Risks to Overseas Operations, Energy and Raw Materials from the Russia-Ukraine Situation
First written in FY2022. 6 of 12 entries say "Restated". Latest entry: 2026-09-28.
Sanoh Industrial moved to the "Worse" side of this theme in 2025, 1 year after the typical company in this theme (2024).
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
9 other companies' latest entry also says "Materialised".
- 2026-09-28MaterialisedEarnings presentation
「Rising crude oil and naphtha prices against the backdrop of escalating tensions in the Middle East have affected procurement costs for resin materials, particularly at the German subsidiary because of its high proportion of resin products. We recognize that the impact on earnings is gradually becoming apparent.」
The impact of higher energy and raw-material costs related to the Middle East was beginning to emerge in the European business. - FY2026ReframedAnnual report
「The economic environment in the automotive industry surrounding our Group remained firm in terms of production volumes in Japan and overseas, although performance varied by market, while sales volumes were trending downward, partly due to the impact of US tariff measures.」
In addition to the Russia-Ukraine and Middle East situations, US tariff measures were identified as a new source of uncertainty in the overseas business environment. - 2026-04-09RestatedEarnings presentation
「No effects have become apparent at present. However, if crude oil prices continue to rise, the impact could spread to electricity and transportation costs and the prices of raw-materials for resin products such as naphtha, becoming a factor behind higher costs. Our basic policy is to limit the impact of higher costs by passing them through to prices, while monitoring developments and taking measures as necessary, including reviewing procurement and logistics terms.」
The impact of higher crude oil prices from worsening conditions in the Middle East had not emerged at present, but the company identified possible spillovers to electricity, transportation and resin raw-material costs and said it would respond through price pass-through and other measures. - FY2025ReframedAnnual report
「In Europe, the economy remains sluggish but there are signs of bottoming out. However, uncertainty has continued, owing to high energy and material prices and the prolonged tensions in the Middle East.」
In addition to the Russia-Ukraine situation, the prolonged tensions in the Middle East became a risk factor for European energy and material prices and uncertainty. - FY2025-H1RestatedAnnual report
「In Europe, the economy remains sluggish but there are signs of bottoming out. However, uncertainty has continued, owing to high energy and material prices resulting from the prolonged Russia-Ukraine situation and the prolonged tensions in the Middle East.」
The effects in Europe of high energy and material prices resulting from the prolonged Russia-Ukraine situation continued to be disclosed, and tensions in the Middle East were added. - FY2024-Q3RestatedAnnual report
「In Europe, the prolonged Russia-Ukraine situation has affected energy and material prices and supply chains, and the uncertain situation has continued.」
The risk that the prolonged Russia-Ukraine situation would affect energy and material prices and supply chains continues to be disclosed. quantified false, materialized true. - FY2024-Q2RestatedAnnual report
「In Europe, the prolonged Russia-Ukraine situation has affected energy and material prices and supply chains, and the uncertain situation has continued.」
The risk that the prolonged Russia-Ukraine situation would affect energy and material prices and supply chains continued to be disclosed. - FY2024-Q1RestatedAnnual report
「In Europe, the prolonged Russia-Ukraine situation has affected energy and material prices and supply chains, and the uncertain situation has continued.」
The risk that the prolonged Russia-Ukraine situation would affect energy and material prices and supply chains continued to be disclosed. - FY2023-Q3RestatedAnnual report
「In addition to sharp currency fluctuations and soaring raw material prices, the prolonged Russia-Ukraine issue has kept energy prices elevated, while labor costs in Europe and the United States have risen against a backdrop of inflation. An unstable situation in which the outlook remains difficult to predict has continued.」
Previously identified cost and overseas-environment risks, including the prolonged Russia-Ukraine issue, high energy prices and higher labor costs in Europe and the United States due to inflation, have continued. - FY2023-Q2WorsenedAnnual report
「In Europe, the prolonged Russia-Ukraine situation has caused higher energy prices to drive inflation, while supply-chain disruption has continued, increasing uncertainty about the outlook.」
The prolonged Russia-Ukraine situation spread to Europe through higher energy prices, inflation and continued supply-chain disruption, increasing uncertainty. - FY2023-Q1WorsenedAnnual report
「In Europe, the intensification of the Russia-Ukraine situation has driven up energy and material prices and affected supply chains, increasing uncertainty about the outlook.」
The intensification of the Russia-Ukraine situation spread to the European economy through higher energy and material prices and supply-chain impacts, increasing uncertainty. - FY2022First statedAnnual report
「The Group owns sales and manufacturing sites in Russia. Although the situation has not reached the point of production or sales being suspended due to material supply disruptions associated with economic sanctions against Russia, the Russia-Ukraine situation involves global political uncertainty, making it difficult to fully predict its impact on the site at present. The proportion of the Russian subsidiary's sales and net assets in the consolidated fiscal year under review was approximately 0.7% in each case.」
Although production and sales at the Russian site have not been suspended, the Company identified as new risks the difficulty of predicting the impact of the situation and the possibility of higher energy and raw material prices at other European sites. The Russian subsidiary's sales and net assets each accounted for approximately 0.7%.