Slowdown in Overseas Economies and Uncertainty Surrounding Japan’s Domestic Economy After the Tokyo Olympics
First written in FY2016. 13 of 20 entries say "Restated". Latest entry: FY2024-Q1.
Dai-Dan moved to the "Worse" side of this theme in 2016, 3 years before the typical company in this theme (2019).
The whole theme swung hardest in 2019: 99 of 176 companies on the "Worse" side.
62 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2022-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated fiscal year-to-date period, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2020WorsenedAnnual report
「Targets from the current period onward have not been disclosed because they cannot be reasonably calculated.」
The spread of the novel coronavirus has made it impossible to calculate future business performance and the medium- to long-term outlook. - FY2020-Q3RestatedAnnual report
「During the first three quarters, there were no newly arising business or other risks, and no material changes were made to the business or other risks described in the annual securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2020-Q1RestatedAnnual report
「There were no newly identified business or other risks during the first quarter of the fiscal year. In addition, there were no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2019WorsenedAnnual report
「However, uncertainty in the overseas economy resulting from US-China trade friction and the planned increase in the consumption tax mean that the outlook remains uncertain. The construction industry is currently holding firm, underpinned by solid corporate earnings, but corporate attitudes toward capital investment are expected to become more cautious in response to uncertainty in the domestic and overseas economies.」
In addition to the existing uncertainty over the global economy and after the Olympics, US-China trade friction, the consumption-tax increase, and more cautious corporate attitudes toward capital investment are cited as new sources of uncertainty. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. No specific risk quantification or occurrence is reported. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for business-environment risks, including overseas economies and the domestic construction market. - FY2018WorsenedAnnual report
「The construction industry is currently holding firm, underpinned by solid corporate earnings, but is expected to enter a period of low growth after peaking around the Tokyo Olympics and Paralympics.」
In addition to the existing concerns over the global environment and uncertainty after the Olympics, it explicitly states that the construction industry is expected to experience low growth after the Tokyo Olympics and Paralympics. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
No newly arising risks or material changes from those described in the previous fiscal year are reported for risks relating to the business and other matters. - FY2017RestatedAnnual report
「Although the business environment surrounding the Group faces downside risks from an unstable global environment, including US policy developments, the UK's decision to leave the EU, and the outlook for China and other emerging economies, the economy is expected to gradually recover as corporate earnings and capital investment remain firm.」
While the global environment, the UK's decision to leave the EU, and the Chinese and emerging-market economies continue to be cited as downside risks, a gradual economic recovery is also expected. - FY2017-Q3WorsenedAnnual report
「During the third-quarter cumulative period under review, Japan's economy remained uncertain. Amid growing caution over US interest-rate hikes and disruption following the Bank of Japan's monetary policy decision, yen appreciation became entrenched in the foreign exchange market and share prices declined in the stock market, causing corporate earnings to lose momentum. However, after the US presidential election in November, conditions changed abruptly, with yen depreciation and rising share prices, among other unexpected developments.」
In addition to entrenched yen appreciation and falling share prices and disruption following the Bank of Japan's monetary policy, unexpected developments such as the abrupt shift to yen depreciation and rising share prices after the US presidential election are cited, and uncertainty over the outlook is said to be continuing. - FY2017-Q2WorsenedAnnual report
「During the second-quarter cumulative period under review, Japan's economy remained unstable. Downturns in China and other emerging Asian economies, growing caution over US interest-rate hikes, and disruption following the Bank of Japan's monetary policy decision led to a persistent tendency toward yen appreciation in the foreign exchange market, while corporate earnings at high levels showed signs of stagnation.」
In addition to the existing concerns over the global environment and yen appreciation, downturns in China and emerging Asian economies, the US stance on interest-rate hikes, disruption following the Bank of Japan's monetary policy, and stagnating corporate earnings are cited as specific sources of instability. - FY2017-Q1WorsenedAnnual report
「During the cumulative period under review, Japan's economy became increasingly uncertain. Corporate earnings had been solid, but unexpected repercussions, including the UK's decision to leave the EU in late June, together with the rapid appreciation of the yen, caused the improvement in corporate performance to lose momentum.」
In addition to the existing concerns over an unstable global environment, the UK's decision to leave the EU and the rapid appreciation of the yen are cited as specific sources of uncertainty. - FY2016First statedAnnual report
「In the construction industry, construction demand is expected to remain firm, underpinned by solid corporate earnings. However, concerns over an unstable global environment remain, and the Japanese economy, particularly after the Tokyo Olympics, is uncertain.」
Construction demand remains firm, while the global environment and the domestic economy after the Tokyo Olympics are cited as sources of uncertainty.