Rising Raw Material Costs, Delivery Delays and Procurement Difficulties Caused by Geopolitical Risks
First written in FY2022. 6 of 13 entries say "Restated". Latest entry: 2026-09-11.
Nomura moved to the "Worse" side of this theme in 2026, 2 years after the typical company in this theme (2024).
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026-H1WorsenedAnnual report
「In the rice distribution industry, a major customer of the packaging-related business, market conditions remained unstable amid concerns that persistently high rice prices would weaken consumer purchasing sentiment, as well as concerns over disruptions to the supply of raw material inputs for materials following heightened tensions in the Middle East.」
The company identifies concerns over the supply of materials and raw materials arising from heightened tensions in the Middle East as a specific market-environment concern in the packaging-related business. - FY2025RestatedAnnual report
「The global economy continued to face an uncertain outlook due to geopolitical risks surrounding Ukraine and the Middle East, as well as developments in US trade policy.」
In addition to the situation in Ukraine and the previously cited resource-price and exchange-rate factors, the company identifies conditions in the Middle East and US trade policy as sources of uncertainty in the external environment. - FY2025-H1Addition of external-environment risk factorsAnnual report
「The outlook remains uncertain due to the risk of economic deterioration from US tariff policies and rising prices, among other factors.」
In addition to the previously cited geopolitical conditions, yen depreciation, and higher resource prices, the company identifies US tariff policies and the risk of economic deterioration from rising prices as factors contributing to an uncertain outlook. - FY2024RestatedAnnual report
「The products handled by our group use petrochemical products and other raw materials. Accordingly, as geopolitical risks arising amid the globalization of supply chains become apparent, there is a risk of events such as higher raw material costs, delivery delays, and procurement difficulties.」
The company continues to recognize higher raw material costs, delivery delays, and procurement difficulties due to geopolitical risks, with multiple and diversified suppliers and consideration of alternative products cited as responses. - FY2024-Q2RestatedAnnual report
「The outlook remains uncertain, due to the impact of domestic inflation resulting from the prolonged situation in Ukraine, continued yen depreciation, and surging energy and resource prices.」
The company continues to recognize uncertainty in the external environment due to geopolitical conditions, yen depreciation, and higher energy and resource prices. - FY2024-Q1RestatedAnnual report
「Among the rice distribution industry, a major customer base for our group, demand related to eating out showed signs of recovery as the flow of people increased. In the logistics industry, overall cargo movement recovered only gradually due partly to persistently high resource prices, but logistics demand remained firm, with the e-commerce market continuing to expand.」
The company continues to describe demand trends in both the rice distribution and logistics industries against a backdrop of uncertainty in the business environment caused by persistently high resource prices and other factors. - FY2023RestatedAnnual report
「The products handled by our group use petrochemical products and other raw materials. Accordingly, as geopolitical risks arising amid the globalization of supply chains become apparent, there is a risk of events such as higher raw material costs, delivery delays, and procurement difficulties.」
The company continues to recognize higher raw material costs, delivery delays, and procurement difficulties due to geopolitical risks, with multiple and diversified suppliers and consideration of alternative products cited as responses. - FY2023-Q2RestatedAnnual report
「At the same time, the outlook remains uncertain due to the prolonged situation in Ukraine, exchange-rate fluctuations, and persistently high resource prices, among other factors.」
The company continues to indicate uncertainty in the external environment due to geopolitical conditions, exchange-rate fluctuations, and persistently high resource prices. - FY2022First statedAnnual report
「As geopolitical risks arising amid the globalization of supply chains materialize, there is a risk of events such as higher raw material costs, delivery delays and difficulty in procurement.」
For the first time, higher raw material costs, delivery delays, and procurement difficulties arising from geopolitical events were explicitly identified as separate major risks, with multiple and diversified suppliers and consideration of alternative products cited as responses.