Supply Chain Disruption and Geopolitical Risk
First written in FY2022. 4 of 10 entries say "Worsened", first in FY2024. Latest entry: 2026-08-07.
Bando Chemical Industries moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
13 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings
「Although the outlook remains uncertain due to the situation in the Middle East, there are no changes to the consolidated earnings forecast at this time.」
Continues to describe the uncertain outlook resulting from the situation in the Middle East. - FY2026WorsenedAnnual report
「During the consolidated fiscal year, the global economy remained subject to uncertainty over trade and tariff policies and continuing geopolitical tensions. Domestic demand continued to stagnate in China, while personal consumption remained firm in the United States, where production and investment expanded, particularly in AI-related fields.」
In addition to geopolitical tensions, the disclosure explicitly identified uncertainty over trade and tariff policies. It also described a recovery in the United States driven by AI-related investment and other factors, while domestic demand in China continued to stagnate. - FY2025WorsenedAnnual report
「During the fiscal year under review, the global economy remained in a situation where its recovery was generally limited to a moderate pace, amid prolonged heightened geopolitical tensions, delayed economic recovery in China, signs of slowing personal consumption in the US, and stagnation in the manufacturing sector in some regions.」
The disclosure describes economic slowdowns in China, the United States and certain regions against the backdrop of prolonged geopolitical tensions, indicating that uncertainty related to supply chain and geopolitical risks continues. - FY2024WorsenedAnnual report
「Looking ahead, we expect conditions of high uncertainty for the global economy to continue, including sluggish demand resulting from persistent inflation and heightened geopolitical tensions.」
Sluggish demand resulting from inflation and heightened geopolitical tensions were described as sources of continuing uncertainty for the global economy. - FY2024-Q2RestatedAnnual report
「In Europe, economic stagnation continued amid higher raw material prices resulting from surging energy prices and weak external demand. In Asia as well, economic growth continued to slow, particularly in countries highly dependent on external demand, due to the slow recovery in overseas demand.」
In Europe, economic stagnation continued because of surging energy prices, higher raw material prices and weak external demand. In Asia, economic growth also continued to slow against the backdrop of a slower recovery in overseas demand. - FY2023-Q3Coexistence of worsening energy inflation and easing supply constraintsAnnual report
「In Europe, the economy entered a recessionary phase as high inflation and elevated energy prices weighed on economic activity. At the same time, supply chain disruptions in Europe were gradually being resolved, and automobile production volumes remained at the previous year's levels.」
While the recession in Europe caused by high inflation and elevated energy prices is described, supply chain disruptions in the automotive sector were said to be gradually easing, indicating the coexistence of worsening and easing risk factors. - FY2023-Q2MaterialisedAnnual report
「In Europe, the economy slowed as elevated energy prices and interest rate increases weighed on economic activity.」
The previously identified risk of rising energy prices was described as an actual factor slowing the European economy. - FY2022First statedAnnual report
「We expect conditions of high uncertainty for the global economy to continue, including supply chain disruptions, rising energy and raw material prices, and the emergence of geopolitical risks.」
Supply chain disruptions and the emergence of geopolitical risks were explicitly identified for the first time as sources of uncertainty for the global economy going forward.