Uncertainty over the outlook due to rising raw material prices, trade friction and labor shortages
First written in FY2019-Q1. 7 of 13 entries say "Worsened", first in FY2022-Q3. Latest entry: FY2026.
Komehyo Holdings moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 24 of 31 companies on the "Worse" side.
18 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Uncertainty about the outlook continued as geopolitical risks materialized, including US trade policy, the stagnation of the Chinese economy, and fluctuations in energy prices against the backdrop of heightened tensions in the Middle East.」
In addition to existing factors such as yen depreciation and rising prices, the company identifies US trade policy, stagnation in the Chinese economy, the situation in the Middle East and energy-price fluctuations as sources of uncertainty. - FY2026-H1WorsenedAnnual report
「Meanwhile, concerns arose over upward pressure on interest rates associated with expectations of additional rate hikes by the Bank of Japan and continued price increases due to persistently high crude oil prices. Domestic and overseas uncertainty remained high, including the renewed US-China trade friction and heightened geopolitical risks resulting from tensions in the Middle East, and the outlook remained difficult to view optimistically.」
In addition to the existing concerns over yen depreciation, rising prices and financial market instability, the company identifies expectations of additional rate hikes, high crude oil prices, renewed US-China trade friction and geopolitical risks arising from the situation in the Middle East as new sources of uncertainty. - FY2025-H1WorsenedAnnual report
「Meanwhile, financial markets have remained unstable, as the yen moved sharply higher and share prices fluctuated sharply following the Bank of Japan's additional rate hike at the end of July and the resulting narrowing of the interest-rate differential between Japan and the United States.」
In addition to concerns about personal consumption from yen depreciation and rising prices, the company identifies additional rate hikes, yen appreciation and share-price volatility as factors contributing to financial market instability and an uncertain outlook. - FY2024-Q2RestatedAnnual report
「Meanwhile, the outlook for the economy remains uncertain, with concerns about the impact on personal consumption of rising prices caused by yen depreciation stemming from international conditions.」
The company has reconfirmed the impact on personal consumption of rising prices driven by yen depreciation and the uncertainty surrounding the economic outlook. - FY2024-Q1RestatedAnnual report
「Meanwhile, the outlook for the economy remains uncertain, with concerns about the impact on personal consumption of rising prices caused by yen depreciation stemming from international conditions.」
The company has reconfirmed the impact on personal consumption of rising prices driven by yen depreciation and the uncertainty surrounding the economic outlook. - FY2023-Q1WorsenedAnnual report
「However, conditions remained uncertain as concerns about a renewed spread of infections due to new COVID-19 variants intensified, while concerns arose about the impact on personal consumption from rising prices caused by surging crude oil prices and yen depreciation stemming from international conditions.」
In addition to existing infectious disease risks, the company identifies new variants, surging crude oil prices, and the impact on personal consumption from yen depreciation and rising prices as factors contributing to an uncertain outlook. - FY2022-Q3WorsenedAnnual report
「However, conditions remained uncertain as concerns about a renewed spread of infections due to new COVID-19 variants intensified, while concerns arose about the impact on personal consumption from surging crude oil prices and other factors.」
In addition to existing infectious disease and trade friction concerns, the company identifies renewed infections caused by new variants and the impact of surging crude oil prices on personal consumption as factors contributing to an uncertain outlook. - FY2020RestatedAnnual report
「The spread of COVID-19 has had a severe impact on economies in Japan and abroad, and conditions remain uncertain.」
In addition to previous trade friction and economic uncertainty, the company describes the uncertainty in the global economy caused by the spread of COVID-19. - FY2019-Q3RestatedAnnual report
「The outlook remains uncertain, partly due to the impact of uncertainty in the global economy arising from concerns about an escalation in US-China trade friction.」
The company has reconfirmed global economic uncertainty and an uncertain outlook due to concerns about an escalation in US-China trade friction and other factors. - FY2019-Q2RestatedAnnual report
「The outlook remains uncertain, partly due to the impact of uncertainty in the global economy arising from concerns about an escalation in US-China trade friction.」
The uncertainty about the outlook caused by trade friction and other factors, recognized since the previous quarter, has been reconfirmed in the form of concerns about an escalation in US-China trade friction. - FY2019-Q1First statedAnnual report
「The outlook remains uncertain due to concerns about rising raw material prices, trade friction and increasingly severe labor shortages.」
Raw material prices, trade friction and labor shortages are identified for the first time as factors contributing to an uncertain outlook in the economic environment for the quarter. No specific impact on performance is stated.