Heightened Geopolitical Risks Overseas
First written in FY2018-Q1. 7 of 15 entries say "Restated". Latest entry: FY2027-H1.
C.Uyemura & moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 54 of 93 companies on the "Worse" side.
45 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, Japan's economy showed signs of a moderate recovery, supported by improvements in employment and income conditions. However, the outlook remained uncertain due to the increasing geopolitical risks, including the situation in the Middle East, and volatility in financial and capital markets.」
The Company presents both the moderate economic recovery trend and the uncertain outlook resulting from geopolitical risks, including the situation in the Middle East, and volatility in financial and capital markets. - 2026-08-07RestatedResults
「雇用・所得環境の改善を背景として、景気の緩やかな回復基調が見られた一方で、中東情勢をはじめとする地政学的リスクの高まりや金融資本市場の変動等の影響により、景気の先行きは依然として不透明な状況が続きました。」
中東情勢を含む地政学的リスクを景気先行きの不透明要因として継続して記載している。 - FY2026WorsenedAnnual report
「During the current fiscal year, Japan's economy showed signs of a moderate recovery against a backdrop of improving employment and income conditions. However, the outlook remained uncertain due to the increasing risk of an economic downturn resulting from U.S. trade policy, continued price inflation, higher energy prices stemming from the situation in the Middle East, and volatility in the financial and capital markets.」
In addition to the previously cited geopolitical risks, resource prices, and yen depreciation, higher energy prices resulting from the situation in the Middle East have been explicitly identified as a factor making the outlook uncertain. - 2026-05-13RestatedRevision to earnings forecast
「During the current fiscal year, Japan's economy showed signs of a moderate recovery against a backdrop of improving employment and income conditions. However, the outlook remained uncertain due to the increasing risk of an economic downturn resulting from U.S. trade policy, continued price inflation, higher energy prices stemming from the situation in the Middle East, and volatility in the financial and capital markets.」
米国通商政策、中東情勢、エネルギー価格、金融資本市場の変動を含む海外・地政学的な不透明要因を継続して記載している。 - FY2024-Q3WorsenedAnnual report
「During the first nine months of the current fiscal year, Japan's economy remained on a gradual recovery track as social and economic activity normalized. However, the outlook for Japan's economy remained uncertain due to the prolonged situation in Russia and Ukraine, worsening conditions in the Middle East, globally elevated resource prices, and higher prices resulting from yen depreciation.」
In addition to the previously cited situations in Russia and Ukraine, surging resource prices, and yen depreciation, worsening conditions in the Middle East have newly been identified as a factor making the economic outlook uncertain. - FY2024-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan's economy showed signs of normalizing social and economic activity as restrictions related to COVID-19 were eased. However, the outlook for the Japanese economy remained uncertain due to the prolonged Russia-Ukraine situation, soaring global resource prices and rising prices resulting from the weaker yen, among other factors.」
The prolonged situation in Russia and Ukraine, surging resource prices, and yen depreciation continue to be cited as factors making the economic outlook uncertain. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy showed signs of normalizing social and economic activity as restrictions related to COVID-19 were eased. However, the outlook for the Japanese economy remained uncertain due to the prolonged Russia-Ukraine situation, soaring global resource prices and rising prices resulting from the weaker yen, among other factors.」
The prolonged situation in Russia and Ukraine, surging resource prices, and yen depreciation continue to be cited as factors making the economic outlook uncertain. - FY2023-Q3WorsenedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to face an uncertain outlook. Although efforts to balance COVID-19 infection control with economic activity progressed, resource and raw material prices rose due to the prolonged situation in Ukraine, supply constraints continued in China due to its zero-COVID policy, and rapid foreign exchange fluctuations also occurred.」
In addition to the situation in Ukraine and surging resource prices cited previously, supply constraints resulting from China's zero-COVID policy and rapid exchange-rate fluctuations have also been cited as factors making the economic outlook uncertain. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current fiscal year, Japan's economy continued to face an uncertain outlook. Although efforts to balance COVID-19 infection control with economic activity progressed, concerns remained over the impact of lockdowns that continued in major Chinese cities, including Shanghai, and the situation in Ukraine. In addition to soaring resource prices and supply constraints, the rapid depreciation of the yen also contributed to the uncertainty.」
In addition to the situation in Ukraine and surging resource prices, which had been cited previously, lockdowns in major Chinese cities, supply constraints, and the rapid depreciation of the yen have also been cited as factors making the economic outlook uncertain. - FY2022WorsenedAnnual report
「The outlook for Japan's domestic economy is extremely uncertain due to concerns about the spread of COVID-19 and the continuing impact of U.S.-China security issues, as well as the situation in Russia and Ukraine, which may drive up the prices of resources such as nickel and palladium and negatively affect the global economy.」
In addition to the U.S.-China security issues previously cited, the situation in Russia and Ukraine, surging resource prices, and negative effects on the global economy have been explicitly identified as specific geopolitical risks. - FY2021ReframedAnnual report
「The outlook for Japan's domestic economy remains uncertain due to economic stagnation caused by the effects of COVID-19 and U.S.-China national security issues.」
The wording has become more specific, changing from general geopolitical risks overseas to explicit references to U.S.-China security issues. - FY2018RestatedAnnual report
「During the current fiscal year, Japan's economy showed signs of a moderate recovery, supported by improvements in employment and income conditions. However, the outlook remained uncertain due to the increasing risk of an economic downturn resulting from U.S. trade policy, continued price inflation, higher energy prices stemming from the situation in the Middle East, and volatility in the financial and capital markets.」
The disclosure cites both concerns about geopolitical risks and moderate global economic growth and Japan's economic recovery. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy remained on a recovery track. Although rising geopolitical risks overseas and other factors were a concern, signs of moderate growth were seen in the global economy, led by the solid U.S. economy, and improvements in employment and income conditions continued.」
Concerns about geopolitical risks overseas persist, but moderate global economic growth and Japan's economic recovery are also cited, with no substantive change from the previous quarter. - FY2018-Q2SoftenedAnnual report
「During the first six months of the current fiscal year, Japan's economy remained on a recovery track. Although rising geopolitical risks overseas and other factors were a concern, signs of moderate growth were seen in the global economy, led by the solid U.S. economy, and improvements in employment and income conditions continued.」
Although concerns about geopolitical risks overseas remain, the disclosure also cites moderate global economic growth and Japan's economic recovery, while the description of the economic environment is less positive than in the previous quarter. - FY2018-Q1First statedAnnual report
「During the first quarter of the current fiscal year, Japan's economy remained on a moderate recovery path as employment and income conditions continued to improve. However, the outlook for the economy remained uncertain due to rising geopolitical risks overseas and concerns over a slowdown in emerging-market economies, including China.」
The company has for the first time identified rising geopolitical risks overseas as a factor making the economic outlook uncertain.