Risk of Higher Resource Prices, Yen Depreciation and Inflation
First written in FY2023-Q3. 4 of 5 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「While economic activity normalized further and personal consumption and inbound demand recovered, uncertainty remained due to inflation resulting from higher resource and raw-material prices amid prolonged geopolitical risks, as well as the potential for higher inflation and long-term interest rates following changes to the Bank of Japan’s monetary policy.」
The Company continues to cite uncertainty from geopolitical risks, resource and raw-material prices, changes in monetary policy and higher long-term interest rates. - FY2024-Q2RestatedAnnual report
「During the first six months (1 March 2023 to 31 August 2023), Japan’s economy remained uncertain. Economic activity continued to normalize and personal consumption improved, but exchange-rate volatility amid prolonged geopolitical risks and inflation caused by higher resource and raw-material prices remained concerns.」
The Company cites continued uncertainty despite normalization of economic activity and improved personal consumption, due to exchange-rate volatility and inflation caused by higher resource and raw-material prices. - FY2024-Q1RestatedAnnual report
「During the first quarter (1 March 2023 to 31 May 2023), Japan’s economy remained uncertain, despite progress toward normalizing economic activity, due to prolonged geopolitical risks, concerns about a global economic recession and anxiety regarding the financial and capital markets.」
The Company states that uncertainty continued despite normalization of economic activity, owing to prolonged geopolitical risks, global recession concerns and financial-market anxiety. - FY2023RestatedAnnual report
「Economic conditions remain uncertain due to inflation resulting from higher resource and energy prices amid Russia’s invasion of Ukraine and the continued depreciation of the yen.」
The Company continues to cite uncertainty caused by higher resource and energy prices, yen depreciation and inflation. - FY2023-Q3First statedAnnual report
「Amid continued uncertainty, concerns remain that higher resource and energy prices resulting from the worsening situation between Russia and Ukraine, together with a rapid depreciation of the yen against the U.S. dollar and other factors, could weaken consumer sentiment.」
The Company cites concerns about weaker consumer sentiment resulting from higher resource and energy prices, rapid yen depreciation against the U.S. dollar and inflation. It states that there have been no material changes to its business risks.