Stagnation in Corporate Earnings and Personal Consumption Due to Exchange-Rate and Stock-Price Fluctuations
First written in FY2017-Q1. 5 of 19 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 138 of 155 companies on the "Worse" side.
24 other companies' latest entry also says "Other".
- FY2026-H1Economic uncertainty factors updatedAnnual report
「During the interim consolidated accounting period, Japan's economy remained uncertain, due to U.S. trade policy, the slowdown in China's economy and continued price increases for daily necessities.」
U.S. trade policy, the slowdown in China's economy and higher prices for daily necessities were cited as factors contributing to uncertainty in the economic environment. - FY2025Economic uncertainty factors updatedAnnual report
「During the consolidated fiscal year, Japan's economy remained uncertain, due to the prolonged situations in Ukraine and the Middle East, the slowdown in China's economy, inflation resulting from higher raw material and energy prices, and the impact of rapid exchange-rate fluctuations.」
In addition to the previously cited situation in Ukraine, inflation and exchange-rate fluctuations, the prolonged situation in the Middle East and the slowdown in China's economy were cited as factors contributing to uncertainty in the economic environment. - FY2025-H1Additional and updated uncertainty factorsAnnual report
「During the interim consolidated accounting period, Japan's economy remained uncertain, due to the prolonged situation in Ukraine, heightened tensions in the Middle East, the slowdown in China's economy, inflation resulting from higher raw material and energy prices, and the impact of rapid exchange-rate fluctuations.」
The slowdown in China's economy and heightened tensions in the Middle East were cited as factors contributing to uncertainty in the economic environment, and the disclosure was updated together with the situation in Ukraine, inflation and exchange-rate fluctuations. - FY2024Additional and updated uncertainty factorsAnnual report
「During the consolidated fiscal year, Japan's economy remained uncertain due to prolonged instability in Ukraine and the Middle East, inflation resulting from raw material and energy prices, and an exchange-rate environment in which the yen's depreciation trend strengthened.」
Instability in the Middle East, inflation driven by raw material and energy prices, and the yen's depreciation trend were cited as factors contributing to uncertainty in the economic environment. - FY2024-Q3RestatedAnnual report
「During the third quarter of the fiscal year, Japan's economy remained uncertain, due to the prolonged situation between Russia and Ukraine, inflation resulting from persistently high raw material and energy prices, and the renewed strengthening of the yen's depreciation trend.」
The prolonged situation between Russia and Ukraine, persistently high raw material and energy prices, inflation and the yen's depreciation trend continue to be cited as factors contributing to uncertainty in the economic environment. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy remained uncertain, due to the prolonged situation between Russia and Ukraine, inflation resulting from persistently high raw material and energy prices, and the renewed strengthening of the yen's depreciation trend.」
The prolonged situation between Russia and Ukraine, persistently high raw material and energy prices, inflation and the yen's depreciation trend continue to be cited as factors contributing to uncertainty in the economic environment. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained uncertain, due to factors including the prolonged situation between Russia and Ukraine, inflation resulting from higher raw material and energy prices, and the impact of rapid exchange-rate fluctuations.」
The situation between Russia and Ukraine, higher raw material and energy prices, inflation and rapid exchange-rate fluctuations were reaffirmed as factors contributing to uncertainty in the economic environment. - FY2023RestatedAnnual report
「During the consolidated fiscal year, Japan's economy remained uncertain, due to factors including the situation between Russia and Ukraine, inflation resulting from higher raw material and energy prices, and the impact of rapid exchange-rate fluctuations.」
The situation between Russia and Ukraine, higher raw material and energy prices, inflation and rapid exchange-rate fluctuations were reaffirmed as factors contributing to uncertainty in the economic environment. - FY2023-Q3Additional and updated uncertainty factorsAnnual report
「However, the economic environment remains uncertain, due to the situation in Ukraine, concerns over inflation resulting from higher raw material and energy prices, and rapidly advancing exchange-rate fluctuations.」
The situation in Ukraine, concerns over inflation resulting from higher raw material and energy prices, and rapid exchange-rate fluctuations were cited as factors contributing to uncertainty in the economic environment. - FY2023-Q2RestatedAnnual report
「However, due to various factors, including lockdowns in China, the situation in Ukraine and rapidly advancing exchange-rate fluctuations, the economic outlook remains somewhat uncertain.」
Lockdowns in China, the situation in Ukraine and rapid exchange-rate fluctuations continue to be cited as factors contributing to uncertainty in the economic environment. - FY2023-Q1Resurgence of yen depreciation as a factorAnnual report
「However, the outlook has become somewhat uncertain due to various factors, including the impact on supply chains from lockdowns in China and the situation in Ukraine, as well as the rapid depreciation of the yen.」
The previously omitted exchange-rate factor has been included again, citing the rapid depreciation of the yen as a source of uncertainty going forward. - FY2018DroppedAnnual reportNo specific reference was identified in the current year's discussion of the operating environment, business risks or financial analysis to foreign-exchange and share-price movements as factors behind stagnation in corporate earnings and personal consumption.
- FY2018-Q3Update to Factors Causing UncertaintyAnnual report
「During the first nine months of the fiscal year under review, Japan's economy remained on a moderate recovery trend, supported by improvements in corporate earnings and a recovery in personal consumption. However, uncertainty about the global economy due to overseas policy trends and geopolitical risks resulted in continued uncertainty about the outlook.」
While describing a moderate recovery trend, the company cited overseas policy trends and geopolitical risks as factors contributing to uncertainty in the global economy and uncertainty about the outlook. - FY2018-Q2Geopolitical risks added as an uncertainty factorAnnual report
「During the first six months of the fiscal year under review, Japan's economy remained on a moderate recovery trend, supported by improvements in corporate earnings and a recovery in personal consumption. However, uncertainty about the global economy due to U.S. policy trends and geopolitical risks involving North Korea and other factors resulted in continued uncertainty about the outlook.」
While describing a moderate recovery trend, the company cited U.S. policy trends and geopolitical risks involving North Korea and other factors as sources of uncertainty in the global economy. - FY2018-Q1Labor shortages and the new U.S. administration added as uncertainty factorsAnnual report
「During the first quarter of the fiscal year under review, Japan's economy remained on a moderate recovery trend, supported by improvements in corporate earnings and a recovery in personal consumption. However, uncertainty about the global economy due to worsening labor shortages and policy trends under the new U.S. administration resulted in continued uncertainty about the outlook.」
While describing the economy as being on a moderate recovery trend, the company cited worsening labor shortages and policy trends under the new U.S. administration as factors contributing to uncertainty about the outlook. - FY2017Additional and updated uncertainty factorsAnnual report
「Uncertainty about the outlook continued due to the slowdown in emerging-market economies, the issue of the UK's withdrawal from the EU and policy trends under the new U.S. administration.」
The company maintained its view of uncertainty about the outlook and cited the slowdown in emerging-market economies, the UK's withdrawal from the EU and policy trends under the new U.S. administration as factors. - FY2017-Q3Continued uncertainty and greater specificity regarding factorsAnnual report
「During the first nine months of the fiscal year under review, Japan's economy remained resilient, supported by the government's economic policies and the Bank of Japan's monetary policy, among other factors. However, the outlook remained uncertain due to unstable fluctuations in foreign-exchange rates and share prices related in part to the U.S. presidential election, as well as a slowdown in emerging-market economies.」
While describing the economy as resilient, the company cited factors including the U.S. presidential election behind foreign-exchange and share-price volatility, and stated that uncertainty about the outlook continued along with the slowdown in emerging-market economies. - FY2017-Q2Continued uncertainty and additional factorsAnnual report
「During the first six months of the fiscal year under review, Japan's economy remained resilient, supported by the government's economic policies and the Bank of Japan's monetary policy, among other factors. However, the outlook remained uncertain due to continued unstable fluctuations in foreign-exchange rates and share prices and a slowdown in emerging-market economies.」
While describing the economy as resilient, the company identified unstable foreign-exchange and share-price movements and a slowdown in emerging-market economies as factors contributing to uncertainty. - FY2017-Q1First statedAnnual report
「During the first quarter of the fiscal year under review, Japan's economy remained stagnant, with corporate earnings and personal consumption affected by unstable fluctuations in foreign-exchange rates and share prices.」
The company described an economic environment in which corporate earnings and personal consumption were stagnant against a backdrop of unstable foreign-exchange and share-price movements.