Economic uncertainty due to geopolitical developments, a change in the U.S. administration, and inflation
First written in FY2025-H1. 3 of 4 entries say "Restated". Latest entry: 2026-07-15.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
64 other companies' latest entry also says "Restated".
- 2026-07-15RestatedEarnings
「Economic conditions remain uncertain due to geopolitical risks, soaring raw material prices and the resulting inflation.」
Economic uncertainty caused by geopolitical risks, soaring raw material prices and inflation continues. - FY2026-H1RestatedAnnual report
「Meanwhile, economic conditions remain uncertain due in part to geopolitical risks and soaring raw-material prices.」
Economic uncertainty arising from geopolitical risks and soaring raw-material prices continues. - FY2025RestatedAnnual report
「Many uncertainties remain, including soaring raw-material prices, the resulting inflation and the impact of higher U.S. tariffs, and economic conditions therefore remain uncertain.」
Higher U.S. tariffs were added as an uncertainty alongside existing geopolitical, policy-change and inflation-related concerns. - FY2025-H1First statedAnnual report
「Economic conditions remain uncertain due to factors including the prolonged Russia-Ukraine situation, the change of the U.S. administration, soaring energy and raw-material costs resulting from the yen's depreciation, and the resulting inflation.」
The company cites multiple external factors and explains that uncertainty surrounding economic conditions continues.