Political, Economic and Social Environment Risks in Overseas Operations
First written in FY2016. 19 of 35 entries say "Restated". Latest entry: 2026-08-10.
Daiki Aluminium Industry moved to the "Worse" side of this theme in 2023, 1 year after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 38 of 76 companies on the "Worse" side.
31 other companies' latest entry also says "Worsened".
- 2026-08-10WorsenedEarnings
「The outlook remained uncertain due to higher energy prices and impacts on logistics resulting from escalating tensions in the Middle East, as well as heightened trade policy and geopolitical risks in various countries.」
Uncertainty in the overseas business environment continued and became more pronounced due to the situation in the Middle East, energy prices, logistics, trade policies and geopolitical risks. - FY2026WorsenedAnnual report
「In the secondary aluminum alloy industry, the situation is expected to remain highly uncertain for the time being due to the escalating tensions in the Middle East and the effective closure of the Strait of Hormuz, which have caused energy prices to rise and may lead to production cuts by automakers as a result of supply chain disruptions, as well as logistics delays.」
In addition to existing trade-policy and geopolitical risks, specifies the impact of the situation in the Middle East and the effective closure of the Strait of Hormuz on energy prices, supply chains, automobile production, and logistics. - 2026-05-14WorsenedEarnings
「In the secondary aluminum alloy industry, the situation is expected to remain highly uncertain for the time being due to the escalating tensions in the Middle East and the effective closure of the Strait of Hormuz, which have caused energy prices to rise and may lead to production cuts by automakers as a result of supply chain disruptions, as well as logistics delays.」
The Company specified political and economic risks surrounding its overseas business, including the situation in the Middle East, the Strait of Hormuz, energy prices, supply chain disruptions, the possibility of production cuts by automakers and logistics delays. - FY2026-H1WorsenedAnnual report
「In addition, many emerging-market countries, including ASEAN countries, are subject to tariff rates of 20% or more, raising concerns that the headwinds facing their economies will intensify compared with the previous across-the-board tariff rate of 10% applied worldwide. Uncertainty is expected to remain high for the time being regarding the countries subject to the Trump tariffs, their scale and duration, corporate responses, and the details of retaliatory measures by individual countries.」
Regarding additional US tariffs, newly specifies the concern that headwinds facing the economy will intensify as many emerging-market countries, including ASEAN countries, are subject to tariff rates of 20% or more instead of the previous across-the-board rate of 10%, as well as the uncertainty surrounding the countries covered, scale, duration, and retaliatory measures. - FY2024-Q3WorsenedAnnual report
「The global economy is slowing and international conditions are becoming increasingly unstable, with uncertainty rising due to factors including the emergence of geopolitical risks in the Middle East and an increase in non-performing loans triggered by worsening conditions in China's real estate market.」
In addition to the slowdown in the global economy and increasing instability in international conditions, the emergence of geopolitical risks in the Middle East and the increase in non-performing loans triggered by worsening conditions in China's real estate market are newly specified, with uncertainty surrounding the overseas business having increased. - FY2024-Q2WorsenedAnnual report
「During the first six months of the consolidated fiscal year under review, Japan's economy recovered moderately, but the global economy continued to slow moderately due to factors including the impact of economic slowdowns in the United States and Europe resulting from global monetary tightening, the delayed recovery of the Chinese economy, and weak exports to China from around the world.」
The slowdown in the US and European economies resulting from global monetary tightening, the delayed recovery of the Chinese economy, and weak exports to China are identified specifically as factors slowing overseas economies, strongly highlighting external-environment risks surrounding the overseas business. - FY2024-Q1WorsenedAnnual report
「The global economy is recovering despite weakness in some regions, but conditions continue to weigh on global economic growth, including the prolonged situation in Ukraine, high energy and commodity prices, and slower growth resulting from global monetary tightening.」
Explicitly identifies the prolonged situation in Ukraine, high energy and commodity prices, and slower growth resulting from global monetary tightening as factors weighing on the global economy surrounding the overseas business. - FY2023-Q3RestatedAnnual report
「During the first nine months of the consolidated fiscal year under review, Japan's economy remained uncertain, with concerns that rising prices of various goods would dampen consumption, due to the spread of COVID-19 and surging raw-material and crude oil prices resulting from factors including the situation in Ukraine.」
Continues to cite uncertainty in the economy resulting from the spread of COVID-19, the situation in Ukraine, and surging raw-material and crude oil prices. - FY2023-Q2RestatedAnnual report
「During the first six months of the consolidated fiscal year under review, Japan's economy remained uncertain, with concerns that rising prices of various goods would dampen consumption, due to the spread of COVID-19 and surging raw-material and crude oil prices resulting from factors including the situation in Ukraine.」
Continues to cite uncertainty in the economy resulting from the spread of COVID-19, the situation in Ukraine, and surging raw-material and crude oil prices. - FY2023-Q1RestatedAnnual report
「Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of COVID-19 and concerns over the prolonged situation in Ukraine.」
Continues to cite uncertainty in overseas economies resulting from COVID-19 and concerns over the prolonged situation in Ukraine. - FY2022WorsenedAnnual report
「Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of COVID-19 and Russia's invasion of Ukraine.」
In addition to the uncertainty caused by COVID-19, Russia's invasion of Ukraine was newly identified as a factor contributing to uncertainty in overseas economies. - FY2022-Q3RestatedAnnual report
「Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of the spread of COVID-19.」
Continues to cite uncertainty about the outlook for overseas economies resulting from the spread of COVID-19. - FY2022-Q2RestatedAnnual report
「Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of the spread of COVID-19.」
Continues to cite uncertainty about the outlook for the global economy resulting from the spread of COVID-19. - FY2022-Q1RestatedAnnual report
「Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of the spread of COVID-19.」
Continues to cite uncertainty about the outlook for overseas economies as an impact of the spread of COVID-19. - FY2021RestatedAnnual report
「During the consolidated fiscal year under review, Japan's economy deteriorated rapidly as the spread of COVID-19 restricted economic activity and substantially reduced consumption. Overseas, the outlook for the global economy remained extremely uncertain due to the continuing impact of the spread of COVID-19.」
Continues to cite restrictions on economic activity in Japan and overseas caused by COVID-19 and uncertainty in the global economy throughout the fiscal year. - FY2021-Q3RestatedAnnual report
「During the first nine months of the consolidated fiscal year under review, Japan's economy saw economic activity restricted and consumption decline substantially as COVID-19 spread. Overseas, there was still no clear end in sight to the spread of COVID-19, and the outlook for the global economy remained uncertain.」
Continues to cite the spread of COVID-19 and uncertainty about the outlook for the global economy, with no significant change indicated in the external-environment risks surrounding the overseas business. - FY2021-Q2WorsenedAnnual report
「During the first six months of the consolidated fiscal year under review, Japan's economy deteriorated rapidly due to the impact of COVID-19, but private consumption was beginning to recover following the lifting of the state of emergency, and signs of improvement were seen in some areas. Meanwhile, the global economy was also facing a severe recession due to the global spread of COVID-19, and the outlook for overseas economies remained uncertain as the global economy slowed further, including as a result of escalating US-China trade friction.」
Explicitly identifies the global recession caused by COVID-19 and the slowdown in the global economy due to factors including US-China trade friction, with uncertainty in overseas economies continuing at a high level. - FY2021-Q1WorsenedAnnual report
「Meanwhile, overseas, the global economy stagnated due to the global spread of COVID-19, and the outlook for the economy and society remained extremely uncertain.」
States that the global economy stagnated due to the global spread of COVID-19 and that uncertainty in the economic and social environment surrounding the overseas business increased. - FY2020WorsenedAnnual report
「During the consolidated fiscal year under review, Japan's economy was gradually recovering despite a decline in private consumption following the consumption tax increase. Meanwhile, overseas, the slowdown in the global economy resulting from escalating US-China trade friction and the UK's withdrawal from the EU became increasingly pronounced, and the global spread of COVID-19 from the end of the fiscal year also contributed to an extremely uncertain outlook for the economy and society.」
In addition to the existing issues of US-China trade friction and the UK's withdrawal from the EU, the global spread of COVID-19 was explicitly identified, resulting in stronger wording regarding uncertainty in the economy and society. - FY2020-Q3WorsenedAnnual report
「Meanwhile, the slowdown in the global economy became increasingly pronounced due to escalating US-China trade friction and the UK's withdrawal from the EU, and the outlook for overseas economies remained uncertain.」
States that the slowdown in the global economy became increasingly pronounced against the backdrop of US-China trade friction and the UK's withdrawal from the EU, using stronger language than in the previous quarter to describe the factors contributing to uncertainty in overseas economies. - FY2020-Q2WorsenedAnnual report
「Meanwhile, the outlook for overseas economies remained uncertain due to the slowdown in the global economy resulting from escalating US-China trade friction and the UK's withdrawal from the EU.」
Explicitly identifies the slowdown in the global economy resulting from escalating US-China trade friction and the UK's withdrawal from the EU, continuing and adding specificity to the factors contributing to uncertainty in overseas economies. - FY2020-Q1RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued due to escalating trade friction between the United States and China and uncertainty in overseas economic conditions.」
Continues to cite uncertainty about the outlook resulting from escalating US-China trade friction and uncertainty in overseas economies as risks surrounding the overseas business. - FY2019RestatedAnnual report
「Meanwhile, overseas, uncertainty is expected to persist due to the UK's negotiations to leave the EU and escalating trade friction between the United States and China.」
Continues to identify uncertainty in overseas developments, including the UK's EU withdrawal negotiations and escalating US-China trade friction, as a risk in the external environment. - FY2019-Q3RestatedAnnual report
「Meanwhile, the outlook remained uncertain due to concerns over US-China trade friction and increasing uncertainty in overseas economies.」
Continues to cite uncertainty about the outlook resulting from concerns over US-China trade friction and uncertainty in overseas economies as risks surrounding the overseas business. - FY2019-Q2RestatedAnnual report
「Meanwhile, the outlook remained uncertain due to concerns over US-China trade friction resulting from protectionist policies and increasing uncertainty in overseas economies.」
Continues to cite concerns over US-China trade friction resulting from protectionist policies and uncertainty in overseas economies as factors contributing to an uncertain outlook for the overseas business environment. - FY2019-Q1RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued due to concerns over trade friction between the United States and China and uncertain political developments.」
Continues to cite uncertainty about the outlook resulting from concerns over US-China trade friction and uncertainty surrounding political developments. - FY2018WorsenedAnnual report
「Meanwhile, overseas, uncertainty is expected to persist due to factors including the policy direction of the new US administration, rising geopolitical risks, and trade friction between the United States and China.」
Newly identifies trade friction between the United States and China, in addition to ongoing US policy developments and geopolitical risks, as factors contributing to uncertainty in the overseas environment. - FY2018-Q3RestatedAnnual report
「Meanwhile, the outlook remained uncertain due to the impact of overseas developments, including US policy developments and rising global geopolitical risks.」
Continues to cite uncertainty in overseas developments resulting from US policy developments and rising global geopolitical risks. - FY2018-Q2RestatedAnnual report
「Meanwhile, the outlook remained uncertain due to the impact of overseas developments, including US policy developments and rising global geopolitical risks.」
Continues to cite uncertainty in overseas developments resulting from US policy developments and rising geopolitical risks. - FY2018-Q1RestatedAnnual report
「Meanwhile, conditions remained uncertain due to factors including the slowdown in the Chinese and emerging-market economies, US policy developments, the UK's withdrawal from the EU, and rising geopolitical risks.」
Continues to cite uncertainty in the overseas and external environment, including the slowdown in the Chinese and emerging-market economies, US policy developments, the UK's withdrawal from the EU, and rising geopolitical risks. - FY2017RestatedAnnual report
「Meanwhile, in addition to the slowdown in the Chinese and emerging-market economies, conditions remained uncertain due to factors including new policies following the change of administration in the United States, the UK's withdrawal from the EU, and fluctuations in resource prices and foreign exchange rates.」
Continues to cite uncertainty in the overseas and external environment, including the slowdown in the Chinese and emerging-market economies, the change of administration in the United States, the UK's withdrawal from the EU, and fluctuations in resource prices and foreign exchange rates. - FY2017-Q3WorsenedAnnual report
「In addition to the slowdown in the Chinese and emerging-market economies, the UK's withdrawal from the EU, and the impact of resource price and foreign exchange fluctuations, conditions remained uncertain amid increased uncertainty in the overseas economy following the US presidential election.」
In addition to the previously reported slowdown in the Chinese and emerging-market economies, the UK's withdrawal from the EU, and resource price and foreign exchange fluctuations, increased uncertainty in the overseas economy following the US presidential election was reported. - FY2017-Q2RestatedAnnual report
「In addition to the slowdown in the Chinese and emerging-market economies, conditions remained uncertain due to the UK's withdrawal from the EU and the impact of resource price and foreign exchange fluctuations.」
Uncertainty in the overseas and external environment, including the slowdown in the Chinese and emerging-market economies, the UK's withdrawal from the EU, and resource price and foreign exchange fluctuations, continued to be reported. - FY2017-Q1RestatedAnnual report
「In addition to the slowdown in the Chinese and emerging-market economies, conditions remained uncertain due to political instability in Europe and the impact of resource price and foreign exchange fluctuations.」
Uncertainty in the overseas business environment, including economic slowdowns, political instability, and resource price and foreign exchange fluctuations, continued to be reported. - FY2016First statedAnnual report
「Changes in the political, economic or social business environment, or the occurrence of unexpected events, could affect the Group's operating results and financial position.」
Changes in the business environment and unexpected events at overseas operations are identified as risks.