Legal, regulatory and sociopolitical risks in overseas operations
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 50 of 95 companies on the "Worse" side.
- FY2024RestatedAnnual report
「In Vietnam, our group has invested in an equity-method affiliate engaged in the manufacture and sale of beverages and is conducting activities to develop its local business. These overseas business activities are subject to social and political risks, as well as unexpected changes in laws and regulations and vulnerabilities in industrial infrastructure.」
Even after completion of the liquidation of the Thailand operation, the company continues to regard its equity-method affiliate in Vietnam as the center of its overseas business risk and continues to recognize legal and regulatory, industrial infrastructure, and social and political risks. - FY2023ReframedAnnual report
「In Vietnam, our group has invested in an equity-method affiliate engaged in the manufacture and sale of beverages and is conducting activities to develop its local business. These overseas business activities are subject to social and political risks, as well as unexpected changes in laws and regulations and vulnerabilities in industrial infrastructure.」
In light of the Thailand operation being in liquidation proceedings, the company has organized the scope of overseas business risk as being centered primarily on its equity-method affiliate in Vietnam. - FY2020RestatedAnnual report
「The Group has invested in an equity-method affiliate in Vietnam for the manufacture and sale of beverages and in a non-consolidated equity-method subsidiary in Thailand for beverage planning and sales, and conducts activities in each country to develop its local businesses. These overseas activities entail inherent social and political risks, in addition to unexpected changes in laws and regulations and weaknesses in industrial infrastructure.」
The company is reiterating the legal and regulatory, industrial infrastructure, and social and political risks associated with its investments and business activities in Vietnam and Thailand. - FY2019RestatedAnnual report
「These overseas business activities are subject to social and political risks, as well as unexpected changes in laws and regulations and vulnerabilities in industrial infrastructure. If these risks materialize, they may disrupt overseas business activities and affect our group's performance and future plans.」
The company is reiterating the legal and regulatory, industrial infrastructure, and social and political risks associated with its overseas operations in Vietnam, Thailand and elsewhere. - FY2018RestatedAnnual report
「The Group has established a subsidiary in China primarily engaged in office coffee services, invested in an equity-method affiliate in Vietnam for the manufacture and sale of beverages, and invested in a non-consolidated equity-method subsidiary in Thailand for beverage planning and sales. These overseas activities entail inherent social and political risks, in addition to unexpected changes in laws and regulations and weaknesses in industrial infrastructure.」
The company is reiterating the legal and regulatory, industrial infrastructure, and social and political risks associated with its overseas operations and investments in China, Vietnam and Thailand. - FY2016First statedAnnual report
「These overseas business activities are subject to social and political risks, as well as unexpected changes in laws and regulations and vulnerabilities in industrial infrastructure. If these risks materialize, they may disrupt overseas business activities and affect our group's performance and future plans.」
The company identifies legal and regulatory, industrial infrastructure, and social and political risks associated with expanding its operations and investments in China, Vietnam and Thailand.