Downside to Economic and Business Conditions from Rising Raw Material Prices and Supply Constraints
First written in FY2022. 7 of 11 entries say "Restated". Latest entry: 2026-05-08.
Sg Holdings moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 3 of 8 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- 2026-05-08WorsenedResults presentation materials
「中東情勢の緊迫も重なり、外部環境の先行きの不透明感は増加」
米国の関税政策による荷動き鈍化と運賃軟化に加え、中東情勢の緊迫化によって外部環境の不透明感が増した。 - FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, Japan's economy showed signs of recovery in employment and income conditions and corporate capital investment, while the outlook remained uncertain due to concerns about a slowdown in the Japanese economy resulting from U.S. monetary and trade policies and the prolongation of geopolitical risks.」
The uncertain external environment caused by U.S. monetary and trade policies, concerns about a slowdown in the Japanese economy and prolonged geopolitical risks continues. - FY2025RestatedAnnual report
「However, the outlook remains uncertain due to the impact of U.S. monetary and trade policies, stagnation in China's real estate market and expanding geopolitical risks.」
The uncertain business environment caused by economic policies in the United States and China and geopolitical risks continues. - FY2025-H1RestatedAnnual report
「However, the outlook remains uncertain due to factors including rising resource prices, sharp exchange-rate fluctuations, concerns about a global economic downturn resulting from slower economic growth in the United States and China, and expanding geopolitical risks.」
The uncertain business environment caused by resource prices, exchange rates, slower growth in the United States and China, recession concerns and geopolitical risks continues. - FY2024-Q3RestatedAnnual report
「However, the outlook remains uncertain due to factors including rising prices in Japan, the ongoing depreciation of the yen in the foreign exchange market, continued global monetary tightening and expanding geopolitical risks, which have raised concerns about an economic downturn.」
The uncertain business environment caused by rising prices, yen depreciation, monetary tightening, geopolitical risks and recession concerns continues. - FY2024-Q2RestatedAnnual report
「However, the outlook remains uncertain due to factors including rising prices in Japan, the ongoing depreciation of the yen in the foreign exchange market, continued global monetary tightening and expanding geopolitical risks, which have raised concerns about an economic downturn.」
The uncertain business environment caused by rising prices, yen depreciation, monetary tightening, geopolitical risks and recession concerns continues. - FY2024-Q1RestatedAnnual report
「However, the outlook remains uncertain due to factors including rising prices in Japan, the continued depreciation of the yen in the foreign exchange market, continued global monetary tightening and expanding geopolitical risks, which have raised concerns about an economic downturn.」
The uncertain business environment caused by rising prices, yen depreciation, monetary tightening, geopolitical risks and recession concerns continues to be indicated. - FY2023-Q3WorsenedAnnual report
「Globally, uncertainty has increased further, with recession concerns emerging in some areas against a backdrop of advancing inflation, expanding geopolitical risks and monetary tightening.」
The Company explicitly identified rising recession concerns and increasing uncertainty against a backdrop of inflation, geopolitical risks and monetary tightening. - FY2023-Q2RestatedAnnual report
「Meanwhile, the outlook remains uncertain due to factors including rising prices and the accelerated depreciation of the yen in the foreign exchange market. Globally, uncertainty has increased further, with growth slowing in some areas against a backdrop of advancing inflation, expanding geopolitical risks and monetary tightening.」
In addition to rising prices and the accelerated depreciation of the yen, slower growth due to inflation, geopolitical risks and monetary tightening has continued to be identified as a source of uncertainty. - FY2023-Q1MaterialisedAnnual report
「Meanwhile, the outlook remains uncertain due to factors including soaring raw material prices and the accelerated depreciation of the yen in the foreign exchange market.」
Soaring raw material prices and the accelerated depreciation of the yen were described as actual economic conditions, making the downside factors more specific. - FY2022First statedAnnual report
「With no end to the infectious disease outbreak yet in sight and international conditions becoming increasingly unstable, the outlook remains uncertain due to downside risks, including rising raw material prices and supply constraints.」
Rising raw material prices and supply constraints were, for the first time, explicitly identified as separate downside factors for the economy and business environment, alongside the infectious disease outbreak and international conditions.