Rising price pressures and uncertainty in the operating environment due to the situation in Ukraine

「The situation remains uncertain due to cost increases stemming from higher material prices and material shortages caused by the situation in the Middle East and other factors, natural disasters, and fluctuations in financial and capital markets.」

「With geopolitical risks rising in the Middle East and concerns over further inflation resulting from soaring crude oil prices, the recovery in consumer sentiment remains uncertain and the challenging business environment continues.」

「さらに、２月末からは新たにイランへの軍事行動が開始され、原油価格高騰による一層の物価上昇も懸念されるなど、消費者マインドの持ち直しは依然不透明であり、厳しい経営環境が続いております。」

「On the other hand, the outlook remains uncertain, owing to continuing inflation, foreign exchange fluctuations, and downside risks to the domestic economy resulting from U.S. tariff policy.」

「On the other hand, the outlook for the economy remains uncertain, owing to continuing inflation and developments under the new U.S. administration.」

「On the other hand, the outlook remains uncertain due in part to the impact of high prices resulting from unstable international conditions and political circumstances, persistently high raw material prices, and continued yen depreciation. The region was also hit by record heat and heavy rainfall.」

「The outlook is expected to continue showing a gradual recovery, but downside risks to the economy are also foreseeable, including monetary tightening overseas and concerns over a slowdown in the Chinese economy. In addition, close attention is required to supply chain disruptions and volatility in financial and capital markets resulting from the prolongation and intensification of geopolitical risks.」

「The outlook remains uncertain, affected by concerns over a global recession resulting from soaring global energy and food prices and monetary tightening in Europe and the United States, as well as continuing geopolitical risks.」

「Although the advertising industry faces uncertainty over the outlook, including the situation in Ukraine and the failure of financial institutions in Europe and the United States, concerns over a downturn in overseas economies due to global inflationary trends and sharp fluctuations in foreign exchange and financial markets have made the outlook for the economy uncertain.」

「The outlook remains uncertain, owing to growing concerns over recession in Europe and the United States, soaring prices against a backdrop of supply chain disruptions and the impact of the situation in Ukraine, and rising prices resulting from unstable movements in foreign exchange markets.」

「However, conditions remained uncertain, amid concerns over a resurgence in infections, the prolonged situation involving Russia and Ukraine, the impact of soaring raw material and energy prices, and trends in foreign exchange markets and the global economy against a backdrop of global monetary tightening.」

「However, uncertainty remains regarding the outlook, including potential anxiety over COVID-19 infections, sharp yen depreciation resulting from the Bank of Japan's continued monetary easing while monetary tightening progresses globally, and accelerating global inflation accompanying higher raw material and energy prices due to Russia's invasion of Ukraine.」

「Inflation was observed due to the emergence of new COVID-19 variants and renewed spread of infections, supply-chain disruptions, the weaker yen, and soaring energy prices accompanying Russia's invasion of Ukraine. At present, inflation and the spread of COVID-19 infections, the seventh wave, continue, and the outlook remains uncertain.」

「In addition to developments in the COVID-19 pandemic, the outlook remains uncertain due to factors including mounting inflationary pressures and the increasingly tense situation in Ukraine.」