Surging Energy and Raw Material Prices, Higher Logistics Costs, and Yen Depreciation Risk
First written in FY2023. 2 of 4 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2019: 11 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026Added Uncertainty Related to Trade Policy and International AffairsAnnual report
「Meanwhile, uncertainty about the outlook continued amid inflation resulting from higher energy and raw material costs, foreign exchange fluctuations, developments surrounding U.S. trade policy, the situation in the Middle East and other persistently tense international conditions.」
U.S. trade policy and the situation in the Middle East were added as specific sources of uncertainty to the existing risks related to surging energy and raw material prices, foreign exchange rates and international conditions. - FY2025RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued amid inflation resulting from higher energy and raw material costs, foreign exchange fluctuations, trends in interest rates in Europe and the United States, and persistently tense international conditions.」
An uncertain business environment resulting from energy and raw material prices, foreign exchange rates, interest rates and international conditions continued. - FY2024RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued amid inflation resulting from higher energy and raw material costs, yen depreciation and increasingly tense international conditions.」
Higher energy and raw material prices, yen depreciation and uncertainty surrounding international conditions continued to be identified as business-environment risks. - FY2023First statedAnnual report
「Although the economy is recovering from the impact of the spread of COVID-19, surging energy and raw material prices, rising logistics costs and the rapid depreciation of the yen are expected to have a significant impact on corporate earnings going forward.」
Energy and raw material prices, logistics costs and rapid yen depreciation were identified for the first time as a standalone theme and as major business and financial risks affecting corporate earnings. Surging prices, rising costs and yen depreciation were described as conditions that had already occurred.