Changes in consumer spending driven by domestic economic, financial and natural disaster conditions
First written in FY2022. 1 of 3 entries say "Reframed", first in FY2026-H1. Latest entry: FY2026.
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
28 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Changes in economic conditions in Japan, including economic, financial and natural disaster conditions, and changes in personal consumption trends affected by these factors may affect the Group's operating results and financial position.」
The risk of changes in consumer spending driven by domestic economic and financial conditions and natural disasters continues to be disclosed. - FY2026-H1ReframedAnnual report
「Uncertainty about the outlook continues, owing to downside economic risks, including the effects of higher prices resulting from elevated raw material and supplies costs and higher costs generally, as well as the impact of US trade policy on the global economy.」
In addition to the previously identified fluctuations in consumer spending caused by domestic economic and financial conditions and natural disasters, risks now include international economic downside factors such as the impact of US trade policy on the global economy. - FY2022First statedAnnual report
「Changes in economic conditions in Japan, including economic, financial and natural disaster conditions, and changes in personal consumption trends affected by these factors may affect the Group's operating results and financial position.」
Given its concentration on domestic operations, the Group identifies fluctuations in economic and financial conditions, natural disasters and personal consumption trends as risks.