Impact on the Domestic Economy from the Consumption Tax Increase, Natural Disasters and Weaker Exports
First written in FY2020-Q2. 1 of 2 entries say "Restated". Latest entry: FY2020-Q3.
The whole theme swung hardest in 2020: 6 of 11 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained on a gradual recovery path against a backdrop of improving employment and income conditions. However, the outlook remained uncertain due to the impact of the consumption tax rate increase and uncertainty in overseas economies, including the Middle East and China.」
The economic impact of the consumption tax rate increase continues to be highlighted and has been reaffirmed as a factor of concern surrounding the domestic economy. - FY2020-Q2First statedAnnual report
「However, the consumption tax will be increased from October this year, natural disasters such as typhoons have continued, and exports have remained weak, raising concerns about the impact on the economy.」
The increase in the consumption tax, continuing natural disasters and weaker exports were identified for the first time as a standalone theme of concern for the domestic economy.