Market and Economic Fluctuations Caused by the Situation in Ukraine, Lockdowns in China and Other Factors
First written in FY2023-Q1. 5 of 9 entries say "Restated". Latest entry: FY2026.
Toho Zinc moved to the "Worse" side of this theme in 2024, 6 years after the typical company in this theme (2018).
The whole theme swung hardest in 2018: 11 of 21 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the consolidated fiscal year, the global economy saw further geopolitical instability due to the impact of trade policies, including US reciprocal tariffs, the protracted Russia-Ukraine situation and the implementation of US military operations against Iran」
In addition to existing geopolitical and trade policy risks, military operations against Iran were identified, further increasing uncertainty surrounding the global economy and market volatility. - FY2026-H1WorsenedAnnual report
「The global economy remained subject to geopolitical instability, and the outlook remained uncertain due in part to the impact of trade policies, including US reciprocal tariffs.」
In addition to existing geopolitical and China-related economic issues, the impact of trade policies such as US reciprocal tariffs was identified, and uncertainty surrounding market and economic fluctuation risks continued. - FY2024WorsenedAnnual report
「International conditions became increasingly unstable due to the situation in Ukraine and the situation in the Middle East stemming from the Israel-Hamas conflict, increasing uncertainty over the economic outlook, including concerns about soaring energy prices.」
In addition to the situation in Ukraine and China's economy, the situation in the Middle East and concerns about soaring energy prices were identified, broadening the scope of market and economic fluctuation risks. - FY2024-Q3RestatedAnnual report
「Metal prices, particularly zinc, remained weak throughout the period due to concerns about an economic recovery in China, the world's largest consumer.」
Weak zinc prices driven by concerns about an economic recovery in China continued, reaffirming the risk of market and economic fluctuations. - FY2024-Q2RestatedAnnual report
「Metal prices, particularly zinc, remained weak throughout the period amid concerns about an economic recovery in China, the world's largest consumer.」
Weak zinc prices driven by concerns about an economic recovery in China continued and affected operating results through lower metal prices. - FY2024-Q1RestatedAnnual report
「Metal prices, particularly zinc, followed a downward trend throughout the period as supply and demand eased amid concerns about an economic recovery in China, the world's largest consumer, on the demand side, and the resumption of production at European smelters that had adjusted operations due to soaring electricity costs on the supply side.」
Easing supply and demand due to concerns about an economic recovery in China and the resumption of production at European smelters continued to be cited as factors behind the decline in metal prices. - FY2023-Q3RestatedAnnual report
「Metal prices continued to trend downward throughout the period as the prolonged situation in Ukraine, the impact of lockdowns in China and the growing sense of economic slowdown caused by higher policy interest rates in Europe and the United States weighed on markets. In December, however, prices recovered somewhat following the lifting of China's zero-COVID policy and a shift toward a weaker US dollar.」
The situation in Ukraine, China's lockdowns and a sense of economic slowdown caused by higher policy rates continue to weigh on metal prices. - FY2023-Q2RestatedAnnual report
「Metal prices turned downward from May onward as concerns intensified over the slowdown in the global economy due to the worsening situation in Ukraine, soaring energy prices, supply chain disruptions caused by lockdowns in China and progressing inflation.」
The situation in Ukraine, energy prices, China's lockdowns, supply chain disruptions and concerns about a slowdown due to inflation continue to weigh on metal prices. - FY2023-Q1First statedAnnual report
「Metal prices turned downward from May onward as concerns intensified over the slowdown in the global economy due to the worsening situation in Ukraine, soaring energy prices, supply chain disruptions caused by lockdowns in China and progressing inflation.」
Concerns about a slowdown in the global economy due to the situation in Ukraine, China's lockdowns, supply chain disruptions and inflation were newly presented together as factors driving metal prices lower.