Uncertainty Over the Outlook Due to Rising Raw Material Prices, Yen Depreciation and International Conditions
First written in FY2025-H1. 3 of 4 entries say "Worsened", first in FY2025. Latest entry: 2026-08-13.
Mirairo moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 24 of 31 companies on the "Worse" side.
18 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「The rise in prices caused by higher raw material costs and yen depreciation, together with concerns about retaliatory measures by trading partners in response to the tariff policies announced by the United States, has prolonged instability in the international situation, and conditions remain highly uncertain going forward.」
In addition to the previously cited higher raw material costs, yen depreciation and instability in the international situation, the company explicitly refers to concerns about US tariff policies and retaliatory measures. - FY2025-H1First statedAnnual report
「Meanwhile, the rise in prices caused by higher raw material costs and yen depreciation, together with instability in the international situation, has persisted, and conditions remain highly uncertain going forward.」
The company states that higher raw material costs, price inflation caused by yen depreciation and instability in the international situation have persisted, leaving continued uncertainty about the outlook.