Higher Procurement Costs and Product Supply Suspensions Due to Geopolitical Risks
First written in FY2023. 4 of 7 entries say "Worsened", first in FY2025-H1. Latest entry: 2026-08-07.
Rasa moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
4 other companies' latest entry also says "Materialised".
- 2026-08-07MaterialisedEarnings
「Some of the raw materials handled by the Company were affected by longer delivery times resulting from tighter Chinese export controls. As a result, sales in the related businesses were ¥1.379 billion, down ¥48 million, or 3.4%, from the same quarter of the previous fiscal year.」
Tighter Chinese export controls resulted in longer delivery times for raw materials, affecting actual trading conditions and leading to lower sales and profit in the resources and metal materials business. - FY2026WorsenedAnnual report
「Geopolitical risks have increased further due to factors including intensifying US-China tensions, the situation involving Russia and Ukraine, and heightened tensions in the Middle East, as well as surging energy and raw material prices. Attention is focused on the impact on corporate activities as countries implement measures to address high crude oil prices, inflation, and product shortages or delays.」
Regarding geopolitical risks, the company cited US-China tensions, the situation involving Russia and Ukraine, and the situation in the Middle East, and indicated the possibility of higher energy and raw material prices as well as product shortages and delays. - 2026-05-14WorsenedEarnings
「In the resources and metal materials business and the chemical products business, the destabilization of the international situation has increased uncertainty regarding both demand for and the supply of the products handled by the Company.」
The destabilization of the international situation increased uncertainty surrounding demand for and the supply of the products handled by the Company. - FY2026-H1MaterialisedAnnual report
「Market prices for some of the raw materials handled by the company have continued to rise due to China's export restrictions. Revenue in the related segment was ¥322.9 million, an increase of ¥38.0 million (13.4%) from the same period of the previous year.」
China's export restrictions materialized in the actual trading environment as higher market prices for some raw materials, contributing to higher revenue in the chemicals-related business. - FY2025WorsenedAnnual report
「The group imports mineral products, primarily zircon sand, and other materials, and also imports some machinery related to environmental facilities. Changes in the global supply-demand environment caused by economic conditions and geopolitical risks in various countries may affect logistics and the supply chain, potentially driving up the group's procurement costs. Geopolitical risks and supplier accidents may also prevent the group from fulfilling its responsibility to supply products.」
Regarding geopolitical risks, the company specified, in connection with imports of mineral products and environmental equipment machinery, the possibility of higher procurement costs as well as an inability to fulfill its responsibility to supply products. - FY2025-H1WorsenedAnnual report
「Meanwhile, uncertainty about the outlook continues, with concerns about the situation in the Middle East and the impact of the stagnation in China's real estate market.」
Regarding geopolitical and overseas risks, the situation in the Middle East and the stagnation of China's real estate market were identified as new areas of concern. - FY2023First statedAnnual report
「The impact of geopolitical risks on corporate activities has attracted attention, including Russia's invasion of Ukraine in 2022 and the resulting concerns about energy supplies in Europe, as well as growing US-China tensions over issues including Taiwan.」
The company newly disclosed the potential impact of geopolitical risks and supplier accidents on logistics and supply, as well as the possibility of higher procurement costs, for imported mineral products and machinery.