Profitability and Continuity Risks in Overseas Operations
First written in FY2016. 1 of 2 entries say "Mitigated", first in FY2021. Latest entry: FY2021.
The whole theme swung hardest in 2024: 6 of 10 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「When commencing overseas expansion, the Group will obtain advice and support from legal, accounting, tax, labor and other specialists, consider cooperation with partners familiar with the local economy, environment and customs, communicate with prospective business partners in particular, formulate a detailed business plan, and assess its feasibility.」
As measures to address overseas business risks, the company specified obtaining advice from specialists, working with local partners, exchanging information with business partners, and making decisions based on detailed business plans. - FY2016First statedAnnual report
「If, after commencing operations, differences in business practices among countries, changes in laws, tighter environmental regulations, significant changes in economic conditions or unexpected foreign exchange fluctuations occur, or if it becomes difficult to secure local personnel, the Group may be unable to develop its business or generate earnings as initially anticipated.」
The company identified overseas business systems and regulations, foreign exchange, personnel, joint venture partners, and political and security conditions as risks.