Uncertainty in Overseas Economies and the Impact of Financial and Capital Markets
First written in FY2017-Q3. 12 of 19 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2026.
Lib Work moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
64 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, higher prices resulting from increases in raw material and energy prices affected personal consumption. Developments surrounding U.S. trade policy, heightened tensions in the Middle East and volatility in financial and capital markets also left the economic outlook uncertain.」
The company provides more specific detail on external uncertainty, citing U.S. trade policy, heightened tensions in the Middle East and the impact of higher prices on personal consumption. - FY2025WorsenedAnnual report
「Meanwhile, factors weighing on the economy included U.S. tariff policy, stagnation in China's economy, geopolitical risks surrounding Ukraine and the Middle East, continued price increases and volatility in financial and capital markets, leaving the outlook uncertain.」
In addition to the situation in Ukraine, price increases and volatility in financial and capital markets, the company identifies U.S. tariff policy, stagnation in China's economy and the situation in the Middle East as new sources of uncertainty. - FY2024-Q1WorsenedAnnual report
「During the cumulative first quarter, Japan's economy continued to recover, supported by increased inbound demand, corporate earnings and capital investment. However, the outlook remained uncertain because of persistently high raw material and energy prices, continuing geopolitical risks and the slowdown in China's economy.」
While identifying factors supporting the economic recovery, the company cites persistently high raw material and energy prices, geopolitical risks and the slowdown in China's economy as sources of uncertainty. - FY2023WorsenedAnnual report
「Meanwhile, Russia's protracted invasion of Ukraine, inflation, soaring energy prices and the risk of higher interest rates affected consumer behavior, leaving the economic outlook uncertain.」
The company adds the risk of higher interest rates to the situation in Ukraine and soaring inflation and energy prices as sources of uncertainty in the external environment, stating that they were affecting consumer behavior. - FY2023-Q2WorsenedAnnual report
「The outlook remained uncertain amid soaring resource and energy prices due to the protracted situation in Ukraine, a sharp depreciation of the yen in foreign exchange markets, and production constraints and worsening shortages caused by supply-chain disruptions in the market following lockdowns in China.」
In addition to the situation in Ukraine, resource prices and yen depreciation, the company identifies supply chain disruptions, production constraints and worsening product shortages associated with China's lockdowns as sources of uncertainty in the external environment. - FY2023-Q1WorsenedAnnual report
「The economy is under pressure from higher prices caused by soaring energy and raw material costs and a sharp depreciation of the yen, leaving the outlook uncertain.」
In addition to the seventh wave of COVID-19, the company identifies inflationary pressure from soaring energy and raw material costs and a sharp depreciation of the yen as sources of uncertainty in the external environment. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, Japan's economy showed signs of recovery as economic activity gradually resumed, supported by progress in vaccinations and the effects of various policies, despite the continuing impact of COVID-19. Meanwhile, Russia's invasion of Ukraine caused prices of crude oil and other resources and grains to rise, while distribution disruptions led to higher prices and constraints on food supplies, creating downside risks. In addition, the weaker yen raised procurement costs from overseas and contributed to domestic price increases, leaving the outlook uncertain.」
In addition to the existing uncertainty surrounding the pandemic and financial and capital markets, the company identifies Russia's invasion of Ukraine, soaring resource prices, distribution disruptions and higher procurement costs caused by yen depreciation as new sources of uncertainty. - FY2022-Q3WorsenedAnnual report
「Meanwhile, rising international commodity prices, including crude oil, and a weaker yen have pushed up import prices. In addition, concerns about soaring energy prices associated with Russia's invasion of Ukraine and the resulting sanctions have affected economic activity, and uncertainty continues.」
In addition to COVID-19 and its variants, the company identifies rising international commodity prices, yen depreciation and concerns about higher energy prices resulting from Russia's invasion of Ukraine and the resulting sanctions as new sources of uncertainty. - FY2022-Q2WorsenedAnnual report
「However, the emergence of a new, highly transmissible variant heightened concerns about a sixth wave. In addition, soaring raw material and energy costs affected economic activity, and difficult conditions continued.」
In addition to concerns about a sixth wave caused by a new variant, the company explains that soaring raw material and energy costs were affecting economic activity, adding to the severity of the external environment. - FY2022-Q1WorsenedAnnual report
「During the cumulative first quarter, Japan's economy remained in difficult conditions as economic activity stagnated following the emergence of COVID-19 variants, the declaration of a state of emergency and the expansion of areas subject to priority preventive measures.」
The company explains that economic activity remained stagnant and conditions difficult because of COVID-19 variants, the state of emergency and the expansion of areas subject to priority preventive measures. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy faced a resurgence of COVID-19, and a second state of emergency was declared. Restrictions and reductions in social and economic activity continued, leaving domestic and overseas economic conditions uncertain.」
The company reconfirms its view that domestic and overseas economic conditions remain uncertain, citing the resurgence of COVID-19 and the second state of emergency. - FY2020WorsenedAnnual report
「During the fiscal year, Japan's economy remained on a gradual recovery path, supported by improvements in employment and income conditions. However, the spread of COVID-19 from late January 2020 restricted economic activity, causing the economy to deteriorate rapidly and leaving the outlook extremely challenging.」
In addition to the existing uncertainty in overseas economies and volatility in financial and capital markets, the company describes restrictions on economic activity and the rapid deterioration of the economy caused by the spread of COVID-19, stating that uncertainty in the external environment had increased. - FY2020-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's economy faced growing uncertainty in domestic and overseas economic conditions as consumer sentiment stagnated following the October 2019 consumption tax increase, while restrictions and reductions in economic activity continued worldwide because of the spread of COVID-19.」
In addition to the existing uncertainty in overseas economies and volatility in financial and capital markets, the company cites the global spread of COVID-19 and restrictions and reductions in economic activity, explaining that economic uncertainty had increased. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy continued on a gradual recovery path. While attention was required regarding developments surrounding trade issues, uncertainty in overseas economies and consumer sentiment following the consumption tax increase, employment and income conditions continued to improve.」
The company again cites trade issues, uncertainty in overseas economies and consumer sentiment following the consumption tax increase as matters requiring attention in the economic environment. - FY2020-Q1RestatedAnnual report
「Meanwhile, uncertainty continued in overseas economies, owing primarily to trade issues and volatility in financial and capital markets.」
The company reconfirms the uncertainty associated with trade issues, overseas economies and volatility in financial and capital markets as risks in the external environment. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy was gradually recovering. While attention was required regarding the impact of developments in trade issues on the global economy and uncertainty in overseas economies, personal consumption was recovering as corporate earnings and employment and income conditions continued to improve.」
The company again cites trade issues and uncertainty in overseas economies as matters requiring attention in the external environment. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy was on a gradual recovery path. While the uncertainty surrounding overseas economies and volatility in financial and capital markets required attention, personal consumption was recovering against a backdrop of improving employment and income conditions.」
The company again cites uncertainty in overseas economies and volatility in financial and capital markets, which were not identified in the previous annual securities report, as matters requiring attention in the external environment. - FY2017DroppedAnnual reportThe filing contains no corresponding reference to the uncertainty in overseas economies, including emerging Asian economies, or financial and capital market risks identified in the previous filing.
- FY2017-Q3First statedAnnual report
「However, uncertainty remains regarding overseas economies, including emerging Asian economies, and the impact of financial and capital markets, which still warrants attention.」
The company identifies uncertainty in overseas economies and the impact of financial and capital markets as external risks requiring attention, even as the domestic economy is on a recovery path.