Country Risk Relating to Chinese Subsidiaries
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2022: 9 of 14 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group has established a structure for accelerating its response by having its directors concurrently serve as officers of the local subsidiary and maintaining close information exchange.」
The Group continues to maintain a response structure for country risk relating to its Chinese subsidiary, with directors concurrently serving as officers of the local subsidiary and maintaining close information exchange. - FY2020MitigatedAnnual report
「The Group has established a structure for accelerating its response by having its directors concurrently serve as officers of the local subsidiary and maintaining close information exchange.」
In response to country risk relating to its Chinese subsidiary, the Group explicitly describes a response structure in which directors concurrently serve as officers of the local subsidiary and maintain close information exchange. - FY2019RestatedAnnual report
「Country risks in that country, including deterioration in the political situation, changes in economic conditions, and changes in laws and tax systems, may affect the Group's business strategy and business performance.」
The Group continues to describe country risks relating to its Chinese subsidiary arising from changes in the political situation, economy, laws and tax systems. - FY2018RestatedAnnual report
「Country risks in that country, including deterioration in the political situation, changes in economic conditions, and changes in laws and tax systems, may affect the Group's business strategy and business performance.」
The Group continues to describe country risks relating to its Chinese subsidiary arising from changes in the political situation, economy, laws and tax systems. - FY2017First statedAnnual report
「The Group operates a local subsidiary in China, and country risks in that country, including deterioration in the political situation, changes in economic conditions, and changes in laws and tax systems, may affect the Group's business strategy and business performance.」
The Group states that political, economic, legal and tax changes relating to its Chinese subsidiary may affect its business strategy and business performance.