Global economic crises, including pandemics, conflicts and inflation
First written in FY2022. 5 of 10 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1MaterialisedAnnual report
「Non-operating income was ¥8,346 thousand, up 227.7% year on year. The main items were a ¥4,463 thousand foreign-exchange gain from yen depreciation and ¥2,499 thousand interest income from ordinary deposits. Non-operating expenses were ¥422 thousand, compared with ¥20,870 thousand in the prior-year period.」
Foreign-exchange risk appeared as a ¥4,463 thousand gain from yen depreciation during the interim consolidated accounting period. - FY2025MaterialisedAnnual report
「Non-operating expenses were ¥17,819 thousand, compared with none in the previous consolidated fiscal year. The main item was a ¥12,081 thousand foreign-exchange loss arising mainly from the debt-equity swap with consolidated subsidiary COACH A INTERNATIONAL INC.」
Global economic risks, including foreign-exchange movements, appeared in earnings as a ¥12,081 thousand foreign-exchange loss during the fiscal year. - FY2025-H1MaterialisedAnnual report
「The main item was a foreign-exchange loss of ¥20,870 thousand due to the trend toward yen appreciation.」
Foreign-exchange risk appeared as a ¥20,870 thousand foreign-exchange loss caused by yen appreciation and recognized as a non-operating expense during the interim consolidated accounting period. - FY2024-H1RestatedAnnual report
「Against a backdrop of normalized social and economic activity, corporate earnings and personal consumption recovered, and the economy remained on a gradual recovery path. However, uncertainty remains, including higher resource and energy prices associated with unstable international conditions and continued yen depreciation.」
The Group continues to describe international conditions, resource and energy prices, yen depreciation and uncertainty despite economic recovery. - FY2024-Q1RestatedAnnual report
「Although the economy is recovering as the impact of COVID-19 eases, uncertainty remains, including higher resource and energy prices associated with unstable international conditions, accelerating global inflation and foreign-exchange movements.」
The Group continues to describe international conditions, resource and energy prices, inflation and foreign-exchange movements as sources of external uncertainty while noting economic recovery. - FY2023WorsenedAnnual report
「We recognize that the possibility of a global economic crisis or similar event is increasing.」
The Group explicitly recognizes an increasing likelihood of pandemics, conflict, inflation, financial crises and geopolitical risks. - FY2023-Q3RestatedAnnual report
「Although the domestic economy is recovering following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5, uncertainty remains, including higher resource and energy prices associated with the Russia-Ukraine situation, accelerating global inflation and continued yen depreciation.」
The Group continues to describe conflict, resource and energy prices, inflation and yen depreciation as sources of external uncertainty while noting domestic economic recovery. - FY2023-Q2RestatedAnnual report
「Although the domestic economy is recovering following the reclassification of COVID-19 under the Infectious Diseases Control Law to Category 5, uncertainty remains, including higher resource and energy prices associated with the Russia-Ukraine situation, accelerating global inflation and a weaker yen caused by higher U.S. interest rates.」
The Group continues to identify an uncertain external environment involving conflict, resource and energy prices, inflation, U.S. interest rates and yen depreciation. - FY2023-Q1RestatedAnnual report
「Uncertainty remains, including higher resource and energy prices associated with the Russia-Ukraine situation, accelerating global inflation and foreign-exchange fluctuations caused by higher interest rates in the United States.」
While referring to economic recovery after COVID-19, the Group continues to describe conflict, inflation, higher interest rates and foreign-exchange movements as sources of external uncertainty. - FY2022MaterialisedAnnual report
「However, as the external environment changed sharply due to the effects of COVID-19, which spread worldwide from February 2020, demand for our services temporarily declined and performance deteriorated.」
The Group describes the temporary decline in EC and DCD sales caused by COVID-19 as a past event and identifies future global economic crises as a risk.