Currency fluctuations and soaring energy costs
First written in FY2017. 3 of 6 entries say "Restated". Latest entry: FY2024-Q3.
Hokkan Limited moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
The whole theme swung hardest in 2025: 14 of 20 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024-Q3RestatedAnnual report
「However, challenging conditions continued, including soaring raw material prices and energy costs resulting from the yen’s depreciation and the prolonged situation in Ukraine.」
The depreciation of the yen, together with soaring raw material prices and energy costs, continues to be cited as a concern for the business environment. - FY2023-Q1RestatedAnnual report
「The economic outlook remains uncertain due to rising geopolitical risks, soaring raw material prices and energy costs, and the rapid depreciation of the yen.」
The rapid depreciation of the yen and soaring raw material and energy costs continue to be cited as factors contributing to uncertainty in the business environment from the previous filing. - FY2022MaterialisedAnnual report
「In addition to the emergence of geopolitical risks, soaring raw material prices and energy costs, and the rapid depreciation of the yen, the economy remained in a difficult situation, with signs of stagnation in the recovery of capital investment and corporate production activity.」
The Company states that the rapid depreciation of the yen, together with soaring raw material prices and energy costs, actually affected the economic and business environment. - FY2019MaterialisedAnnual report
「The Containers business operated in a difficult environment, including facing the impact throughout the year of soaring raw material prices and energy costs due to the weaker yen.」
The Company states that foreign exchange fluctuations actually affected the full-year Containers business through higher raw material prices and energy costs. - FY2018RestatedAnnual report
「With concerns about the economy becoming more protectionist due to geopolitical risks, including those in the Middle East, and global political instability, including in Europe and the United States, as well as expected sharp fluctuations in foreign exchange rates, share prices and crude oil prices, the outlook for the economy is expected to remain uncertain.」
External environment risks, including foreign exchange fluctuations, crude oil prices and energy costs, are reiterated together with concerns about geopolitical risks and rising protectionism. - FY2017First statedAnnual report
「Fluctuations in foreign exchange rates, rising raw material prices and energy costs, and intense competition with competitors are expected to continue.」
In addition to existing risks related to material prices, the Company identifies foreign exchange fluctuations and rising energy costs as future business environment risks.