Uncertainty caused by terrorism, the refugee issue and the UK's departure from the euro area
First written in FY2017-Q2. 1 of 3 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 15 of 18 companies on the "Worse" side.
19 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual report
「If changes to laws or tighter regulations, political, social or economic disruption, conflicts, terrorism or other events occur in countries or regions where the Company operates, they may adversely affect its business results and financial condition.」
The specific references to terrorism in Europe, the refugee issue and the UK's withdrawal from the EU have been removed and generalized as legal, regulatory, and political and social risks associated with overseas operations. - FY2017-Q3RestatedAnnual report
「The European economy is on a moderate recovery path, led by domestic demand such as personal consumption, but uncertainty about the outlook has increased because of issues including concerns over terrorism, the refugee issue and the UK's withdrawal from the EU.」
The Company continues to cite a moderate recovery driven by domestic demand in Europe, alongside uncertainty about the outlook caused by terrorism, the refugee issue and the UK's withdrawal from the EU. - FY2017-Q2First statedAnnual report
「The European economy is on a moderate recovery path, led by domestic demand such as personal consumption, but uncertainty about the outlook has increased because of issues including concerns over terrorism, the refugee issue and the UK's withdrawal from the euro area.」
The Company identifies uncertainty about the outlook arising from terrorism, the refugee issue and the UK's withdrawal from the euro area as new risks to the European business environment.