Uncertainty over the outlook due to supply chain disruptions, financial market volatility, rising resource prices, and the situation in Ukraine
First written in FY2023-Q1. 9 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 22 of 48 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Uncertainty remains in domestic and overseas economic conditions, including prolonged high-interest-rate environments in Europe and the United States, stagnation in China's property market, instability in the Middle East, resource price volatility and sharp foreign exchange fluctuations.」
It continues to identify high interest rates, the Chinese economy, geopolitics, resource prices and foreign exchange volatility as risks in the operating environment that make the outlook uncertain. - FY2026-H1RestatedAnnual report
「However, the outlook remains uncertain due to the impact of continued price increases on personal consumption and US trade policy, among other factors.」
It continues to describe the uncertainty in the economic environment caused by rising prices and US trade policy. - FY2025-H1RestatedAnnual report
「However, the outlook remains uncertain due to persistently high interest rates in Europe and the United States, continued stagnation in China's property market, rising prices, developments in the Middle East and volatility in financial and capital markets.」
It continues to describe the uncertainty in the economic environment caused by high interest rates, stagnation in China's property market, rising prices, the situation in the Middle East and financial market volatility. - FY2025-Q1RestatedAnnual report
「However, the outlook remains uncertain due to concerns about the impact of a slowdown in overseas economies, including foreign exchange volatility resulting from the rapid depreciation of the yen, global monetary tightening and concerns about the outlook for the Chinese economy.」
It continues to describe the uncertainty in the economic environment caused by yen depreciation, monetary tightening and concerns about the outlook for the Chinese economy. - FY2024-Q3RestatedAnnual report
「However, the outlook remains uncertain due to concerns about the impact of an economic slowdown caused by prolonged geopolitical risks, rising resource and raw material prices, foreign exchange volatility resulting from the rapid depreciation of the yen, and policy rate hikes accompanying global inflation.」
It continues to identify concerns about an economic slowdown caused by geopolitics, resource and raw material prices, yen depreciation, inflation and policy rate hikes as risks in the operating environment. - FY2024-Q2RestatedAnnual report
「However, the outlook remains uncertain due to concerns about the impact of an economic slowdown caused by prolonged geopolitical risks, rising resource and raw material prices, foreign exchange volatility resulting from the rapid depreciation of the yen, and policy rate hikes accompanying global inflation.」
It continues to identify geopolitics, resource prices, yen depreciation, inflation and policy rate hikes as risks in the operating environment that make the outlook uncertain. - FY2024-Q1RestatedAnnual report
「In the global economy, concerns remain about an economic downturn caused by the failure of financial institutions and persistently high interest rates in the United States, while uncertainty about the outlook continues due to rising resource prices resulting from Russia's ongoing invasion of Ukraine, among other factors.」
It continues to identify financial institution failures, persistently high interest rates, concerns about an economic downturn, rising resource prices and the situation in Ukraine as sources of uncertainty in the operating environment. - FY2023-Q3RestatedAnnual report
「In addition to the renewed spread of infections caused by variants, unprecedented uncertainty about the outlook continues due to concerns about a global economic downturn, global supply chain disruptions, rising resource prices and the situation in Ukraine, among other factors.」
It continues to identify the renewed spread of infections, concerns about an economic downturn, supply chains, resource prices and the situation in Ukraine as risks in the operating environment. - FY2023-Q2RestatedAnnual report
「In addition to the renewed spread of infections caused by variants, unprecedented uncertainty about the outlook continues due to global supply chain disruptions, changes in financial and capital markets, rising resource prices and the situation in Ukraine, among other factors.」
It continues to identify the renewed spread of infections, supply chains, financial markets, resource prices and the situation in Ukraine as sources of uncertainty in the operating environment. - FY2023-Q1First statedAnnual report
「In addition to the renewed spread of infections caused by new variants, unprecedented uncertainty about the outlook continues due to global supply chain disruptions, volatility in financial and capital markets, rising resource prices and the situation in Ukraine, among other factors.」
For the operating environment during the quarter, it brings together for the first time the uncertainty surrounding supply chains, financial markets, resource prices and geopolitical conditions, in addition to the renewed spread of infections.