Uncertainty over the outlook due to trade friction, political instability overseas and a downturn in the Asian economy
First written in FY2019-Q3. 10 of 17 entries say "Restated". Latest entry: FY2027-H1.
Tanaken moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「However, the outlook remains uncertain due to the impact of U.S. trade policy, geopolitical risks, rising energy and material prices associated with the closure of the Strait of Hormuz, and a downturn in domestic production activity caused by supply constraints.」
The company continues to disclose uncertainty regarding the outlook due to U.S. trade policy, geopolitical risks and price increases associated with the closure of the Strait of Hormuz, as it did in the previous fiscal year. - 2026-07-31RestatedResults
「しかしながら、米国の通商政策の影響や地政学リスク、ホルムズ海峡封鎖に伴うエネルギー・資材等の価格上昇、供給制約による国内生産活動の下振れ等、先行き不透明な状況が続いております。」
米国の通商政策、地政学リスク、ホルムズ海峡封鎖、供給制約を先行き不透明要因として再掲している。 - FY2026WorsenedAnnual report
「However, the outlook remains uncertain due to the impact of U.S. trade policies and geopolitical risks, as well as the impact of rising energy and material prices resulting from the blockade of the Strait of Hormuz,」
Explicitly identifies the impact of U.S. trade policies and rising energy and material prices resulting from the blockade of the Strait of Hormuz as additional sources of uncertainty over the outlook, alongside the previously cited tariff policies and geopolitical risks. - FY2026-H1ReframedAnnual report
「However, uncertainty over the outlook continues due to trends in tariff policies in various countries, instability in financial markets, and persistent geopolitical risks.」
Cites tariff policies in various countries, unstable financial markets, and persistent geopolitical risks as sources of uncertainty over the outlook, replacing the previously cited situation in Ukraine and higher crude oil prices and the yen's depreciation. - FY2025RestatedAnnual report
「However, the outlook remains uncertain, including due to the impact of rising energy and material prices primarily attributable to the situation in Ukraine,」
Continues to cite the situations in Ukraine and rising energy and material prices as sources of uncertainty over the outlook. - FY2025-H1RestatedAnnual report
「During the interim accounting period, Japan's economy continued on a gradual recovery trend, supported by solid corporate earnings and other factors. However, uncertainty over the outlook continued due to the situation in Ukraine, heightened tensions in the Middle East, and rising energy and material prices primarily attributable to higher crude oil prices and the yen's depreciation.」
Continues to cite the situations in Ukraine and the Middle East, higher crude oil prices and the yen's depreciation, and rising energy and material prices as sources of uncertainty over the outlook. - FY2024WorsenedAnnual report
「However, uncertainty continued due to the situation in Ukraine, heightened tensions in the Middle East, and rising energy and material prices primarily attributable to higher crude oil prices and the yen's depreciation.」
Newly identifies heightened tensions in the Middle East and higher crude oil prices and the yen's depreciation as additional sources of uncertainty over the outlook, alongside the previously cited situation in Ukraine and other factors. - FY2023-Q1RestatedAnnual report
「However, the outlook for domestic economic conditions and corporate earnings remained uncertain due to shortages and soaring prices of materials, food and other goods resulting from the spread of the Omicron variant, higher crude oil prices primarily attributable to the situation in Ukraine, and global supply chain disruptions.」
Continues to cite the Omicron variant, the situation in Ukraine, higher crude oil prices, supply chain disruptions, and shortages and soaring prices of materials and other goods as sources of uncertainty. - FY2022WorsenedAnnual report
「Although the threat from the novel coronavirus remained significant during the fiscal year, moves to resume economic activity were gradually gaining momentum. However, the outlook for domestic economic conditions and corporate earnings remained uncertain due to shortages and soaring prices of materials, food and other goods resulting from the spread of the Omicron variant, higher crude oil prices primarily attributable to the situation in Ukraine, and global supply chain disruptions.」
Explicitly identifies the situation in Ukraine, higher crude oil prices, and supply disruptions as additional sources of uncertainty over the outlook, alongside the previously cited concerns over overseas conditions and an economic downturn. - FY2020RestatedAnnual report
「In the second half of the fiscal year, in addition to fluctuations in personal consumption caused by the consumption tax increase and the impact of trade policies between foreign governments on exports and production, the global spread of the novel coronavirus had a significant impact on the global economy and financial markets, leaving the outlook for economic conditions uncertain.」
Continues to cite the economic impact of trade policies between foreign governments and uncertainty over the outlook for the global economy and financial markets. The novel coronavirus is addressed in a separate thread. - FY2020-Q3RestatedAnnual report
「The outlook remains uncertain due to concerns over trade friction led by the United States, political instability among European governments, and economic downturns in emerging Asian countries, including China.」
Continues to cite uncertainty over the outlook due to trade friction, overseas political instability, and concerns over an economic downturn in Asia. - FY2020-Q2RestatedAnnual report
「The outlook remains uncertain due to concerns over trade friction led by the United States, political instability among European governments, and economic downturns in emerging Asian countries, including China.」
Continues to cite uncertainty over the outlook due to trade friction, overseas political instability, and concerns over an economic downturn in Asia. - FY2020-Q1RestatedAnnual report
「The outlook remains uncertain due to concerns over trade friction led by the United States, political instability among European governments, and economic downturns in emerging Asian countries, including China.」
Continues to cite uncertainty over the outlook due to trade friction, overseas political instability, and concerns over an economic downturn in Asia. - FY2019RestatedAnnual report
「The outlook remains uncertain due to concerns over trade friction led by the United States, political instability among European governments, and economic downturns in emerging Asian countries, including China, which may cause stock prices to fluctuate.」
Continues to cite trade friction, overseas political instability, a downturn in the Asian economy, and stock-price fluctuations as sources of uncertainty over the outlook. - FY2019-Q3First statedAnnual report
「Although uncertainty over the outlook remains due to concerns over trade friction led by the United States, political instability among European governments, and economic downturns in emerging Asian countries, including China, which may cause significant fluctuations in foreign exchange rates and stock prices,」
Cites concerns over overseas trade, political conditions, and economic conditions, together with related fluctuations in foreign exchange rates and stock prices, as external risks.