Downside Risks from the Situation in Ukraine, Rising Raw-Material Prices and Supply Constraints
First written in FY2023-Q1. 9 of 13 entries say "Reframed", first in FY2023-Q3. Latest entry: FY2027-H1.
Kin-Ei Corp. moved to the "Worse" side of this theme in 2024, 2 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 9 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「Looking ahead, the outlook is expected to remain uncertain because of the effects of increasing instability in international affairs, rising prices and fluctuations in interest rates, among other factors.」
The explanation shifted from focusing mainly on downside risks to overseas economies and volatility in financial and capital markets to presenting geopolitical instability, rising prices and interest-rate volatility as new factors contributing to an uncertain outlook. - FY2026-H1ReframedAnnual report
「Continued caution is warranted regarding the effects of rising prices, volatility in financial and capital markets, and other factors, while downside risks to overseas economies arising from political instability abroad and the impact of US trade policy remain a concern」
In addition to rising prices and volatility in financial and capital markets, downside risks to overseas economies from political instability abroad and the impact of US trade policy were identified as risks. - FY2025ReframedAnnual report
「Meanwhile, the outlook for the economy remains uncertain, as rising prices, volatility in financial and capital markets, downside risks to overseas economies and other factors are expected to weigh on economic activity.」
The explanation shifted from focusing mainly on supply constraints and other factors to identifying rising prices, volatility in financial and capital markets and downside risks to overseas economies as factors weighing on economic activity. - FY2025-H1ReframedAnnual report
「Continued caution is warranted regarding the effects of rising prices, volatility in financial and capital markets, and other factors, while downside risks to overseas economies arising from political instability abroad and slowing growth in the Chinese economy remain a concern」
In addition to the previously cited risks of rising prices and volatility in financial and capital markets, downside risks to overseas economies from political instability abroad and slowing growth in the Chinese economy were identified as risks. - FY2025-Q1ReframedAnnual report
「During the cumulative first quarter under review, the economy recovered moderately as employment and income conditions improved, although some weakness remained. Going forward, the effects of global monetary tightening and a downturn in overseas economies posed downside risks to the economy, while the effects of rising prices, overseas conditions and volatility in financial and capital markets also required attention.」
The explanation changed from one focused mainly on higher raw material prices and supply-side constraints to one identifying the effects of global monetary tightening, a downturn in overseas economies, rising prices, overseas conditions and volatility in financial and capital markets as factors weighing on the economy. - FY2024ReframedAnnual report
「On the other hand, regarding the outlook for the economy, a downturn in overseas economies resulting from the effects of global monetary tightening and other factors could become a risk that weighs on the domestic economy, while concerns remain about the impact of rising prices, overseas conditions and volatility in financial and capital markets on the economy.」
In addition to the previously cited rising prices, overseas economies and volatility in financial and capital markets, the downturn in overseas economies resulting from the effects of global monetary tightening was explicitly stated. - FY2024-Q3ReframedAnnual report
「Although concerns remained about the effects of a downturn in overseas economies, rising prices, overseas conditions and volatility in financial and capital markets, the economy recovered moderately as the employment and income environment improved.」
In addition to the previously cited downturn in overseas economies, rising prices and volatility in financial and capital markets, overseas conditions were identified as a concern. There was no direct reference to supply-side constraints, and the economic recovery was also mentioned. - FY2024-Q2SoftenedAnnual report
「Although concerns remained about the effects of a downturn in overseas economies, rising prices, overseas conditions and volatility in financial and capital markets, the economy recovered moderately as the employment and income environment improved.」
References to supply-side constraints and downside risks to the economy, which had been explicit through the previous quarter, were removed, and the wording placed greater emphasis on the economic recovery. - FY2024-Q1ReframedAnnual report
「Amid concerns about the impact of rising prices, supply-side constraints and volatility in financial and capital markets, as well as downside risks to the economy from a downturn in overseas economies,」
In addition to the previously cited rising prices, supply constraints and volatility in financial and capital markets, downside risks to the economy from a downturn in overseas economies were disclosed. - FY2023RestatedAnnual report
「The economic environment remained uncertain, amid concerns about downside risks from higher prices, including energy prices, supply-side constraints and volatility in financial and capital markets.」
Continued disclosure of downside risks from rising prices, supply constraints and volatility in financial and capital markets. - FY2023-Q3ReframedAnnual report
「However, the outlook remains uncertain due to the effects of rising prices, supply-side constraints and volatility in financial and capital markets.」
In addition to the previously cited increases in raw material prices and supply constraints, volatility in financial and capital markets was indicated, while direct references to the situation in Ukraine were removed. - FY2023-Q2RestatedAnnual report
「Toward the end of the period, the period progressed amid a sharp increase in new COVID-19 cases and growing downside risks, including higher raw material prices and supply-side constraints.」
Continued disclosure of downside risks from a sharp increase in new infections, higher raw material prices and supply-side constraints. - FY2023-Q1First statedAnnual report
「The economy continued amid growing downside risks, including uncertainty related to the situation in Ukraine, higher raw material prices and supply-side constraints.」
First independently identified the situation in Ukraine, higher raw material prices and supply-side constraints as new downside risks in the economic environment.