Impact of International Conflicts on Customers, Supply, and Energy Prices
First written in FY2022. 2 of 5 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
- FY2024MitigatedAnnual report
「The subsidiary in Shanghai is small, and its main business is offshore development. Its transaction volume with direct overseas customers, mainly the local operations of Japanese companies, is limited. In addition, regarding the supply of services and products, it has limited dealings in services and other offerings provided by companies headquartered in countries with high economic-security risks, so the direct impact is not significant.」
Added the assessment that the direct impact of international-conflict risks from the Shanghai subsidiary, overseas customers, and suppliers is not significant. - FY2024-Q3ReframedAnnual report
「Close attention must also be paid to the effects of rising prices, developments in the Middle East and volatility in financial and capital markets.」
For international conflicts and geopolitical risks, identified developments involving the Middle East as a specific area to monitor closely. - FY2023-Q3RestatedAnnual report
「However, the outlook remains uncertain amid concerns about a renewed spread of COVID-19 infections, soaring raw material prices and a sharp depreciation of the yen accompanying accelerating global inflation, as well as geopolitical risks.」
Continues to disclose uncertainty in the customer and supply environment arising from international conditions, including infectious diseases, raw-material prices, yen depreciation, and geopolitical risks. - FY2023-Q1RestatedAnnual report
「In addition to semiconductor supply shortages, geopolitical risks related to the situation in Ukraine and elsewhere are a concern, and the Company is in a position where it needs to closely monitor the effects of surging raw-material prices and volatility in the financial and capital markets.」
Continues to identify geopolitical risks related to international conflicts, including concerns over the situation in Ukraine. Semiconductor shortages, raw-material prices, and financial-market volatility were also listed. - FY2022First statedAnnual report
「If customers become embroiled in international conflicts and are forced to suspend operations at local factories or close or withdraw from markets in the countries concerned, resulting in deteriorating performance or delays in orders due to changes in plans, or if problems arise with domestic energy supplies and utility costs, particularly electricity costs, increase as a result of higher fuel costs, this could affect the Group's business performance and financial condition.」
Added the impact of international conflicts on customers' operations and markets, order plans, domestic energy supplies, and electricity costs as a new risk.