Disruptions to raw material procurement due to disasters, overseas policies and geopolitical risks

「一方で、中東情勢に伴う原材料価格や調達環境の変動リスク、生産計画の変更可能性及び顧客需要動向等、不確実な要素が依然として存在しております。」

「If changes in the market environment surrounding each business, renewed increases in raw material and energy prices resulting from instability in the Middle East, including the situation in Iran, logistics disruptions, geopolitical risks, US administration policy developments or domestic and overseas economic conditions disrupt the continuity of the Group’s production, logistics, sales or other business activities, the Group’s business results and financial condition could be affected.」

「During the interim consolidated accounting period, Japan’s economy showed signs of recovery due to improvements in employment and income conditions and an increase in the number of visitors to Japan. However, overseas conditions remained unsettled due to the tariff policies of the Trump administration in the United States and conflicts in the Middle East and Ukraine, and the outlook for domestic and overseas economies remained uncertain.」

「Meanwhile, the global economy remains uncertain due to the slowdown in China’s economy, the situation in the Middle East and volatility in the financial and capital markets.」

「If disasters or accidents affecting suppliers, overseas policies including those in China, US-China trade friction, or heightened geopolitical risks in the Middle East, Ukraine and elsewhere disrupt the procurement of raw materials, production activities could be suspended and other effects could occur, potentially affecting the Group’s business results and financial condition.」

「During the third quarter of the fiscal year under review, Japan’s economy continued to recover moderately as personal consumption and capital investment picked up. However, the global economy remained uncertain due to higher prices for raw materials and fuel and energy resulting from the situation in Ukraine and elsewhere, and the slowdown in China’s economy.」

「Meanwhile, the global economy remains uncertain, with higher prices for raw materials and fuel and energy and foreign exchange fluctuations resulting from the prolonged tensions surrounding Ukraine.」

「Meanwhile, the global economy remains uncertain, with higher prices for raw materials and fuel and energy and foreign exchange fluctuations resulting from the prolonged tensions surrounding Ukraine.」

「In the global economy, uncertainty about the outlook increased due to heightened tensions surrounding Ukraine, higher prices for raw materials and fuel and energy, and foreign exchange fluctuations.」

「In the global economy, uncertainty about the outlook increased due to heightened tensions surrounding Ukraine, higher prices for raw materials and fuel and energy, and foreign exchange fluctuations.」

「In the global economy, uncertainty about the outlook increased due to heightened tensions surrounding Ukraine, supply chain disruptions caused by lockdowns in China, higher prices for raw materials and fuel and energy, and foreign exchange fluctuations.」

「If disasters or accidents affecting suppliers, overseas policies including those in China, US-China trade friction, or heightened geopolitical risks in Ukraine and elsewhere disrupt the procurement of raw materials, production activities could be suspended and other effects could occur, potentially affecting the Group’s business results and financial condition.」