Risks associated with overseas business expansion, including laws and regulations, political and economic conditions, and social unrest
First written in FY2019. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2022: 37 of 74 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group has subsidiaries engaged in the distributor business in 3 countries and territories: Singapore, Malaysia and Hong Kong. In conducting overseas operations, unexpected changes in laws and regulations, adverse political or economic factors, or social disruption caused by terrorism, conflict, natural disasters or other events could affect the Group's performance.」
The disclosure continued to cover the risks associated with overseas operations in 3 countries and territories, including laws and regulations, political and economic factors, terrorism, conflict and natural disasters. - FY2019First statedAnnual report
「In conducting overseas operations, unexpected changes in laws and regulations, adverse political or economic factors, or social disruption caused by terrorism, conflict, natural disasters or other events could affect the Group's performance.」
The risks associated with operating in Singapore, Malaysia and Hong Kong, including laws and regulations, political and economic factors, terrorism, conflict and natural disasters, were disclosed separately for the first time.