Country Risks Associated with Overseas Business Expansion
First written in FY2024. 1 of 2 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2022: 5 of 11 companies on the "Worse" side.
5 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「In addition to Japan, the Group conducts business activities in India, Southeast Asia and Latin America. If risks in these regions, including changes in economic conditions or foreign exchange rates, political and legal and regulatory developments, natural disasters, cybersecurity, human resources and environmental regulations, materialize, they may affect the Group’s operating performance and financial condition.」
The company continued to disclose risks associated with its overseas operations, including economic, foreign exchange, political and legal and regulatory, natural disaster, cybersecurity, human resources and environmental regulatory risks. - FY2024First statedAnnual report
「In India, Southeast Asia and Latin America, where we operate, there are various country risks, including market trends, the presence of competitors, political, economic, legal, cultural and religious factors, local customs, foreign exchange and other risks.」
With the expansion of its global operations, the company identified political, economic, legal and regulatory, foreign exchange and other risks in India, Southeast Asia and Latin America as separate risks. It stated that these risks would be mitigated through operations in multiple regions and monitoring by Saison International.