Uncertainty in Overseas Economies, Yen Appreciation and Falling Stock Prices
First written in FY2017-Q1. 13 of 24 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 125 of 168 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「We are working to mitigate risks by diversifying suppliers, passing costs through to construction prices, and incorporating contractual provisions covering cases in which material prices surge. We have also established a system for promptly assessing the impact on the economy and responding quickly, and continue to monitor developments.」
It specifies supplier diversification, cost pass-through, contractual provisions, and a monitoring system as measures to address uncertainty surrounding international conditions, energy and raw material prices, and the supply chain. - FY2025-H1Concern addedAnnual report
「During the current interim consolidated accounting period, the Japanese economy was expected to continue its gradual recovery as social and economic activity normalized, supported by a recovery in personal consumption driven by inbound demand and other factors and a rising stock market. However, it remained necessary to continue closely monitoring surging energy and raw material prices, global conditions including Ukraine and the Middle East, and volatility in financial and capital markets, among other factors.」
While indicating expectations for economic recovery, it explicitly identifies global conditions, including Ukraine and the Middle East, as concerns in addition to the previous concerns regarding surging energy and raw material prices and volatility in financial markets. - FY2024-Q2Reorganization of areas of concernAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy was expected to continue its gradual recovery as social and economic activity normalized following the reclassification of COVID-19 as a Category V infectious disease. However, it remained necessary to continue closely monitoring surging energy and raw material prices and volatility in financial and capital markets, among other factors.」
References to restrictions on economic activity due to infectious disease have receded, while surging energy and raw material prices and volatility in financial and capital markets remain the main concerns. - FY2023Replacement of concern factorsAnnual report
「During the current consolidated fiscal year, the Japanese economy was moving toward normalization of social and economic activity under the post-COVID environment, and economic recovery was expected. However, it remained necessary to continue closely monitoring surging energy and raw material prices, supply-side constraints such as shortages of various materials, and volatility in financial and capital markets, among other factors.」
While indicating expectations for the normalization of social and economic activity, it identifies surging energy and raw material prices and material shortages as the main concerns. - FY2023-Q3Replacement of concern factorsAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy was moving toward normalization of social and economic activity under the post-COVID environment, and economic recovery was expected. However, it remained necessary to continue closely monitoring infection levels in Japan and overseas, surging energy and raw material prices, supply-side constraints such as shortages of various materials, and volatility in financial and capital markets, among other factors.」
While indicating expectations for the normalization of social and economic activity, it explicitly identifies surging energy and raw material prices as concerns in addition to the previous concerns regarding infection levels and financial markets. - FY2023-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy is expected to recover as the impact of COVID-19 weakens and social and economic activity moves toward normalization. However, it remains necessary to continue closely monitoring infection levels and the emergence of variants, rising raw material prices due to the prolonged situation in Ukraine and the rapid depreciation of the yen, supply-side constraints such as shortages of various materials, and volatility in financial and capital markets, among other factors.」
While indicating that the impact of COVID-19 is easing and that economic recovery is expected, it explicitly identifies rising raw material prices due to the rapid depreciation of the yen, material shortages, and supply constraints as new concerns. - FY2023-Q1WorsenedAnnual report
「While monitoring infection levels and the emergence of variants, economic recovery is expected as social and economic activity moves toward normalization. However, it remains necessary to continue closely monitoring raw material price increases resulting from geopolitical risks, including the prolonged situation in Ukraine, supply-side constraints such as shortages of various materials, and volatility in financial and capital markets, among other factors.」
In addition to the previous uncertainty surrounding overseas economies, infectious diseases, and financial markets, it explicitly identifies rising raw material prices and material shortages associated with the prolonged situation in Ukraine as new concerns. - FY2022-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained in a difficult situation due to the impact of COVID-19. Although economic recovery is expected as social and economic activity continues alongside measures to prevent infection, such as promoting vaccinations, it remains necessary to continue closely monitoring the impact of the spread of variants, supply-side constraints such as shortages of semiconductors and other materials, and volatility in financial and capital markets, among other factors.」
In addition to the previous uncertainty surrounding infectious diseases and financial markets, it identifies the spread of variants and shortages of materials, including semiconductors, and supply constraints as new concerns. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy remained in a difficult situation, as the prolonged impact of COVID-19 continued to constrain some social activities. Although economic activity is expected to recover going forward, supported by the full-scale rollout of vaccinations and the effects of various policies, it remains necessary to continue closely monitoring infection trends in Japan and overseas and volatility in financial and capital markets, among other factors.」
While the prolonged infectious disease continues to make conditions difficult, it also indicates expectations for a recovery supported by vaccinations and other measures, and continues to closely monitor infection trends and financial markets. - FY2021-Q3Partial recovery, continued uncertaintyAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained in a difficult situation due to the impact of COVID-19. While efforts are being made to balance preventing the spread of infection with maintaining economic and social activity, some signs of recovery have emerged. However, it remains necessary to closely monitor the impact of the spread of infection in Japan and overseas and volatility in financial and capital markets, among other factors, and the outlook is expected to remain uncertain.」
While some signs of recovery have emerged, uncertainty, including the impact of the spread of infection and volatility in financial and capital markets, continues. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy was in an extremely difficult situation due to the rapid deterioration caused by the spread of COVID-19. Although economic and social activity is being gradually ramped up while measures are taken to prevent the spread of infection, it is necessary to closely monitor the impact of the disease on domestic and overseas economies and volatility in financial and capital markets. The outlook is expected to remain uncertain for the time being.」
In addition to the previous uncertainty in overseas economies and financial markets, it identifies the rapid economic deterioration caused by COVID-19 and its impact on domestic and overseas economies as new sources of uncertainty. - FY2020-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy is expected to continue its gradual recovery, supported by the effects of various policies amid continued improvements in employment and income conditions and corporate earnings. However, attention is required regarding developments surrounding trade issues, the outlook for the Chinese economy, conditions in the Middle East and other developments in overseas economies, the impact of volatility in financial and capital markets, and domestic economic trends following the consumption tax rate increase.」
In addition to trade issues, the Chinese economy, conditions in the Middle East, overseas economies, and volatility in financial and capital markets, it identifies domestic economic trends following the consumption tax rate increase as factors requiring attention. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy remained on a moderate recovery trend, supported by the effects of various policies amid continued improvements in employment and income conditions and corporate earnings. However, the impact of trade friction between the United States and China on the global economy, uncertainty in overseas economies, and the impact of volatility in financial and capital markets, among other factors, require attention.」
In addition to uncertainty in overseas economies and volatility in financial and capital markets, it continues to identify trade friction between the United States and China as a factor requiring attention. - FY2019RestatedAnnual report
「However, it remains necessary to monitor the impact of escalating trade friction between the United States and China, uncertainty in overseas economies, and volatility in financial and capital markets, among other factors.」
In addition to the previous uncertainty in overseas economies and financial markets, it identifies escalating U.S.-China trade friction as a factor requiring attention. - FY2019-Q3RestatedAnnual report
「However, it remains necessary to monitor the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
It continues to identify trade issues, uncertainty in overseas economies, and volatility in financial and capital markets as factors requiring attention. - FY2019-Q2RestatedAnnual report
「However, it remains necessary to monitor the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
It continues to identify trade issues, uncertainty in overseas economies, and volatility in financial and capital markets as factors requiring attention. - FY2019-Q1RestatedAnnual report
「However, it remains necessary to monitor the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
In addition to uncertainty in overseas economies and volatility in financial and capital markets, it continues to identify the impact of trade issues on the global economy as a factor requiring attention. - FY2018RestatedAnnual report
「However, it remains necessary to monitor the uncertainty in overseas economies and the volatility of financial and capital markets, among other factors.」
It continues to identify uncertainty in overseas economies and volatility in financial and capital markets as factors requiring attention. - FY2018-Q3RestatedAnnual report
「However, uncertainty in overseas economies, including China and other emerging Asian economies, as well as the impact of U.S. policy trends, continues to raise concerns about its impact on the domestic economy.」
The company continues to identify economic trends in China and emerging Asian countries and US policy developments as sources of overseas economic uncertainty that could affect the domestic economy. - FY2018-Q2RestatedAnnual report
「However, concerns persist that uncertainty in overseas economies, including the economic outlook for China and other emerging Asian countries and the impact of US policy developments, could affect the domestic economy.」
The company continues to identify economic trends in China and emerging Asian countries and US policy developments as sources of overseas economic uncertainty that could affect the domestic economy. - FY2018-Q1RestatedAnnual report
「However, concerns persist that uncertainty in overseas economies, including the economic outlook for China and other emerging Asian countries and the impact of US policy developments, could affect the domestic economy.」
The company continues to identify economic trends in China and emerging Asian countries and US policy developments as sources of overseas economic uncertainty that could affect the domestic economy. - FY2017-Q3RestatedAnnual report
「However, the outlook remains uncertain, as concerns persist that uncertainty in overseas economies, including an economic slowdown in emerging Asian countries such as China and the UK's EU exit issue, could affect the domestic economy.」
The company continues to identify uncertainty in overseas economies and concerns about their impact on the domestic economy as factors contributing to an uncertain outlook. - FY2017-Q2RestatedAnnual report
「The outlook remains uncertain due to uncertainty in overseas economies, including an economic slowdown in emerging Asian countries such as China and the UK's EU exit issue, as well as yen appreciation and falling share prices.」
The company continues to identify uncertainty in overseas economies and yen appreciation and falling share prices as factors contributing to an uncertain outlook. - FY2017-Q1First statedAnnual report
「The outlook remains uncertain due to uncertainty in overseas economies, including an economic slowdown in emerging Asian countries such as China and the UK's decision to leave the European Union (EU), as well as yen appreciation and falling share prices.」
The company has for the first time identified overseas economic conditions, the UK's exit from the EU, and yen appreciation and falling share prices as factors contributing to an uncertain outlook.