Country Risks Associated with Expansion of Overseas Business
First written in FY2024-Q3. 1 of 3 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
- FY2026-H1International transaction risks specifiedAnnual report
「The Group operates a cross-border e-commerce support business and may be affected by international laws and regulations, tax systems and business practices. In particular, if tariffs, currency movements or compliance with the laws of counterpart countries affect the execution of overseas transactions, the Group’s financial condition and operating results may be materially affected.」
In addition to conventional country risk, the Group specifies international transaction risks related to cross-border e-commerce, including tariffs, taxation, currencies and compliance with counterpart-country laws. - FY2024RestatedAnnual report
「The Group is expanding its overseas business and may face country risks arising from political instability, trade sanctions, differences in culture and legal systems and unusual labor relations in overseas markets」
The Group continues to disclose country risk accompanying overseas expansion, including cross-border e-commerce. - FY2024-Q3First statedAnnual report
「The Group is expanding its overseas business, and country risks arising from political instability, trade sanctions, differences in culture and legal systems and unusual labor relations in overseas markets may impede smooth operations and adversely affect the Group’s performance and financial condition.」
The Company newly identifies risks arising from differences in political conditions, trade, legal systems and labor relations as its overseas business, including cross-border e-commerce, expands.