The Situation in Ukraine and Geopolitical Risks
First written in FY2022. 8 of 14 entries say "Restated". Latest entry: 2026-11-13.
Sanwayuka Industry moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 56 of 99 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026ReframedAnnual report
「Although a gradual recovery in China is expected as policies to address the property downturn are strengthened, uncertainty persists owing to elevated energy prices, disruption to corporate activity caused by US and European tariffs on China, unstable foreign-exchange markets, the Iran issue and other factors.」
The description has shifted from the prolonged situation in Ukraine and the Middle East to factors contributing to uncertainty in the global economy, including China policy, tariffs on China, foreign exchange rates and issues involving Iran. - 2026-05-15WorsenedEarnings presentation
「自国主義を背景にした地政学リスクが高まり、先行きの不透明感が増加」
従来の個別情勢にとどまらず、自国主義を背景とする地政学リスクの高まりと不透明感の増加を示している。 - FY2025-H1WorsenedAnnual report
「Although the US economy remained firm during the interim consolidated accounting period, uncertainty about the outlook continued amid the slowdown in the Chinese economy, stagnation in the euro area economy, the prolonged situation in Ukraine and concerns about the impact on energy prices from escalating tensions in the Middle East.」
In addition to the prolonged situation in Ukraine, the Company newly identifies concerns about the impact on energy prices from escalating tensions in the Middle East, broadening the scope of geopolitical risks. - FY2024-Q3RestatedAnnual report
「Geopolitical risks associated with persistently tense US-China relations and the prolonged situation in Ukraine and Russia」
The prolonged situation in Ukraine and Russia continues to be cited as a geopolitical risk. - FY2024-Q2RestatedAnnual report
「Uncertainty about the outlook continues, with concerns about a recession arising from the sluggish Chinese property market and global monetary tightening, in addition to geopolitical risks associated with persistently tense US-China relations and the prolonged situation in Ukraine and Russia.」
The prolonged situation in Ukraine and Russia continues to be cited as a geopolitical risk, while recession concerns are described in connection with the sluggish Chinese property market and monetary tightening. - FY2023RestatedAnnual report
「Although the global economy during the fiscal year shifted from responding to the COVID-19 pandemic toward a greater focus on economic activity, concerns remain about a possible recessionary phase against the backdrop of the prolonged situation in Ukraine and Russia, advancing inflation in resources and energy and other areas, global monetary tightening and other factors.」
The prolonged situation in Ukraine and Russia continues to be identified, alongside inflation and monetary tightening, as a factor contributing to recession concerns and uncertainty. - FY2023-Q3RestatedAnnual report
「Although the global economy during the nine-month period ended September 30 was moving from responses to the COVID-19 pandemic toward a greater focus on economic activity, concerns remain about a possible recessionary phase against the backdrop of the prolonged situation in Ukraine and Russia, surging resource prices, global monetary tightening and other factors.」
The prolonged situation in Ukraine and Russia continues to be cited as a source of uncertainty for the global economy. - FY2023-Q2RestatedAnnual report
「In addition to surging resource prices, the prolonged situation in Ukraine and Russia and concerns about a slowdown in the global economy against the backdrop of global monetary tightening and other factors have further increased uncertainty about the outlook.」
The prolonged situation in Ukraine and Russia continues to be cited as a source of uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「In addition to surging resource prices, prolonged developments in Ukraine and the strengthening of economic sanctions against Russia and other factors have further increased uncertainty about the outlook.」
The description of the situation in Ukraine has progressed from escalation to prolongation, and the strengthening of economic sanctions against Russia is also identified as a source of uncertainty. - FY2022First statedAnnual report
「Close attention must also be paid to geopolitical risks, including trade friction led by the United States and China and escalating tensions over the situation in Ukraine, as well as soaring resource prices and procurement risks.」
The Company identifies, for the first time, the escalating situation in Ukraine as a geopolitical and procurement risk, alongside trade friction and surging resource prices.