Rising Crude Oil Prices and Inflation Due to Deterioration in the Situation in Ukraine
First written in FY2022-Q3. 5 of 8 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 45 of 80 companies on the "Worse" side.
50 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「During the consolidated fiscal year under review, Japan's economy saw domestic demand increase moderately as personal income and employment conditions improved with rising corporate earnings. However, the outlook remained uncertain due to U.S. policy developments, the situations in Ukraine and the Middle East, and volatility in the financial and capital markets.」
It continues to recognize uncertainty in the external environment resulting from U.S. policy, the situations in Ukraine and the Middle East, and volatility in the financial and capital markets. - FY2024-Q3RestatedAnnual report
「However, the economic outlook remains uncertain due to the prolonged situation in Ukraine, rising tensions in the Middle East, soaring fuel and resource prices, and the depreciation of the yen resulting from monetary tightening policies in Europe and the United States.」
It continues to describe uncertainty in the external environment associated with the prolonged situation in Ukraine, soaring fuel and resource prices, the weak yen and rising tensions in the Middle East. - FY2024-Q2WorsenedAnnual report
「However, the economic outlook remains uncertain due to the prolonged situation in Ukraine, rising tensions in the Middle East, soaring fuel and resource prices, and the depreciation of the yen resulting from monetary tightening policies in Europe and the United States.」
In addition to the situation in Ukraine, soaring resource prices and the weak yen previously identified, it explicitly identifies rising tensions in the Middle East, broadening the scope of external-environment risks. - FY2024-Q1RestatedAnnual report
「Inflation resulting from globally soaring raw material and resource prices due to the prolonged situation in Ukraine」
It continues to identify soaring raw material and resource prices and inflation resulting from the prolonged situation in Ukraine as risks in the external environment. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year under review, economic activity in Japan gradually normalized as restrictions on activity and entry related to COVID-19 were eased. However, concerns over rising inflation and an economic recession have spread, amid soaring raw material and energy prices resulting from the prolonged Russia-Ukraine situation and the rapid depreciation of the yen in foreign exchange markets under global monetary tightening, and the outlook remains uncertain.」
It continues to identify the prolonged Russia-Ukraine situation and the resulting increases in raw material and energy prices as risks in the economic environment. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year under review, Japan's economy remained uncertain, affected by the rapid depreciation of the yen and soaring fuel and raw material prices resulting from the prolonged Russia-Ukraine situation, amid the resurgence of COVID-19 infections.」
It continues to describe uncertainty about the outlook resulting from the prolonged Russia-Ukraine situation and soaring fuel and raw material prices. - FY2023-Q1WorsenedAnnual report
「The outlook remains uncertain due to the rapid depreciation of the yen, soaring fuel and raw material prices, and the prolonged situation involving Russia and Ukraine.」
In addition to the Russia-Ukraine situation identified as a concern in the previous filing, the filing describes its prolongation and soaring fuel and raw material prices as realities of the economic environment. - FY2022-Q3First statedAnnual report
「As the worsening situation in Ukraine raises concerns about further increases in crude oil prices and inflation, the outlook remains uncertain.」
It identifies soaring crude oil prices and inflation driven by the worsening situation in Ukraine as new concerns in the economic environment.