Impact of Geopolitical Risks on Business
First written in FY2024-Q3. 2 of 4 entries say "Worsened", first in FY2025. Latest entry: FY2026.
Ly moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 45 of 78 companies on the "Worse" side.
36 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The situation in the Middle East has rapidly deteriorated following attacks on Iran by the United States and Israel in February 2026. In addition, 4 years after Russia's invasion of Ukraine began in February 2022, there is still no visibility on when it will end. Tensions surrounding Taiwan also continue, and the possibility of a contingency involving Taiwan cannot be ruled out.」
Regarding geopolitical risk, the situation in the Middle East, the protracted situation in Ukraine, and the possibility of a contingency involving Taiwan were specifically identified, further clarifying the potential for unpredictable impacts on the business. - FY2025WorsenedAnnual report
「In addition, as a result of unstable international conditions surrounding Ukraine and the Middle East, as well as the possibility that the results of elections held in major countries and regions in 2024 may affect political and economic relations in various ways, not only in Japan but also in regions where the Company operates, the likelihood of unpredictable risks materializing for companies is increasing.」
Regarding geopolitical risk, the Company specified the unpredictability arising from conditions in Ukraine and the Middle East and election results in various countries and regions, and disclosed the potential impacts on its business, performance and reputation. - FY2024RestatedAnnual report
「Regulatory compliance Geopolitical risk Information security Data governance」
The Company reconfirmed its policy of continuing to position 4 items, including geopolitical risk, as Group top risks for fiscal 2024 and addressing and monitoring them as priorities under ERM. - FY2024-Q3First statedAnnual report
「Regulatory compliance / Geopolitical risk」
Geopolitical risk was newly identified alongside regulatory compliance as a Group top risk for fiscal 2024.