Economic and cost risks from the situation in Ukraine, yen depreciation and higher raw-material and energy prices
First written in FY2023-Q2. 4 of 8 entries say "Worsened", first in FY2024-Q3. Latest entry: 2026-05-14.
Asmo moved to the "Worse" side of this theme in 2023, 1 year before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 22 of 48 companies on the "Worse" side.
16 other companies' latest entry also says "Worsened".
- 2026-05-14WorsenedEarnings
「Geopolitical tensions caused by the war in Iran have increased economic uncertainty, while concerns are growing about more frequent extreme weather events and intensifying disasters due to global warming and other factors, making the situation difficult to predict.」
The company identified geopolitical tensions caused by the war in Iran and concerns about more extreme weather and increasingly severe disasters as new external-environment risks. - FY2025-H1WorsenedAnnual report
「The Company must also continue to closely monitor the uncertainty arising from policy changes following the US presidential election in November.」
In addition to the situation in Ukraine, inflation, the situation in the Middle East, and volatility in financial and capital markets, uncertainty arising from policy changes following the US presidential election has newly been specified, and the Company continues to monitor external-environment risks. - FY2024WorsenedAnnual report
「Economic conditions in Japan and overseas remain uncertain amid inflation caused by yen depreciation, the prolonged situation in Ukraine, rising geopolitical risks due to the worsening situation in the Middle East, and an economic slowdown resulting from global monetary tightening.」
The Company describes yen depreciation and inflation, the situation in Ukraine, rising geopolitical risks due to the worsening situation in the Middle East, and concerns about an economic slowdown resulting from monetary tightening. - FY2024-Q3WorsenedAnnual report
「Economic conditions in Japan and overseas remain uncertain amid inflation caused by yen depreciation, the prolonged situation in Ukraine, rising geopolitical risks due to the worsening situation in the Middle East, and an economic slowdown resulting from global monetary tightening.」
Yen depreciation and inflation, the situation in Ukraine, rising geopolitical risks due to the worsening situation in the Middle East, and concerns about an economic slowdown resulting from monetary tightening continue. - FY2024-Q2MaterialisedAnnual report
「During the six-month period ended the second quarter, Japan's economy showed signs of a gradual recovery as social and economic activity returned to normal following the reclassification of COVID-19 as a Class 5 infectious disease. However, amid soaring raw material and energy prices and continued yen depreciation, as well as prolonged global monetary tightening and inflation, economic conditions in Japan and overseas remain uncertain.」
While social and economic activity is returning to normal, soaring raw material and energy prices, yen depreciation, monetary tightening and prolonged inflation continue, with economic and cost risks affecting the actual business environment. - FY2023MaterialisedAnnual report
「On the other hand, although costs such as utility, transportation and storage expenses increased, in addition to higher labor costs, due to the surge in crude oil prices, the Company was able to secure operating profit as a result of increased sales opportunities.」
While utility, transportation and storage expenses and labor costs actually increased, starting with the surge in crude oil prices, the meat business secured operating profit through increased sales opportunities. - FY2023-Q3MaterialisedAnnual report
「On the cost side, in addition to soaring raw material and logistics costs, utility costs have also risen significantly, adversely affecting profits.」
In addition to soaring raw material and logistics costs, utility costs rose significantly, reducing profits in the institutional food services business. - FY2023-Q2First statedAnnual report
「During the six-month period ended the second quarter, the economies of Japan and other countries saw rapid yen depreciation as a result of monetary tightening policies adopted by countries to contain continued increases in raw material and energy prices caused in part by the prolonged situation in Ukraine. Prices of essential goods and services also continued to rise, heightening concerns about an economic slowdown.」
The Company has, for the first time, described the prolonged situation in Ukraine, higher raw material and energy prices, monetary tightening by countries, rapid yen depreciation, higher prices of goods and services related to daily life, and concerns about an economic slowdown as company-wide external-environment risks.