Impact of Rising Interest Rates and Falling Share Prices
First written in FY2016. 19 of 26 entries say "Restated". Latest entry: 2026-08-05.
Daisue Construction moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「一方、中東をはじめとする地政学リスクや、米国の関税政策を巡る不確実性に伴う物価変動が景気に与える影響も引き続き注視していく必要があります。」
中東をはじめとする地政学リスク、米国の関税政策、物価変動の影響を引き続き注視する記載である。 - FY2026WorsenedAnnual report
「Japan’s economic conditions are expected to remain uncertain, affected by U.S. trade and monetary policy trends, the situation in Ukraine, the prolonged geopolitical risks centered on the Middle East, and factors including rising consumer prices.」
In addition to the previous focus on tariffs, foreign exchange, monetary policy and rising prices, the company identifies U.S. trade policy, the situation in Ukraine and the prolonged geopolitical risks in the Middle East as specific sources of uncertainty. - FY2025Monitoring tariffs, foreign exchange, monetary policy and rising pricesAnnual report
「Meanwhile, it remained necessary to continue monitoring the impact on the economy of U.S. policy developments concerning tariffs and the responses of other countries, unstable foreign-exchange trends, changes in monetary policy and continuing price increases.」
In addition to the previously identified fluctuations in financial markets and uncertainty in overseas economies, the company identifies U.S. tariff policy and other countries’ responses, unstable foreign-exchange trends, changes in monetary policy and rising prices as factors requiring monitoring for their impact on the economy. - FY2025-H1RestatedAnnual report
「During the interim consolidated fiscal period, Japan’s economy continued to recover gradually as economic activity normalized and employment and income conditions improved. Meanwhile, it remained necessary to continue monitoring the impact on the economy of worsening conditions in the Middle East, unstable foreign-exchange trends and changes in monetary policy.」
While indicating a recovery in the domestic economy, the company identifies conditions in the Middle East, foreign exchange and changes in monetary policy as factors requiring continued monitoring for their impact on the economy. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no new risks or material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no new risks or material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2022-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no new risks or material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no new risks or material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2021SoftenedAnnual report
「If share prices fall substantially with respect to the shares and other securities held by the Group, this may have a certain impact on business performance and other results. However, the assets consisting of shares and other securities held by the company are limited, and the impact is limited.」
The company has organized the risk description around the risk of falling share prices, rather than the previous references to general fluctuations in financial and capital markets and sharp interest-rate increases, and states that its holdings are limited and the impact is limited. - FY2021-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the existing business and other risks, including financial market risks such as interest rates and share prices. - FY2021-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company explains that there have been no material changes in the business and other risks described in the previous fiscal year, including financial market risks such as rising interest rates and falling share prices. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter of the fiscal year, Japan’s economy was in an extremely severe condition due to the impact of COVID-19.」
The description changed from the gradual recovery trend through the previous fiscal year to one stating that the domestic economy was in an extremely severe condition due to the impact of COVID-19. - FY2020-Q3Prolonged export weakness and omission of references to policy uncertaintyAnnual report
「During the cumulative third quarter of the fiscal year, Japan’s economy remained on a gradual recovery trend, supported by the effects of various government policies amid continued improvement in employment and income conditions, although weakness, particularly in exports, persisted and attention was required regarding the impact of overseas economic conditions and fluctuations in financial and capital markets.」
While the direct reference to “uncertainty regarding policies” included through the previous quarter has disappeared, the company states that economic weakness, particularly in exports, has persisted. The need to monitor fluctuations in financial and capital markets and the domestic economy’s gradual recovery trend remain unchanged. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year, Japan’s economy remained on a gradual recovery trend, supported by the effects of various government policies amid continued improvement in employment and income conditions, although weakness continued, particularly in exports, and attention was required regarding uncertainty surrounding overseas economic conditions and policies and the impact of fluctuations in financial and capital markets.」
The company continues to indicate the need to monitor uncertainty surrounding overseas economic conditions and policies and fluctuations in financial and capital markets. Meanwhile, it explains that the domestic economy was on a gradual recovery trend. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, Japan’s economy remained on a gradual recovery trend, supported by the effects of various government policies amid continued improvement in employment and income conditions, although exports and production remained weak and attention was required regarding uncertainty surrounding overseas economic conditions and policies and fluctuations in financial markets.」
The company continues to indicate the need to monitor overseas economic conditions and policy uncertainty and fluctuations in financial markets. Meanwhile, it explains that the domestic economy was on a gradual recovery trend, supported by continued improvement in employment and income conditions and the effects of government policies. - FY2019RestatedAnnual report
「During the fiscal year, Japan’s economy remained on a gradual recovery trend, supported by the effects of various government policies, despite some weakness in exports and production, as well as the impact of uncertainty surrounding overseas economic conditions and policies and fluctuations in financial markets.」
The company continues to indicate the need to monitor uncertainty surrounding overseas economic conditions and policies and fluctuations in financial markets. It describes the domestic economy as being on a gradual recovery trend. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, Japan’s economy remained stable, supported by the government’s ongoing economic policies, although attention was required regarding the impact of uncertainty in overseas economies and fluctuations in financial and capital markets.」
The company continues to indicate the need to monitor uncertainty in overseas economies and fluctuations in financial and capital markets. It explains that the domestic economy remained stable. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year, Japan’s economy remained stable, supported by the government’s ongoing economic policies, although attention was required regarding the impact of uncertainty in overseas economies and fluctuations in financial and capital markets.」
The company continues to indicate the need to monitor uncertainty in overseas economies and fluctuations in financial and capital markets. It states that the domestic economy remained stable. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, Japan’s economy remained stable, supported by the government’s ongoing economic policies, although attention was required regarding the impact of uncertainty in overseas economies and fluctuations in financial and capital markets.」
The company continues to indicate the need to monitor uncertainty in overseas economies and fluctuations in financial and capital markets. It states that the domestic economy remained stable. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year, Japan’s economy continued on a generally gradual recovery trend, although attention was required regarding the outlook for overseas economies and the impact of fluctuations in financial and capital markets.」
While continuing to identify fluctuations in financial and capital markets as a risk requiring attention, the company explains that the domestic economy continued on a gradual recovery trend. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, Japan’s economy continued on a gradual recovery trend, helped by the effects of various government economic policies, although attention was required regarding the impact of uncertainty in overseas economies and fluctuations in financial and capital markets.」
The company continues to identify uncertainty in overseas economies and fluctuations in financial and capital markets as risks requiring attention. - FY2017RestatedAnnual report
「If interest rates rise sharply or share prices fall significantly due to an unexpected change in economic conditions, this could affect our business performance and other results.」
The company continues to list sharp interest-rate increases and substantial share-price declines as financial risks, as before. - FY2017-Q2RestatedAnnual report
「Meanwhile, uncertainty about the outlook continued because of risks weighing on the economy, including economic slowdowns in China, emerging Asian economies and resource-rich countries, and concerns about the impact of the Bank of Japan’s introduction of negative interest rates.」
The company continues to identify the slowdown in overseas economies and concerns about the impact of the Bank of Japan’s introduction of negative interest rates as risks weighing on the economy. - FY2017-Q1ReframedAnnual report
「Meanwhile, the company was in a situation requiring close attention to risks weighing on the economy, including increasing uncertainty in overseas economies resulting from economic slowdowns in China, emerging Asian economies and resource-rich countries, as well as the impact of fluctuations in financial and capital markets, such as unstable share prices in Japan, yen appreciation and the Bank of Japan’s introduction of negative interest rates.」
The description of risks has broadened from the previous conditional reference to rising interest rates and falling share prices to fluctuations in financial and capital markets, including unstable share prices, yen appreciation and the introduction of negative interest rates. - FY2016First statedAnnual report
「If interest rates rise sharply or share prices fall significantly due to an unexpected change in economic conditions, this could affect our business performance and other results.」
Sharp movements in interest rates and share prices are identified as financial risks.