Uncertainty about the outlook due to fluctuations in the international situation, prices and financial and capital markets
First written in FY2025-H1. 4 of 8 entries say "Worsened", first in FY2025. Latest entry: 2026-08-10.
Shimadaya moved to the "Worse" side of this theme in 2025, 5 years after the typical company in this theme (2020).
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
76 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Meanwhile, uncertainty about the outlook has increased due to the impact of U.S. trade policy, volatility risks in the financial and capital markets, and rising geopolitical risks. In Japan, risks that could weigh on the economy remain, including concerns that continued inflation may cause personal consumption to undershoot, and the outlook remains uncertain.」
In addition to the previously cited prices and financial markets, the disclosure identifies US trade policy, geopolitical risks and concerns over weaker personal consumption, stating that uncertainty over the outlook has increased. - FY2026-H1RestatedAnnual report
「However, the outlook remains uncertain due to instability in overseas conditions resulting from the slowdown in the Chinese economy and weaker economies in Europe and the United States, as well as the decline in real purchasing power caused by high prices.」
The slowdown in the Chinese economy, weaker economies in Europe and the United States, and the decline in real purchasing power caused by high prices continue to be cited as factors contributing to uncertainty over the outlook. - FY2025WorsenedAnnual report
「However, the downturn in overseas economies, including the impact of persistently high interest rates in Europe and the United States and the continued stagnation of China's real estate market, poses a risk of putting downward pressure on the domestic economy. In addition, the outlook remains uncertain due to rising prices, future US policy developments, conditions in the Middle East and volatility in the financial and capital markets.」
In addition to the previously cited international conditions, prices and financial and capital markets, the disclosure now covers a broader range of uncertainty factors, including overseas economies, interest rates, China's real estate market and conditions in the Middle East. - FY2025-H1First statedAnnual report
「However, due to heightened international tensions, rising prices and risks associated with volatility in the financial and capital markets, the outlook remains uncertain.」
International conditions, prices and financial and capital market volatility are cited as factors contributing to uncertainty over the outlook.