Rising geopolitical risks in the Middle East
First written in FY2020-Q2. 4 of 7 entries say "Worsened", first in FY2024. Latest entry: 2026-08-05.
Shinto Paint moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2025: 46 of 82 companies on the "Worse" side.
51 other companies' latest entry also says "Worsened".
- 2026-08-05WorsenedEarnings
「中東地域を中心とした供給網の混乱」
中東地域の情勢が供給網の混乱として事業環境に現れている。 - FY2026WorsenedAnnual report
「In addition, concerns about crude oil supplies intensified against the backdrop of the prolonged situation in Ukraine and a sharp increase in military tensions in the Middle East, particularly surrounding Iran, causing crude oil prices to fluctuate significantly.」
Geopolitical risks in the Middle East materialized in the form of military tensions surrounding Iran, concerns about crude oil supplies, and significant fluctuations in crude oil prices. - 2026-05-12WorsenedEarnings
「中東地域、とりわけイランを巡る軍事的緊張の急激な高まりを背景に、原油供給への懸念が強まり、原油価格は大きく変動しました。」
中東の地政学リスクが、イランを巡る軍事的緊張と原油価格変動として具体化した。 - FY2026-H1RestatedAnnual report
「Meanwhile, the global economy continues to show signs of slowing growth, affected by factors including the prolonged situations in Ukraine and the Middle East and shifts in monetary policy by major countries.」
The prolonged situations in Ukraine and the Middle East, including geopolitical risks, continue to be cited as factors slowing growth in the global economy. - FY2024WorsenedAnnual report
「Economic conditions remain uncertain, owing to factors including concerns about a slowdown in overseas economies as the yen depreciates rapidly and monetary tightening continues in Europe and the United States, persistently high global raw-material and resource prices resulting from the prolonged situation in Ukraine, and expanding geopolitical risks due to escalating conflict between Israel and Palestine.」
The disclosure has moved from a general reference to geopolitical risks in the Middle East to an explicit reference to expanding geopolitical risks resulting from escalating conflict between Israel and Palestine. - FY2020-Q3RestatedAnnual report
「The outlook remains uncertain, with concerns that exports may decline due to factors including prolonged US-China trade friction and rising geopolitical risks in the Middle East.」
Prolonged US-China trade friction and rising geopolitical risks in the Middle East continue to be cited, together with concerns over a decline in exports. - FY2020-Q2First statedAnnual report
「The outlook remains uncertain due to factors including the decline in external demand resulting from the slowdown in the Chinese economy and rising geopolitical risks in the Middle East.」
For the first time, rising geopolitical risks in the Middle East have been explicitly identified, alongside the decline in external demand, as a factor contributing to the uncertain outlook.