Higher Energy Prices, Supply Shortages and Supply Chain Disruptions Stemming from the Russia-Ukraine Situation
First written in FY2022-Q1. 6 of 13 entries say "Worsened", first in FY2022-Q2. Latest entry: 2026-10-09.
Altech moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
The whole theme swung hardest in 2022: 22 of 37 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- 2026-10-09RestatedEarnings
「There remain many concerns, including the entrenchment of geopolitical risks, constraints on resource supplies and persistently high energy prices, and the outlook remains uncertain.」
The Company continues to identify the entrenchment of geopolitical risks, constraints on resource supplies and persistently high energy prices as risk channels. - FY2026-H1WorsenedAnnual report
「There remain many concerns, including the entrenchment of geopolitical risks, constraints on resource supplies and persistently high energy prices, and the outlook remains uncertain.」
The disclosure identifies the normalization of geopolitical risks, including the situation in the Middle East as well as the Russia-Ukraine situation, constraints on resource supplies, and persistently high energy prices as sources of uncertainty in the business environment. - FY2025RestatedAnnual report
「The outlook for the global economy remains extremely uncertain because of the turmoil surrounding the Russia-Ukraine situation and the situation in the Middle East. If these situations intensify or persist, the Group's business performance and other matters may be adversely affected by higher raw material prices and supply chain disruption.」
The risks of higher raw material prices and supply chain disruption resulting from a prolonged and intensifying Russia-Ukraine situation and Middle East situation continue to be disclosed. - FY2025-H1WorsenedAnnual report
「Overseas, uncertainty continued amid risks including developments in the trade policy of the US Trump administration, the prolonged Russia-Ukraine situation and worsening conditions in the Middle East.」
In addition to the prolonged Russia-Ukraine situation, the deterioration of the situation in the Middle East and developments in the US Trump administration's trade policy are explicitly identified as risks in the overseas business environment. - FY2024-Q1RestatedAnnual report
「Overseas, conditions remained uncertain amid downside risks including the Russia-Ukraine situation, conditions in the Middle East, volatility in the financial and capital markets, and slowing growth in the Chinese economy.」
The Company continues to disclose uncertainty in the overseas economy resulting from the Russia-Ukraine situation. The situation in the Middle East, financial and capital markets, and slower growth in the Chinese economy are also listed. - FY2023RestatedAnnual report
「The outlook remained highly uncertain because of higher resource prices resulting from a prolonged Russia-Ukraine situation, financial instability triggered by US bank failures and the rescue merger of a major Swiss financial institution, global monetary tightening, and a slowdown in China's economic recovery after the lifting of its zero-COVID policy, among other factors.」
The Russia-Ukraine situation, financial instability, global monetary tightening and the slowdown in China's recovery continue to be disclosed as sources of uncertainty for the overseas economy. - FY2023-Q3WorsenedAnnual report
「Persistently high resource prices resulting from a prolonged Russia-Ukraine situation, financial instability triggered by US bank failures and the rescue merger of a major Swiss financial institution, and global monetary tightening」
In addition to persistently high resource prices resulting from a prolonged Russia-Ukraine situation, financial instability and global monetary tightening are listed as sources of uncertainty in the overseas business environment. - FY2022WorsenedAnnual report
「The Company assumes that the surge in raw material prices and transportation costs resulting from the deterioration of the Russia-Ukraine situation will continue for a certain period.」
The assumption that higher raw material prices and transportation costs resulting from a prolonged Russia-Ukraine situation will continue for a certain period has been incorporated into the accounting estimates. - FY2022-Q3WorsenedAnnual report
「Going forward, the impact of the COVID-19 pandemic on the economy is expected to become limited as a result of various policies and other measures. However, uncertainty is expected to continue because of higher energy prices and supply shortages resulting from a prolonged Russia-Ukraine situation, as well as stronger global monetary tightening policies.」
While expectations are expressed that the impact of the pandemic will become limited, stronger global monetary tightening, in addition to higher energy prices and supply shortages resulting from a prolonged Russia-Ukraine situation, is explicitly identified as a new source of uncertainty. - FY2022-Q2WorsenedAnnual report
「There are concerns about higher raw material prices, supply shortages and supply chain disruption resulting from a prolonged Russia-Ukraine situation and restrictions on economic activity in China.」
The disclosure explicitly identifies concerns about higher raw material prices, supply shortages and supply chain disruption resulting from a prolonged Russia-Ukraine situation, making the transmission channels of the impact more specific than in the previous quarter. - FY2022-Q1First statedAnnual report
「The Russia-Ukraine situation may affect the Group's business activities depending on how events unfold, and the Company will continue to closely monitor the situation.」
The Russia-Ukraine situation was disclosed as a new business risk for the first time. The text states that deterioration in the situation could lead to concerns about higher energy prices, supply shortages and supply chain disruption.