Concerns about protectionism following the launch of the new US administration
First written in FY2017-Q3. 6 of 10 entries say "Reframed", first in FY2018-Q2. Latest entry: FY2020-Q3.
Taisei Oncho moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
11 other companies' latest entry also says "Reframed".
- FY2020-Q3ReframedAnnual report
「The emergence of situations requiring close attention, such as rising tensions in the Middle East and U.S.-China trade friction」
The wording has changed from international trade issues to specifically indicating U.S.-China trade friction, with rising tensions in the Middle East also included. - FY2020-Q2ReframedAnnual report
「Growing uncertainty surrounding trade friction」
Although the recent wording cited concern about deterioration in conditions overseas generally, wording regarding trade issues, specifically uncertainty surrounding trade friction, has again been explicitly included. - FY2020-Q1DroppedAnnual report
「Concern about the widening impact of deteriorating conditions overseas on the domestic economy」
There is no specific mention of U.S. trade policy or international trade issues, which had been explicitly stated until recently. The concern is instead described generally as deterioration in conditions overseas. - FY2019-Q3RestatedAnnual report
「Although the outlook remains unclear, owing to an economic slowdown in China and international trade issues,」
The lack of transparency surrounding overseas economies, including international trade issues, continues to be cited as a concern regarding the economic environment. - FY2019-Q2ReframedAnnual report
「Although the outlook remains unclear, owing to international trade issues and uncertainty in overseas economies,」
The wording has broadened from concern about protectionist and trade policies under the U.S. administration to uncertainty surrounding international trade issues and overseas economies generally. - FY2019-Q1ReframedAnnual report
「Although uncertainties and a lack of transparency remain regarding U.S. trade policy and China's economic trends,」
The wording has shifted from concern about protectionism and the new U.S. administration's policies to uncertainties including U.S. trade policy and China's economic trends. - FY2018ReframedAnnual report
「Concerns about protectionism and the formation of economic blocs are spreading, including the expansion of anti-globalization sentiment centered in Europe and the United States, and the impact on the economy going forward remains uncertain.」
The wording has shifted from the previous concern about protectionist trade policies under the new U.S. administration to broader risks involving anti-globalization sentiment in Europe and the United States, protectionism and the formation of economic blocs. - FY2018-Q2ReframedAnnual report
「Concerns over the new US administration's ability to implement its policies」
The wording has broadened from the previous expression of concern about protectionism to concern about the new U.S. administration's policies in general. - FY2017RestatedAnnual report
「The situation remained one in which uncertainty and opacity, including concerns over protectionism following the inauguration of the new US administration, could not be dispelled.」
Concerns over protectionism under the new US administration are reiterated as a source of uncertainty in the economic environment. - FY2017-Q3First statedAnnual report
「Concerns over protectionism following the inauguration of the new US administration」
Concerns over protectionism following the inauguration of the new US administration are identified for the first time as a factor increasing uncertainty and opacity in the economic environment.