Decline in demand for procurement support due to worsening financial conditions and foreign exchange markets
First written in FY2023-Q3. 5 of 7 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1RestatedAnnual report
「At the same time, the business environment remains uncertain. Prolonged geopolitical risks, including heightened tensions in the Middle East, uncertainty over US trade policy and developments in its high-tariff policy, and persistently high interest rates in financial markets are making companies more cautious in their investment decisions. In addition, currency fluctuations and persistently high raw-material prices are affecting corporate earnings.」
The company continues to disclose external factors including persistently high interest-rate levels, exchange-rate fluctuations, geopolitical risks, and persistently high raw material prices, but no new direct impact on demand for sourcing support was described for the interim consolidated accounting period. - FY2025-H1RestatedAnnual report
「Meanwhile, the prolonged geopolitical risks associated with the situation in Ukraine and elsewhere, as well as financial instability caused by interest-rate increases by various countries, have directly affected manufacturing operations, and uncertainty continues.」
The company continues to disclose external factors such as geopolitical risks and financial uncertainty resulting from interest-rate increases by central banks worldwide, but no new direct impact on demand for sourcing support was described for the interim consolidated accounting period. - FY2024RestatedAnnual report
「Meanwhile, concerns have arisen over downside risks to the economy due to soaring resource prices resulting from the prolonged conflict in Ukraine, heightened geopolitical risks surrounding the Middle East, and global inflation and monetary tightening caused by exchange-rate fluctuations.」
The company continues to disclose uncertainty in the external environment due to geopolitical risks, resource prices, exchange-rate fluctuations, and monetary tightening. - FY2024-Q3RestatedAnnual report
「During the cumulative first 3 quarters, Japan's economy showed signs of a gradual recovery in domestic and inbound demand as economic activity normalized. However, the outlook for the economy remains uncertain due to the impact of inflation caused by soaring raw material and energy prices and higher personnel expenses, expanding geopolitical risks, and fluctuations in interest rates and foreign-exchange markets worldwide.」
The company continues to disclose an uncertain external environment due to fluctuations in interest rates and foreign-exchange markets, geopolitical risks, and rising raw material prices and inflation, but no new direct impact on demand for sourcing support was described for the quarter. - FY2024-Q2RestatedAnnual report
「However, uncertainty about the outlook continues due to expanding geopolitical risks, the continued weakening trend in the yen resulting from monetary policies in countries around the world, and rising prices caused by soaring raw material and energy prices and higher personnel expenses.」
The company explains that external factors, including the yen's weakening trend resulting from monetary policy, inflation, and financial uncertainty, continue, but no new direct impact on demand for Linkers Trading was described for the quarter. - FY2023MaterialisedAnnual report
「Linkers Trading primarily provided sourcing support for recycled aluminum against a backdrop of strengthened efforts toward carbon neutrality, but demand declined substantially as the foreign-exchange market moved toward a weaker yen amid deteriorating financial conditions.」
The deterioration in financial conditions and the weaker yen continued to materialize as a substantial decline in demand for sourcing support, primarily for recycled aluminum. - FY2023-Q3MaterialisedAnnual report
「Linkers Trading, a supplier-sourcing service, primarily provides sourcing support for recycled aluminum against a backdrop of strengthened efforts toward carbon neutrality. However, demand declined substantially due to the impact of foreign-exchange markets resulting from deteriorating financial conditions originating in Europe and the United States.」
The deterioration in financial conditions originating in Europe and the United States and the impact of foreign-exchange markets materialized as a substantial decline in demand for Linkers Trading's sourcing support, including for recycled aluminum.