Economic Uncertainty from an Asian Slowdown, Policy Changes and Brexit

「However, the outlook remains uncertain due to factors including inflation, soaring labor costs, uncertainty surrounding political conditions and heightened geopolitical risks.」

「However, the outlook remains uncertain due to factors including heightened geopolitical risks arising from unstable international conditions, soaring raw-material and energy prices, inflation, and rapid foreign exchange fluctuations.」

「However, concerns are expected to arise from factors including soaring resource prices caused by unstable international conditions and global monetary tightening. The outlook therefore remains difficult to predict.」

「However, concerns remain about downside risks to the economy, including soaring resource prices and sharp foreign exchange fluctuations, due to the situation in Ukraine and the Israel-Gaza conflict. The outlook therefore remains difficult to predict.」

「However, concerns remain about downside risks to the economy due to the prolonged situation in Ukraine, soaring energy and raw-material prices resulting from yen depreciation and other factors, and global monetary tightening. The outlook therefore remains difficult to predict.」

「However, conditions remained uncertain due to factors including the prolonged situation in Ukraine, soaring energy and raw-material prices resulting from yen depreciation and other factors, and sharp foreign exchange fluctuations.」

「However, conditions remained uncertain due to factors including the prolonged situation in Ukraine, soaring energy and raw-material prices resulting from yen depreciation and other factors, and sharp foreign exchange fluctuations.」

「However, conditions remained uncertain due to factors including the spread of infections caused by variants of the novel coronavirus, the prolonged situation in Ukraine, soaring energy and raw-material prices, and sharp foreign exchange fluctuations.」

「Against a backdrop including the situation in Russia and Ukraine and the impact of lockdowns in China associated with the spread of the novel coronavirus infection, events with a serious impact on corporate earnings have occurred, including higher raw-material costs, yen depreciation in foreign exchange markets and supply chain disruptions. The economic outlook is expected to remain uncertain.」

「In addition, with geopolitical risks such as the worsening situation in Ukraine, the economic environment is expected to remain uncertain due to factors including rising resource prices.」

「During the cumulative third quarter of the fiscal year, the Japanese economy remained in an extremely difficult situation due to stagnation in economic activity resulting from the spread of the novel coronavirus infection. Although expectations for a recovery increased as some signs of an economic rebound emerged and vaccinations against the novel coronavirus infection began, the outlook remains uncertain.」

「During the cumulative second quarter of the fiscal year, the Japanese economy remained in an extremely difficult situation due to stagnation in economic activity resulting from the spread of the novel coronavirus infection. Although economic activity showed signs of gradually resuming following the lifting of the state of emergency, the outlook remains uncertain due to continued concern about a resurgence of infections.」

「In addition, all economic activity was constrained by the spread of the novel coronavirus infection, resulting in a rapid slowdown. As the outlook for the end of the global spread of the infection remains unclear, the outlook continues to be uncertain.」

「In addition, the outlook for the global economy remains uncertain due to factors including U.S.-China trade friction, the political situation in Europe, geopolitical risks in neighboring countries and the spread of the novel coronavirus infection.」

「During the cumulative second quarter of the fiscal year, the Japanese economy continued to recover moderately against a backdrop of improving corporate earnings. However, the impact of the consumption tax increase on personal consumption requires close monitoring. In addition, the outlook for the economy remains uncertain due to factors including the impact of escalating U.S.-China trade friction and the political situation in Europe.」

「There are concerns about downside risks to the economy due to factors including the impact of the consumption tax rate increase in October 2019. In addition, the outlook for the economy remains uncertain due to factors including the impact of escalating U.S.-China trade friction and the political situation in Europe.」

「Meanwhile, overseas economic conditions remain uncertain, due to factors including the impact of escalating U.S.-China trade friction and the United Kingdom's Brexit issue on the global economy, as well as heightened geopolitical risks.」

「In addition, the environment surrounding companies remains uncertain, due to factors including the impact of the protectionist trade policies of the United States on the global economy and heightened geopolitical risks.」

「However, the environment surrounding companies remains uncertain, due to factors including the impact of the protectionist trade policies of the United States on the global economy and heightened geopolitical risks.」

「However, overseas economic conditions remain uncertain, due to factors including the economic slowdown in emerging Asian countries, particularly China, the impact of policies under the new U.S. administration on the global economy, and heightened geopolitical risks in the Middle East and East Asia.」

「During the consolidated fiscal year (1 June 2016 to 31 May 2017), Japan’s economy continued to recover moderately. Although personal consumption lacked strength, corporate earnings and employment conditions continued to improve against the backdrop of various economic policies under Abenomics. However, overseas economies remained uncertain due to the economic slowdown in emerging Asian countries, including China, the UK’s exit from the EU, the impact of policies under the new US administration on the global economy, and rising geopolitical risks in the Middle East and East Asia.」

「The business environment remains uncertain due to an economic slowdown in emerging Asian countries, including China, uncertainty over future economic trends following the launch of the new US administration, and instability in foreign exchange and equity markets arising from issues including the UK’s exit from the EU.」