Political, Economic and Foreign Exchange Risks in Asian Production Regions
First written in FY2016. 12 of 18 entries say "Restated". Latest entry: FY2025.
Aoyama Trading moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
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
「Accordingly, significant changes in the political, economic or legal conditions of production countries such as China and Southeast Asia, large-scale natural disasters, social disruption caused by terrorism, war, infectious diseases and other factors, or rapid foreign exchange fluctuations could affect the product supply structure and product costs.」
Risks to the supply structure and costs arising from political and economic conditions, legal systems, natural disasters, social disruption and foreign exchange fluctuations in Asian production regions remain ongoing. - FY2024WorsenedAnnual report
「Accordingly, significant changes in the political, economic or legal conditions of production countries such as China and Southeast Asia, large-scale natural disasters, social disruption caused by terrorism, war, infectious diseases and other factors, or rapid foreign exchange fluctuations could affect the product supply structure and product costs.」
Terrorism, war, infectious diseases and social disruption were explicitly added to the previously identified political, economic, legal-system, natural-disaster and foreign exchange risks. - FY2024-Q3RestatedAnnual report
「During the nine-month period under review, the Japanese economy moved toward normalization of social and economic activity as restrictions were eased following the reclassification of COVID-19 as a Class 5 infectious disease. However, concern remains over an economic downturn caused by geopolitical risks and volatility in the financial and capital markets.」
Concern over a downturn in the economy due to international affairs and volatility in the financial and capital markets continues to be described. - FY2024-Q2WorsenedAnnual report
「However, concern remains over the increasing downside risk to the economy due to rising prices and volatility in the financial and capital markets.」
Regarding the existing external-environment risks related to international conditions, foreign exchange rates and costs, the increasing downside risk to the economy from rising prices and volatility in the financial and capital markets is specifically described. - FY2024-Q1WorsenedAnnual report
「However, in addition to the downside risk to overseas economies from global monetary tightening, uncertainty continues due to soaring energy and raw material prices and rising inflation.」
Regarding the previously identified external-environment risks related to international affairs, foreign exchange rates and rising costs, global monetary tightening, a downturn in overseas economies, soaring energy and raw material prices, and rising inflation are specifically described. - FY2023RestatedAnnual report
「Accordingly, significant changes in the political or economic conditions or legal systems of production countries such as China and Southeast Asia, large-scale natural disasters or sharp foreign exchange fluctuations could affect the product supply system and product costs.」
Risks to the supply structure and costs arising from political and economic conditions, legal systems, natural disasters and foreign exchange fluctuations in Asian production regions remain ongoing. - FY2023-Q2WorsenedAnnual report
「During the six-month period ended 30 September 2022, the Japanese economy remained in an uncertain environment due to the prolonged conflict in Ukraine, higher energy prices caused by rapid foreign exchange fluctuations and the resulting surge in prices. However, personal consumption showed signs of recovery following a decline in the number of COVID-19 cases and other factors.」
In addition to international affairs and foreign exchange fluctuations, rising energy prices and inflation are specifically identified as concerns in the external environment. The recovery in personal consumption is also mentioned. - FY2023-Q1RestatedAnnual report
「Although the prolonged situation in Ukraine and restrictions on economic activity in China had an impact, personal consumption showed signs of recovery as the number of COVID-19 cases declined. Despite the yen's depreciation and rising resource prices, corporate capital investment improved, and the domestic economy overall was on a recovery trend.」
The external environment surrounding Asian and international affairs, foreign exchange rates and resource prices continues to be monitored. The recovery in economic activity is also mentioned. - FY2022WorsenedAnnual report
「In addition to production plant shutdowns, delays in product deliveries caused by logistics disruptions and higher logistics costs due to the impact of COVID-19 and other factors, costs are expected to continue rising as a result of higher raw material prices and foreign exchange fluctuations.」
In addition to the previously identified political, economic and foreign exchange risks in Asian production regions, production plant shutdowns, logistics disruptions, supply delays, and higher logistics and raw material costs were identified as specific risks. - FY2019RestatedAnnual report
「Accordingly, significant changes in the political or economic conditions or legal systems of production countries such as China and Southeast Asia, large-scale natural disasters or sharp foreign exchange fluctuations could affect the product supply system and product costs.」
Risks to the supply structure and costs arising from political and economic conditions, legal systems, natural disasters and foreign exchange rates in Asian production regions remain ongoing. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explicitly states that there have been no material changes in the risks associated with the politics, economy, legal systems, natural disasters and foreign exchange rates in Asian production regions. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It explicitly states that there have been no material changes in the risks associated with the politics, economy, legal systems, natural disasters and foreign exchange rates in Asian production regions. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explicitly states that there have been no material changes in the risks associated with the politics, economy, legal systems, natural disasters and foreign exchange rates in Asian production regions. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It explicitly states that there have been no material changes in the risks associated with the politics, economy, legal systems, natural disasters and foreign exchange rates in Asian production regions. - FY2017RestatedAnnual report
「Accordingly, significant changes in the political or economic conditions or legal systems of production countries such as China and Southeast Asia, large-scale natural disasters or sharp foreign exchange fluctuations could affect the product supply system and product costs.」
The company continues to disclose the impact on its supply system and product costs of political and economic conditions, legal systems, natural disasters and foreign exchange fluctuations in Asian production regions. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company explicitly states that there have been no material changes to the risks associated with political and economic conditions, legal systems, natural disasters and foreign exchange fluctuations in Asian production regions. - FY2017-Q2RestatedAnnual report
「However, conditions remained uncertain due to concerns about a sharp appreciation of the yen and economic downturns in emerging Asian countries, including China, and resource-rich countries.」
The company continues to describe its view of the external environment, including economic conditions in Asia and sharp foreign exchange fluctuations. It also states that there have been no material changes to the business and other risks described in the previous fiscal year. - FY2016First statedAnnual report
「Accordingly, significant changes in the political or economic conditions or legal systems of production countries such as China and Southeast Asia, large-scale natural disasters or sharp foreign exchange fluctuations could affect the product supply system and product costs.」
Supply chain and cost risks associated with producing and importing most major products from Asia, including China.