Rising Raw Material and Crude Oil Prices and Financial Market Volatility Due to the Situation in Ukraine and Other Factors
First written in FY2023-Q1. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「During the consolidated fiscal year, the Japanese economy was on a recovery trend due to improvements in the employment and income environment, including wage increases led by large companies, despite the effects of prolonged international instability and higher costs in Japan due to the weaker yen. However, uncertainty about the outlook continues, including rising costs resulting from higher prices.」
The disclosure reiterates uncertainty in the external environment, including international conditions, the weaker yen and the cost burden caused by higher prices. - FY2026-H1ReframedAnnual report
「During the interim consolidated accounting period, the Japanese economy was affected by concerns over uncertainty arising from U.S. trade policy and the continued high interest-rate environment, mainly in Europe and the United States. Although some regions showed signs of stagnation, the economy as a whole remained on a moderate recovery track.」
Regarding risks in the external environment, U.S. trade policy and the continued high interest-rate environment in Europe and the United States have been added as sources of uncertainty alongside prices, foreign exchange rates and geopolitical factors. - FY2024ReframedAnnual report
「During the current fiscal year, Japan's economy was on a gradual recovery trend, despite the impact of rising prices and other factors, as personal consumption increased following the removal of restrictions on economic activity related to COVID-19. However, uncertainty continues, amid concerns about the impact of foreign exchange movements and the effects of monetary tightening worldwide on economic conditions.」
Regarding uncertainty in the external environment, the wording has shifted from focusing primarily on the situation in Ukraine and resource prices to focusing on the impact on the economy of prices, foreign exchange rates and global monetary tightening. - FY2024-Q3RestatedAnnual report
「However, uncertainty continues, including higher costs resulting from rising prices.」
The Company continues to identify the uncertain external environment, including higher costs resulting from rising prices, as a risk factor, as before. - FY2024-Q1ReframedAnnual report
「However, uncertainty continues, including higher costs resulting from rising prices.」
Regarding factors contributing to uncertainty in the external environment, the Company focuses this quarter on higher costs resulting from rising prices, in addition to the situation in Ukraine, foreign exchange and resource prices cited previously. - FY2023RestatedAnnual report
「However, the outlook remains difficult, with rising geopolitical risks, including the prolonged situation in Ukraine, as well as foreign exchange volatility and higher prices resulting from monetary tightening around the world.」
The Company reiterates uncertainty in the external environment, including the situation in Ukraine, foreign exchange volatility and higher prices resulting from monetary tightening. - FY2023-Q2RestatedAnnual report
「However, uncertainty continues, including the impact of the COVID-19 pandemic, the yen's depreciation in the foreign exchange market, the situation in Ukraine and surging resource prices.」
The Company reiterates the uncertainty caused by COVID-19, the yen's depreciation, the situation in Ukraine and surging resource prices as risk factors. - FY2023-Q1First statedAnnual report
「However, uncertainty continues, including the possibility of further increases in raw material and crude oil prices due to the situation in Ukraine and volatility in the financial and capital markets.」
The Company newly identifies increases in raw material and crude oil prices associated with the situation in Ukraine and volatility in the financial and capital markets as factors contributing to the uncertain outlook.