and economic instability in East Asian countries and deteriorating relations between neighboring countries.」
The concentration of production sites and suppliers in Vietnam and East Asia continues to be identified as a risk. - FY2016First statedAnnual report
「The Group's production sites and suppliers are concentrated in Vietnam and East Asia, centered on PLATZ VIETNAM CO.,LTD., a consolidated subsidiary, and SHENGBANG METAL CO.,LTD., an equity-method affiliate. Country risk exists due to political and economic instability in East Asian countries and deteriorating relations between neighboring countries.」
The company anticipates procurement difficulties and higher procurement costs resulting from political and economic conditions, international relations, and inflation.