Rising logistics costs, utility expenses and raw material prices

「Uncertainty is expected to persist, owing to the impact of tightening energy conditions resulting from the worsening instability in the Middle East, as well as the continued weakness of the yen and the impact on personal consumption of rising prices, particularly for food products.」

「The company expects uncertainty about the outlook to continue amid concerns about stagnant personal consumption resulting from sustained inflation, in addition to surging energy prices caused by the situation in the Middle East and the impact of policies adopted by the U.S. administration.」

「Our Group worked to strengthen its sales capabilities and improve productivity, while also seeking to strengthen corporate governance through thorough crisis management and compliance.」

「The outlook remains uncertain, with concerns about the impact on the domestic economy of rising prices resulting from surging energy and raw material prices and heightened geopolitical risks.」

「However, the outlook remains uncertain, with concerns about the impact on the domestic economy of rising prices resulting from surging energy and raw material prices, continued yen depreciation, the prolonged Russia-Ukraine situation and heightened geopolitical risks in the Middle East.」

「The outlook remains uncertain, with concerns about the impact of higher raw material and energy prices and an economic slowdown overseas resulting from global monetary tightening.」

「During the first 9 months of the fiscal year under review, economic activity normalized and the economy gradually recovered following the reclassification of COVID-19 as a Class 5 disease. However, concerns about the impact of global monetary tightening on the domestic economy, in addition to rising resource prices and inflation, meant that uncertainty about the outlook continued.」

「Energy and raw material prices continue to surge against the backdrop of prolonged geopolitical risks, and the outlook remains uncertain.」

「During the first 3 months of the fiscal year under review, economic activity normalized as the impact of COVID-19 diminished, and the economy followed a gradual recovery trend. However, uncertainty about the outlook continued due to inflation accompanying surging raw-material and energy prices, as well as downside risks to the economy arising from prolonged geopolitical risks and global monetary tightening.」

「There are concerns that consumer sentiment may weaken as consumers become more defensive in their spending in response to further increases in raw material and energy prices. Close attention is also required to global inflation, volatile foreign exchange markets and monetary policy」

「The environment surrounding corporate earnings became increasingly challenging, owing to the renewed spread of COVID-19 caused by new variants, the prolonged invasion of Ukraine and surging energy prices. The company was also affected by higher prices resulting from surging raw material costs」

「The difficult operating environment continues, affected by the need to respond to diversifying consumer needs and by rising raw material and crude oil prices.」

「The retail industry continued to face challenging conditions as growth in demand for at-home meals slowed, prices rose due to surging raw-material costs, costs increased because of higher energy-resource prices such as crude oil and rising labor costs, and consumers' propensity to save due to concerns about the future became evident in their purchasing behavior.」

「The outlook remains uncertain, owing to factors including higher raw material and logistics costs.」

「In addition to rising labor and logistics costs against a backdrop of severe labor shortages, soaring utility and raw material costs also contributed to an extremely difficult operating environment.」