Downturn in overseas economies, Brexit and financial market volatility
First written in FY2017-Q1. 19 of 31 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-05-13.
Takada moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 144 of 176 companies on the "Worse" side.
69 other companies' latest entry also says "Worsened".
- 2026-05-13WorsenedEarnings
「令和9年3月期の通期の連結業績予想につきましては、売上高は557億円、営業利益は17億3千万円、経常利益は14億4千万円、親会社株主に帰属する当期純利益は9億1千万円を見込んでおります。」
次期は売上高の増加を見込む一方、営業利益、経常利益、親会社株主に帰属する当期純利益は当期実績を下回る予想となった。 - FY2026-H1WorsenedAnnual report
「The plant industry related to the Group continues to face various challenges, including soaring raw material prices, rising labor costs associated with labor shortages, the need to respond to digitalization at worksites and in administrative departments, and U.S. tariff measures.」
In addition to the previously identified uncertainty in overseas economies and elsewhere, newly identified US tariff measures as an ongoing industry issue. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter under review, the post-COVID recovery in demand had run its course, but a moderate recovery in economic conditions continued, partly due to improvements in employment and income conditions. However, the outlook remained uncertain amid downside risks in overseas economies resulting from the prolonged depreciation of the yen, rising prices, developments in the Middle East, and global monetary tightening.」
While recognising the recovery in economic conditions, newly identified, in addition to the prolonged depreciation of the yen and rising prices, downside risks in overseas economies resulting from developments in the Middle East and global monetary tightening. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy entered the post-COVID period, economic activity normalised, and a moderate recovery continued as employment and income conditions improved. However, the outlook remained uncertain amid downside risks in overseas economies, including the prolonged depreciation of the yen, rising prices, and global monetary tightening.」
While recognising the transition to the post-COVID period and the recovery in economic conditions, identified the prolonged depreciation of the yen, rising prices, and global monetary tightening as downside risks in overseas economies. - FY2024-Q1ReframedAnnual report
「During the cumulative first quarter under review, Japan's economy continued to recover moderately as COVID-19 was reclassified as a Class 5 infectious disease, employment and income conditions improved, and various policies took effect. However, the outlook remained uncertain amid downside risks in overseas economies as global monetary tightening continued for an extended period.」
While noting the reclassification of COVID-19 as a Class 5 infectious disease and the recovery in economic conditions, identified prolonged global monetary tightening and downside risks in overseas economies as new factors contributing to uncertainty. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy continued to show signs of recovery as efforts to balance measures against COVID-19 with economic activity progressed. However, the outlook remained uncertain amid concerns about the impact of rising prices and volatility in financial and capital markets as global monetary tightening continued and Russia's invasion of Ukraine persisted.」
While recognising signs of economic recovery, identified global monetary tightening, the continuing invasion of Ukraine, rising prices, and volatility in financial and capital markets as factors contributing to an uncertain outlook. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter under review, restrictions on activity related to COVID-19 were gradually eased, and economic activity normalised as various policies took effect, resulting in signs of recovery. However, the outlook remained uncertain amid concerns about the impact of a renewed spread of COVID-19, developments in Ukraine, the prolonged depreciation of the yen, and accelerating global inflation.」
While noting the easing of restrictions on activity and the normalisation of economic activity, identified the renewed spread of COVID-19, developments in Ukraine, the prolonged depreciation of the yen, and accelerating global inflation as new factors contributing to uncertainty. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter under review, Japan's economy showed signs of recovery as restrictions on economic activity were eased with the decline in COVID-19 infections and various policies took effect. However, higher prices were also a concern against the backdrop of prolonged developments in Ukraine, soaring resource and raw material prices, and the rapid depreciation of the yen. Conditions surrounding Japan's economy remained difficult, and the outlook for the economy remained uncertain.」
While recognising recovery resulting from the easing of restrictions on economic activity, identified prolonged developments in Ukraine, soaring resource and raw material prices, the rapid depreciation of the yen, and higher prices as new factors contributing to uncertainty. - FY2022WorsenedAnnual report
「During the fiscal year under review, the impact of COVID-19 continued to affect Japan's economy, but economic activity continued to show signs of recovery as infection control measures and vaccinations were promoted. Meanwhile, the outlook remained uncertain amid concerns about a renewed economic downturn due to developments in Ukraine, as well as the impact of prolonged soaring crude oil prices and the global semiconductor shortage.」
While recognising signs of recovery in economic activity, identified developments in Ukraine, soaring crude oil prices, and the global semiconductor shortage as new factors contributing to uncertainty. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter under review, economic activity continued to show signs of recovery as the number of infections declined due to infection prevention measures and higher vaccination rates, despite the ongoing impact of COVID-19. However, the outlook remained uncertain due to the impact of soaring crude oil prices and the prolonged semiconductor shortage.」
While noting signs of recovery in economic activity, identified soaring crude oil prices and the prolonged semiconductor shortage as new factors contributing to an uncertain outlook. - FY2022-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy remained in a difficult situation due to the renewed spread of COVID-19, while signs of recovery continued as infection prevention measures and vaccination were promoted. However, the outlook remained uncertain due to the impact of the pandemic on supply chains and the prolonged semiconductor shortage.」
While noting signs of recovery in the economy, identified the impact of the pandemic on supply chains and the prolonged semiconductor shortage as new factors contributing to uncertainty. - FY2022-Q1ReframedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in a difficult situation due to the impact of COVID-19, although some industries showed signs of recovery. Meanwhile, the situation remained unforeseeable amid the reissuance of a state of emergency and implementation of priority preventive measures due to the spread of variants and other factors.」
The wording now presents both recovery and uncertainty, indicating signs of recovery in some industries while stating that the outlook remains uncertain due to the spread of variants and the state of emergency and other measures. - FY2021WorsenedAnnual report
「Regarding the outlook for Japan's economy, some economic activity is expected to remain restricted due to measures to prevent the spread of COVID-19, including the reissuance of a state of emergency and the implementation of priority preventive measures. There are also concerns about the risk of a renewed spread of the pandemic depending on progress with vaccinations and other measures, and the balance between these measures and socioeconomic activity requires close monitoring.」
Identified restrictions on economic activity resulting from a state of emergency and other measures, and the risk of a renewed spread of infections depending on progress with vaccinations. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy remained in a difficult situation as the impact of COVID-19 continued, despite signs of a moderate recovery in some areas. The timing of the end of the pandemic remains unforeseeable, and the outlook remained uncertain amid downside risks including a renewed increase in infections.」
States that the impact of the pandemic has been prolonged and that an uncertain outlook continues amid downside risks from a renewed increase in infections. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy remained in a difficult situation due to the impact of COVID-19. The timing of the end of the pandemic remains unforeseeable, and the outlook remained uncertain.」
Reiterated the view that COVID-19 continues to cause difficult economic conditions and uncertainty over when the pandemic will end. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in an extremely difficult situation as demand continued to stagnate due to restrictions on economic activity resulting from the impact of COVID-19. The timing of the end of the pandemic remains uncertain, and economic activity is unstable.」
Identified continued demand stagnation due to COVID-19 and the extremely difficult and unstable state of economic activity. - FY2020WorsenedAnnual report
「Regarding the outlook for Japan's economy, severely difficult and unstable conditions are expected to continue for the time being due to the impact of the spread of COVID-19. There are also concerns about the risk of a further downturn in domestic and overseas economies due to the pandemic, and the impact of volatility in financial and capital markets also requires close monitoring.」
In addition to the previously identified uncertainty in overseas economies, trade issues, and financial markets, identified the risk of a further downturn in domestic and overseas economies due to COVID-19 and the resulting severely difficult and unstable conditions. - FY2020-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy remained on a moderate recovery trend against the backdrop of improvements in employment and income conditions and high corporate earnings. Meanwhile, uncertainty continued amid the need to closely monitor the slowdown in economic growth caused by US-China trade friction, heightened global geopolitical risks, volatility in financial and capital markets, and consumer sentiment after the consumption tax rate increase.」
In addition to the slowdown in economic growth caused by US-China trade friction, heightened global geopolitical risks, and volatility in financial and capital markets, identified consumer sentiment after the consumption tax rate increase as a new factor requiring close monitoring. - FY2020-Q2ReframedAnnual report
「During the cumulative second quarter under review, Japan's economy remained on a moderate recovery trend amid sustained improvements in employment and income conditions and corporate earnings. However, uncertainty persisted as close attention remained necessary regarding the impact of developments in US-China trade issues and volatility in financial and capital markets.」
The wording has changed to identify US-China trade issues and volatility in financial and capital markets as factors contributing to an uncertain outlook. - FY2020-Q1ReframedAnnual report
「During the cumulative first quarter under review, Japan's economy continued on a moderate recovery trend, with corporate earnings and employment and income conditions remaining firm against the backdrop of the government's economic policies and the Bank of Japan's monetary easing policies. However, the outlook remained uncertain due to US-China trade friction and the planned increase in the consumption tax rate.」
While continuing to identify US-China trade friction as a factor contributing to uncertainty, identified the planned increase in the consumption tax rate as a new source of concern. - FY2019-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy continued on a moderate recovery trend amid steady improvements in corporate earnings and employment and income conditions, while crude oil prices had peaked. However, the outlook remained uncertain amid concerns about the impact on Japan's domestic economy of uncertainty over overseas economic developments and heightened global geopolitical risks, including the effects of a slowdown in China's economy resulting from prolonged US-China trade friction.」
Identified prolonged US-China trade friction and the slowdown in China's economy, while continuing to note concerns about the impact of uncertainty in overseas economies and geopolitical risks on Japan's domestic economy. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy continued on a moderate recovery trend amid sustained improvements in corporate earnings and employment and income conditions. However, the outlook for overseas economies remained uncertain due to risks from foreign exchange rates and high crude oil prices, as well as the impact of intensifying trade friction caused by US protectionist trade policies.」
Continues to identify risks from foreign exchange rates and high crude oil prices and intensifying trade friction caused by US protectionist trade policies as factors contributing to uncertainty in overseas economies. - FY2019-Q1WorsenedAnnual report
「During the cumulative first quarter under review, Japan's economy continued on a moderate recovery trend as corporate earnings and employment and income conditions continued to improve, supported by the government's economic policies and the Bank of Japan's monetary easing policies. However, the outlook for overseas economies remained uncertain due to risks from foreign exchange rates and high crude oil prices, as well as the impact of intensifying trade friction caused by the US protectionist trade policies.」
In addition to previously identified uncertainty in overseas economies and protectionism, identified risks from foreign exchange rates and high crude oil prices and intensifying trade friction caused by US protectionist trade policies. - FY2018ReframedAnnual report
「During the fiscal year under review, Japan's economy continued on a moderate recovery trend amid sustained improvements in corporate earnings and employment and income conditions and the effects of various policies by the government and the Bank of Japan. However, the outlook remained uncertain amid concerns about the impact on Japan's domestic economy of protectionist trade policies in advanced economies, including the United States, and slower growth in China's economy.」
In addition to previously identified overseas economic developments and geopolitical risks, identified protectionist trade policies in advanced economies and slower growth in China's economy as factors raising concerns about Japan's domestic economy. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy continued on a moderate recovery trend amid sustained improvements in corporate earnings and employment and income conditions. However, the outlook remained uncertain amid concerns about the impact on Japan's domestic economy of uncertainty over overseas economic developments and heightened global geopolitical risks.」
Continues to identify uncertainty over overseas economic developments and heightened global geopolitical risks as factors raising concerns about their impact on Japan's domestic economy. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy continued on a moderate recovery trend amid sustained improvements in corporate earnings and employment and income conditions. However, concerns including uncertainty over overseas economic developments and heightened global geopolitical risks left the outlook uncertain.」
Continues to identify uncertainty over overseas economic developments and heightened global geopolitical risks as factors contributing to an uncertain outlook. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy continued on a moderate recovery trend amid ongoing improvements in employment and income conditions and corporate earnings. However, concerns including uncertainty in overseas economies and heightened global geopolitical risks left the outlook uncertain.」
Continues to identify uncertainty in overseas economies and heightened global geopolitical risks as factors contributing to an uncertain outlook. - FY2017WorsenedAnnual report
「Regarding the outlook for Japan's economy, a continued moderate recovery trend is expected for the time being. However, the outlook is expected to remain uncertain due to concerns including uncertainty in overseas economies and geopolitical risks arising from heightened political and military tensions in certain regions.」
In addition to previously identified overseas economic conditions, the UK's departure from the EU, and foreign exchange and crude oil prices, identified uncertainty in overseas economies and geopolitical risks. - FY2017-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy continued on a moderate recovery trend amid ongoing improvements in employment and income conditions and the effects of various government policies. However, the outlook remained uncertain due to developments in foreign exchange rates and crude oil prices, downturns in the economies of China and other emerging Asian countries, the UK's departure from the EU, and the impact of uncertainty surrounding future US economic and monetary policies.」
In addition to the previously identified downturns in the economies of China and elsewhere and the UK's departure from the EU, identified foreign exchange and crude oil price trends and uncertainty surrounding US economic and monetary policies as external risks. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy continued on a moderate recovery trend amid ongoing improvements in employment and income conditions and the effects of various government policies. However, the outlook remained uncertain due to concerns including downturns in the economies of China and other emerging Asian countries, as well as the UK's departure from the EU.」
Reiterated downturns in the economies of China and other emerging Asian countries, as well as the UK's departure from the EU, as sources of concern in the external environment. - FY2017-Q1First statedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy remained on a moderate recovery path under the effects of various policy measures. However, it continued to face an uncertain outlook due to concerns including a downturn in overseas economies, the issue of the UK's withdrawal from the EU and volatility in the financial and capital markets.」
For the first time, identified downturns in overseas economies, the UK's departure from the EU, and volatility in financial and capital markets as external risks destabilising the business environment.