Yen Depreciation and Soaring Energy and Raw Material Prices
First written in FY2022. 6 of 12 entries say "Restated". Latest entry: FY2026.
COSMOS Pharmaceutical moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 14 of 20 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the consolidated fiscal year, the economic outlook became even more uncertain as, in addition to inflation-driven price increases, heightened geopolitical risks in the Middle East raised concerns about energy supplies.」
In addition to inflation and rising prices, the company newly highlighted geopolitical risks in the Middle East and concerns about energy supplies, indicating greater uncertainty in the external environment. - 2026-04-13WorsenedEarnings
「Uncertainty about the outlook has increased due to various factors, including rising prices for goods and services resulting from the weaker yen.」
The Company disclosed rising prices for goods and services caused by the weaker yen and greater uncertainty about the outlook. - FY2026-H1WorsenedAnnual report
「Wage growth has failed to keep pace with rising prices for various goods and services, and consumer sentiment remains weak.」
The company explicitly identified wage growth lagging behind price increases and weak consumer sentiment as external risks associated with inflation and rising prices. - FY2025-H1RestatedAnnual report
「Although global inflation appears to be slowing somewhat, prices for various goods and services continue to rise in Japan.」
The company continues to recognize global inflation and rising prices for goods and services in Japan as external risks. - FY2024RestatedAnnual report
「During the consolidated fiscal year, prices for various goods and services rose in Japan amid continued global geopolitical instability and inflation.」
The company continues to recognize global geopolitical instability, inflation, and rising prices for goods and services and living costs as external risks. - FY2024-Q3RestatedAnnual report
「Prices for various goods and services rose in Japan amid continued global geopolitical instability and inflation.」
The company continues to recognize global geopolitical instability, inflation, and rising prices for goods and services as external risks. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter from 1 June 2023 to 30 November 2023, prices for various goods and services rose in Japan amid continued global geopolitical instability and inflation.」
The company continues to recognize global geopolitical instability, inflation, and rising prices for goods and services as external risks. - FY2023RestatedAnnual report
「During the consolidated fiscal year, the Japanese economy remained uncertain due to sharp exchange-rate fluctuations and the impact of the prolonged Russia-Ukraine war, among other factors. In particular, higher energy costs had a significant impact on the Japanese economy as a whole and contributed to rising prices for various goods and services.」
The company continues to identify sharp exchange-rate fluctuations, the Russia-Ukraine war, and higher energy and product prices as external risks. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter from 1 June 2022 to 28 February 2023, the Japanese economy remained uncertain due to sharp exchange-rate fluctuations and the impact of the prolonged Russia-Ukraine war, among other factors. In particular, higher energy costs had a significant impact on the Japanese economy as a whole and contributed to rising prices for various goods and services.」
The company continues to recognize sharp exchange-rate fluctuations, the prolonged Russia-Ukraine war, and higher raw material, crude oil and energy costs as factors making the economic outlook uncertain. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter from 1 June 2022 to 30 November 2022, the Japanese economy remained uncertain, as raw material and crude oil prices rose amid the rapid depreciation of the yen and the impact of the prolonged Russia-Ukraine war, among other factors. In particular, the rise in energy costs had an increasingly significant impact on the Japanese economy as a whole.」
Following the previous fiscal year and the first quarter, the company cited the weaker yen and rising raw material and crude oil prices, and additionally indicated the prolonged Russia-Ukraine war and the expanding impact of higher energy costs. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter from 1 June 2022 to 31 August 2022, the Japanese economy remained uncertain, as raw material and crude oil prices rose amid the rapid depreciation of the yen and the impact of Russia’s invasion of Ukraine, among other factors.」
In addition to the weaker yen and rising energy and raw material prices cited in the previous fiscal year, the company explicitly identified the yen’s rapid depreciation and Russia’s invasion of Ukraine as factors, highlighting greater uncertainty in the external environment. - FY2022First statedAnnual report
「The economic outlook is expected to remain uncertain as inflationary pressure intensifies because of yen depreciation and surging energy and raw-material prices.」
The company newly identified yen depreciation, higher energy and raw-material prices and inflationary pressure as external risks during the fiscal year. It also cited higher electricity costs as a factor increasing selling, general and administrative expenses.