Uncertainty over the outlook for overseas economies
First written in FY2018. 8 of 19 entries say "Restated". Latest entry: 2026-10-29.
Toenec moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 127 of 168 companies on the "Worse" side.
24 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Meanwhile, although the US tariff policy and other factors had an impact, the economy continued along a moderate growth path, supported by the effects of various policies and other factors.」
Regarding uncertainty over overseas economies, the company has reorganized the previous expression of concern over a slowdown in the US economy into international economic conditions, including the impact of US tariff policy. - FY2026-H1ReframedAnnual report
「Meanwhile, downside risks to the economy remain, including the impact of US trade policy, slower growth in China, and instability in the Middle East.」
Regarding uncertainty over overseas economies, the company has reorganized the previous expression of concern over a slowdown in the US economy into downside economic factors including US trade policy. References to slower growth in China and the situation in the Middle East continue. - FY2025-H1WorsenedAnnual report
「Meanwhile, downside risks to the economy remain, including concerns over a slowdown in the US economy and slower growth in China, as well as instability in the Middle East. The impact of persistently high raw material prices and supply-side constraints on the business environment also requires continued monitoring.」
The company has specified a slowdown in the US economy, slower growth in China, and instability in the Middle East as downside factors amid uncertainty over overseas economies. - FY2024-Q3RestatedAnnual report
「Meanwhile, downside risks to the economy remain, including the effects of unstable international conditions and global monetary tightening, as well as concerns over the outlook for the Chinese economy.」
The company continues to identify unstable international conditions, global monetary tightening, and concerns over the outlook for the Chinese economy as downside economic risks. - FY2024-Q2WorsenedAnnual report
「Meanwhile, downside risks to the economy remain, including the effects of unstable international conditions and global monetary tightening, as well as concerns over the outlook for the Chinese economy.」
The company has specifically added concerns over the outlook for the Chinese economy, alongside unstable international conditions and global monetary tightening, as downside economic risks. - FY2024-Q1RestatedAnnual report
「Going forward, private-sector capital investment as well as public investment is expected to remain firm, but downside risks to the economy, including unstable international conditions and global monetary tightening, remain.」
The company reconfirms unstable international conditions and global monetary tightening as downside factors amid uncertainty over overseas and international economies. - FY2023-Q3ReframedAnnual report
「Looking ahead, amid Russia's invasion of Ukraine and continued global monetary tightening, downside risks to the economy arising from soaring raw-material prices, supply-side constraints, and sharp exchange-rate fluctuations have become evident, and the company must continue to closely monitor their impact on the order environment.」
The company has organized uncertainty over overseas economies as a downside economic risk involving the situation in Ukraine, global monetary tightening, supply constraints, higher raw material prices, and sharp foreign-exchange fluctuations. - FY2023-Q2WorsenedAnnual report
「Looking ahead, amid the prolonged situation in Ukraine and continued global monetary tightening, downside risks to the economy arising from soaring raw-material prices, supply-side constraints, and the yen's rapid depreciation have become evident, and the company must continue to closely monitor their impact on the order environment.」
The company has specified uncertainty over overseas economies as a downside economic risk involving the prolonged situation in Ukraine, global monetary tightening, supply constraints, and a rapid depreciation of the yen. - FY2023-Q1WorsenedAnnual report
「Looking ahead, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, downside risks to the economy arising from soaring raw-material prices, supply chain disruptions, and the yen's rapid depreciation have become evident, and the company must continue to closely monitor their impact on the order environment.」
The company has specified uncertainty over overseas economies as a downside economic risk involving the prolonged situation in Ukraine, restrictions on economic activity in China, and a rapid depreciation of the yen. - FY2020WorsenedAnnual report
「Japan's economy continued to recover gradually through the beginning of 2020, supported by high levels of corporate earnings and improvements in employment and income conditions. However, corporate earnings, particularly in the manufacturing sector, had weakened against the backdrop of the trade policies of the then-current US administration, and since the beginning of the year, the economic impact of the spread of the novel coronavirus has become increasingly severe.」
The company has made its concerns more specific, moving from the previous expression of uncertainty over overseas economies to US trade policy, weakening corporate earnings in the manufacturing sector, and the economic impact of the novel coronavirus. - FY2020-Q3RestatedAnnual report
「There have been no material changes to the risks related to the business and other matters described in the annual securities report for the previous fiscal year.」
The company summarizes the business-environment risks identified in the previous fiscal year, including uncertainty over the outlook for overseas economies, as having undergone no material changes. - FY2020-Q2RestatedAnnual report
「There have been no material changes to the risks related to the business and other matters described in the annual securities report for the previous fiscal year.」
The company summarizes the business-environment risks identified in the previous fiscal year, including uncertainty over the outlook for overseas economies, as having undergone no material changes. - FY2019WorsenedAnnual report
「Regarding the economic outlook, concern exists over the impact on the global economy of slower growth in China stemming from US-China trade tensions, and the impact on Japan must also be closely monitored.」
The company has moved from the general caution regarding uncertainty over overseas economies to specific concerns about US-China trade tensions, slower Chinese growth, and spillover effects on the global and domestic economies. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy continued to recover gradually, supported by the effects of various government policies and other factors, but attention must be paid to uncertainty over the outlook for overseas economies.」
The company continues to identify uncertainty over the outlook for overseas economies as an external-environment factor requiring attention. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy continued to recover gradually, supported by the effects of various government policies and other factors, but attention must be paid to uncertainty over the outlook for overseas economies.」
The company continues to identify uncertainty over the outlook for overseas economies as an external-environment factor requiring attention. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy continued to recover gradually, supported by the effects of various government policies and other factors, but attention must be paid to uncertainty over the outlook for overseas economies.」
The company continues to identify uncertainty over the outlook for overseas economies as an external-environment factor requiring attention. - FY2018First statedAnnual report
「The economy is expected to recover gradually going forward, supported by the effects of various policies and other factors, but attention must be paid to uncertainty over the outlook for overseas economies.」
The company identifies uncertainty over overseas economies as an external-environment risk related to the economic outlook.