External Economic Risks, Including Brexit, Slowing Emerging-Market Economies and Exchange-Rate Volatility
First written in FY2017-Q2. 11 of 19 entries say "Restated". Latest entry: FY2026-H1.
Kandenko moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 143 of 176 companies on the "Worse" side.
55 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim consolidated accounting period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or significant changes are reported in business and other risks related to external economic factors. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No new risks or significant changes are reported in business and other risks related to external economic factors, including the UK's withdrawal from the EU, emerging-market economies and foreign-exchange fluctuations. - FY2024-Q2RestatedAnnual report
「During the second quarter of the current fiscal year on a consolidated cumulative basis, there were no new business or other risks at the group, comprising the company and its consolidated subsidiaries, and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No significant changes are reported in business and other risks related to external economic factors. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No significant changes are reported in business and other risks related to external economic factors. - FY2023MaterialisedAnnual report
「During the current period, as socioeconomic activity continued to normalize following the COVID-19 pandemic, personal consumption remained sluggish amid rising prices. Overall, however, the economy remained on a gradual recovery path, supported by strong corporate earnings and continued improvement in employment conditions.」
The normalization and economic recovery following the COVID-19 pandemic are noted, while sluggish personal consumption due to rising prices is described as the actual economic situation. - FY2023-Q2MaterialisedAnnual report
「During the six-month period of the current consolidated fiscal year, Japan’s economy remained on a path of moderate recovery overall, as corporate earnings improved and employment conditions recovered amid progress toward balancing COVID-19 measures with social and economic activity, despite the effects of surging global resource and energy prices.」
The report states that the effects of surging resource and energy prices were reflected in actual economic conditions. At the same time, it describes the economy as being on a path of moderate recovery. - FY2022-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks related to external economic factors, including the UK’s withdrawal from the EU, emerging-market economies and currency fluctuations. - FY2022-Q2MaterialisedAnnual report
「During the six-month period of the current consolidated fiscal year, Japan’s economy remained generally sluggish, with little sense of recovery, as domestic demand stagnated and employment conditions deteriorated amid continued restrictions on economic activity associated with the spread of COVID-19, despite increased exports driven by stronger global semiconductor demand.」
The report describes increased exports driven by semiconductor demand, as well as restrictions on economic activity associated with COVID-19, stagnant domestic demand and deteriorating employment conditions, as actual economic conditions. - FY2020MaterialisedAnnual report
「Toward the end of the fiscal year, business sentiment deteriorated sharply as a result of the spread of COVID-19.」
With regard to external economic risks, the spread of COVID-19 is described as having actually weakened business sentiment. - FY2020-Q2MaterialisedAnnual report
「During the six-month period of the current consolidated fiscal year, Japan’s economy remained generally on a path of moderate recovery, supported by solid corporate earnings and continued improvement in personal consumption, despite weakness in exports resulting from US-China trade friction.」
The report states that exports showed weakness as a result of US-China trade friction, indicating that the effects of external economic factors were reflected in actual economic conditions. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks, including external economic factors such as the UK’s withdrawal from the EU, emerging-market economies and currency fluctuations. - FY2019MaterialisedAnnual report
「During the current fiscal year, Japan’s economy remained generally on a path of moderate recovery, despite the effects of US protectionist trade policies and repeated natural disasters, supported by resilient corporate earnings and favorable employment and income conditions.」
The report states that, in addition to the external economic factors previously identified, the effects of US protectionist trade policies and repeated natural disasters were actually observed. - FY2019-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks, including external economic factors such as the UK’s withdrawal from the EU, emerging-market economies and currency fluctuations. - FY2019-Q2MaterialisedAnnual report
「During the six-month period of the current consolidated fiscal year, Japan’s economy remained on a path of moderate recovery, supported by strong corporate earnings, despite the effects of a succession of natural disasters and rising crude oil prices.」
The report states that the effects of natural disasters and rising crude oil prices were actually observed. At the same time, it explains that the economy continued on a path of moderate recovery. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there was no occurrence of any new business or other risk within our Group, comprising the Company and its consolidated subsidiaries, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks, including external economic factors such as the UK’s withdrawal from the EU, emerging-market economies and currency fluctuations. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks, including external economic factors such as the UK’s EU withdrawal issue, slowing emerging-market economies and currency fluctuations. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks, including external economic factors such as the UK’s EU withdrawal issue, slowing emerging-market economies and currency fluctuations. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there were no material changes in business and other risks related to external economic factors, including the UK’s EU withdrawal issue, slowing emerging-market economies and currency fluctuations. - FY2017-Q2First statedAnnual report
「Despite many destabilizing factors, including the UK’s EU withdrawal issue, slowing emerging-market economies and fluctuations in foreign-exchange rates,」
The economic-environment discussion for the second quarter of the current fiscal year explicitly identified the UK’s EU withdrawal issue, slowing emerging-market economies and currency fluctuations as destabilizing factors for the first time.