Overseas Business Risks Associated with China Operations
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 72 of 118 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Group conducts business operations in China and Indonesia, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, ⑤ social disruption caused by war, terrorism, epidemics and other factors, and ⑥ significant fluctuations in foreign exchange rates. These risks may affect the Group's operating results.」
The Group continues to identify risks associated with its operations in China and Indonesia relating to regulations, political and economic conditions, infrastructure, taxation, social disruption and foreign exchange fluctuations. - FY2020RaisedAnnual report
「The Group conducts business operations in China and Indonesia, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, ⑤ social disruption caused by war, terrorism, epidemics and other factors, and ⑥ significant fluctuations in foreign exchange rates. These risks may affect the Group's operating results.」
In addition to its existing operations in China, the Group's operations in Indonesia are now included, and significant foreign exchange fluctuations have been added to the list of risks. - FY2019RestatedAnnual report
「The Group conducts business operations in China, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, and ⑤ social disruption caused by war, terrorism, epidemics and other factors. These risks may affect the Group's operating results.」
The Group continues to identify risks associated with its operations in China relating to laws and regulations, political and economic conditions, infrastructure, taxation and social disruption. - FY2018RestatedAnnual report
「The Group conducts business operations in China, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, and ⑤ social disruption caused by war, terrorism, epidemics and other factors. These risks may affect the Group's operating results.」
The Group continues to identify risks associated with its operations in China relating to laws and regulations, political and economic conditions, infrastructure, taxation and social disruption. - FY2017RestatedAnnual report
「The Group conducts business operations in China, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, and ⑤ social disruption caused by war, terrorism, epidemics and other factors. These risks may affect the Group's operating results.」
The Group continues to identify risks associated with its operations in China relating to laws and regulations, political and economic conditions, infrastructure, taxation and social disruption. - FY2016First statedAnnual report
「The Group conducts business operations in China, but overseas expansion entails inherent risks, including ① unexpected changes in laws or regulations, ② adverse political or economic factors affecting business operations, ③ the impact of inadequate social infrastructure, ④ changes in taxation and other systems, and ⑤ social disruption caused by war, terrorism, epidemics and other factors.」
The Group identifies risks associated with its operations in China relating to laws and regulations, political and economic conditions, infrastructure, taxation and social disruption.