Abrupt Changes in Economic Conditions
First written in FY2017. 5 of 10 entries say "Worsened", first in FY2020-Q3. Latest entry: FY2024.
Sanko Marketing Foods moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 17 of 26 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「The situation remains unclear. The declining labour force accompanying the declining birth rate and ageing population, soaring raw material and energy prices, and higher prices resulting from the yen's rapid depreciation are pushing up costs in the restaurant business. In addition, import restrictions imposed by countries importing seafood, stemming from the issue of treated water from the Fukushima Daiichi Nuclear Power Plant processed using the ALPS system, together with the nationwide trend of declining catches, are hindering the recovery of the seafood business.」
Regarding uncertainty in economic conditions, the disclosure simultaneously identified the declining labour force, higher costs, yen depreciation, seafood import restrictions and declining catches. - FY2023-Q1WorsenedAnnual report
「The outlook remains unclear as raw material and energy prices continue to rise following Russia's invasion of Ukraine, while prices remain high due to the yen's rapid depreciation.」
Regarding sudden changes and uncertainty in economic conditions, Russia's invasion of Ukraine, soaring raw material and energy prices, and the yen's rapid depreciation were identified as new factors. - FY2022WorsenedAnnual report
「Economic trends are expected to remain unclear, as concerns persist about a renewed spread of infections following the replacement of the Omicron strain by BA.5, which is considered to be even more transmissible.」
Regarding sudden changes and uncertainty in economic conditions, the renewed spread of infections following the replacement of the prevailing strain by BA.5 was identified as a new source of uncertainty. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter under review, from 1 July 2020 to 30 September 2020, the Japanese economy remained stagnant and was in an extremely severe situation as the impact of the spread of COVID-19 continued.」
The disclosure stated that economic stagnation and an extremely severe situation continued as the impact of COVID-19 persisted. - FY2020-Q3WorsenedAnnual report
「Both domestic and external demand have deteriorated due to the impact of COVID-19, and the situation remains unclear.」
Regarding sudden changes and uncertainty in economic conditions, the deterioration in domestic and external demand caused by COVID-19 was identified as a new factor. - FY2019-Q3RestatedAnnual report
「The outlook remains unclear amid uncertainty in overseas political and economic conditions, including the impact of a succession of natural disasters on the domestic economy and escalating US-China trade tensions.」
The disclosure continues to describe the lack of visibility in the outlook due to uncertainty in domestic and overseas economic conditions, including natural disasters and US-China trade tensions. - FY2018RestatedAnnual report
「However, uncertainty in overseas economies also remains, and the situation is unclear.」
The disclosure continues to describe the lack of visibility in the economic environment due to uncertainty in overseas economies. - FY2018-Q3RestatedAnnual report
「However, uncertainty in overseas economies also remains, and the situation continues to be unclear.」
The disclosure continues to describe the lack of visibility in the economic environment due to uncertainty in overseas economies. - FY2018-Q1RestatedAnnual report
「However, uncertainty in overseas economies also remains, and the situation continues to be unclear.」
The disclosure continues to describe the lack of visibility in the economic environment due to uncertainty in overseas economies. - FY2017First statedAnnual report
「If sudden changes in economic conditions that could not have been anticipated at the beginning of the fiscal year occur, they may affect the Company's operating performance and financial condition.」
The possibility that unforeseen sudden changes in economic conditions could affect operating performance and financial condition was identified for the first time as a business risk.