Risks of Regulatory and Geopolitical Disruption in Overseas Manufacturing
First written in FY2022. 2 of 5 entries say "Raised", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2022: 27 of 57 companies on the "Worse" side.
1 other company's latest entry also says "Raised".
- FY2025RaisedAnnual report
「The Group has many production sites in China and other Asian countries. If manufacturing activities or logistics are disrupted by political or economic instability, changes in labour conditions, tighter laws and regulations, natural disasters or infectious disease outbreaks in these regions, product supplies may be delayed, potentially having a material effect on the Group's financial position, operating results and cash flows.」
The scope has been expanded from the previous risks relating to laws and regulations and geopolitical risks in overseas manufacturing to “particularly important risks” covering the global supply chain, including production sites, labour conditions, natural disasters, infectious diseases, logistics stoppages and delays in product supply. - FY2024RaisedAnnual report
「(1) Particularly important risks ② Manufacturing activities: The Group manufactures products mainly in China and other parts of Asia. Its overseas manufacturing activities are exposed to risks including unforeseeable changes in laws and regulations, weak industrial infrastructure, and geopolitical or political disruption caused by terrorism or war.」
The risks relating to laws and regulations, industrial infrastructure and geopolitical disruption in overseas manufacturing have been positioned as “particularly important risks” this time. - FY2023-Q2WorsenedAnnual report
「Supply chain disruption caused by lockdowns under China's zero-COVID policy is taking time to resolve」
Regarding risks relating to overseas manufacturing and procurement, it states that supply chain disruption caused by lockdowns in China is continuing and will take time to resolve. - FY2023-Q1MaterialisedAnnual report
「Supply chain disruption caused by lockdowns under China's zero-COVID policy」
It states that supply chain disruption caused by lockdowns under China's zero-COVID policy has materialised in the external environment as the previously identified geopolitical risk relating to overseas manufacturing and procurement. - FY2022First statedAnnual report
「The Group manufactures products mainly in China and other parts of Asia. Its overseas manufacturing activities are exposed to risks including unforeseeable changes in laws and regulations, weak industrial infrastructure, and geopolitical or political disruption caused by terrorism or war.」
It has identified disruption to overseas manufacturing, mainly in China and Asia, caused by changes in laws and regulations, industrial infrastructure issues, terrorism, war and geopolitical or political disruption as a new risk item.