Uncertainty stemming from geopolitical risks, financial instability and exchange-rate fluctuations
First written in FY2024-Q2. 5 of 9 entries say "Restated". Latest entry: 2026-11-09.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
- 2026-11-09RestatedResults
「各国における地政学リスクの長期化、中国経済の低迷、輸出規制や関税政策による各国貿易摩擦の継続、物価上昇による消費の下振れ懸念、長期金利の上昇など、依然として先行きに対する不透明感が続いています。」
地政学リスク、中国経済、輸出規制・関税、物価上昇等による不透明感を引き続き記載している。 - FY2026RestatedAnnual report
「Uncertainty about the outlook has persisted due to the prolonged geopolitical risks in Europe and the Middle East, the sluggish Chinese economy, the impact of new export controls and tariff policies on trade friction among countries, and concerns about weaker consumption due to rising prices.」
It continues to identify geopolitical risks, the sluggish Chinese economy, export controls and tariff policies, and rising prices as sources of uncertainty. - 2026-05-13RestatedRevisions to earnings forecasts
「Uncertainty about the outlook has persisted due to the prolonged geopolitical risks in Europe and the Middle East, the sluggish Chinese economy, the impact of new export controls and tariff policies on trade friction among countries, and concerns about weaker consumption due to rising prices.」
地政学リスク、中国経済、輸出規制、関税政策および物価上昇による不透明感を引き続き記載している。 - FY2026-H1WorsenedAnnual report
「Although the global economy during the interim consolidated accounting period was on a trend of gradual growth, uncertainty about the outlook has persisted due to the prolonged geopolitical risks in Europe and the Middle East, the sluggish Chinese economy, and the impact of US-China trade friction, including new export controls and tariff policies.」
In addition to geopolitical risks and US-China trade friction, it explicitly identifies the sluggish Chinese economy, new export controls, and tariff policies as sources of uncertainty. - FY2025WorsenedAnnual report
「Uncertainty about the outlook continues due to prolonged geopolitical risks in Europe and the Middle East, the slowdown in the Chinese economy, the impact of US-China trade friction, and concerns about the tariff policies of various countries, among other factors.」
In addition to traditional geopolitical risks, it explicitly identifies the slowdown in the Chinese economy, US-China trade friction, and tariff policies in various countries as sources of uncertainty. - FY2025-H1RestatedAnnual report
「Although the global economy during the current interim consolidated accounting period was on a moderate growth trend, uncertainty about the outlook remained due to the prolonged geopolitical risks in Europe and the Middle East and persistent global inflation, among other factors.」
Continues to describe uncertainty caused by geopolitical risks and persistent inflation, without indicating any new risk factors or clear deterioration. - FY2024WorsenedAnnual report
「If the global economy stagnates due to the prolonged Russia-Ukraine conflict, persistent global inflation, rising interest rates to curb inflation, slower growth in emerging markets, deteriorating China-Taiwan relations, and increased geopolitical risks in the Middle East and North Korea, among other factors, this could affect our Group’s main sales regions.」
Expands the range of risk factors beyond the previous geopolitical risks, financial instability and exchange-rate fluctuations to include inflation, rising interest rates, China-Taiwan relations, the Middle East and North Korea, among others. - FY2024-Q3RestatedAnnual report
「The global economy during the nine-month period ended 31 December remained uncertain, due to the prolonged geopolitical risks in Europe, financial instability caused by policy rate hikes in Europe and the United States, and fluctuations in exchange rates, among other factors.」
The uncertain outlook due to geopolitical risks, financial instability and exchange-rate fluctuations continues. - FY2024-Q2First statedAnnual report
「The uncertain outlook continued due to the prolonged geopolitical risks in Europe, financial instability caused by policy rate hikes in Europe and the United States, and fluctuations in exchange rates, among other factors.」
Describes the continued external-environment factors of prolonged geopolitical risks, financial instability and exchange-rate fluctuations.