External conditions, including higher resource prices and foreign-exchange volatility
First written in FY2023-Q3. 7 of 8 entries say "Restated". Latest entry: 2026-08-13.
The whole theme swung hardest in 2026: 8 of 12 companies on the "Worse" side.
7 other companies' latest entry also says "Restated".
- 2026-08-13RestatedEarnings
「During the cumulative third quarter consolidated accounting period, Japan’s economic environment showed a gradual recovery, but financial markets and economic conditions remained uncertain due to developments including additional tariffs by the United States and military action involving Iran, inflation and monetary tightening in Japan and overseas, and continued price increases.」
The company has reaffirmed additional US tariffs, military action involving Iran, inflation, monetary tightening, and price increases as sources of uncertainty in the external environment. - FY2025RestatedAnnual report
「During the consolidated fiscal year, Japan’s economy had been gradually recovering. However, financial markets and economic trends remained uncertain going forward as a result of moves toward additional tariffs in the United States, inflation and monetary tightening in domestic and overseas macroeconomies, and continued price increases.」
The company describes moves toward additional US tariffs, in addition to inflation, monetary tightening and price increases, as factors contributing to uncertainty in external conditions. - FY2025-H1RestatedAnnual report
「During the interim accounting period, Japan’s economy had been gradually recovering, supported by improvements in employment conditions and other factors. However, prices continued to rise across a broad range of areas, partly because of higher import costs resulting from yen depreciation, while sluggish real wage growth and stagnant consumer sentiment restrained economic growth. In addition, financial markets and economic trends remained uncertain going forward because of risk factors including inflation and monetary tightening in the global economy and heightened geopolitical risks.」
The company continues to describe uncertainty in external conditions arising from yen depreciation, rising prices, inflation, monetary tightening and geopolitical risks. - FY2024RestatedAnnual report
「During the fiscal year, Japan’s economy had been gradually recovering. However, the sharp depreciation of the yen, surging resource prices resulting from conflicts in the Middle East and Eastern Europe, persistent inflation in the United States and Europe, and monetary tightening left the outlook uncertain.」
The company continues to describe uncertainty in external conditions arising from yen depreciation, conflicts, surging resource prices, inflation and monetary tightening. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, Japan’s economy had been gradually recovering. However, as a result of the prolonged Russian invasion of Ukraine, inflation and monetary tightening in domestic and overseas macroeconomies, and continued price increases, financial markets and economic trends remained uncertain going forward.」
The company continues to describe uncertain external conditions resulting from the prolonged war, inflation, monetary tightening and continued price increases. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, Japan’s economy had been gradually recovering. However, as a result of the prolonged Russian invasion of Ukraine, inflation and monetary tightening in domestic and overseas macroeconomies, and continued price increases, financial markets and economic trends remained uncertain going forward.」
The company continues to describe uncertain external conditions resulting from the prolonged war, inflation, monetary tightening and continued price increases. - FY2023RestatedAnnual report
「During the fiscal year, Japan’s economic environment remained solid as measures against COVID-19 progressed and restrictions on activities were eased. At the same time, the prolonged Russian invasion of Ukraine and emerging trends toward inflation and monetary tightening in domestic and overseas macroeconomies have left the outlook uncertain.」
The company continues to describe uncertainty in external conditions arising from war, inflation and monetary tightening. - FY2023-Q3MaterialisedAnnual report
「Although resource prices have risen as Russia’s invasion of Ukraine has continued, and foreign-exchange markets have also experienced sharp fluctuations, the impact of COVID-19 is gradually subsiding, and we expect the economy to remain solid.」
The company describes external conditions characterized by higher resource prices and sharp foreign-exchange fluctuations.