Impact on Our Group of Heightened Tensions in the Middle East
Daiki Axis Co.,Ltd. and the Daiki Axis Group
Septic tanks, certain product raw materials and purchased equipment, housing equipment materials, housing equipment, and construction materials
A surge in crude oil prices accompanying rising tensions in the Middle East, disruption centered on petrochemical products, supply chain instability, production delays, and disruption to international logistics networks
There is no disclosure regarding the impact on the earnings forecast. However, with respect to the environmental equipment-related business and housing equipment-related business, the company states that it "considers the impact on results to be limited."
Company response
For certain products and materials, manufacturers have suspended orders and restricted shipments.
The company will closely monitor macroeconomic conditions, including developments in the Middle East, and market trends, while gathering information and working to minimize the impact. If developments are expected to have a material impact on business activities or results, the company will make a timely disclosure.
| Item | Details |
|---|---|
| Event name | Impact on Our Group of Heightened Tensions in the Middle East |
| Subject Entity | Daiki Axis Co.,Ltd. and the Daiki Axis Group |
| Target Locations / Products | Septic tanks, certain product raw materials and purchased equipment, housing equipment materials, housing equipment, and construction materials |
| Cause | A surge in crude oil prices accompanying rising tensions in the Middle East, disruption centered on petrochemical products, supply chain instability, production delays, and disruption to international logistics networks |
| Impact on Earnings Forecast | There is no disclosure regarding the impact on the earnings forecast. However, with respect to the environmental equipment-related business and housing equipment-related business, the company states that it "considers the impact on results to be limited." |
| Suspended operations | For certain products and materials, manufacturers have suspended orders and restricted shipments. |
| Outlook | The company will closely monitor macroeconomic conditions, including developments in the Middle East, and market trends, while gathering information and working to minimize the impact. If developments are expected to have a material impact on business activities or results, the company will make a timely disclosure. |
| Planned follow-up disclosure | If developments are expected to have a material impact on business activities or results, the company will make a timely disclosure. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The reasons cited include a surge in crude oil prices accompanying rising tensions in the Middle East, disruption centered on petrochemical products, supply chain instability, production delays, and disruption to international logistics networks.