Country and Foreign Exchange Risk Associated with Overseas Expansion
First written in FY2017. 2 of 5 entries say "Restated". Latest entry: FY2026.
Sun-Wa Technos moved to the "Worse" side of this theme in 2026, 8 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 3 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Group operates not only in Japan but also through 15 overseas entities with 40 locations, and plans to continue expanding its operations overseas.」
The scale of overseas operations has expanded from the previously stated 14 entities and 39 locations to 15 entities and 40 locations, broadening the scope of country risk exposure. - FY2025MitigatedAnnual report
「The Group operates not only in Japan but also through 14 overseas entities with 39 locations, and plans to continue expanding its operations overseas. Accordingly, if unexpected political, economic or social changes, amendments to laws or tax systems, or deterioration in public security due to terrorism or other events occur in the relevant foreign countries, the Group's business results and financial position could be affected. The department responsible for overseas subsidiaries regularly gathers the latest local information in cooperation with local managers. In the event of an emergency such as terrorism, an emergency response headquarters is established in accordance with the Crisis Management Regulations, and a system is in place to enable the prompt collection of information and an appropriate response.」
The scale of overseas operations is specified as 14 entities and 39 locations, along with a response system involving the regular collection of local information and the establishment of an emergency response headquarters. - FY2019RestatedAnnual report
「Accordingly, if unexpected political, economic or social changes, amendments to laws or tax systems, deterioration in public security due to terrorism or other events, natural disasters or other events, or significant fluctuations in foreign exchange rates occur in the relevant foreign countries, the Group's business results and financial position could be affected.」
The risks associated with the political, economic and social conditions, legal systems, public security, natural disasters and foreign exchange fluctuations accompanying overseas business expansion are restated. - FY2018RestatedAnnual report
「Accordingly, if unexpected political, economic or social changes, amendments to laws or tax systems, deterioration in public security due to terrorism or other events, natural disasters or other events, or significant fluctuations in foreign exchange rates occur in the relevant foreign countries, the Group's business results and financial position could be affected.」
The risks associated with the political, economic and social conditions, legal systems, public security, natural disasters and foreign exchange fluctuations accompanying overseas business expansion are restated. - FY2017First statedAnnual report
「Accordingly, if unexpected political, economic or social changes, amendments to laws or tax systems, deterioration in public security due to terrorism or other events, natural disasters or other events, or significant fluctuations in foreign exchange rates occur in the relevant foreign countries, the Group's business results and financial position could be affected.」
In line with the policy of strengthening overseas operations, the political, economic and social conditions, legal systems, public security, natural disasters and foreign exchange fluctuations in the countries where the Group operates are identified collectively as overseas business risks.