Stock market instability driven by concerns over a U.S. economic slowdown and yen appreciation
First written in FY2025-H1. 2 of 5 entries say "Reframed", first in FY2026-H1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
7 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Amid rising prices, foreign-exchange market volatility and concerns about a slowdown in overseas economies, uncertainty about the outlook continued.」
The discussion has expanded from individual factors affecting the stock market to uncertainty surrounding overseas economies, foreign exchange, and the broader policy and economic environment. - 2026-05-15RestatedEarnings
「The stock market fell sharply through March, and investor sentiment deteriorated amid the Bank of Japan’s continued stance toward monetary tightening, resulting in highly volatile conditions throughout the period.」
The company continued to report high stock-market volatility driven by overseas conditions, monetary policy and the market environment. - FY2026-H1ReframedAnnual report
「The stock market has remained highly volatile, with short-term periods of adjustment, in response to uncertainty in overseas economies, exchange-rate movements, and domestic and overseas policy developments.」
The risk description has broadened from specific factors such as concerns about a US economic slowdown and yen appreciation against the dollar to high stock-market volatility driven by overseas economies, exchange rates, and domestic and overseas policy developments. - FY2025SoftenedAnnual report
「During the consolidated fiscal year, Japan’s economy remained on a recovery trend, with the Nikkei 225 renewing its highest level in 34 years.」
Concerns about a US economic slowdown and yen appreciation, which were highlighted in the interim report, were not prominent in the full-year description of the economic environment, which instead referred to a recovery trend. - FY2025-H1First statedAnnual report
「However, in August, the Nikkei 225 recorded its largest-ever decline amid concerns about a slowdown in the US economy and the yen’s appreciation against the US dollar. Thereafter, the stock market remained unstable, influenced by developments in the September election for president of the Liberal Democratic Party and the November US presidential election, among other factors.」
The company states that the Nikkei 225 reached the ¥42,000 level in July before recording its largest-ever decline in August, after which the stock market remained unstable.