Risks of Concentrating Overseas Operations and International Activities
First written in FY2016. 5 of 7 entries say "Worsened", first in FY2018. Latest entry: FY2026.
Yamaha moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group's overseas revenue accounts for 76.0% of total revenue.」
The overseas revenue ratio rose from 74.2% previously to 76.0%, further increasing the Group's dependence on overseas markets. - FY2022WorsenedAnnual report
「Overseas revenue accounts for 74.2% of total revenue.」
The overseas revenue ratio rose from 71.0% in the previous fiscal year to 74.2%, further increasing the Group's dependence on overseas operations. - FY2021WorsenedAnnual report
「Overseas revenue accounts for 71.0% of total revenue.」
The overseas revenue ratio rose from 70.2% in the previous fiscal year to 71.0%, increasing the Group's dependence on overseas operations. - FY2020Slight decline in the overseas sales ratioAnnual report
「Of the 57 consolidated subsidiaries, 42 are overseas entities, of which 23 are manufacturing, production or similar companies. They are based mainly in China, Indonesia, Malaysia and India. Overseas revenue accounts for 70.2% of total revenue.」
The overseas revenue ratio declined slightly from 70.4% in the previous fiscal year to 70.2%, while the Group continued to have a globally dependent structure with 42 overseas entities and 23 manufacturing and production companies. - FY2019WorsenedAnnual report
「Of the 59 consolidated subsidiaries, 44 are overseas entities, of which 23 are manufacturing, production or similar companies. The Group's principal production bases are concentrated in China, Indonesia and Malaysia. Overseas sales account for 70.4% of total sales.」
The overseas sales ratio rose from 69.1% in the previous fiscal year to 70.4%, further increasing the Group's dependence on overseas operations. - FY2018WorsenedAnnual report
「Of the 59 consolidated subsidiaries, 44 are overseas entities, of which 22 are manufacturing, production or similar companies. The Group's principal production bases are concentrated in China, Indonesia and Malaysia. Overseas sales account for 69.1% of total sales.」
The overseas sales ratio rose from the previously reported 66.7% to 69.1%. Meanwhile, the numbers of consolidated subsidiaries, overseas entities and manufacturing companies declined due to integration and other factors. - FY2016First statedAnnual report
「Of the 67 consolidated subsidiaries, 45 are overseas entities, of which 23 are manufacturing, production or similar companies. The Group's principal production bases are concentrated in China, Indonesia and Malaysia. Overseas sales account for 66.7% of total sales.」
Political and economic disruption, regulations, personnel, labor costs, procurement, logistics and labor disputes, among other factors, were identified.