Overseas Risks Associated with Chinese and Asian Production and Imports
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2025.
Yamato International moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 20 of 31 companies on the "Worse" side.
11 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group has a high proportion of imports from Asian countries, primarily China, in its procurement. As a result, risks may arise from fluctuations in exchange rates, political instability such as terrorism and war, natural disasters, and infectious diseases such as SARS,」
Continues to disclose the risks of exchange-rate fluctuations, political instability, disasters, infectious diseases, higher costs, and difficulties operating and importing associated with high levels of imports from Asia, primarily China. - FY2022-Q3MaterialisedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy showed signs of recovery as the number of COVID-19 infections trended downward. However, it remained in an unprecedentedly uncertain environment due to disruptions to logistics and other systems accompanying the Shanghai lockdown, rising resource prices resulting from the situation in Ukraine, and financial and capital market volatility.」
Regarding overseas risks related to production and imports involving China and Asia, states that disruptions to logistics and other operations caused by the Shanghai lockdown actually occurred. - FY2020SoftenedAnnual report
「The Group has a high proportion of imports from Asian countries, primarily China, in its procurement. As a result, risks may arise from fluctuations in exchange rates, political instability such as terrorism and war, natural disasters, and infectious diseases such as SARS,」
The previous reference to production operations in China has been removed, narrowing the scope of the disclosure to overseas risks associated with procurement and imports. - FY2017RestatedAnnual report
「The Group operates production businesses in China, and a high proportion of its procurement consists of imports from Asian countries, primarily China. As a result, risks may arise from fluctuations in exchange rates, political instability such as terrorism and war, natural disasters, and infectious diseases such as SARS.」
Continues to disclose the risks of exchange-rate fluctuations, political instability, disasters, infectious diseases, and difficulties operating and importing associated with production in China and imports from Asia. - FY2016First statedAnnual report
「The Group operates production businesses in China, and a high proportion of its procurement consists of imports from Asian countries, primarily China. As a result, risks may arise from fluctuations in exchange rates, political instability such as terrorism and war, natural disasters, and infectious diseases such as SARS. If these risks lead to higher costs or make it difficult to operate factories or import products, they could affect the Group's performance.」
Identifies exchange-rate, political, disaster, infectious-disease, cost-inflation, and operating and import difficulties associated with production in China and high levels of imports from Asia.