Import prices, foreign exchange and geopolitical risks arising from dependence on overseas supplies of petroleum products and LP gas
First written in FY2017. 7 of 14 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2026.
Sanrin moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 5 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The conflict in the Middle East surrounding Iran that broke out in February this year had a serious impact on the global economy through a sharp rise in crude oil prices and concerns over energy supplies. Japan depends on the Middle East for approximately 90% of its crude oil imports, and the situation made clear that the impact on the economy, industry and daily life could be severe, including higher fuel oil prices and inflation caused by difficulty procuring crude oil, as well as declining production activity caused by shortages of petrochemical products.」
It describes the actual impact of the conflict in the Middle East in the form of a sharp rise in crude oil prices, concerns over energy supplies and difficulty procuring crude oil, and also indicates that approximately 90% of Japan's crude oil imports depend on the Middle East. - 2026-05-12WorsenedResults
「２月にイスラエル・アメリカによるイラン攻撃が勃発したことにより原油価格が高騰したことに加え、人件費、材料費、輸送費など様々なコストが上昇しており、当社を取り巻く経営環境は厳しい状況が続いております。」
海外情勢・地政学要因に加え、人件費、材料費、輸送費の上昇をエネルギー事業の経営環境に影響する要因として記載している。 - FY2026-H1ReframedAnnual report
「In the energy industry related to our Group, personnel and logistics costs continue to rise, and we need to continue monitoring the impact on management of global warming and geopolitical risks, including those in the Middle East.」
In addition to the impact of overseas conditions and geopolitical factors on energy-related businesses, it identifies higher personnel and logistics costs and global warming as matters requiring management attention, broadening the scope of its risk disclosures. - FY2025WorsenedAnnual report
「In the energy industry related to our Group, in addition to heightened tensions in the Middle East and energy prices remaining high because of the prolonged situation between Russia and Ukraine, procurement prices for various supply equipment and machinery have risen, personnel and logistics costs have increased substantially, and subsidies under the Fuel Oil Price Volatility Mitigation Program have been reduced. We need to monitor the potential impact of these and other factors on future consumer activity, and the challenging business environment surrounding our Company continues.」
In addition to energy prices remaining high against a backdrop of overseas conditions, factors affecting imports and procurement have broadened to include procurement prices for equipment and machinery and logistics costs. - FY2025-H1WorsenedAnnual report
「In the energy industry related to our Group, energy prices have remained high because of the worsening situation in the Middle East and the prolonged situation between Russia and Ukraine. In addition, higher transportation costs are having an impact, and the challenging operating environment surrounding our Company continues.」
In addition to energy prices remaining high against a backdrop of overseas conditions, the worsening situation in the Middle East and higher transportation costs have broadened the range of risks related to imports and procurement. - FY2024WorsenedAnnual report
「In the energy industry related to our Group, energy prices have remained high because of the prolonged situation between Russia and Ukraine and growing geopolitical risks surrounding the Middle East. In addition, procurement prices for various supply equipment and machinery have continued to rise substantially because of higher steel and other material prices, and we need to continue monitoring the impact on management.」
In addition to the prolonged situation between Russia and Ukraine and geopolitical risks in the Middle East, it identifies higher procurement prices for supply equipment and machinery caused by surging steel and other material prices as an additional factor, broadening the scope of international conditions and resource-price risks. - FY2024-Q3WorsenedAnnual report
「In the energy industry related to our Group, energy prices have remained high because of the prolonged situation between Russia and Ukraine and growing geopolitical risks surrounding the situation in the Middle East, and a challenging operating environment is expected to continue.」
It explains that risks to energy prices and procurement conditions arising from overseas conditions have increased because, in addition to the prolonged situation between Russia and Ukraine, geopolitical risks surrounding the Middle East have intensified, and that challenging conditions will continue. - FY2024-Q2ReframedAnnual report
「In the energy industry related to our Group, we have been affected by higher import costs resulting from the situation between Russia and Ukraine, transportation costs and the yen's depreciation. We therefore need to continue monitoring developments and respond appropriately.」
In addition to the traditional risks from resource prices and geopolitical factors, it identifies higher import costs caused by transportation costs and the yen's depreciation as specific factors affecting the business. - FY2024-Q1RestatedAnnual report
「In the energy industry related to our Group, the surge in resource prices and sharp fluctuations in energy prices caused by the prolonged situation between Russia and Ukraine and other factors have continued. We need to continue monitoring developments in the international energy situation, and the business environment surrounding our Company remains challenging.」
It continues to recognise the traditional risk that international conditions and fluctuations in resource and energy prices affect the business environment. - FY2023-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, the economy continued to recover toward normalization after the COVID-19 pandemic, but prices rose due to surging raw material costs and higher costs resulting from the weaker yen, making their impact on companies and households increasingly pronounced.」
It states that higher raw material costs and cost increases caused by the yen's depreciation have continued, with procurement costs, including overseas factors and foreign exchange, having a pronounced impact on companies and households. - FY2023-Q2WorsenedAnnual report
「In our Group's energy-related businesses, procurement prices for LP gas, petroleum products and electricity have risen substantially because of higher crude oil and other energy prices, driven by the situation between Russia and Ukraine and global economic trends, together with the yen's depreciation. These have become factors with a significant impact on our Group's performance.」
Overseas conditions, crude oil prices and foreign exchange rates have actually had a significant impact on procurement prices for LP gas, petroleum products and other items, becoming factors affecting performance. - FY2021RestatedAnnual report
「Our Group is highly dependent on overseas supplies of the LP gas and petroleum products it handles. Price trends and geopolitical factors could therefore have a material impact on operating results and financial position.」
It continues to describe the high dependence on overseas supplies of LP gas and petroleum products and the potential impact of prices and geopolitical factors on performance and financial position. - FY2020RestatedAnnual report
「Our Group is highly dependent on overseas supplies of the LP gas and petroleum products it handles. Price trends and geopolitical factors could therefore have a material impact on operating results and financial position.」
It continues to describe the high dependence on overseas supplies of LP gas and petroleum products and the potential impact of prices and geopolitical factors on performance. - FY2017First statedAnnual report
「Our Group is highly dependent on overseas supplies of the petroleum products and LP gas it handles. Price trends and geopolitical factors could therefore have a material impact on operating results and financial position.」
It identifies the high dependence on overseas supplies of petroleum products and LP gas as a risk, with price trends and geopolitical factors potentially affecting performance and financial position.