Risk of deterioration in financial and real estate markets
First written in FY2016. 15 of 24 entries say "Restated". Latest entry: 2026-08-14.
Kitahama Capital Partners moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedOccurring Fact
「Meanwhile, as monetary policy normalization progresses, including interest-rate hikes by the Bank of Japan, the outlook remains one that requires close monitoring, including the impact on personal consumption and corporate activity of U.S. trade policy, geopolitical risks in the Middle East, and inflation caused by persistently high raw-material and energy prices.」
従来の外部環境の不透明性に加え、政策金利引き上げ、米国通商政策及び中東情勢を具体的な注視要因として記載している。 - FY2026RestatedAnnual report
「However, the outlook remains uncertain due to concerns about high raw material and energy prices, downside in overseas economies and risks from volatility in financial and capital markets.」
The Group continues to disclose uncertainty in the external environment arising from high raw material and energy prices, downside in overseas economies and volatility in financial and capital markets. - FY2025-H1RestatedAnnual report
「However, the outlook remains uncertain due to persistently high raw material and energy prices, downside risks in overseas economies and volatility in financial and capital markets.」
The Group continues to disclose uncertainty in the external environment arising from high raw material and energy prices, downside in overseas economies and volatility in financial and capital markets. - FY2024-Q3WorsenedAnnual report
「However, the outlook for the economy remains uncertain due to concerns about the impact on consumption of sharp yen depreciation and higher resource and energy prices, as well as overseas economic and price trends and developments in Ukraine and the Middle East.」
In addition to the existing uncertainty in the financial and economic environment, the Group identifies sharp yen depreciation, higher resource and energy prices, and developments in Ukraine and the Middle East as downside factors. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy slowed moderately due to continued inflation and monetary tightening, mainly in Europe and the United States, and sluggish domestic and overseas demand accompanying the end of the rebound consumption following the COVID-19 pandemic in China.」
The Group continues to disclose an economic slowdown and uncertainty in domestic and overseas economies arising from inflation and monetary tightening in Europe and the United States and sluggish demand in China. - FY2024-Q1RestatedAnnual report
「At the same time, the outlook remains uncertain amid continued global monetary tightening, concerns over downside in overseas economies and rising prices.」
The Group continues to disclose uncertainty in the financial and economic environment arising from global monetary tightening, concerns over downside in overseas economies and rising prices. - FY2023RestatedAnnual report
「At the same time, the outlook remains uncertain due to downside risks including sharp yen depreciation, rising raw material prices and volatility in financial and capital markets amid the prolonged situation in Ukraine.」
The Group continues to highlight the need for caution regarding downside risks from the situation in Ukraine, yen depreciation, rising raw material prices and volatility in financial and capital markets. - FY2023-Q1WorsenedAnnual report
「At the same time, the outlook remains uncertain due to downside risks including sharp yen depreciation, rising raw material prices and volatility in financial and capital markets amid the prolonged situation in Ukraine.」
In addition to the existing risk from volatility in financial and capital markets, the Group explicitly identifies the prolonged situation in Ukraine, sharp yen depreciation and rising raw material prices as downside risks. - FY2022-Q3RestatedAnnual report
「During the third quarter of the current fiscal year, Japan's economy was on a gradual recovery trend alongside a steady recovery in overseas economies and progress in vaccinations, supported by government policies including various benefit payments and enhanced corporate financing support, although difficult conditions continued, particularly in service industries such as accommodation and food services, due to the global spread of COVID-19. Further economic recovery is expected, but considerable uncertainty remains regarding the status of COVID-19, requiring continued close monitoring.」
The Group presents both the difficult conditions centered on service industries and the recovery trend driven by the recovery in overseas economies and vaccinations, while continuing to highlight the need to monitor uncertainty regarding COVID-19. - FY2022-Q2SoftenedAnnual report
「Although difficult conditions continue, particularly in service industries such as accommodation and food services, due to the global spread of COVID-19, the economy is on a gradual recovery trend alongside a steady recovery in overseas economies and progress in vaccinations, supported by government policies including various benefit payments and enhanced corporate financing support. Further economic recovery is expected, but considerable uncertainty remains regarding the status of COVID-19, requiring continued close monitoring.」
Although difficult conditions, particularly in service industries, are expected to continue, the Group also indicates a gradual recovery trend and prospects for further recovery driven by the recovery in overseas economies and vaccinations. However, it states that considerable uncertainty regarding COVID-19 remains. - FY2022-Q1RestatedAnnual report
「The economy is expected to recover further as vaccinations progress, but the COVID-19 situation remains highly uncertain. Conditions require close monitoring of the pace of recovery in economic activity and demand, as well as global interest-rate trends.」
While indicating prospects for a recovery through vaccinations, the Group continues to disclose uncertainty regarding infection trends, the pace of recovery in economic activity and demand, and global interest-rate trends. - FY2021-Q3RestatedAnnual report
「Overseas, the spread of COVID-19 has continued to expand further with no sign of containment, and the situation remains such that its impact on economic activity cannot be predicted.」
The Group continues to disclose uncertainty in overseas economies and financial and real estate markets arising from COVID-19. - FY2021-Q2WorsenedAnnual report
「Overseas, the spread of COVID-19 has continued to expand further with no sign of containment, and the situation remains such that its impact on economic activity cannot be predicted.」
The Group states that the spread of COVID-19 has not been contained either domestically or overseas and that its impact on economic activity is growing, increasing uncertainty in the external environment, including financial and real estate markets. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy entered an extremely difficult phase as the spread of COVID-19 led to a state of emergency being declared and economic activity was severely restricted, causing corporate earnings to decline rapidly. Even after the state of emergency was lifted, employment and income conditions continued to deteriorate, while the recovery in personal consumption and corporate earnings remained uncertain, with no clear outlook.」
The Group states that COVID-19 restricted economic activity and that the recovery in corporate earnings and personal consumption remains uncertain. In addition to the existing market and financial market risks, uncertainty in the external environment has increased. - FY2020WorsenedAnnual report
「The outlook remains uncertain, as difficult conditions are expected to continue due to the global spread of COVID-19. Sufficient attention must be paid to the risk of further downside in domestic and overseas economies, as well as to the impact of volatility in financial markets.」
In addition to the existing financial and real estate market risks, the global spread of COVID-19 has put downward pressure on real estate markets and domestic and overseas economies, increasing uncertainty over the outlook. - FY2020-Q2RestatedAnnual report
「At the same time, the outlook remains uncertain, and caution is required regarding the impact of developments in trade issues on the global economy, uncertainty in overseas economies and volatility in financial and capital markets.」
The Group continues to highlight the need for caution regarding market risks arising from trade issues, uncertainty in overseas economies and volatility in financial and capital markets. - FY2019-Q3RestatedAnnual report
「At the same time, the outlook remains uncertain, and caution is required regarding the impact of developments in trade issues on the global economy, uncertainty in overseas economies and volatility in financial and capital markets.」
The Group continues to highlight the need for caution regarding market risks arising from trade issues, uncertainty in overseas economies and volatility in financial and capital markets. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The Group states that there have been no significant changes in the risk of deterioration in financial and real estate markets. - FY2018-Q3RestatedAnnual report
「Looking ahead, the need for caution regarding the uncertainty surrounding overseas economies, including the economic outlook for Europe and emerging economies in Asia following the decision for the United Kingdom to leave the EU, future political and economic developments including US monetary policy, and volatility in financial and capital markets has increased further.」
The Group continues to highlight the need for caution regarding uncertainty in overseas economies, political and monetary policy developments, and volatility in financial and capital markets. - FY2018-Q2RestatedAnnual report
「Looking ahead, the need for caution regarding the uncertainty surrounding overseas economies, including the economic outlook and geopolitical risks in Europe and emerging economies in Asia, future political and economic developments including US policy-rate hikes, and volatility in financial and capital markets remains high.」
The Group continues to highlight the need for caution regarding uncertainty in overseas economies, geopolitical risks, US interest-rate hikes and volatility in financial and capital markets. - FY2018-Q1RestatedAnnual report
「Looking ahead, the need for caution regarding the uncertainty surrounding overseas economies, including the economic outlook and geopolitical risks in Europe and emerging economies in Asia, future political and economic developments including US policy-rate hikes, and volatility in financial and capital markets remains high.」
The Group discloses uncertainty in overseas economies and financial and capital markets, as well as downside risk to the economy from China's falling real estate prices and excessive debt, but states that there have been no significant changes in business and other risks. - FY2017-Q3WorsenedAnnual report
「Looking ahead, the need for caution regarding the uncertainty surrounding overseas economies, including the economic outlook for Europe and emerging economies in Asia following the decision for the United Kingdom to leave the EU, future political and economic developments including US monetary policy, and volatility in financial and capital markets has increased further.」
Although it states that there have been no significant changes in business and other risks themselves, it notes that the need for caution regarding uncertainty in overseas economies and volatility in financial and capital markets has increased further. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」
The Group concludes that there have been no significant changes in the risk of deterioration in financial and real estate markets. - FY2016First statedAnnual report
「If real estate market conditions deteriorate beyond the Group's projections and asset values decline more than initially anticipated, this could have a significant impact on the Group's business results.」
The Group identifies financial and economic uncertainty and falling real estate prices as factors that could affect investment activities, funds, asset values and business results.