Changes in Political and Economic Conditions Overseas
First written in FY2016. 4 of 9 entries say "Restated". Latest entry: 2026-05-13.
Oji Holdings moved to the "Worse" side of this theme in 2026, 5 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 47 of 94 companies on the "Worse" side.
39 other companies' latest entry also says "Worsened".
- 2026-05-13WorsenedRevision of earnings forecasts
「However, the situation in the Middle East may have a certain impact on our business performance. Our forecasts for the next fiscal year incorporate the risk of lower operating income due to higher raw material, fuel and logistics costs, based on the assumption that the situation in the Middle East and elsewhere will subside by the end of June 2026. Assuming that some of the increase will be passed on to product prices, we have factored in a ¥15 billion negative impact on operating income.」
The earnings forecast incorporates a ¥15 billion negative impact on operating income from the risk of higher raw material, fuel and logistics costs, with the situation in the Middle East serving as an assumption. - FY2021MitigatedAnnual report
「The group has established regional headquarters dedicated to gathering information on the political, economic and social conditions of surrounding countries, and works to take proactive measures before risks materialize. It also diversifies risk by expanding its operations across a broad range of countries. In addition, it operates joint ventures with leading local companies to strengthen its information-gathering capabilities, limit investment amounts and reduce risk. In response to financial risks, it secures liquidity on hand as circumstances require by mitigating the impact of exchange-rate fluctuations through derivatives and by using group financing and other measures. With respect to human rights issues, it has established the Oji Group Human Rights Policy, ensures that it is widely communicated and implemented, and undertakes initiatives to respect human rights.」
The response to overseas business risks includes regional headquarters, geographic diversification, joint ventures with local companies, derivatives, group financing and the establishment of a human rights policy. - FY2020MitigatedAnnual report
「The group has established regional headquarters dedicated to gathering information on the political, economic and social conditions of surrounding countries, and works to take proactive measures before risks materialize. It also diversifies risk by expanding its operations across a broad range of countries. In addition, it operates joint ventures with leading local companies to strengthen its information-gathering capabilities, limit investment amounts and reduce risk.」
Specific measures to gather information, limit investment and reduce risk are described, including regional headquarters, geographic diversification and joint ventures with leading local companies. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risks associated with existing businesses, including changes in political and economic conditions overseas. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the fiscal year under review. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risks associated with existing businesses, including changes in political and economic conditions overseas. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risks associated with existing businesses, including changes in political and economic conditions overseas. - FY2017-Q2RestatedAnnual report
「Overseas, although some weak economic indicators have been observed in the United States, the economy continues to recover gradually, and the possibility of a rate hike within the year has been cited. Looking ahead, expectations of a rate hike, unstable crude oil prices, and the UK's EU withdrawal issue, among other factors, are creating uncertainty.」
The disclosure continues to identify overseas economic conditions, interest-rate hikes, crude oil prices, and the UK's EU withdrawal issue as sources of uncertainty. - FY2017-Q1WorsenedAnnual report
「Overseas, the U.S. economy has generally remained firm and the European economy has also been recovering gradually. Looking ahead, concerns about economic slowdowns in emerging and resource-producing countries, geopolitical risks in various regions, and the uncertain impact of the UK's decision to leave the EU are creating uncertainty.」
The disclosure identifies concerns about slowdowns in emerging and resource-producing countries, geopolitical risks, and the UK's decision to leave the EU as specific uncertainties affecting overseas political and economic conditions. - FY2016First statedAnnual report
「Changes in political and economic conditions overseas may adversely affect existing projects overseas and future plans.」
The impact on overseas projects and future plans is described as a risk associated with overseas expansion.