Supply Risks from Economic Conditions, Regulations and Natural Disasters in Production Countries
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2024.
4 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The performance of the Group may be affected if political or domestic conditions, economic conditions, laws or other regulations, or exchange rates in the countries where its own-brand products are manufactured overseas undergo significant changes, or if natural disasters or other events occur.」
The Group continues to face supply risks relating to political, economic, regulatory, foreign exchange and disaster-related factors in countries where it uses overseas partner factories. - FY2018RestatedAnnual report
「If changes occur in the political or economic conditions, laws or other regulations of China, Taiwan or other manufacturing countries, significant changes in the exchange rates of manufacturing countries, or major natural disasters, epidemics or other unforeseen circumstances that directly affect the distribution of the Group's products, the Group's performance may be affected.」
The Group continues to disclose supply risks relating to political, economic, regulatory, foreign exchange and disaster-related factors in China, Taiwan and other manufacturing countries. - FY2017RestatedAnnual report
「If changes occur in the political or economic conditions, laws or other regulations of China, Taiwan or other manufacturing countries, significant changes in the exchange rates of manufacturing countries, or major natural disasters, epidemics or other unforeseen circumstances that directly affect the distribution of the Group's products, the Group's performance may be affected.」
The Group continues to disclose supply risks relating to political, economic, regulatory, foreign exchange and disaster-related factors in China, Taiwan and other manufacturing countries. - FY2016First statedAnnual report
「Price competition in the general merchandise industry is becoming increasingly intense, and going forward the Group will focus on developing partner factories overseas outside China and diversify its manufacturing base. However, if there are changes in the political or economic conditions, laws or other regulations of China or other manufacturing countries, significant changes in the exchange rates of manufacturing countries, or major natural disasters, epidemics or other unforeseen circumstances that directly affect the distribution of the Group's products, the Group's performance may be affected.」
The Group recognizes country-specific risks associated with contract manufacturing in China and other countries, and states that it will develop partner factories outside China and diversify its manufacturing base.