Higher raw material prices due to the situation in Ukraine and yen depreciation
First written in FY2023-Q1. 6 of 11 entries say "Worsened", first in FY2023-Q2. Latest entry: 2026-08-07.
Bml 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 2025: 10 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- 2026-08-07RestatedResults
「しかしながら、中東情勢や金融資本市場の変動の影響などにも注意する必要があります。」
中東情勢と金融資本市場の変動を外部環境リスクとして再確認した。 - FY2026WorsenedAnnual report
「Japan’s economy during the consolidated fiscal year continued on a gradual recovery trend, supported by improvements in employment and income conditions and the effects of various policies. However, amid an unstable international situation caused by geopolitical risks related to Russia and Ukraine, developments in the Middle East and US policy trends, concerns remain over persistently high raw material prices and energy costs, and the outlook is expected to remain uncertain.」
The company explicitly identified Russia and Ukraine, developments in the Middle East, US policy trends and persistently high raw material prices and energy costs as external-environment risks. - FY2026-H1ReframedAnnual report
「Japan’s economy during the interim consolidated accounting period continued on a gradual recovery trend, supported by improvements in employment and income conditions and the effects of various policies. However, attention must be paid to the risk of an economic downturn caused by the impact of US trade policy.」
With regard to external-environment risks, the company explicitly identified the risk of an economic downturn caused by US trade policy, in addition to the previously cited geopolitical risks, monetary tightening and raw material prices. - FY2025WorsenedAnnual report
「Japan’s economy during the consolidated fiscal year continued on a gradual recovery trend, supported by improvements in employment and income conditions and the effects of various policies. However, amid an unstable international situation caused by geopolitical risks related to Russia and Ukraine, developments in the Middle East and US policy trends, concerns remain over persistently high raw material prices and energy costs, and the outlook is expected to remain uncertain.」
In addition to the previously cited risks related to overseas economies, prices and financial markets, the company explicitly identified Russia and Ukraine, developments in the Middle East and US policy trends, broadening the scope of its geopolitical and policy risks. - FY2025-H1RestatedAnnual report
「However, a downturn in overseas economies, including the impact of persistently high interest rates in Europe and the United States and the continued stagnation of China’s property market, poses a risk of putting downward pressure on Japan’s economy. Close attention must also be paid to the impact of rising prices, developments in the Middle East and volatility in financial and capital markets.」
The company continues to cite external-environment risks including persistently high interest rates, stagnation in China’s property market, rising prices, developments in the Middle East and volatility in financial and capital markets. - FY2024-Q3WorsenedAnnual report
「However, a downturn in overseas economies, including the impact of global monetary tightening and concerns over the outlook for the Chinese economy, poses a risk of putting downward pressure on Japan’s economy. Close attention must also be paid to the impact of rising prices, developments in the Middle East and volatility in financial and capital markets.」
In addition to the previously cited monetary tightening, overseas economic conditions, rising prices and financial-market volatility, the company explicitly identified developments in the Middle East as an external-environment risk. - FY2024-Q2WorsenedAnnual report
「However, a downturn in overseas economies, including the impact of global monetary tightening and concerns over the outlook for the Chinese economy, poses a risk of putting downward pressure on Japan’s economy. Close attention must also be paid to the impact of rising prices and volatility in financial and capital markets.」
In addition to the previously cited monetary tightening and rising prices, the company explicitly identified concerns over the outlook for the Chinese economy and broadened the external-environment risks to include a downturn in overseas economies and volatility in financial and capital markets. - FY2024-Q1WorsenedAnnual report
「Meanwhile, central banks in countries mainly in Europe and the United States have continued tightening monetary policy to address global inflation caused by higher resource and raw material prices, increasing the risk of a downturn in overseas economies.」
The company stated that monetary tightening continues in various countries in response to global inflation caused by higher resource and raw material prices, increasing the risk of a downturn in overseas economies. - FY2023-Q3ReframedAnnual report
「However, close attention must be paid to the impact of a downturn in overseas economies against the backdrop of global monetary tightening, rising prices, supply-side constraints and volatility in financial and capital markets, and the outlook remains uncertain.」
The description has expanded from the previous focus on yen depreciation and higher raw material costs to broader economic-environment risks, including a downturn in overseas economies, rising prices, supply constraints and volatility in financial and capital markets. - FY2023-Q2WorsenedAnnual report
「However, the outlook remains uncertain, owing to concerns over a downturn in overseas economies against the backdrop of global monetary tightening, as well as higher energy and raw material costs resulting from yen depreciation.」
In addition to the previously cited yen depreciation and higher raw material prices, the company identified global monetary tightening and concerns over a downturn in overseas economies as external-environment risks. - FY2023-Q1First statedAnnual report
「The outlook remains uncertain due to higher raw material prices resulting from the prolonged situation in Ukraine and yen depreciation, among other factors.」
The company identified, for the first time, higher raw material prices caused by the prolonged situation in Ukraine and yen depreciation as factors contributing to uncertainty in the economic environment.