Country and Foreign-Exchange Risks Associated With Overseas Expansion
First written in FY2020. 3 of 4 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2023: 5 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外事業展開に伴うカントリーリスク・為替リスクおよび事業遂行遅延リスクについて、重要な変更がないと記載している。 - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
海外事業展開に伴うカントリーリスク・為替リスクおよび事業遂行遅延リスクについて、重要な変更がないと記載している。 - FY2023RestatedAnnual report
「Unexpected events exceeding assumptions, including delays in or inability to collect payments or conduct business caused by the political, economic or social conditions of the relevant country, could affect financial results.」
海外事業展開に伴うカントリーリスク・為替リスクおよび代金回収・事業遂行遅延リスクを再掲している。 - FY2020First statedAnnual report
「Unexpected events exceeding assumptions, including delays in or inability to collect payments or conduct business caused by the political, economic or social conditions of the relevant country, could affect financial results.」
While taking country and foreign-exchange risks into account when making investment decisions involving overseas investments, the Company first explicitly identified delayed or unsuccessful payment collection and business execution as risks.