Economic uncertainty from the prolonged war in Ukraine and global inflation
First written in FY2023-Q2. 4 of 8 entries say "Restated". Latest entry: FY2026.
Hyuga Primary Care moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 25 of 36 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The Japanese economy during the consolidated fiscal year remained in an unstable business environment, affected by geopolitical developments including heightened tensions in the Middle East and by rising prices.」
In addition to the situation in Ukraine and related factors previously disclosed, the heightened tensions in the Middle East are cited, and the instability of the business environment resulting from geopolitical impacts and rising prices is described. - 2026-05-14ReframedRevision of earnings forecasts
「The Japanese economy during the consolidated fiscal year remained in an unstable business environment, affected by geopolitical developments including heightened tensions in the Middle East and by rising prices.」
The description of the external environment has shifted from the situation in Ukraine and soaring prices to heightened tensions in the Middle East and rising prices. - FY2025WorsenedAnnual report
「Japan’s economy during the consolidated fiscal year was affected by geopolitical factors, including the US announcement of reciprocal tariffs and Russia’s invasion of Ukraine, and the business environment remained unstable due to rising prices and other factors.」
In addition to the situation in Ukraine and soaring prices previously disclosed, the US announcement of reciprocal tariffs and other new geopolitical and trade factors are identified as sources of instability in the external environment. - FY2024-Q3RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the prolonged situation in Ukraine and soaring global prices, among other factors.」
The economic uncertainty resulting from the prolonged situation in Ukraine and soaring global prices continues to be disclosed. - FY2024-Q2RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the prolonged situation in Ukraine and soaring global prices, among other factors.」
The economic uncertainty resulting from the prolonged situation in Ukraine and soaring global prices continues to be disclosed. - FY2024-Q1RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to the prolonged situation in Ukraine and soaring global prices, among other factors.」
The economic uncertainty resulting from the prolonged situation in Ukraine and soaring global prices continues to be disclosed. - FY2023-Q3RestatedAnnual report
「Japan’s economy during the fiscal year remained uncertain, as the outlook was affected by the prolonged situation in Ukraine and soaring global prices, despite the continuing easing of restrictions on activities amid the ongoing impact of COVID-19.」
The economic uncertainty resulting from the prolonged situation in Ukraine and soaring global prices continues to be disclosed. - FY2023-Q2First statedAnnual report
「Japan’s economy during the fiscal year remained uncertain, as the outlook was affected by the prolonged situation in Ukraine and soaring global prices, despite the continuing easing of restrictions on activities amid the ongoing impact of COVID-19.」
The prolonged situation in Ukraine and soaring global prices are disclosed for the first time as external environmental risks making the economic outlook uncertain.