Downside Risks to the Global Economy from High Interest Rates, US-China Trade Friction and Policy Uncertainty
First written in FY2026-H1. 2 of 5 entries say "Restated". Latest entry: 2026-09-14.
Terra Drone moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 129 of 169 companies on the "Worse" side.
8 other companies' latest entry also says "Materialised".
- FY2027-H1RestatedAnnual report
「The outlook remains uncertain due to higher energy prices and inflationary pressures associated with escalating tensions in the Middle East, protectionist trade policies such as additional US tariff measures, and continuing trade friction between the US and China.」
The Group continues to disclose uncertainty and downside risks for the global economy arising from the situation in the Middle East, additional US tariffs, US-China trade friction and geopolitical risks. - FY2026WorsenedAnnual report
「Geopolitical risks, including the impact of tariff policies in the United States, slowing growth in the Chinese economy, Russia’s invasion of Ukraine and instability in the Middle East, continue to cloud the outlook for the global economy.」
In addition to high interest rates, US-China trade friction and policy uncertainty, the disclosure broadens the range of economic and geopolitical uncertainties to include US tariffs, slower Chinese growth, war and instability in the Middle East. - FY2026-H1First statedAnnual report
「Downside risks to the global economy are increasing as the effects of persistently high interest rates in Europe and the United States, escalating US-China trade friction and the resulting policy uncertainty remain.」
The Group identifies persistent high interest rates, intensifying US-China trade friction and policy uncertainty as downside factors for the global economy.