Inflation, slowing overseas economies, trade policy and geopolitical risks
First written in FY2025-H1. 1 of 2 entries say "Worsened", first in FY2026-H1. Latest entry: FY2026-H1.
Hmcomm 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 2022: 105 of 134 companies on the "Worse" side.
75 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Overseas, uncertainty has increased further due to prolonged geopolitical risks, stagnation in the Chinese economy and developments concerning U.S. trade and tariff policy.」
The company states that prolonged overseas geopolitical risks, stagnation in China’s economy and developments in U.S. trade and tariff policy have further increased uncertainty in the operating environment. - FY2025-H1First statedAnnual report
「Meanwhile, as inflation continues, uncertainty remains over the economic outlook due to the slowdown in overseas economies and the effects of monetary tightening, as well as developments in U.S. tariff policy and continuing geopolitical risks related to the situations in Ukraine and the Middle East.」
The company describes uncertainty in the economic outlook arising from inflation, overseas economic slowdown, monetary tightening, U.S. tariff policy, and the situations in Ukraine and the Middle East. It also states that no new risks arose during the interim accounting period in the section on business and other risks.