Uncertainty in overseas economies and the economic outlook following events such as the Kumamoto earthquake
First written in FY2017-Q2. 13 of 27 entries say "Restated". Latest entry: FY2026.
Nishimatsu Construction moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 23 of 30 companies on the "Worse" side.
17 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「It is necessary to continue closely monitoring trends in crude oil prices associated with heightened tensions in the Middle East, the impact of volatility in financial and foreign exchange markets, and the impact of continued price increases on Japan’s economy.」
Uncertainty in overseas economies and financial markets was reorganized around conditions in the Middle East, crude oil prices, volatility in financial and foreign exchange markets, and rising prices as specific concerns. - 2026-05-27ReframedGeneral Meetings of Shareholders
「It is necessary to continue closely monitoring trends in crude oil prices associated with heightened tensions in the Middle East, the impact of volatility in financial and foreign exchange markets, and the impact of continued price increases on Japan’s economy.」
海外経済・金融市場の不確実性について、中東情勢、原油価格、金融・為替市場、物価上昇の影響を中心とする説明に整理された。 - FY2026-H1ReframedAnnual report
「Japan’s economy during the interim consolidated accounting period continued to recover moderately, supported by improvements in employment and income conditions. Looking ahead, it is necessary to continue closely monitoring developments in the trade policies of various countries, the risk of an economic downturn resulting from their impact, and the impact on financial and foreign exchange markets and the Japanese economy.」
The explanation of uncertainty in overseas economies and financial markets was reorganized from specific references to high interest rates and China’s real estate market to focus on the trade policies of various countries, an economic downturn, and the impact on financial and foreign exchange markets. - FY2025-H1WorsenedAnnual report
「Japan’s economy during the interim consolidated accounting period continued to recover moderately, supported by improvements in employment and income conditions. Looking ahead, a downturn in overseas economies, including the impact of continued high interest rates in Europe and the United States and continued stagnation in China’s real estate market, represents a risk.」
Regarding uncertainty in overseas economies, the company added continued high interest rates in Europe and the United States and stagnation in China’s real estate market as specific downside factors. - FY2024-Q3WorsenedAnnual report
「Japan’s economy during the first 9 months of the consolidated fiscal year under review continued to recover moderately, supported by improvements in employment and income conditions. Looking ahead, a downturn in overseas economies, including the impact of continued global monetary tightening, represents a risk. Close attention must also be paid to the impact of rising prices, conditions in the Middle East and volatility in financial and capital markets.」
In addition to the previously cited global monetary tightening, overseas economies, rising prices and volatility in financial and capital markets, the company explicitly identified conditions in the Middle East as a factor contributing to uncertainty about the outlook. - FY2024-Q2RestatedAnnual report
「Japan’s economy during the first half of the consolidated fiscal year under review continued to recover moderately, supported by improvements in employment and income conditions. Looking ahead, a downturn in overseas economies, including the impact of continued global monetary tightening, represents a risk. Close attention must also be paid to the impact of rising prices and volatility in financial and capital markets.」
The company reconfirmed global monetary tightening, a downturn in overseas economies, rising prices and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2024-Q1RestatedAnnual report
「Japan’s economy during the first quarter of the consolidated fiscal year under review continued to recover moderately, supported by improvements in employment and income conditions. Looking ahead, a downturn in overseas economies represents a risk amid continued global monetary tightening. Close attention must also be paid to the impact of rising prices and volatility in financial and capital markets.」
The company reconfirmed global monetary tightening, a downturn in overseas economies, rising prices and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2023-Q3RestatedAnnual report
「Japan’s economy during the first 9 months of the consolidated fiscal year under review continued to recover moderately overall. Looking ahead, a downturn in overseas economies represents a risk amid continued global monetary tightening. Close attention must also be paid to the impact of rising prices, supply-side constraints and volatility in financial and capital markets.」
The company reconfirmed global monetary tightening, a downturn in overseas economies, rising prices, supply constraints and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2023-Q2ReframedAnnual report
「Japan’s economy during the first half of the consolidated fiscal year under review continued to recover moderately overall. Looking ahead, a downturn in overseas economies represents a risk amid continued global monetary tightening. Close attention must also be paid to the impact of rising prices, supply-side constraints and volatility in financial and capital markets.」
The explanation of risk factors was reorganized from the previous focus on the disease, the situation in Ukraine and the Chinese economy to focus on global monetary tightening, a downturn in overseas economies, rising prices and supply constraints. - FY2023-Q1WorsenedAnnual report
「Japan’s economy during the first quarter of the consolidated fiscal year under review continued to recover moderately overall. However, the outlook remained uncertain, with concerns including the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, as well as rising raw material prices, supply-side constraints and the risk of deterioration caused by volatility in financial and capital markets.」
In addition to the previously cited uncertainty surrounding the disease, overseas economies and financial and capital markets, the company explicitly identified the prolonged situation in Ukraine, restrictions on economic activity in China, rising raw material prices and supply constraints as downside factors. - FY2022-Q3WorsenedAnnual report
「Japan’s economy during the first 9 months of the consolidated fiscal year under review remained uncertain owing to the impact of COVID-19. Although the economy is expected to recover as various policies take effect and overseas economies improve, close attention must be paid to the risk of deterioration caused by supply-side constraints and trends in raw material prices. The impact of the disease on domestic and overseas economies and the impact of volatility in financial and capital markets must also be closely monitored.」
In addition to the disease, overseas economies and volatility in financial and capital markets, the company explicitly identified the risk of deterioration caused by supply-side constraints and trends in raw material prices. - FY2022-Q2WorsenedAnnual report
「Japan’s economy during the first half of the consolidated fiscal year under review remained uncertain owing to the impact of COVID-19. Although the economy is expected to recover as measures to prevent the spread of the disease are implemented, vaccinations are promoted, various policies take effect and overseas economies improve, close attention must be paid to developments in the disease in Japan and overseas and the increasing risk of deterioration caused by impacts transmitted through supply chains. The impact of volatility in financial and capital markets must also be closely monitored.」
The company explicitly identified the increasing risk of deterioration caused by impacts transmitted through supply chains, in addition to COVID-19 and volatility in financial and capital markets. - FY2022-Q1RestatedAnnual report
「Japan’s economy during the first quarter of the consolidated fiscal year under review remained uncertain as the spread of COVID-19 continued unabated. Although the economy is expected to continue showing signs of recovery as measures to prevent the spread of the disease are implemented, vaccinations are promoted, various policies take effect and overseas economies improve, close attention must be paid to the impact of developments in the disease in Japan and overseas on domestic and overseas economies. The impact of volatility in financial and capital markets must also be closely monitored.」
The company continued to describe uncertainty about the outlook resulting from the spread of the disease, overseas economies and volatility in financial and capital markets. It also noted expectations for a recovery driven by vaccinations and the effects of government policies. - FY2021-Q3RestatedAnnual report
「Japan’s economy during the first 9 months of the consolidated fiscal year under review remained in a severe condition due to the impact of COVID-19 in Japan and overseas. Although the economy is expected to continue showing signs of recovery as various policies take effect and overseas economies improve, close attention must be paid to the risk that the impact of the spread of the disease on social and economic activity in Japan and overseas could cause further deterioration in domestic and overseas economies. The impact of volatility in financial and capital markets must also be closely monitored.」
The company continued to identify the economic impact of COVID-19, the risk of deterioration in domestic and overseas economies, and volatility in financial and capital markets as sources of uncertainty. - FY2021-Q2RestatedAnnual report
「Japan’s economy during the first half of the consolidated fiscal year under review remained in a severe condition due to the impact of COVID-19 in Japan and overseas. Although the economy is expected to continue showing signs of recovery as various policies take effect and overseas economies improve, it is necessary to closely monitor developments in the disease in Japan and overseas and the impact of volatility in financial and capital markets.」
The company continued to identify the economic impact of COVID-19 and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2021-Q1RestatedAnnual report
「Japan’s economy during the first quarter of the consolidated fiscal year under review was in an extremely severe condition due to the impact of COVID-19 in Japan and overseas. Although the economy is expected to begin recovering as various policies to prevent the spread of the disease take effect, it is necessary to closely monitor developments in the disease in Japan and overseas and the impact of volatility in financial and capital markets.」
The company continued to identify the economic impact of COVID-19 and volatility in financial and capital markets as sources of uncertainty. - FY2020WorsenedAnnual report
「Japan’s economy during the consolidated fiscal year under review expanded moderately on an underlying basis, but conditions became severe as the impact of the spread of COVID-19 intensified toward the end of the fiscal year. Close attention must be paid to the risk that the disease could cause further deterioration in domestic and overseas economies, and uncertainty remains high regarding the impact of volatility in financial and capital markets.」
In addition to the previously cited uncertainty in overseas economies and financial and capital markets, the company explicitly identified the risk of deterioration in domestic and overseas economies caused by COVID-19 and stated that its impact intensified toward the end of the fiscal year. - FY2020-Q3WorsenedAnnual report
「Moreover, conditions remained uncertain owing to developments in trade issues, trends in overseas economies including the outlook for the Chinese economy, the impact of volatility in financial and capital markets, and trends in consumer sentiment following the consumption tax rate increase.」
In addition to the previously cited uncertainty surrounding trade issues, the Chinese economy, overseas economies and financial and capital markets, the company explicitly identified consumer sentiment following the consumption tax rate increase as a source of uncertainty and stated that uncertainty about the outlook had increased. - FY2020-Q1WorsenedAnnual report
「Moreover, uncertainty about the outlook increased owing to the impact of developments in trade issues on the global economy, the outlook for the Chinese economy, uncertainty concerning trends and policies in overseas economies, and the impact of volatility in financial and capital markets.」
In addition to the previously cited uncertainty surrounding trade issues, the Chinese economy, overseas economies and financial and capital markets, the company explicitly mentioned uncertainty concerning policies in overseas economies and stated that uncertainty about the outlook had increased. - FY2019-Q3RestatedAnnual report
「Meanwhile, conditions remained uncertain owing to the impact of developments in trade issues on the global economy, uncertainty in overseas economies, including the outlook for the Chinese economy, and the impact of volatility in financial and capital markets.」
In addition to trade issues and uncertainty in overseas economies, the company continues to cite the outlook for the Chinese economy and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2019-Q2RestatedAnnual report
「Meanwhile, conditions remained uncertain owing to 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.」
The company continues to cite trade issues, uncertainty in overseas economies and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2019-Q1RestatedAnnual report
「Meanwhile, conditions remained uncertain owing to heightened uncertainty in overseas economies and the impact of volatility in financial and capital markets.」
The company continues to cite uncertainty in overseas economies and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2018WorsenedAnnual report
「With regard to overseas economies, the outlook remains uncertain, with concerns including geopolitical risks in some regions and an economic downturn resulting from the impact of US-China trade friction.」
In addition to the previously cited uncertainty in overseas economies and volatility in financial and capital markets, the company explicitly identified an economic downturn caused by geopolitical risks and US-China trade friction. - FY2018-Q3RestatedAnnual report
「Meanwhile, the outlook remained uncertain owing to heightened uncertainty in overseas economies and the impact of volatility in financial and capital markets.」
The company continues to cite uncertainty in overseas economies and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2018-Q2RestatedAnnual report
「Meanwhile, the outlook remained uncertain owing to heightened uncertainty in overseas economies and the impact of volatility in financial and capital markets.」
The company continues to cite uncertainty in overseas economies and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2018-Q1RestatedAnnual report
「Meanwhile, the outlook remained uncertain owing to heightened uncertainty in overseas economies and the impact of volatility in financial and capital markets.」
The company cites uncertainty in overseas economies and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2017-Q2First statedAnnual report
「Meanwhile, uncertainty about the outlook increased amid heightened uncertainty in overseas economies, including the issue of the UK’s withdrawal from the EU, and concerns about the economic impact of the Kumamoto Earthquake.」
The company cites the UK’s withdrawal from the EU, uncertainty in overseas economies and the economic impact of the Kumamoto Earthquake as factors contributing to uncertainty about the economic outlook.