The management performance of the Furukawa Electric Group is affected by the economic conditions in the various markets in which the group sells products and provides services.
The risks that have the potential to impact the group’s financial results, share price and fiscal situation include the following. Also, as indication the company recognizes the risks to group management, the risk items and details are being revised starting from the previous consolidated fiscal year with consideration for better aligning them with the group’s materiality and ESG management.
Forward-looking statements reflect judgments made by the Furukawa Electric Group as of March 31, 2021.
- Management strategy
(Business portfolio and business reorganization) - Employee health and safety
- Legal violations
- Climate change
- Raw material procurement
- Raw material and fuel price fluctuations
- Human resources and organizations
- Product defects
- Exchange rate, interest rate and share price fluctuations
- Human rights
- Deteriorated project profitability
- Capital procurement
- Governance
- Environmental pollution and environmental regulations
- Credit management
- Impact of disasters or infectious disease
- Asset impairment
- Tax compliance
- Information security
- Intellectual property
Management strategy
(Business portfolio and business reorganization)
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Create new businesses and revise the portfolio in order to expand the businesses
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Climate change
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Human resources and organizations
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Human rights
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Governance
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Impact of disasters or infectious disease
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[Response to COVID-19] |
Information security
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Employee health and safety
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Raw material procurement
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Product defects
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Deteriorated project profitability
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Environmental pollution and environmental regulations
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Asset impairment
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Intellectual property
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Legal violations(Note)
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(Note) The company is currently under investigation by the competition authority of Brazil in regards to an automotive products cartel. Also, the company and its consolidated subsidiaries have been named as the defendant in a class action lawsuit filed in the United States seeking damages in relation to a series of automotive product cartels and lawsuits filed by judiciary authorities in several states in the United States. In addition to these lawsuits, the company and its affiliates may pay civil damages, including the damages currently being claimed by customers including automotive manufacturers, in relation to past violations of competition laws, including automotive product cartels.
Raw material and fuel price fluctuations
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Exchange rate, interest rate and share price fluctuations
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Capital procurement
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Credit management
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Tax compliance
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