Inflation and higher credit costs driven by the situation in the Middle East, higher crude oil prices and geopolitical risk

「An acceleration in inflation resulting from surging crude oil prices due to a deterioration in the situation in the Middle East; deterioration in the performance of borrowers affected by higher interest costs and supply chain disruption; a decline in the corporate value of investment and financing counterparties and sectors with high market exposure due to volatility in domestic and overseas financial markets; and an acceleration in inflation or economic deterioration caused by delays in the response of monetary policy.」