Declining demand due to changes in the global macroeconomic environment
First written in FY2025-H1. 3 of 5 entries say "Restated". Latest entry: FY2026.
Ryoyo Ryosan Holdings moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 10 of 14 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition, the effects of tariff measures and export controls have become apparent due to rising geopolitical risks and changes in the trade policies of various countries. Rebuilding supply chains and reviewing procurement sources have become important management issues for companies.」
In addition to economic and geopolitical risks, the company states that the effects of tariffs and export controls have emerged, making supply-chain restructuring and procurement-source reviews key issues. - 2026-05-19RestatedFinancial results presentation
「Concerns remain over the impact of shortages of some semiconductors and geopolitical risks.」
Continues to describe uncertainty in the external environment, including geopolitical risks. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, from 1 April 2025 to 30 September 2025, the global economy remained unstable. Rising geopolitical risks, including the escalating situation in the Middle East, concerns about an economic slowdown in Europe and uncertainty surrounding monetary policy in major countries such as the United States affected corporate activity and market sentiment.」
Uncertainty in the global economy, including geopolitical conditions, the European economy and monetary policy in major countries, continues to be reported. - FY2025RestatedAnnual report
「It was a year of heightened uncertainty, as continued monetary tightening in the United States, sluggish growth in China and supply-chain disruptions resulting from rising geopolitical risks coincided.」
The company continues to recognize macroeconomic uncertainty arising from economic and financial conditions in major regions and geopolitical risks. - FY2025-H1First statedAnnual report
「If economic conditions in the United States, Europe, China, emerging markets or Japan slow, personal consumption and capital investment may decline. As a result, demand for products sold by our customers may decrease, potentially adversely affecting our Group’s financial position and operating results.」
The company identifies the risk that economic slowdowns in major regions could reduce demand for customers’ products.