Heightened Geopolitical Risks, Including Those Involving North Korea
First written in FY2018-Q1. 6 of 10 entries say "Restated". Latest entry: FY2024.
Hokuyu Lucky moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 45 of 78 companies on the "Worse" side.
36 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The outlook remains uncertain, with a sharp depreciation of the yen, concerns over a slowdown in overseas economies, instability in Ukraine and the Middle East, and persistently high resource and material prices.」
In addition to conventional geopolitical risks, the company explicitly identifies instability in the Middle East, together with the situation in Ukraine, as a factor contributing to uncertainty in overseas conditions. - FY2023WorsenedAnnual report
「An end to the conflict in Ukraine, which has contributed to higher prices, is still not in sight, while tensions surrounding Taiwan are also increasing.」
In addition to its existing recognition of geopolitical risks, the company explicitly identifies the lack of visibility on an end to the conflict in Ukraine and rising tensions surrounding Taiwan. - FY2023-Q3WorsenedAnnual report
「In addition, the conflict in Ukraine, which began in February 2022, triggered a surge in prices for energy and other resources. Most of the world's major countries are facing some form of domestic issue, and tensions between countries are also rising.」
In addition to conventional geopolitical risks, the company identifies the conflict in Ukraine and rising tensions between countries as new concerns relating to overseas conditions. - FY2019RestatedAnnual report
「In addition, the effects of US-China trade frictions becoming more pronounced and the slowdown in the Chinese economy are putting downward pressure on Japanese companies' exports, and overseas economies are expected to remain uncertain, including due to persistent geopolitical risks.」
The company reaffirms its view that geopolitical risks will persist, together with US-China trade friction and the slowdown in the Chinese economy. - FY2019-Q2RestatedAnnual report
「Uncertainty in the global economy, including the unstable situation in Europe and the risk of expanding trade friction resulting from protectionist US trade policy, remains a cause for concern.」
The company continues to be concerned about uncertainty arising from overseas political and economic conditions, including protectionist US trade policy. - FY2019-Q1RestatedAnnual report
「Concerns about political and economic factors causing uncertainty in the global economy, including geopolitical risks and the impact of US trade policy, continue.」
The company reaffirms geopolitical risks, together with US trade policy, as factors contributing to uncertainty in the global economy. - FY2018RestatedAnnual report
「The impact on financial and capital markets is a cause for concern due to protectionist policy under the US administration and rising geopolitical risks in Asia.」
Although North Korea is not specifically mentioned, the company continues to identify geopolitical risks in Asia as a concern relating to overseas conditions. - FY2018-Q3RestatedAnnual report
「The outlook remains uncertain, with concern over the impact on financial and capital markets from protectionist policy trends under the US administration and rising geopolitical risks involving North Korea.」
The company reaffirms North Korea's geopolitical risk as a factor raising concern over its impact on financial and capital markets. - FY2018-Q2RestatedAnnual report
「The outlook remains uncertain, with concern over the impact on financial and capital markets from protectionist policy trends under the US administration and rising geopolitical risks involving North Korea.」
The company reiterates its concern over rising geopolitical risks, including those involving North Korea, for the global economy and financial and capital markets. - FY2018-Q1First statedAnnual report
「The impact on the global economy of rising geopolitical risks, including those involving North Korea, is a cause for concern.」
The company identifies the impact of rising geopolitical risks, including those involving North Korea, on the global economy as a new concern.