Uncertain Outlook Due to the Situation in Ukraine, Surging Raw Material and Energy Prices, and Continued Yen Depreciation
First written in FY2022. 6 of 13 entries say "Reframed", first in FY2024-Q1. Latest entry: 2026-11-06.
The whole theme swung hardest in 2025: 9 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-11-06MitigatedRevisions to earnings forecasts
「2027 年３月期通期の業績予想につきましては、前回発表予想時の計画では中東情勢の長期化による地政学リスクに伴う原材料、エネルギー価格の高騰や、人手不足による人件費、物流費の上昇など、収益に及ぼす影響が高いと考えておりましたが、コスト上昇の懸念は引き続きあるものの、計画を下回ることが予想されることから、営業利益、経常利益、親会社株主に帰属する当期純利益は大幅に上回る見通しであります。」
地政学リスクや人手不足に伴うコスト上昇の懸念は継続する一方、コスト上昇は計画を下回る見通しと説明した。元スレッドは変更しない。 - FY2026Added labour shortages, labour and logistics costs, and US trade policyAnnual report
「Meanwhile, prices continued to rise across a broad range of goods due to higher labour and logistics costs caused by labour shortages, US trade policy, and the continuing depreciation of the yen. In addition, the business environment remained uncertain due to heightened geopolitical risks, including the prolonged Russian invasion of Ukraine and conditions in the Middle East.」
In addition to existing geopolitical risks and soaring energy and raw material prices, the company identifies rising labor and logistics costs due to labor shortages, U.S. trade policy, yen depreciation and rising prices as factors of uncertainty. - 2026-05-15ReframedResults
「一方で人手不足に伴う人件費・物流費の上昇や、円安の進行などの影響を受けて幅広い品目で当社の調達する部材等の価格上昇が懸念されます。また海外の地政学リスクの高まりなどにより、石油由来の部材の調達遅れなど、経営環境は不透明な状況が続くものと予想されます。」
リスク要因が、人件費・物流費、円安、部材価格、地政学リスク、石油由来部材の調達遅れとして整理されている。 - FY2026-H1ReframedAnnual report
「During the interim consolidated accounting period, the Japanese economy continued on a gradual recovery trend, supported by improving employment and income conditions and increased inbound demand, but the outlook remained uncertain due to sluggish personal consumption caused by higher prices, soaring raw material and energy prices resulting from unstable international conditions, and the impact of US policy developments.」
The risk factors have been reorganised from the previous references to the situation in Ukraine, the depreciation of the yen, and extended delivery times into sluggish personal consumption caused by higher prices, soaring raw material and energy prices resulting from unstable international conditions, and US policy developments. - FY2025-H1ReframedAnnual report
「During the interim consolidated accounting period, the Japanese economy continued on a gradual recovery trend as social and economic activity moved toward normalisation, although the outlook remained uncertain due to soaring energy and raw material prices caused by geopolitical risks.」
The wording has been reorganised from the previous specific references to the situation in Ukraine, the depreciation of the yen, and extended delivery times into soaring energy and raw material prices caused by geopolitical risks. - FY2024ReframedAnnual report
「Meanwhile, the outlook is expected to remain uncertain due to rising geopolitical risks, soaring energy and raw material prices, and the impact of higher prices on personal consumption.」
The risk factors have been reorganised from the previous specific references to the situation in Ukraine, the depreciation of the yen, and extended delivery times into geopolitical risks, soaring energy and raw material prices, and the impact of higher prices on personal consumption. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended December 2023, the Japanese economy continued on a gradual recovery trend as social and economic activity moved toward normalisation, although the outlook is expected to remain uncertain due to soaring energy and raw material prices caused by geopolitical risks and extended delivery times.」
While describing the normalisation of social and economic activity and the gradual recovery trend, it continues to identify geopolitical risks, soaring energy and raw material prices, and extended delivery times as factors contributing to uncertainty about the outlook. - FY2024-Q2RestatedAnnual report
「During the six-month period ended September 2023, the Japanese economy continued on a gradual recovery trend as social and economic activity gradually moved toward normalisation, although the outlook is expected to remain uncertain due to soaring energy and raw material prices caused by geopolitical risks and extended delivery times.」
While describing the normalisation of social and economic activity and the gradual recovery trend, it continues to identify geopolitical risks, soaring energy and raw material prices, and extended delivery times as factors contributing to uncertainty about the outlook. - FY2024-Q1ReframedAnnual report
「Meanwhile, the outlook is expected to remain uncertain due to rising geopolitical risks, soaring energy and raw material prices, and extended delivery times.」
The wording has been reorganised from the previously explicit references to the situation in Ukraine and the depreciation of the yen into generalised uncertainty factors, namely geopolitical risks, energy and raw material prices, and extended delivery times. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended December 2022, the Japanese economy showed signs of a return to normal economic activity as restrictions on activity were eased while the impact of COVID-19 continued, but the outlook remained uncertain due to the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
It continues to identify the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen as factors contributing to uncertainty about the outlook. - FY2023-Q2RestatedAnnual report
「During the six-month period ended September 2022, the Japanese economy showed signs of a recovery in economic activity as COVID-19 vaccinations progressed, but the outlook remained uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
It continues to identify the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen as factors contributing to uncertainty about the outlook. - FY2023-Q1RestatedAnnual report
「The outlook is expected to remain uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
It continues to identify the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen as factors contributing to uncertainty about the outlook. - FY2022First statedAnnual report
「It is expected that the outlook will remain uncertain due to the rapid spread of infections caused by new variants, the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen.」
In FY2022, it explicitly identified the situation in Ukraine, soaring raw material and energy prices, and the continuing depreciation of the yen as factors contributing to uncertainty about the outlook for the first time. Although the price increases and yen depreciation were described as events that had already occurred, their impact on the business was presented as a future uncertainty factor.