Country Risk Associated with Overseas Investments and Financing and Overseas Subsidiaries
First written in FY2020. 2 of 3 entries say "Worsened", first in FY2024. Latest entry: FY2025.
FinTech Global moved to the "Worse" side of this theme in 2024, 1 year after the typical company in this theme (2023).
The whole theme swung hardest in 2023: 5 of 12 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The company currently has 6 overseas subsidiaries under Dutch holding company SGI-Group B.V., and aviner Co., Ltd. engages in the leasing of aviation assets overseas. If country risks, including the laws, systems and regulations, and social conditions in their respective locations, materialize and make it difficult to conduct business smoothly, the performance and business development of the group may be affected.」
In addition to the existing overseas subsidiary risks, the company explicitly identified aviner's overseas aviation asset leasing business, broadening the businesses subject to country risk. - FY2024WorsenedAnnual report
「The company currently has 6 overseas subsidiaries under Dutch holding company SGI-Group B.V. If country risks, including the laws, systems and regulations, and social conditions in their respective locations, materialize and make it difficult to conduct business smoothly, the performance and business development of the group may be affected.」
The company discloses country risk with the number of overseas subsidiaries under Dutch holding company SGI-Group B.V. having increased from the previous 5 to 6. - FY2020First statedAnnual report
「The company currently has 5 overseas subsidiaries under Dutch holding company SGI-Group B.V. If country risks, including the laws, systems and regulations, and social conditions in their respective locations, materialize and make it difficult to conduct business smoothly, the performance and business development of the group may be affected.」
The company newly classified changes in the political and economic conditions, regulations and social conditions of the countries and regions in which its overseas investments and investments in companies and funds are located, as well as its 5 overseas subsidiaries in the Netherlands, as country risks.