Deteriorating Business Conditions Due to Geopolitical Risks and Soaring Raw Material Prices
First written in FY2023-Q1. 3 of 7 entries say "Restated". Latest entry: FY2026.
Rentracks moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 23 of 34 companies on the "Worse" side.
35 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The outlook is expected to remain uncertain due to increasing instability in the global situation, persistently high resource and raw material prices, developments in trade policies including U.S. tariff policy, and the effects of monetary policy in various countries on the economy.」
In addition to the previously cited geopolitical risks and surging raw material prices, the effects of trade policies including U.S. tariff policy and monetary policy in various countries were added as sources of uncertainty. - FY2026-H1WorsenedAnnual report
「At the same time, uncertainty remains high due to the weaker yen, persistently high resource and raw material prices, concerns over a slowdown in overseas economies, developments in trade policies including U.S. tariff policy, and the effects of shifts in monetary policy in various countries on the global economy.」
In addition to the previously cited weaker yen and persistently high resource prices, the disclosure identifies concerns over a slowdown in overseas economies, trade policies including U.S. tariff policy, and the effects of shifts in monetary policy in various countries as sources of uncertainty. - FY2025-H1Recovery expectations and uncertainty factors presented togetherAnnual report
「During the interim consolidated accounting period from 1 April 2024 to 30 September 2024, Japan's economy was expected to remain on a recovery trend amid gradual improvements in corporate earnings and the income environment for individuals. However, rising resource and raw material prices triggered by the situations in Ukraine and the Middle East, together with price increases caused by the weaker yen, remained challenges, and the outlook was expected to remain uncertain.」
The disclosure describes expectations for an economic recovery based on improvements in corporate earnings and the income environment for individuals, while identifying the situations in Ukraine and the Middle East, rising resource and raw material prices, and price increases caused by the weaker yen as factors making the outlook uncertain. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year (1 April 2023 to 30 June 2023), business sentiment in Japan deteriorated as the emergence of geopolitical risks, including Russia's invasion of Ukraine, coincided with a global surge in raw material prices and other factors.」
The deterioration in economic conditions caused by geopolitical risks and surging raw material prices continued to be disclosed from the previous quarter. - FY2023-Q3RestatedAnnual report
「Economic sentiment deteriorated amid the emergence of geopolitical risks, including Russia's invasion of Ukraine, and a global surge in raw material prices.」
The deterioration in economic conditions caused by geopolitical risks and surging raw material prices continued to be disclosed from the previous quarter. - FY2023-Q2RestatedAnnual report
「Economic sentiment deteriorated amid the emergence of geopolitical risks, including Russia's invasion of Ukraine, and a global surge in raw material prices.」
The deterioration in economic conditions caused by geopolitical risks, including Russia's invasion of Ukraine, and surging raw material prices continued to be disclosed from the previous quarter. - FY2023-Q1First statedAnnual report
「Although the COVID-19 pandemic temporarily appeared to subside and economic normalisation was beginning to progress, various activities were restricted again following the emergence of the Omicron variant. This coincided with the emergence of geopolitical risks, including Russia's invasion of Ukraine, and a global surge in raw material prices, resulting in worsening economic sentiment.」
The disclosure states that economic conditions deteriorated as restrictions on activity were reimposed due to the Omicron variant, geopolitical risks including Russia's invasion of Ukraine became more pronounced, and global raw material prices surged.