Geopolitical, Regulatory and Infectious Disease Risks Associated with Overseas Expansion
First written in FY2018. 9 of 16 entries say "Worsened", first in FY2022. Latest entry: 2026-11-06.
Sg Holdings 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: 47 of 97 companies on the "Worse" side.
39 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In the international logistics market, uncertainty regarding trends in demand for and freight rates of ocean and air cargo remains high amid the impact of supply chain disruptions caused by U.S. trade policy and rising transportation risks in the Middle East, among other factors.」
In addition to existing U.S. trade policy-related risks and other factors, rising transportation risks in the Middle East were identified as a source of uncertainty regarding demand and freight rates in international logistics. - FY2026-H1WorsenedAnnual report
「In the international logistics market, uncertainty regarding trends in demand for and freight rates of ocean and air cargo remains high, with the continuing need to closely monitor the impact of supply chain disruptions caused by U.S. trade policy and geopolitical risks, among other factors.」
In addition to existing geopolitical risks and other factors, supply chain disruptions caused by U.S. trade policy were identified as a source of uncertainty regarding demand and freight rates in international logistics. - FY2025WorsenedAnnual report
「In the international logistics market, uncertainty has increased regarding trends in demand for and freight rates of ocean and air cargo, including the prolonged avoidance of transit through the Red Sea against a backdrop of geopolitical risks and the impact of U.S. trade policy.」
In addition to the existing geopolitical and economic environment risks, the prolonged avoidance of transit through the Red Sea and the impact of U.S. trade policy have increased uncertainty regarding demand and freight rates in international logistics. - FY2025-H1WorsenedAnnual report
「In the international logistics market, uncertainty has increased regarding trends in demand for and freight rates of ocean and air cargo, reflecting geopolitical risks such as the shift from ocean to air transport to avoid transiting the Red Sea and Suez Canal.」
It is stated that changes in transportation modes occurred as a result of avoiding transit through the Red Sea and Suez Canal, increasing geopolitical uncertainty surrounding demand and freight rates in international logistics. - FY2023MaterialisedAnnual report
「Ocean and air cargo volumes both declined substantially due to concerns about an economic recession against a backdrop of rising prices and monetary tightening, as well as the impact of excess inventories, particularly of consumer goods, in the United States.」
Regarding the economic environment and geopolitical risks associated with overseas expansion, international cargo volumes actually declined substantially against a backdrop of recession concerns, excess inventories in the United States and geopolitical risks. - FY2023-Q3WorsenedAnnual report
「Ocean and air cargo volumes have also fallen substantially below the initial forecast, and the high volatility of international transportation performance in the logistics business has reached a point where it is affecting the consolidated financial position and operating results.」
Regarding overseas business risks, international cargo volumes fell substantially below the initial forecast, and it was explicitly stated that volatility in operating performance is affecting consolidated performance. - FY2023-Q2MaterialisedAnnual report
「EXPOLANKA HOLDINGS PLC, an affiliated company of the Group, is headquartered in Sri Lanka, where large-scale political and economic turmoil known as the so-called Sri Lankan economic crisis has occurred.」
Regarding geopolitical and economic environment risks associated with overseas expansion, large-scale political and economic turmoil actually occurred in Sri Lanka, the home country of EXPOLANKA. However, as of the filing date of this quarterly report, the Company considers the impact on EXPOLANKA to be minor. - FY2023-Q1WorsenedAnnual report
「Looking around the world, uncertainty has increased further, with concerns about slower growth against a backdrop of advancing inflation, escalating geopolitical risks and rising interest rates, particularly in the United States.」
It is stated that uncertainty surrounding overseas operations increased due to escalating geopolitical risks, inflation, rising interest rates and concerns about slower growth. - FY2022WorsenedAnnual report
「In international logistics, supply chain disruption caused by the global shortage of ocean containers resulting from the impact of infectious diseases has gradually eased, and ocean and air freight rates, which had surged, are expected to normalize as supply and demand have eased. However, the outlook remains difficult to assess due in part to labor negotiations at ports on the US West Coast and escalating geopolitical risks.」
In addition to the risks associated with overseas expansion, labor negotiations at ports on the U.S. West Coast and escalating geopolitical risks have been newly identified, emphasizing the uncertainty ahead. - FY2021RestatedAnnual report
「Accordingly, if geopolitical risks materialize in the future, including sharp fluctuations in foreign exchange rates and air and ocean freight rates, deterioration in economic conditions and the business environment in regions where the Group has operations, unexpected changes in laws and regulations, worsening political conditions or increased terrorist activity, differences in business practices, and the occurrence of natural disasters or infectious diseases, this may affect the business, financial position and operating results of the Group.」
The risks associated with overseas expansion, including foreign exchange, freight rates, regulations, political conditions, terrorism, disasters and infectious diseases, continue to be listed. - FY2020-Q1MaterialisedAnnual report
「Overseas, freight-forwarding volumes increased as a result of stronger sales capabilities and facilities, although there was an impact from the terrorist attack in Sri Lanka in April.」
It is stated that the overseas expansion-related geopolitical risks have already affected the business through terrorism in Sri Lanka. - FY2018First statedAnnual report
「If geopolitical risks materialize, such as unexpected changes in laws and regulations, worsening political conditions or increased terrorist activity, differences in business practices, and the occurrence of natural disasters or infectious diseases, this may affect the business, financial position and operating results of the Group.」
The risks associated with expanding overseas operations, including laws and regulations, political conditions, business practices, disasters and infectious diseases, are listed.