Business Environment Uncertainty Driven by US Tariff Policy and Geopolitical Risks
First written in FY2026-H1. 2 of 4 entries say "Materialised", first in 2026-05-11. Latest entry: FY2026.
JX Advanced Metals moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
16 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the current period, the global economy achieved only modest overall growth, weighed down by US tariff policy and rising geopolitical risks, including conflicts in the Middle East. In the international trade and investment environment, tariff measures, tighter export control and investment regulations, and other factors acted together, making the environment surrounding corporate activity more uncertain than before.」
US tariff policy and conflicts in the Middle East, among other factors, were described as having actually weighed on the global economy and increased uncertainty for corporate activity. - FY2026-H1First statedAnnual report
「During the interim consolidated accounting period, the global economy faced heightened uncertainty about the outlook due to US tariff policy and rising geopolitical risks in the Middle East. In this business environment, uncertainty across the market, including that arising from US tariff policy, remains high in the business environment surrounding our group.」
US tariff policy and rising geopolitical risks in the Middle East were identified as factors contributing to uncertainty in the global economy and the group's business environment.