Uncertainty over the economic outlook due to yen depreciation, rising resource and energy prices, and other factors
First written in FY2024-Q2. 5 of 8 entries say "Restated". Latest entry: 2026-08-10.
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- 2026-08-10RestatedEarnings
「Meanwhile, the outlook remains uncertain due to supply constraints on resources and energy resulting from heightened tensions in the Middle East, as well as the Bank of Japan's interest-rate hikes and the rapid depreciation of the yen in Japan.」
The Middle East situation, constraints on resource and energy supplies, domestic rate hikes, and yen depreciation were reconfirmed as factors contributing to uncertainty in the business outlook. - FY2026WorsenedAnnual report
「The economic outlook remains uncertain due to US trade policy developments, surging raw material prices and inflation, heightened tensions in the Middle East, and factors contributing to financial market volatility.」
In addition to the previously cited yen depreciation and inflation, the company explicitly identified US trade policy, conditions in the Middle East, and financial market volatility as factors contributing to uncertainty. - 2026-05-14RestatedEarnings
「Meanwhile, the outlook for the economy remains uncertain due to developments in U.S. trade policy, soaring raw-material prices and inflation, heightened tensions in the Middle East, and volatility in financial markets, among other factors.」
The uncertainty surrounding the outlook due to raw-material prices, inflation, geopolitical conditions, and financial-market volatility was reconfirmed. - FY2026-H1RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the impact of domestic political instability on financial markets, continued yen depreciation and the resulting inflation, geopolitical risks, and uncertainty in the global economy.」
The company reconfirmed uncertainty in the economic outlook arising from domestic political instability, yen depreciation and inflation, geopolitical risks, and uncertainty in the global economy. - FY2025RestatedAnnual report
「Inflationary pressure from surging raw material prices against a backdrop of yen depreciation and geopolitical risks is intensifying, while the outlook for the economy remains uncertain due to future US policy developments and the impact of global monetary tightening.」
The company reconfirmed uncertainty in the operating environment arising from yen depreciation, geopolitical risks, raw material prices and monetary tightening. - FY2025-H1WorsenedAnnual report
「The economic outlook remains uncertain due to soaring energy and raw material prices against a backdrop of geopolitical risks, continued yen depreciation and the resulting inflation, and the impact of higher interest rates on corporate earnings.」
In addition to the previously cited yen depreciation and higher resource prices, the company explicitly identified geopolitical risks and the impact of higher interest rates on corporate earnings, expanding the factors contributing to uncertainty. - FY2024-Q3RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to inflation and continued yen depreciation accompanying surging raw material prices, as well as concerns about an economic slowdown resulting from global monetary tightening.」
The company reconfirmed the uncertain operating environment, including yen depreciation, higher consumer and raw material prices, and concerns about an economic slowdown resulting from global monetary tightening. - FY2024-Q2First statedAnnual report
「Meanwhile, the economic outlook remains uncertain, with resource and energy prices rising against a backdrop of continued yen depreciation and unstable conditions overseas.」
The company cited uncertainty in the economic outlook arising from yen depreciation, unstable conditions overseas, and higher resource and energy prices as a new risk in the operating environment.