Uncertainty in the Global Economy Due to the Situation in Ukraine and Other Factors
First written in FY2022. 7 of 13 entries say "Restated". Latest entry: 2026-09-08.
The whole theme swung hardest in 2022: 46 of 79 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The business environment surrounding the Group remained uncertain, amid prolonged geopolitical risks, a stagnating Chinese economy and persistently high prices for raw materials and other items, although inflationary pressure was trending lower.」
Uncertainty about the outlook continued due to prolonged geopolitical risks, stagnation in the Chinese economy and persistently high raw material prices. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, the global economy recovered only gradually. The effects of monetary tightening in various countries on curbing inflationary pressure were gradually emerging, but the recovery was also affected by prolonged geopolitical risks and economic stagnation in China.」
Although the effects of monetary tightening in curbing inflationary pressure were beginning to emerge, the global economic recovery was described as gradual due to prolonged geopolitical risks and stagnation in the Chinese economy. It was stated that there had been no significant changes in business and other risks, reconfirming the continuation of external-environment risks. - FY2024-Q3WorsenedAnnual report
「During the third-quarter consolidated cumulative period, prolonged and intensifying geopolitical risks and persistently high resource prices continued. In addition, economic activity in Europe stagnated due to the effects of monetary tightening, while concerns about the outlook for the Chinese economy grew, triggered by weakness in the real estate market. The outlook therefore remained uncertain.」
In addition to prolonged and intensifying geopolitical risks and persistently high resource prices, monetary tightening in Europe and concerns about the outlook for the Chinese economy were identified. New deterioration factors were added to the existing external-environment risks, and uncertainty about the outlook continued. - FY2024-Q2WorsenedAnnual report
「During the second-quarter consolidated cumulative period, concerns about an economic downturn increased due to prolonged geopolitical risks, soaring resource prices and the effects of monetary tightening policies, primarily in Europe and the US.」
In addition to prolonged geopolitical risks and soaring resource prices, monetary tightening policies, primarily in Europe and the US, were specifically identified, and concerns about an economic downturn were reported to have increased. Compared with the uncertainty about the outlook described through the previous fiscal year, deterioration in the external environment was presented more specifically. - FY2024-Q1RestatedAnnual report
「During the first-quarter consolidated cumulative period, the business environment surrounding the company remained uncertain, due to rising geopolitical risks, soaring resource prices, supply chain disruptions and other factors.」
Uncertainty about the economic outlook due to geopolitical risks, soaring resource prices and supply chain disruptions continued. No significant structural changes were indicated in the external-environment risks described through the previous consolidated fiscal year. - FY2023WorsenedAnnual report
「The business environment surrounding the company is expected to remain uncertain in Japan and overseas due to the effects of geopolitical risks, including US-China trade friction, soaring raw material and energy prices, high inflation and rising interest rates, even as the social impact of COVID-19 continues to ease.」
Geopolitical risks, soaring raw material and energy prices, high inflation and rising interest rates were specifically identified as factors contributing to uncertainty. Although the social impact of COVID-19 was easing, the range of external-environment risks had expanded. - FY2023-Q3RestatedAnnual report
「During the third-quarter consolidated cumulative period, the business environment surrounding the Company remained uncertain due to geopolitical issues in various parts of the world, surging resource prices, inflation and other factors, even as the social impact of COVID-19 was gradually easing.」
Although the social impact of COVID-19 was easing, uncertainty about the outlook continued due to geopolitical issues in various parts of the world, soaring resource prices and inflation. No significant structural changes were indicated in the geopolitical and resource-price-related risks described through the previous quarter. - FY2023-Q2RestatedAnnual report
「During the second-quarter consolidated cumulative period, the global economy, led by the US economy, was on a recovery trend, but the outlook remained uncertain due to geopolitical issues in various parts of the world, soaring resource prices, supply chain disruptions and other factors.」
Although the global economy showed signs of recovery, uncertainty about the outlook continued due to geopolitical issues in various parts of the world, soaring resource prices and supply chain disruptions. No significant changes in the risks described in the previous quarter were indicated. - FY2023-Q1WorsenedAnnual report
「During the first-quarter consolidated cumulative period, the business environment surrounding the company remained uncertain, due to rising geopolitical risks related to the situation in Ukraine and other factors, soaring resource prices, supply chain disruptions and other factors.」
The uncertainty arising from the situation in Ukraine and other factors, first recorded in FY2022, was expressed more strongly this time as rising geopolitical risk, with soaring resource prices and supply chain disruptions also listed. - FY2022First statedAnnual report
「The business environment surrounding the company is expected to remain uncertain in Japan and overseas due to the effects of the US-China trade friction, the resurgence of COVID-19 infections and the situation in Ukraine, among other factors.」
The situation in Ukraine was recorded independently for the first time as a factor contributing to economic uncertainty, in addition to the existing US-China trade friction and infectious diseases.