Economic Uncertainty Caused by the Situation in Ukraine, Soaring Fuel Prices, Yen Depreciation, and Rising Prices
First written in FY2023-Q1. 2 of 5 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2024-Q2.
MicroAd moved to the "Worse" side of this theme in 2024, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 22 of 48 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「Regarding the external environment during the cumulative second quarter of the current consolidated fiscal year, prolonged conditions in Ukraine and deteriorating conditions in the Middle East have driven up fuel prices globally. The widening gap between Japanese and U.S. monetary policy has also caused the yen to weaken, leading to broad-based price increases in Japan, including electricity, gas, food and daily necessities. Uncertainty therefore continues across the Japanese economy as a whole.」
The situations in Ukraine and the Middle East, high fuel prices, yen depreciation, rising prices and economic uncertainty have continued, as in the previous quarter. - FY2024-Q1WorsenedAnnual report
「Regarding the external environment during the cumulative first quarter of the current consolidated fiscal year, global fuel prices surged due to the prolonged situation in Ukraine and worsening conditions in the Middle East, while the yen depreciated due to differences between Japanese and U.S. monetary policies. As a result, prices rose across a broad range of goods and services in Japan, including electricity, gas, food and daily necessities, and uncertain conditions continued throughout the Japanese economy.」
In addition to the ongoing situation in Ukraine, the deterioration of conditions in the Middle East has become evident, while high fuel prices, yen depreciation, rising prices and economic uncertainty continue. - FY2023-Q3RestatedAnnual report
「Meanwhile, global fuel prices continued to rise as the situation in Ukraine persisted, as did prices for electricity, gas, food and daily necessities across a broad range of goods and services, and uncertainty continued throughout the Japanese economy.」
The disclosure states that surging fuel prices, broad-based price increases and uncertain economic conditions continued. - FY2023-Q2WorsenedAnnual report
「Meanwhile, global fuel prices continued to rise as the situation in Ukraine persisted, while prices for electricity, gas, food and daily necessities also rose further, and uncertainty continued throughout the Japanese economy.」
The disclosure states that surging fuel prices and broad-based price increases progressed further from the previous filing and that uncertain conditions continued. - FY2023-Q1First statedAnnual report
「Meanwhile, global fuel prices surged as the situation in Ukraine continued, and the yen continued to depreciate due to differences between Japanese and U.S. monetary policies. In October 2022, the yen traded at ¥151 to the U.S. dollar, representing a historically weak yen and strong dollar not seen for 32 years. As a result, prices rose rapidly across a broad range of goods and services in Japan, including electricity, gas, food and daily necessities, increasing uncertainty throughout the Japanese economy.」
The disclosure states that fuel prices surged, the yen depreciated and prices rose across a broad range of goods and services, including the ¥151-to-the-dollar level.