Regulations Governing Information to be Published in Public Offering and Issuance Prospectuses Article 9
The following risks shall be noted:1. Risk factors: The prospectus shall analyze and assess the following matters during the most recent fiscal period and up to the prospectus publication date:A. The impact upon the company's balance sheet of inflation and changes in interest and exchange rates, and the measures the company plans to adopt in response;B. High-risk investments, highly leveraged investments, loans to other parties, endorsements, guarantees, and derivatives transactions; the main reasons for the profits/losses generated thereby; and response measures to be taken in the future.C. Future research and development projects, and expenditures expected in connection therewith;D. The impact upon the company's financial operations of important policy and legal developments at home and abroad, and the measures the company plans to adopt in response;E. The impact on the company's financial operations of developments in science and technology (including cyber security risk) and industry, and the measures the company plans to adopt in response;F. The impact of changes in the company's image upon its crisis management, and the measures the company plans to adopt in response;G. The expected benefits and potential risks of any merger or acquisition, and measures to be adopted in response;H. The expected benefits and potential risks of any plant expansion, and measures to be adopted in response;I. The risks associated with any consolidation of sales or purchasing operations, and measures to be adopted in response;J. Effect upon and risk to the company if a major quantity of shares belonging to a director, supervisor, or shareholder holding greater than a 10 percent stake in the company has been transferred or has otherwise changed hands, and measures to be adopted in response;K. Effect upon and risk to the company associated with any change in governance personnel or top management, and measures to be adopted in response.L. Other important risks and measures to be adopted in response.2. Litigious and non-litigious matters:A. If there has been any material impact upon shareholders' equity or prices for the company's securities as a result of any litigation, non-litigious proceeding, or administrative dispute involving the company that was finalized or remained pending during the most recent 2 fiscal years or during the current fiscal year up to the prospectus publication date, the prospectus shall disclose the facts in dispute, amount in dispute, commencement date, main parties involved, and current status of the case.B. If there has been any material impact upon shareholders' equity or prices for the company's securities as a result of any litigation, non-litigious proceeding, or administrative dispute involving a company director, supervisor, general manager, de facto responsible person, or major shareholder with a stake of more than 10 percent, and the matter was finalized or remained pending during the most recent 2 fiscal years or during the current fiscal year up to the prospectus publication date, the prospectus shall disclose the information set forth in sub-subparagraph (1) above.C. The prospectus shall note the occurrence of any event set forth under Article 157 of the Securities and Exchange Act that involves a company director, supervisor, its general manager, or any major shareholder with a stake of more than 10 percent, provided the event occurred in the most recent 2 fiscal years or during the current fiscal year up to the prospectus publication date. The prospectus shall also note how the company is currently handling the matter.3. If a company director, supervisor, its general manager, or a major shareholder with a stake of more than 10 percent has experienced financial difficulties or lost creditworthiness within the most recent 2 fiscal years or during the current fiscal year up to the prospectus publication date, the prospectus shall note the effect on the company's financial status.4. The prospectus shall note any other important matters.
中文原文 公司募集發行有價證券公開說明書應行記載事項準則第9條
風險事項應記載事項如下：
一、風險因素：應分析評估最近年度及截至公開說明書刊印日止之下列事項：
（一）利率、匯率變動、通貨膨脹情形對公司損益之影響及未來因應措施。
（二）從事高風險、高槓桿投資、資金貸與他人、背書保證及衍生性商品交易之政策、獲利或虧損之主要原因及未來因應措施。
（三）未來研發計畫及預計投入之研發費用。
（四）國內外重要政策及法律變動對公司財務業務之影響及因應措施。
（五）科技改變（包括資通安全風險）及產業變化對公司財務業務之影響及因應措施。
（六）企業形象改變對企業危機管理之影響及因應措施。
（七）進行併購之預期效益、可能風險及因應措施。
（八）擴充廠房之預期效益、可能風險及因應措施。
（九）進貨或銷貨集中所面臨之風險及因應措施。
（十）董事、監察人或持股超過百分之十之大股東，股權之大量移轉或更換對公司之影響、風險及因應措施。
（十一）經營權之改變對公司之影響、風險及因應措施。
（十二）其他重要風險及因應措施。
二、訴訟或非訟事件：
（一）公司最近二年度及截至公開說明書刊印日止已判決確定或目前尚在繫屬中之訴訟、非訟或行政爭訟事件，其結果可能對股東權益或證券價格有重大影響者，應揭露其系爭事實、標的金額、訴訟開始日期、主要涉訟當事人及目前處理情形。
（二）公司董事、監察人、總經理、實質負責人、持股比例超過百分之十之大股東及從屬公司，最近二年度及截至公開說明書刊印日止已判決確定或目前尚在繫屬中之訴訟、非訟或行政爭訟事件，其結果可能對公司股東權益或證券價格有重大影響者。
揭露資料同本款第一目。
（三）公司董事、監察人、經理人及持股比例超過百分之十之大股東，最近二年度及截至公開說明書刊印日止發生證券交易法第一百五十七條規定情事及公司目前辦理情形。
三、公司董事、監察人、經理人及持股比例超過百分之十之大股東最近二年度及截至公開說明書刊印日止，如有發生財務週轉困難或喪失債信情事，應列明其對公司財務狀況之影響。
四、其他重要事項。
一、風險因素：應分析評估最近年度及截至公開說明書刊印日止之下列事項：
（一）利率、匯率變動、通貨膨脹情形對公司損益之影響及未來因應措施。
（二）從事高風險、高槓桿投資、資金貸與他人、背書保證及衍生性商品交易之政策、獲利或虧損之主要原因及未來因應措施。
（三）未來研發計畫及預計投入之研發費用。
（四）國內外重要政策及法律變動對公司財務業務之影響及因應措施。
（五）科技改變（包括資通安全風險）及產業變化對公司財務業務之影響及因應措施。
（六）企業形象改變對企業危機管理之影響及因應措施。
（七）進行併購之預期效益、可能風險及因應措施。
（八）擴充廠房之預期效益、可能風險及因應措施。
（九）進貨或銷貨集中所面臨之風險及因應措施。
（十）董事、監察人或持股超過百分之十之大股東，股權之大量移轉或更換對公司之影響、風險及因應措施。
（十一）經營權之改變對公司之影響、風險及因應措施。
（十二）其他重要風險及因應措施。
二、訴訟或非訟事件：
（一）公司最近二年度及截至公開說明書刊印日止已判決確定或目前尚在繫屬中之訴訟、非訟或行政爭訟事件，其結果可能對股東權益或證券價格有重大影響者，應揭露其系爭事實、標的金額、訴訟開始日期、主要涉訟當事人及目前處理情形。
（二）公司董事、監察人、總經理、實質負責人、持股比例超過百分之十之大股東及從屬公司，最近二年度及截至公開說明書刊印日止已判決確定或目前尚在繫屬中之訴訟、非訟或行政爭訟事件，其結果可能對公司股東權益或證券價格有重大影響者。
揭露資料同本款第一目。
（三）公司董事、監察人、經理人及持股比例超過百分之十之大股東，最近二年度及截至公開說明書刊印日止發生證券交易法第一百五十七條規定情事及公司目前辦理情形。
三、公司董事、監察人、經理人及持股比例超過百分之十之大股東最近二年度及截至公開說明書刊印日止，如有發生財務週轉困難或喪失債信情事，應列明其對公司財務狀況之影響。
四、其他重要事項。