Risk of business interruption caused by natural disasters, war, terrorism, disease, social unrest and other events

「当第１四半期連結累計期間における世界経済は、ウクライナ情勢の長期化や中東情勢の悪化による地政学上のリスクに加え、インフレ圧力による影響が継続する中、」

「The Group operates businesses and has established information networks in countries and regions worldwide, including Japan, China, Southeast Asia and the United States. If abnormal weather or natural disasters caused by climate change, outbreaks of infectious diseases, increased geopolitical risks such as wars, conflicts or heightened tensions in certain regions or between countries, terrorism, illness, social unrest, restrictions arising from public regulations or other events occur, the purchase of related raw materials, production and processing, sales of goods and products, logistics and other activities may be temporarily delayed or suspended, and procurement and logistics costs may rise, potentially affecting the Group's financial position and operating results.」

「中東情勢の緊迫化に伴う原油供給の減少などから、経済全体への悪影響が懸念され」

「During the six-month period ended the interim period, the global economy remained subject to geopolitical risks arising from the prolonged situation in Ukraine and issues in the Middle East, as well as continuing inflationary pressures. In the United States, concerns about an economic slowdown emerged as government tariff increases pushed up corporate costs and squeezed earnings, while employment conditions also began to deteriorate.」

「With respect to US trade policy, although its direct impact on the Group is expected to be limited, changes in future developments could have indirect effects through domestic and overseas economic conditions, foreign exchange rates and the Group's business partners, potentially affecting the Group's financial position and operating results.」

「The Group operates businesses and has established information networks in countries and regions worldwide, including Japan, China, Southeast Asia and the United States. If abnormal weather or natural disasters caused by climate change, outbreaks of infectious diseases, increased geopolitical risks such as wars, conflicts or heightened tensions in certain regions or between countries, terrorism, illness, social unrest, restrictions arising from public regulations or other events occur, the purchase of raw materials, production and processing, product sales, logistics and other activities in the affected regions may be temporarily delayed or suspended, potentially affecting the Group's financial position and operating results.」

「During the nine-month period ended the third quarter, the global economy remained firm. This was despite concerns over the effects of inflationary pressures and rising geopolitical risks, including the prolonged situation in Ukraine and worsening conditions in the Middle East, as well as concerns over a recession resulting from prolonged monetary tightening in the United States. The US economy remained supported by favourable employment conditions and resilient personal consumption.」

「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「During the three-month period ended the first quarter, the global economy continued to recover. In the United States, the recovery trend continued, supported by favourable employment conditions and resilient personal consumption, despite concerns over a recession resulting from prolonged monetary tightening. In Southeast Asia, although concerns over an economic downturn caused by sluggish exports persisted, the economy continued to recover, supported by growth in personal consumption as COVID-19-related activity restrictions were eased. In China, signs of a recovery driven by domestic demand emerged after the shift away from the zero-COVID policy, but the economic slowdown continued owing to sluggish exports and other factors. These developments occurred amid concerns over the prolonged situation in Ukraine and the effects of inflationary pressures.」

「During the nine-month period ended the third quarter, the global economy continued to recover. In the United States, the recovery trend continued, supported by favourable employment conditions and resilient personal consumption, despite growing concerns about a recession caused by interest-rate hikes. In Southeast Asia, personal consumption expanded as activity restrictions were eased, while production activity also picked up. These developments came amid concerns over the prolonged situation in Ukraine and the effects of inflationary pressures, although the economic impact of COVID-19 diminished as economies shifted to living with COVID-19. In China, however, the economic slowdown continued, owing to stagnant consumption following lockdowns in major cities under the zero-COVID policy and the rapid spread of infections after that policy was effectively abandoned, as well as sluggish real estate investment.」

「During the six-month consolidated cumulative period, the impact of the COVID-19 pandemic on the global economy diminished, but concerns remained over the prolonged situation in Ukraine and the effects of inflationary pressure. In the United States, the economy continued to recover on the back of favourable employment conditions and resilient personal consumption. In Southeast Asia, personal consumption grew as activity restrictions were eased, while production activity also accelerated and the economic recovery continued. In contrast, China's economy continued to slow due to the ongoing zero-COVID policy, including lockdowns in major cities, and sluggish real estate investment.」

「During the three-month consolidated cumulative period, the global economy continued to recover in the United States, where personal consumption remained resilient despite persistent inflationary pressure, while in Southeast Asia the economy continued to recover, driven by domestic demand as activity restrictions were eased, despite inflation risks. This occurred amid concern over the prolonged situation in Ukraine and the continuing COVID-19 pandemic.」

「If extreme weather or natural disasters caused by climate change, outbreaks of infectious diseases such as viruses, war, terrorism, disease, social disruption, restrictions arising from public regulations or other events occur, the purchase of raw materials, production and processing, product sales, logistics and other activities in the affected region may be temporarily delayed or suspended.」

「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

「However, if infections spread further, the Group's financial position and business performance could be affected by delayed economic recovery, supply chain disruption and the closure of facilities due to infections among employees.」

「During the six-month consolidated cumulative period, while the global economy was affected by the COVID-19 pandemic, economic recovery continued in China, and signs of partial recovery emerged in the United States and Southeast Asia as economic activity resumed. Overall, however, the economy continued to slow.」

「The Japanese economy remained in a difficult situation as personal consumption deteriorated rapidly in response to requests to suspend business operations and refrain from going out due to the spread of COVID-19, exports declined as the global economy slowed, and corporate earnings also worsened.」

「The spread of the novel coronavirus, which emerged at the beginning of 2020, became widespread worldwide and created a situation that could have a serious impact on the Group's employees and business operations as a whole. Accordingly, the Group established a Crisis Management Committee chaired by the Representative Director and President, issued detailed guidance, including restrictions on business travel, with preventing the spread of infection and safeguarding employee health as its top priorities, and has actively implemented measures across the Group, including working from home through telework and staggered working hours.」

「During the cumulative third-quarter consolidated period, there were no material changes in matters described in this quarterly report concerning the status of the business, financial information and other matters that could materially affect investors' decisions, or in the business and other risks described in the annual securities report for the previous fiscal year.」

「During the nine-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「During the six-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「During the three-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「During the nine-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「During the six-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「During the three-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「If a natural disaster, war, terrorist attack, disease outbreak, social disruption, restrictions arising from public regulations, information system failure or other event occurs, the purchase of raw materials, production and processing, product sales, logistics and other activities in the affected region may be temporarily delayed or suspended, potentially adversely affecting the Group's financial position and business performance.」

「During the nine-month consolidated cumulative period, there were no significant changes in matters relating to the business or financial situation described in this quarterly securities report that could have a material impact on investors' decisions, or in the "Business and Other Risks" described in the securities report for the previous fiscal year. There were no material events or other matters.」

「If a natural disaster, war, terrorist attack, disease outbreak, social disruption, restrictions arising from public regulations, information system failure or other event occurs, the purchase of raw materials, production and processing, product sales, logistics and other activities in the affected region may be temporarily delayed or suspended.」