Geopolitical Risks, Including Russia’s Invasion of Ukraine
First written in FY2023-Q1. 3 of 5 entries say "Restated". Latest entry: FY2025-Q1.
Access 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: 45 of 78 companies on the "Worse" side.
36 other companies' latest entry also says "Worsened".
- FY2025-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period (1 February 2024 to 30 April 2024), the global economy was expected to continue on a moderate recovery path, with stable growth anticipated as real incomes rose and inflation slowed, despite downside risks from escalating tensions in the Middle East and uncertainty over the outlook for the Chinese economy.」
In addition to Russia’s invasion of Ukraine and related factors, heightened tensions in the Middle East were newly identified as a downside factor for the economy. - FY2024-Q1RestatedAnnual report
「Concerns about adverse effects on economic activity continue amid the prolonged conflict and, in some regions, high inflation and growing financial instability.」
The situation in which the prolonged conflicts related to the Ukraine crisis and other factors raise concerns about adverse effects on economic activity continues. - FY2023-Q3RestatedAnnual report
「Although soaring raw-material costs, supply-chain disruptions, Russia’s invasion of Ukraine and other destabilizing factors remain, uncertainty about the outlook continues overall.」
Russia’s invasion of Ukraine continued to be cited, together with soaring raw-material costs and supply-chain disruptions, as a factor contributing to uncertainty about the outlook for the global economy. - FY2023-Q2RestatedAnnual report
「The outlook remains uncertain, including as a result of Russia’s invasion of Ukraine.」
Russia’s invasion of Ukraine continued to be cited as a factor contributing to uncertainty about the outlook for the global economy, following the previous quarter. - FY2023-Q1First statedAnnual report
「The outlook remains uncertain, including as a result of Russia’s invasion of Ukraine.」
Russia’s invasion of Ukraine was explicitly identified for the first time as a factor contributing to uncertainty about the outlook for the global economy. The main text does not describe any specific impact on business activities or the emergence of export controls.