Risks from Administrative, Market and Foreign-Exchange Changes in China
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2026.
Maxvalu Tokai moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2026DroppedAnnual report
「There are no applicable overseas subsidiaries.」
Following the completion of the liquidation of the Guangzhou subsidiary, the government, market and foreign exchange risks previously associated with the China business are no longer included as ongoing business risks. - FY2023RestatedAnnual report
「Unexpected or rapid changes in Chinese government authorities or local markets, as well as fluctuations in foreign exchange rates and other factors, may affect operating results and financial position.」
Continues to address the risks of rapid changes in Chinese government regulations and markets and foreign exchange fluctuations, based on operations in Guangdong Province. - FY2021ReframedAnnual report
「As of the date of filing of this Annual Securities Report, consolidated subsidiary AEON Maxvalu (Guangzhou) Commercial Co., Ltd. operated 6 stores in Guangdong Province, China.」
Following the closure of all stores in Jiangsu, the disclosure of China business risks focuses on the 6 stores in Guangdong Province. - FY2020ReframedAnnual report
「As of the date of filing of this Annual Securities Report, our group operated 7 supermarkets in Guangdong Province and 2 supermarkets in Jiangsu Province, China. We will conduct sufficient research before expanding the business, but unexpected or rapid changes in Chinese government authorities or local market conditions, as well as fluctuations in foreign exchange rates, may affect operating results and financial position.」
The geographic composition of the China business expanded from Guangdong Province to 2 regions, including Jiangsu Province, and the disclosure explicitly added “rapid changes” to the market and government-related risks. - FY2019RestatedAnnual report
「As of the date of filing of this Annual Securities Report, our group operated 8 supermarkets in Guangdong Province, China. We will conduct sufficient research before expanding the business, but unexpected changes in Chinese government authorities or local market conditions, as well as fluctuations in foreign exchange rates, may affect operating results and financial position.」
Continues to identify uncertainty involving Chinese government regulations, markets and foreign exchange rates as risks. - FY2018RestatedAnnual report
「As of the date of filing of this Annual Securities Report, our group operated 9 supermarkets in Guangdong Province, China. We will conduct sufficient research before expanding the business, but unexpected changes in Chinese government authorities or local market conditions, as well as fluctuations in foreign exchange rates, may affect operating results and financial position.」
Continues to disclose uncertainty involving government regulations, markets and foreign exchange rates associated with expansion of the China business. The number of stores as of the filing date was 9. - FY2017RestatedAnnual report
「Unexpected changes in Chinese government authorities or local market conditions, as well as fluctuations in foreign exchange rates, may affect operating results and financial position.」
Continues to identify uncertainty involving government regulations, markets and foreign exchange rates associated with store expansion in China as risks. - FY2016First statedAnnual report
「Unexpected changes in Chinese government authorities or local market conditions, as well as fluctuations in foreign exchange rates, may affect operating results and financial position.」
Identifies uncertainty involving government regulations, local markets and foreign exchange rates associated with store expansion in Guangdong Province, China, as a risk.