Overseas Political and Economic Risk
First written in FY2016. 5 of 12 entries say "Restated". Latest entry: FY2026.
Fujikura moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 105 of 135 companies on the "Worse" side.
17 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「During the current consolidated fiscal year, America Fujikura Ltd. received corrective measures from U.S. Customs and Border Protection (CBP) concerning additional tariffs on certain products imported into the United States, based on differing determinations of the country of origin. … During the current consolidated fiscal year, the Company recognized a provision for tariffs of ¥13,624 million.」
U.S. trade and tariff risks materialized in the form of corrective measures by CBP and recognition of a ¥13,624 million provision for tariffs. - 2026-05-14WorsenedRevisions to earnings forecasts
「なお、足元ではホルムズ海峡封鎖による物流停滞が生じており、サプライチェーンへの影響が懸念されます。」
海外政治経済情勢に関するリスクとして、ホルムズ海峡封鎖による物流停滞とサプライチェーン影響が新たに具体化している。 - FY2025WorsenedAnnual report
「Developments surrounding the reciprocal tariffs imposed by the Trump administration in the United States on countries and regions worldwide have increased uncertainty about the outlook, including concerns about an economic recession and the risk of foreign-exchange fluctuations.」
Specific new risks under political and economic conditions include reciprocal tariffs imposed by the United States, concerns about an economic recession and the risk of foreign-exchange fluctuations. - FY2024RestatedAnnual report
「The external environment surrounding the Group in Japan and overseas requires close monitoring, including continued monetary tightening in major developed countries to curb inflation, geopolitical risks such as the situation involving Russia and Ukraine and the situation in the Middle East, and a slowdown in the recovery of the Chinese economy.」
The overseas political and economic risks continue to include monetary tightening, the situation involving Russia and Ukraine, the situation in the Middle East and the slowdown of the Chinese economy. - FY2023WorsenedAnnual report
「Because the Group operates in Japan and overseas through business divisions including Energy and Information & Communications, and Electronics, Electrical Equipment and Connectors (Electronics and Automotive), its operating results may be affected by political and economic conditions and environmental conditions in each country, economic fluctuations in emerging markets, and the occurrence of conflicts, terrorism and other events.」
The scope of overseas political and economic risks has been explicitly expanded to include conflicts and terrorism, in addition to political and economic conditions, environmental conditions and emerging-market economies. - FY2023-Q3RestatedAnnual report
「As of the end of the third quarter of the current consolidated accounting period, operations had resumed, but conditions remained uncertain, with the possibility of a temporary suspension of operations and other developments.」
The production plant of the Group's Automotive business in Ukraine has resumed operations, but uncertainty, including the possibility of another suspension, continues. - FY2023-Q2RestatedAnnual report
「As of the end of the second quarter of the current consolidated accounting period, operations had resumed, but conditions remained uncertain, with the possibility of a temporary suspension of operations and other developments.」
The production plant of the Group's Automotive business in Ukraine has resumed operations, but uncertainty, including the possibility of another suspension, continues. - FY2023-Q1Resumption of operations at the Ukraine site and continuing uncertaintyAnnual report
「As of the end of the first quarter of the current consolidated accounting period, operations had resumed, but conditions remained uncertain, with the possibility of a temporary suspension of operations and other developments. The current international situation surrounding Ukraine remains uncertain, and the timing of a resolution has not been determined.」
The production plant of the Group's Automotive business in Ukraine resumed operations, but uncertain conditions, including the possibility of another suspension, continue. - FY2022WorsenedAnnual report
「Because the Group operates in Japan and overseas through business divisions including Energy and Information & Communications, and Electronics, Electrical Equipment and Connectors (Electronics and Automotive), its operating results may be affected by political and economic conditions and environmental conditions in each country, as well as economic fluctuations in emerging markets.」
The description of overseas political and economic risks was expanded to include environmental conditions and economic fluctuations in emerging markets in addition to political conditions. Geopolitical risks, including Russia's invasion of Ukraine, were also explicitly identified in the business environment. - FY2018RestatedAnnual report
「Because the Group operates in Japan and overseas through businesses including the Energy & Telecommunications Company, Electronics Company and Automotive Electrical Components Company, its business results may be affected by the political conditions of various countries and fluctuations in the economies of emerging countries.」
The risk from political and economic conditions associated with business operations in Japan and overseas continues. - FY2017RestatedAnnual report
「Because the Group operates in Japan and overseas through businesses including the Energy & Telecommunications Company, Electronics Company and Automotive Electrical Components Company, its business results may be affected by the political conditions of various countries.」
The disclosure continues to cite risks from political and economic conditions associated with overseas business operations. - FY2016First statedAnnual report
「Because the Group operates in Japan and overseas through businesses including the Energy & Telecommunications Company, Electronics Company and Automotive Electrical Components Company, its business results may be affected by the political conditions of various countries.」
Exposure to regional conditions associated with domestic and overseas business operations.