Uncertainty in the Business Environment Due to International Developments, Resource Prices, Inflation and Foreign Exchange Fluctuations
First written in FY2024-Q3. 3 of 7 entries say "Worsened", first in FY2024. Latest entry: 2026-06-16.
yutori moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- 2026-06-16RestatedManagement plan
「The competitive environment」
Continued to identify the emergence of competitors in Japan and overseas as a risk. - FY2026RestatedAnnual report
「Meanwhile, the prices of necessities such as food have risen sharply due to persistently high energy prices resulting from the protracted situation in Ukraine and tensions in the Middle East, causing consumers to become more focused on protecting their household finances.」
The company continues to identify international developments, persistently high energy prices, rising prices and consumers’ focus on protecting their household finances as sources of uncertainty in the business environment. - FY2026-H1RestatedAnnual report
「Meanwhile, corporate management continues to require cautious decision-making due to rising raw-material and logistics costs and exchange-rate movements. Although sales across the apparel industry, in which our group operates, have remained firm overall, addressing the increased cost burden is an ongoing challenge.」
The company continues to identify rising raw-material and logistics costs, exchange-rate movements and the increased cost burden as challenges in the business environment. - FY2025WorsenedAnnual report
「Meanwhile, the prices of necessities such as food have risen sharply due to persistently high energy prices resulting from the protracted situation in Ukraine and tensions in the Middle East, causing consumers to become more focused on protecting their household finances. The apparel industry, in which our group operates, is also facing soaring material and logistics costs, and the business environment is becoming increasingly challenging.」
In addition to international developments, energy prices and rising prices, the company cites consumers’ focus on protecting their household finances and soaring material and logistics costs, explaining that the apparel business environment is becoming increasingly challenging. - FY2025-H1WorsenedAnnual report
「Meanwhile, with the protracted situation in Ukraine, persistently high energy prices caused by tensions in the Middle East and concerns about a slowdown in the U.S. economy, the Bank of Japan implemented an additional interest-rate hike at the end of July. The resulting narrowing of interest-rate differentials led to a significant appreciation of the yen, while stock prices also fluctuated sharply, and financial markets remain unstable.」
In addition to international developments, resource prices, inflation and exchange-rate movements, the company cites the protracted situation in Ukraine, tensions in the Middle East, concerns about a slowdown in the U.S. economy, the appreciation of the yen and stock-price volatility in explaining the instability of financial markets. - FY2024WorsenedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the sharp depreciation of the yen, rising product prices, increasing geopolitical risks and labor shortages.」
In addition to the previously cited depreciation of the yen, rising prices and international developments, the company identifies a sharp depreciation of the yen, increased geopolitical risks and labor shortages as factors contributing to uncertainty in the business environment. - FY2024-Q3First statedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the increasing instability of the international situation, soaring resource and energy prices, global inflation and the continuing depreciation of the yen.」
Soaring resource and energy prices, inflation and the depreciation of the yen are described as developments already under way that are contributing to future uncertainty.