Uncertainty from the Prolonged Situation in Ukraine, Higher Resource and Energy Prices, and Inflation from Yen Depreciation
First written in FY2024-Q2. 4 of 13 entries say "Restated". Latest entry: 2026-10-15.
The whole theme swung hardest in 2025: 22 of 48 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2027-H1Renewed expansion of external risk factorsAnnual report
「Overseas, uncertainty about the outlook continues due to higher resource and energy prices resulting from the prolonged geopolitical risks in Ukraine and the Middle East, stagnation in the Chinese economy and U.S. trade policy.」
With regard to the external factors that had been narrowed down in the full-year disclosure for the previous fiscal year, references to geopolitical risks in Ukraine and the Middle East and to surging resource and energy prices have been added again. - FY2026Narrowing External Risk FactorsAnnual report
「Meanwhile, in overseas economies, uncertainty about the outlook continues due to developments in U.S. trade policy and stagnation in the Chinese economy.」
For overseas markets, the company identifies U.S. trade policy and stagnation in the Chinese economy as sources of uncertainty. The situation in Ukraine and the Middle East and yen depreciation, which had previously been mentioned, are not included in this business overview. - FY2026-H1Update to External Risk FactorsAnnual report
「Overseas, uncertainty about the outlook continues due to higher resource and energy prices resulting from the prolonged geopolitical risks in Ukraine and the Middle East, stagnation in the Chinese economy and U.S. trade policy.」
In addition to the situation in Ukraine and the Middle East, resource and energy prices, and stagnation in the Chinese economy, the company explicitly identifies U.S. trade policy as a source of uncertainty. Continued inflation resulting from yen depreciation, which had previously been cited, is not included this time. - FY2025RestatedAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine, stagnation in the Chinese economy and continued inflation resulting from yen depreciation.」
The company continues to recognize uncertainty in overseas markets arising from the situation in Ukraine, resource and energy prices, the Chinese economy, and yen depreciation and inflation. - FY2025-H1RestatedAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine, stagnation in the Chinese economy and continued inflation resulting from yen depreciation.」
The company continues to disclose uncertainty arising from the situation in Ukraine, resource and energy prices, the Chinese economy, and yen depreciation and inflation. - FY2025-Q1Change in External Risk FactorsAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine, stagnation in the Chinese economy and continued inflation resulting from yen depreciation.」
In addition to the previously cited situation in Ukraine, higher resource and energy prices, and yen depreciation and inflation, the company cites stagnation in the Chinese economy. The heightened tensions in the Middle East cited previously are not included this time. - FY2024RestatedAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine and continued inflation resulting from yen depreciation.」
The company continues to disclose uncertainty arising from the situation in Ukraine, higher resource and energy prices, and yen depreciation and inflation. - FY2024-Q3WorsenedAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine, heightened tensions in the Middle East and continued inflation resulting from yen depreciation.」
In addition to the previously cited situation in Ukraine, higher resource and energy prices, and yen depreciation and inflation, the company explicitly identifies heightened tensions in the Middle East as a source of uncertainty. - FY2024-Q2First statedAnnual report
「Overseas, uncertainty about the outlook continues, including globally higher resource and energy prices resulting from the prolonged situation in Ukraine and continued inflation resulting from yen depreciation.」
The company identifies geopolitical conditions, resource and energy prices, and yen depreciation and inflation as external risks in overseas markets. It states that higher prices and inflation are continuing.