Impact of natural disasters and infectious diseases on factories, the supply chain, and demand

「また、世界経済においても、米国の関税政策の影響や中東情勢の緊迫化に伴う資源価格への影響等、依然として不透明な状況が続いております。」

「The global economy also remains uncertain, owing to the impact of U.S. tariff policy, the prolonged conflicts in Ukraine and the Middle East, and concerns about the outlook for the Chinese economy.」

「The global economy also remains uncertain, owing to soaring raw material and energy prices resulting from the prolonged conflicts in Ukraine and the Middle East, continued high interest rates in Europe and the United States, concerns about the outlook for the Chinese economy, and the impact of U.S. trade policy.」

「The occurrence of a large-scale natural disaster, including a major typhoon, tsunami, or volcanic eruption, as well as the outbreak of an infectious disease, could cause delays in kitchen equipment deliveries, lower sales owing to reduced demand for equipment repairs and supplies such as tableware, and direct damage to employees and production facilities, in addition to indirect damage caused by disruptions to information systems and material procurement networks.」

「Meanwhile, the global economy remains uncertain, owing to rising prices, the situation in the Middle East, the impact of global monetary tightening, and concerns about the outlook for the Chinese economy.」

「Meanwhile, the global economy remains uncertain, owing to persistently high resource prices, increasing instability in global conditions, and concerns about the outlook for the Chinese economy.」

「The occurrence of a large-scale natural disaster, including a major typhoon, tsunami, or volcanic eruption, as well as the outbreak of an infectious disease such as COVID-19, could cause delays in kitchen equipment deliveries, lower sales owing to reduced demand for equipment repairs and supplies such as tableware, and direct damage to employees and production facilities, in addition to indirect damage caused by disruptions to information systems and material procurement networks.」

「The normalization of social and economic activity progressed following the reclassification of COVID-19 to Category 5 under the Infectious Diseases Control Law, and signs of a recovery in corporate capital investment and personal consumption emerged. However, uncertainty remains, with concerns about downside economic risks such as inflation and fluctuations in foreign exchange rates resulting from yen depreciation. The global economy also remains uncertain, amid concerns about a recession resulting from inflation caused by soaring prices of raw materials and other goods and the associated monetary tightening, as well as the prolonged situation in Ukraine.」

「The classification of COVID-19 under the Infectious Diseases Control Law was decided to be moved to Category 5, and signs of an economic recovery have emerged as efforts to normalize social and economic activity have gained momentum. However, uncertainty remains, with concerns about downside economic risks such as inflation caused by soaring resource prices and fluctuations in foreign exchange rates resulting from yen depreciation. The global economy also remains uncertain, amid concerns about a recession resulting from the prolonged situation in Ukraine and global monetary tightening.」

「Although signs of a return to normal economic activity emerged as restrictions on movement were lifted by the government despite repeated waves of COVID-19 infections and declines, uncertainty remains owing to inflation caused by higher resource prices and other factors, as well as fluctuations in foreign exchange rates. The global economy also remains uncertain, amid concerns about a prolonged Ukraine situation and a recession resulting from the worldwide inflationary trend.」

「The impact of COVID-19 on sales activities lasted longer than initially expected. In the institutional food service field, reductions in kitchen equipment budgets and noticeable postponements of construction schedules occurred, and the company was unable to win the projects it had anticipated, resulting in sales falling below the initial forecast.」

「The company operated in a challenging earnings environment, with orders and sales declining due to restrictions on sales activities since the onset of the COVID-19 pandemic and delays in customer acceptance occurring for some projects.」

「Although signs of a return to normal economic activity emerged through vaccination and other measures as the impact of COVID-19 persisted, business activity and personal consumption subsequently stagnated as quasi-emergency measures to prevent the spread of the disease were imposed following a renewed increase in infections caused by variants. The outlook for the global economic recovery also remains uncertain, owing to worsening international conditions following Russia's invasion of Ukraine and soaring resource prices.」

「The outlook remains uncertain, as infections with Omicron and other variants continue to rise sharply.」

「Additional bulk projects carried over as a result of measures to prevent the spread of COVID-19 were added.」