Deteriorating operating environment due to yen depreciation and rising prices
First written in FY2023-Q1. 6 of 13 entries say "Restated". Latest entry: FY2027-H1.
Chichibu Railway moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2024: 11 of 25 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2027-H1MaterialisedAnnual report
「During the current interim consolidated accounting period, tourism demand remained firm, but the operating environment became challenging because of rising prices and soaring electricity rates.」
Rising prices and soaring electricity rates were specifically cited as factors behind the challenging operating environment. Operating profit fell 45.5% year on year and ordinary profit fell 51.5%. - 2026-08-06RestatedResults
「観光需要が引き続き好調に推移したものの、物価上昇の継続や各種材料の長納期化など、注視が必要な状況にありました。」
物価上昇と各種材料の長納期化を注視要因とする認識を継続している。 - FY2026WorsenedAnnual report
「During the current consolidated fiscal year, tourism demand remained strong, but conditions requiring continued monitoring persisted, including rising prices and longer lead times for various materials.」
In addition to rising prices, longer lead times for various materials were explicitly identified as factors requiring monitoring in the operating environment, broadening the sources of uncertainty in costs and business operations. - 2026-05-14RestatedResults
「During the current consolidated fiscal year, tourism demand remained strong, but conditions requiring continued monitoring persisted, including rising prices and longer lead times for various materials.」
観光需要の好調さと併せて、物価上昇や材料の長納期化を注視すべき経営環境として継続して示している。 - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, tourism demand remained firm, but conditions requiring continued monitoring persisted, including rising prices.」
The company continues to indicate that, although tourism demand remains firm, the operating environment continues to require monitoring because of rising prices and other factors. - FY2025RestatedAnnual report
「During the fiscal year, demand for tourism showed signs of increasing, but conditions requiring close monitoring continued, including rising prices of various goods.」
Although tourism demand is increasing, the company continues to recognize that the operating environment requires monitoring because of rising prices for various goods and services. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, human mobility in areas along the railway lines continued to show signs of recovery, but conditions requiring continued monitoring persisted, including rising prices for various goods and services.」
The company explained that, although human mobility along the railway lines continued to recover, the operating environment remained one requiring continued monitoring because of rising prices for various goods and services. The company continues to recognize the risk of higher prices. - FY2024MaterialisedAnnual report
「During the current consolidated fiscal year, although the COVID-19 classification under the Infectious Diseases Control Law was changed to Category V in May of the previous year and human mobility along the railway lines showed some recovery, the operating environment remained challenging due to rising prices for various goods and services.」
Although human mobility recovered to a certain extent, the challenging operating environment caused by rising prices for various goods and services continued throughout the fiscal year. - FY2024-Q1MaterialisedAnnual report
「Although the COVID-19 classification under the Infectious Diseases Control Law was changed to Category V in May and a recovery in human mobility was expected, the recovery along the railway lines was limited. Costs also increased because of rising prices for various goods and services, and conditions remained challenging.」
Rising prices for various goods and services were reflected in higher costs, while the recovery in human mobility after the pandemic remained limited, meaning that pressure on the operating environment continued in practice. - FY2023RestatedAnnual report
「However, the operating environment surrounding the group remained challenging, owing to successive waves of pandemic infections and rising prices for various goods and services, including electricity rates.」
The company explained that successive waves of pandemic infections and rising prices for various goods and services, including electricity rates, continued throughout the fiscal year, resulting in a persistently challenging operating environment. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter, restrictions on activity related to COVID-19 were eased, and there were signs of regional revitalization, including the opening of a large-scale commercial facility in Fukaya City in October. However, the business environment surrounding the Group remained difficult amid the repeated spread of the infection and further increases in the prices of various goods.」
In addition to successive waves of pandemic infections, prices for various goods and services rose further, with pressure on the operating environment continuing and intensifying. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter, restrictions on activity related to COVID-19 were eased, but the business environment surrounding the Group remained difficult amid the renewed spread of the infection from July and further increases in the prices of various goods.」
As in the previous quarter, the company reported that prices for various goods and services, driven by yen depreciation and other factors, continued to rise, increasing pressure on the operating environment. - FY2023-Q1First statedAnnual report
「The operating environment surrounding the group remained challenging, owing in part to rising prices for various goods and services as the yen continued to depreciate.」
The company identified for the first time rising prices for various goods and services associated with the yen’s continued depreciation as a factor, alongside the pandemic, behind the deterioration in the operating environment.