Commodity Price Surges and Semiconductor Shortages Caused by the War in Ukraine and China’s Lockdowns
First written in FY2023-Q1. 5 of 12 entries say "Restated". Latest entry: 2026-10-13.
DOUTOR・NICHIRES Holdings Co.,Ltd. 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 2025: 45 of 80 companies on the "Worse" side.
49 other companies' latest entry also says "Worsened".
- 2026-10-13WorsenedRevision of earnings forecasts
「気候変動による災害の多発や地政学リスクの増大に伴う世界的な物価の高騰に歯止めがかかっていない中」
地政学リスクの増大と世界的な物価高騰の継続が、コモディティ・物価上昇リスクの背景として改めて示されている。 - FY2026RestatedAnnual report
「In addition to increasing geopolitical risks, including the prolonged Russia-Ukraine situation, various international uncertainties, including U.S. tariff policy, have caused commodity prices, including those of energy and grains, to remain elevated.」
The company continues to identify persistently elevated commodity prices against the backdrop of the international situation and U.S. tariff policy as a risk in the external environment. - FY2026-H1WorsenedAnnual report
「Various international factors, including the prolonged Russia-Ukraine situation, conflicts in the Middle East, and U.S. tariff policy, have caused commodity prices, including those of energy and grains, to remain elevated.」
The company indicates that U.S. tariff policy has been newly added to the existing risk of higher commodity prices arising from the international situation, and that commodity prices remain elevated. - FY2025RestatedAnnual report
「Meanwhile, various international factors, including the prolonged Russia-Ukraine situation and the conflict in Gaza, have led to marked increases in the prices of commodities, including energy and grains.」
The disclosure continues to refer to higher commodity prices and rising prices against the backdrop of the prolonged Ukraine situation and the conflict in Gaza. - FY2025-H1RestatedAnnual report
「Meanwhile, various international factors, including the prolonged Russia-Ukraine situation and the conflict in Gaza, have led to marked increases in the prices of commodities, including energy and grains, while exchange-rate trends remain unstable and consumer prices have risen significantly.」
The company indicates that commodity price increases against the backdrop of the international situation, exchange-rate instability, and rising consumer prices are continuing. - FY2025-Q1WorsenedAnnual report
「Meanwhile, various international factors, including the prolonged Russia-Ukraine situation and the conflict in Gaza, have led to marked increases in the prices of commodities, including energy and grains. Together with continued yen depreciation, this has caused prices to rise significantly and increased uncertainty about the outlook.」
The disclosure identifies the Ukraine situation and the conflict in Gaza, and states that commodity price increases became pronounced and prices rose significantly amid yen depreciation. - FY2024-Q3SoftenedAnnual report
「In addition, the rise in prices of commodities, including energy and grains, resulting from various international factors, including the Ukraine situation, as well as the ongoing yen depreciation, has begun to ease.」
The assessment has changed regarding the previous surge in commodity prices and continued yen depreciation, with signs of a calming. Consumer price inflation, however, is continuing. - FY2024-Q2RestatedAnnual report
「Meanwhile, commodity prices, particularly for energy and grain, continued to rise sharply due to various international factors, including the Ukraine situation. Together with the ongoing depreciation of the yen, this gradually pushed up consumer prices and increased uncertainty about the outlook.」
The disclosure continues to refer to soaring commodity prices against the backdrop of the Ukraine situation and other factors, yen depreciation, rising consumer prices, and uncertainty about the outlook. - FY2024-Q1Shift toward higher commodity prices and inflation amid yen depreciationAnnual report
「Meanwhile, commodity prices, including those of energy and grains, rose sharply due to factors including the situation in Ukraine, and prices increased amid the yen's depreciation, heightening uncertainty about the outlook.」
The wording has evolved from the previous focus on commodity shortages to risk wording centered on inflation caused by higher prices for energy, grains and other commodities, yen depreciation, and uncertainty about the outlook. - FY2023-Q3ReframedAnnual report
「The continuation of COVID-19, which remains unpredictable, and various factors including the situation in Ukraine put upward pressure on prices of commodities, including energy and grains, causing corporate prices to rise sharply,」
The risk description has shifted from the previous focus on shortages of commodities and semiconductors to upward pressure on commodity prices and rising corporate and consumer prices. - FY2023-Q2RestatedAnnual report
「In addition, due to various international factors, including the situation in Ukraine, shortages of commodities, including energy and grains, and semiconductors became pronounced, while corporate prices rose sharply, among other developments,」
The company continues to describe shortages of commodities and semiconductors and rising corporate prices against the backdrop of the situation in Ukraine and other factors as external-environment risks. - FY2023-Q1First statedAnnual report
「Meanwhile, shortages of commodities, including energy and grains, and semiconductors became pronounced due to the situation in Ukraine and lockdowns associated with China's zero-COVID policy, while corporate prices rose sharply, among other developments,」
The company describes the external environment, in which shortages of commodities including energy and grains and semiconductors have become pronounced and corporate prices have risen sharply against the backdrop of the situation in Ukraine and China's lockdowns, as a new risk.