Country risks in overseas markets, including trade restrictions, war and conflict

「今後の経済動向につきましては、政府の経済政策や雇用・所得環境の改善により緩やかな回復が期待される一方、中東情勢の悪化などの地政学リスクの高まりによる原材料価格の高騰など、先行き不透明な状況が予想されます。」

「一方、米国の関税政策の影響や中国経済の低迷に加え、エネルギー価格や原材料価格は高止まりしており、先行きは依然として不透明な状況が続いております。」

「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」

「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

「カントリーリスク・貿易規制・戦争や紛争、暴動などの発生リスク・進出国の適度な分散・段階的な投資の実施」