Political, Regulatory and Supply Disruption Risks in Overseas Markets
First written in FY2016. 17 of 33 entries say "Worsened", first in FY2019-Q1. Latest entry: 2026-08-06.
Faltec moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 40 of 82 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「また、中東地域の情勢緊迫化により、原材料市況の急激な上昇やエネルギー供給への影響が懸念される等、先行きについては不確実性が高まっております。」
中東地域の地政学的リスク、原材料市況およびエネルギー供給への影響懸念を継続して記載している。 - FY2026WorsenedAnnual report
「The business environment surrounding the Group remained difficult owing to persistently high raw-material and energy costs, rising labor and logistics costs, sharp exchange-rate fluctuations and other factors. In addition, uncertainty about the outlook increased as rising geopolitical risks in the Middle East raised concerns about a sharp increase in raw-material market prices and impacts on energy supplies.」
In addition to the previously cited political, trade and supply-disruption risks, the disclosure newly specifies the potential impact of geopolitical risks in the Middle East on raw-material market prices and energy supplies. - FY2026-H1WorsenedAnnual report
「The automotive industry in which the Group operates remained in a difficult environment, owing to US tariff policies and their impact in the form of lower production and sales volumes in the Japanese market, as well as declining market share for Japanese manufacturers in China.」
US tariff policies and their impact were specifically disclosed as sources of uncertainty relating to overseas political and trade policies. - FY2024RestatedAnnual report
「Overseas automotive industry trends are affected by economic, interest-rate and foreign-exchange conditions, and social disruptions such as delays or cancellations in materials procurement, production, sales and transportation may occur owing to political developments, amendments to laws and regulations, tax reforms, terrorism, war and other factors」
The disclosure continues to describe risks relating to overseas economic and foreign-exchange conditions, political and regulatory conditions, and procurement, production and transportation, as well as the response through information gathering and flexible production and sales structures. - FY2024-Q3RestatedAnnual report
「The business environment surrounding the Group remained uncertain owing to persistently high raw-material and energy costs, rising labor and logistics costs, sharp exchange-rate fluctuations and other factors.」
The disclosure states that uncertainty in the business environment continues owing to raw-material and energy costs, labor and logistics costs, exchange-rate volatility and other factors. - FY2024-Q2WorsenedAnnual report
「The business environment surrounding the Group remained uncertain owing to soaring raw-material and energy costs, rising labor and logistics costs, continued yen depreciation accompanying the widening interest-rate differential between Japan and the United States, concern over the Chinese economy and other factors.」
In addition to previously cited soaring costs and exchange-rate volatility, the disclosure specifically mentions continued yen depreciation owing to the Japan-US interest-rate differential and concern over the Chinese economy, and states that uncertainty about the outlook continues. - FY2024-Q1RestatedAnnual report
「Although the business environment surrounding the Group was on a recovery track as restrictions on movement related to COVID-19 were eased, the outlook remained uncertain owing to persistently high raw-material and energy costs, rising labor and logistics costs, the prolonged situation in Ukraine, sharp exchange-rate fluctuations and other factors」
While describing the easing of restrictions on movement related to the infection and a recovery trend, the disclosure continues to describe uncertainty in the business environment, including overseas markets, owing to the situation in Ukraine, rising costs and exchange-rate volatility. - FY2023-Q3WorsenedAnnual report
「The business environment surrounding the Group became increasingly difficult owing to the continuing global semiconductor supply shortage, soaring raw-material and energy market prices, the prolonged invasion of Ukraine by Russia, sharp exchange-rate fluctuations and other factors.」
The disclosure cites the continuing semiconductor shortage, soaring raw-material and energy market prices, the prolonged invasion of Ukraine by Russia and exchange-rate volatility, and states that the business environment became more difficult. - FY2023-Q2RestatedAnnual report
「The business environment surrounding the Group remained uncertain owing to the prolonged global semiconductor supply shortage, soaring raw-material and energy costs, Russia’s invasion of Ukraine, sharp exchange-rate fluctuations and other factors.」
The disclosure states that uncertainty about the outlook continues owing to the prolonged semiconductor shortage, soaring raw-material and energy costs, Russia’s invasion of Ukraine and exchange-rate volatility. - FY2023-Q1RestatedAnnual report
「The business environment surrounding the Group remained uncertain owing to the prolonged global semiconductor supply shortage, soaring raw-material and energy costs, the impact of Russia’s invasion of Ukraine, sharp exchange-rate fluctuations and other factors.」
The disclosure reconfirms continued uncertainty in the business environment, including overseas markets, owing to the prolonged semiconductor shortage, soaring raw-material and energy costs, Russia’s invasion of Ukraine and exchange-rate volatility. - FY2022WorsenedAnnual report
「Although economic activity had stagnated owing to the global spread of COVID-19, the economy was on a gradual recovery track, particularly in developed countries, owing in part to progress in vaccinations. However, the outlook became increasingly uncertain owing to differences in vaccination rates between countries, the prolonged global semiconductor supply shortage, soaring raw-material and energy costs, the impact of Russia’s invasion of Ukraine, sharp exchange-rate fluctuations and other factors.」
While describing a recovery trend, the disclosure adds the prolonged semiconductor shortage, soaring raw-material and energy costs, Russia’s invasion of Ukraine and exchange-rate volatility as new sources of uncertainty. - FY2022-Q3WorsenedAnnual report
「Although economic activity had stagnated owing to the global spread of COVID-19, the economy was on a gradual recovery track, particularly in developed countries, owing in part to progress in vaccinations. However, the outlook remained uncertain owing to differences in vaccination rates between countries, the prolonged global semiconductor supply shortage and the renewed spread of infections caused by COVID-19 variants.」
While describing a recovery trend, particularly in developed countries, the disclosure newly specifies the prolonged semiconductor supply shortage and the renewed spread of infections caused by variants, and continues to describe uncertainty about the outlook. - FY2022-Q2WorsenedAnnual report
「Although global production and sales volumes had been recovering, rapid production adjustments continued to occur globally from the second quarter of the current fiscal year onward owing to semiconductor shortages and supply-chain disruptions caused by the spread of COVID-19, mainly in developing countries.」
The disclosure states that rapid production adjustments continued to occur against a backdrop of a recovery trend in global production and sales volumes, semiconductor shortages and supply-chain disruptions caused by the infection. - FY2022-Q1RestatedAnnual report
「Although economic activity had stagnated owing to the global spread of COVID-19, the economy was on a gradual recovery track, partly owing to the start of vaccination programs. However, the outlook remained uncertain owing to differences in vaccination progress between countries, the emergence of COVID-19 variants and the global semiconductor supply shortage.」
While describing a recovery trend following the start of vaccination programs, the disclosure continues to describe uncertainty about the outlook, including overseas markets, owing to differences in vaccination progress between countries, variants and the semiconductor supply shortage. - FY2021RestatedAnnual report
「Overseas automotive industry trends are affected by economic, interest-rate and foreign-exchange conditions, and social disruptions such as delays or cancellations in materials procurement, production, sales and transportation may occur owing to political developments, amendments to laws and regulations, tax reforms, terrorism, war and other factors」
The disclosure continues to describe risks relating to overseas economic and foreign-exchange conditions, political and regulatory conditions, and procurement, production and transportation, as well as the response through information gathering and flexible production and sales structures. - FY2021-Q3MitigatedAnnual report
「Although economic activity had stagnated owing to the global spread of COVID-19, it was beginning to recover gradually as countries resumed economic activity and governments introduced economic support measures. However, as no fundamental measures had yet been implemented to address COVID-19, the outlook remained uncertain.」
The disclosure states that the economic environment, including overseas markets, was beginning to recover gradually as countries resumed economic activity and governments introduced support measures, while continuing to recognize that the outlook remained uncertain because no fundamental measures had been implemented to address the infection. - FY2021-Q2WorsenedAnnual report
「The automotive industry in which the Group operates also saw a sharp decline in global sales and production volumes.」
The substantial decline in sales and production volumes continued in the global automotive market, including overseas markets, and revenue from the North America and Other segment fell 60.6% year on year. - FY2021-Q1WorsenedAnnual report
「The automotive industry in which the Group operates also saw global sales and production volumes decline sharply, resulting in an uncertain outlook.」
The global decline in automotive sales and production volumes is described as part of the actual business environment owing to the impact of COVID-19, and demand and supply conditions, including in overseas markets, deteriorated further. - FY2020WorsenedAnnual report
「The automotive industry in which the Group operates also saw global sales and production volumes decline, resulting in an uncertain outlook.」
In addition to uncertainty over overseas political conditions, trade and the EU withdrawal, global sales and production volumes declined. - FY2020-Q3WorsenedAnnual report
「Although the automotive industry in which the Group operates had remained steady, global sales and production volumes recently declined amid increasing uncertainty in Japan and overseas, and uncertainty about the outlook continued.」
The disclosure states that uncertainty increased in Japan and overseas and that global sales and production volumes were declining, making the deterioration in demand and supply conditions, including in overseas markets, more concrete. - FY2020-Q2RestatedAnnual report
「The business environment surrounding the Group has become more uncertain globally due to the impact of protectionist US policies, concerns over US-China trade friction and the UK’s Brexit issue. In Japan, the improving trends in corporate earnings and employment have shown signs of pausing, and the economic recovery trend is beginning to weaken. In the automotive industry to which the Group belongs, the outlook has become less clear amid increasing uncertainty overseas.」
The disclosure continues to cite uncertainty in overseas markets and the global economy resulting from US protectionism, US-China trade friction, the UK’s EU withdrawal issue and other factors. - FY2020-Q1WorsenedAnnual report
「The business environment surrounding the Group remained subject to increasing uncertainty in the global economy owing to the impact of protectionist US policies, concern over US-China trade friction, the UK’s EU withdrawal issue and other factors」
The disclosure cites US protectionism, US-China trade friction and the UK’s EU withdrawal issue, and states that uncertainty in the global economy, including overseas markets, increased. - FY2019RestatedAnnual report
「Overseas automotive industry trends are affected by economic, interest-rate and foreign-exchange conditions, and social disruptions such as delays or cancellations in materials procurement, production, sales and transportation may occur owing to political developments, amendments to laws and regulations, tax reforms, terrorism, war and other factors」
The disclosure reconfirms uncertainty relating to overseas economic and foreign-exchange conditions, political and regulatory conditions, and procurement, production and transportation, as well as the response through information gathering and flexible production and sales structures. - FY2019-Q3WorsenedAnnual report
「Although uncertainty in the global economy increased owing to the impact of protectionist US policies and concern over US-China trade friction, the domestic economy remained on a moderate recovery track, supported by improving trends in corporate earnings and employment. Although the automotive industry in which the Group operates had remained steady, uncertainty about the outlook emerged as uncertainty increased overseas.」
Against a backdrop of protectionist US policies and concern over US-China trade friction, uncertainty in the global economy increased and uncertainty about the overseas outlook was specifically disclosed. The disclosure itself contains no specific figures. - FY2019-Q2WorsenedAnnual report
「Although the automotive industry in which the Group operates had remained steady, uncertainty about the outlook emerged as uncertainty increased overseas.」
The automotive industry remained steady, while uncertainty increased overseas and the outlook became more uncertain. - FY2019-Q1WorsenedAnnual report
「Although uncertainty in the global economy increased owing to the impact of protectionist US policies and concern over US-China trade friction, the domestic economy remained on a moderate recovery track, supported by improving trends in corporate earnings and employment.」
The disclosure states that uncertainty in the global economy increased owing to protectionist US policies and concern over US-China trade friction. - FY2018RestatedAnnual report
「Overseas automotive industry trends are affected by economic, interest-rate and foreign-exchange conditions, and social disruptions such as delays or cancellations in materials procurement, production, sales and transportation may occur owing to political developments, amendments to laws and regulations, tax reforms, terrorism, war and other factors」
The disclosure reiterates the risks relating to overseas political conditions, regulations, taxation, procurement, production, sales and transportation, as well as the policy of responding through information gathering and flexible production and sales structures. - FY2018-Q1RestatedAnnual report
「Although uncertainty remained owing to political instability overseas and slowing growth in emerging-market economies, the business environment generally remained on a moderate recovery track, supported by steady economic conditions in Europe and the United States.」
Although uncertainty remained owing to political instability overseas and slowing growth in emerging-market economies, the disclosure states that there were no material changes to the risks associated with the business environment. - FY2017RestatedAnnual report
「The business environment surrounding the Group remained uncertain, with exchange rates fluctuating sharply owing to the slowdown in emerging-market economies, particularly China, the UK’s decision to leave the EU, the outcome of the US presidential election and other factors.」
The disclosure reconfirms the uncertain overseas environment resulting from the slowdown in emerging-market economies, the UK’s departure from the EU and the impact of the US presidential election. - FY2017-Q3MaterialisedAnnual report
「The economy remained uncertain, with exchange rates fluctuating sharply owing to the slowdown in emerging-market economies, particularly China, the decision for the UK to leave the EU, the outcome of the US presidential election and other factors.」
Exchange-rate volatility resulting from the slowdown in emerging-market economies, the UK’s decision to leave the EU and the outcome of the US presidential election is described as part of the actual business environment. - FY2016First statedAnnual report
「Political developments, amendments to laws and regulations, tax reforms, and social disruptions such as delays or cancellations in materials procurement, production, sales and transportation caused by terrorism, war and other factors may occur」
The company states that it will seek to mitigate these risks through information gathering and flexible production and sales structures.