Economic and Supply Chain Risks Associated with Russia's Invasion of Ukraine
First written in FY2022-Q2. 9 of 14 entries say "Worsened", first in FY2022-Q3. Latest entry: 2026-10-08.
Kawaguchi Chemical Industry moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- 2026-10-08RestatedEarnings
「Although the logistics disruptions caused by the closure of the Strait of Hormuz showed signs of gradually easing, geopolitical risk remains the greatest economic risk and the outlook continues to be uncertain.」
While the company indicates signs that the logistics disruptions are easing, it maintains that geopolitical risk is the greatest economic risk. - FY2026-H1WorsenedAnnual report
「As the Russia-Ukraine war became prolonged, military conflict between the United States and Iran heightened tensions in the Middle East, the Strait of Hormuz was effectively closed, and supply-chain disruptions occurred.」
The disclosure states that, in addition to the prolonged situation in Ukraine, military conflict between the United States and Iran, heightened tensions in the Middle East, the closure of the Strait of Hormuz and supply-chain disruptions occurred. - FY2025RestatedAnnual report
「During the current consolidated fiscal year, the business environment surrounding our Group remained one in which global conditions maintained steady, albeit modest, growth, supported by expanding AI demand amid growing concerns that the prolonged Russia-Ukraine war, heightened tensions in the Middle East and the Trump tariffs would weigh on the economy.」
While uncertainty related to the situations in Ukraine and the Middle East and the Trump tariffs continues, support for the economy from AI demand is also noted. - FY2025-H1WorsenedAnnual report
「However, uncertainty remained high, and relatively significant downside risks were a concern due to the prolonged property downturn in China, worsening geopolitical turmoil in Ukraine and the Middle East, and downward pressure on the economy from Trump tariffs.」
The geopolitical turmoil in Ukraine, the Middle East and elsewhere was described as having intensified, with new downside concerns arising from the Trump tariffs. - FY2024WorsenedAnnual report
「The business environment surrounding our Group during the current consolidated fiscal year remained uncertain, amid the prolonged situation in Ukraine, geopolitical risks in the Middle East and the continued sluggishness of the Chinese economy.」
The prolonged situation in Ukraine, geopolitical risks in the Middle East and the sluggish Chinese economy were explicitly identified, and the uncertain business environment continues. quantified=false、materialized=false。 - FY2023WorsenedAnnual report
「The business environment surrounding our Group during the current consolidated fiscal year saw a slowdown in the pace of economic recovery, owing to the continued global monetary tightening, the prolonged situation in Ukraine, geopolitical tensions in the Middle East and the sluggish Chinese economy.」
The disclosure describes a slowdown in the pace of economic recovery amid the prolonged situation in Ukraine, heightened geopolitical tensions in the Middle East and the sluggish Chinese economy. - FY2023-Q2RestatedAnnual report
「Meanwhile, Russia's invasion of Ukraine has continued, and resource and energy prices have remained high, along with persistent inflationary pressures.」
The disclosure continues to cite surging resource and energy prices and inflationary pressures associated with the ongoing invasion of Ukraine. - FY2022WorsenedAnnual report
「The business environment surrounding our Group during the current consolidated fiscal year showed a divergence in economic recovery, with Western countries moving to ease or lift restrictions arising from the COVID-19 pandemic while China continued its zero-COVID measures. In addition, with no signs of improvement in the situation in Ukraine, elevated energy prices and inflationary pressures have persisted.」
The disclosure also describes the continued absence of improvement in the situation in Ukraine, persistently elevated energy prices, prolonged inflationary pressures and a divergence in economic recovery caused by China's zero-COVID policy. - FY2022-Q3WorsenedAnnual report
「While economic activity continued to recover from the impact of the COVID-19 pandemic, Russia's invasion of Ukraine became protracted and relations between the United States and China remained tense. Against this backdrop, surging energy and raw-material prices, semiconductor shortages and disruptions to logistics networks intensified, further increasing uncertainty about the outlook.」
The prolonged Russian invasion of Ukraine continued to affect energy and raw-material price increases, semiconductor shortages and logistics disruptions, further increasing uncertainty about the outlook. - FY2022-Q2First statedAnnual report
「During the six-month period ended December 31, while the impact of COVID-19 continued, Russia's invasion of Ukraine further drove up energy and raw material prices, exacerbated the semiconductor shortage and disrupted logistics networks, rapidly increasing uncertainty surrounding future economic activity.」
The disclosure stated that Russia's invasion of Ukraine accelerated increases in energy and raw material prices, semiconductor shortages and logistics disruptions, rapidly increasing uncertainty in economic activity.