Cost increases and outlook concerns driven by soaring crude oil prices and exchange-rate volatility
First written in FY2022-Q2. 5 of 7 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 8 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued due to concerns about the impact on economic activity of soaring raw-material and energy prices and rapid foreign exchange movements against a backdrop of an unstable international situation.」
The Company reconfirmed concerns about the impact on economic activity of soaring raw-material and energy prices and rapid foreign exchange movements, as well as uncertainty about the outlook. - FY2024WorsenedAnnual report
「In addition, the outlook for the Japanese economy has become uncertain due to rapid foreign exchange movements, soaring resource prices, political instability associated with conflicts in Eastern Europe and the Middle East, continued high inflation and rapid monetary tightening, particularly in advanced Western economies.」
In addition to the previous concerns over foreign exchange rates, energy prices, and monetary tightening, the Company explicitly identified conflicts including in the Middle East, rapid foreign exchange movements, and persistent high inflation as economic-environment risks. - FY2024-Q2RestatedAnnual report
「Meanwhile, the economic outlook in Japan and overseas remained uncertain due to soaring energy and raw-material prices resulting from the prolonged Russia-Ukraine situation, global monetary tightening, the continued depreciation of the yen, and rising consumer prices.」
While noting a gradual recovery trend as social and economic activity normalizes, the Company reconfirmed uncertainty about the outlook due to energy and raw-material prices, monetary tightening, yen depreciation, and rising prices. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, Japan's economy showed signs of improvement in current business conditions due to progress in vaccinations against COVID-19 and improvements in economic activity. However, concerns about an economic recession caused by rapid monetary tightening and other factors have increased, and the economic outlook in Japan and overseas remains uncertain.」
The company is reaffirming the same uncertainty surrounding the economic outlook as in the previous quarter, including improvements in economic activity and concerns about an economic recession caused by rapid monetary tightening and other factors. - FY2022RestatedAnnual report
「During the consolidated fiscal year, the Japanese economy remained a concern going forward due to the impact of a renewed increase in COVID-19 cases, higher costs resulting from soaring crude oil prices and other factors, and the impact of foreign exchange movements.」
The Company reconfirmed the renewed increase in COVID-19 cases, higher costs resulting from soaring crude oil prices, and concerns about the outlook due to foreign exchange movements as business-environment factors. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, the Japanese economy remained a concern going forward due to the impact of a renewed increase in COVID-19 cases, higher costs resulting from soaring crude oil prices and other factors, and the impact of foreign exchange movements.」
The Company continued to describe the renewed increase in COVID-19 cases, higher costs resulting from soaring crude oil prices and other factors, and foreign exchange movements as business-environment concerns affecting the outlook. - FY2022-Q2First statedAnnual report
「Meanwhile, in Japan's internet advertising market, where our group operates, the impact of COVID-19 eased, and internet advertising expenditure in 2021 rose 21.4% year on year to ¥2.7052 trillion (Dentsu Inc., Advertising Expenditures in Japan 2021), maintaining a consistently high growth rate.」
The Company newly stated its view of the business environment that the outlook for the Japanese economy was a concern due to higher costs resulting from soaring crude oil prices and other factors, as well as the impact of foreign exchange movements.