Geopolitical risks arising from the war between Russia and Ukraine and other factors
First written in FY2023. 1 of 2 entries say "Worsened", first in FY2024. Latest entry: FY2024.
Nippon Shinyaku moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 55 of 97 companies on the "Worse" side.
41 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The global economy during the current consolidated fiscal year remained uncertain, with the risk of an economic downturn increasing as countries tightened monetary policy and geopolitical risks rising, including the situation in Ukraine and the Middle East.」
The description of geopolitical risks was broadened from the previous focus on the war between Russia and Ukraine to rising geopolitical risks, including the situations in Ukraine and the Middle East. - FY2023First statedAnnual report
「Amid a rapidly changing business environment, including fundamental reform of healthcare systems, advances in technological innovation, and the war between Russia and Ukraine, the company is strongly focused on becoming an organization trusted and valued by society as an indispensable business entity in the healthcare sector, in other words, a company with a meaningful role in healthcare, and is working toward that goal.」
The company identified for the first time the war between Russia and Ukraine as a factor contributing to a rapidly changing business environment, alongside healthcare system reform and technological innovation.