Uncertainty in Overseas Conditions from a Chinese Slowdown and a Change in U.S. President
First written in FY2017-Q3. 17 of 30 entries say "Restated". Latest entry: FY2026.
Yamami Company moved to the "Worse" side of this theme in 2022, 2 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
「The food manufacturing industry continued to face a challenging business environment, affected by surging crude oil prices following attacks on Iran by the United States and Israel and higher packaging-material prices caused by naphtha shortages.」
In addition to the existing risks related to geopolitical conditions, raw materials and energy prices, it identifies attacks on Iran by the United States and Israel, soaring crude oil prices, and higher packaging-material prices due to naphtha shortages as new factors affecting the business environment. - FY2026-H1WorsenedAnnual report
「The outlook remains uncertain due to heightened geopolitical risks, US trade policy, foreign-exchange fluctuations and the impact of further price increases on personal consumption.」
In addition to the existing US trade policy and foreign-exchange risks, it identifies heightened geopolitical risks and the impact of further price increases on personal consumption as factors contributing to uncertainty about the outlook. - FY2025WorsenedAnnual report
「The Japanese economy has remained on a moderate recovery trend due to improvements in employment and income conditions and the effects of various policies, but the outlook remains uncertain due to the impact of US trade policy and volatility in financial and capital markets.」
In addition to the existing uncertainty in overseas conditions and financial markets, it identifies the impact of US trade policy as a new factor contributing to uncertainty about the outlook. - FY2025-H1WorsenedAnnual report
「While the situation in Ukraine and tensions in the Middle East have kept raw-material and energy prices elevated, foreign-exchange markets have fluctuated due to interest-rate hikes by Western countries, and uncertainty about the outlook continues, including the direction of the new US administration.」
In addition to the existing situation in Ukraine, the situation in the Middle East and foreign-exchange fluctuations, it explicitly identifies the direction of the new US administration as a factor contributing to uncertainty about the outlook. - FY2024WorsenedAnnual report
「During the fiscal year under review, the Japanese economy showed a moderate recovery trend, supported by increased movement of people and inbound demand following the reclassification of COVID-19 as a Class 5 infectious disease. However, the outlook for the economy remained uncertain as energy and raw-material prices continued to rise due to the situation in Ukraine, tensions in the Middle East, foreign-exchange fluctuations and the effects of global monetary tightening.」
In addition to the existing situation in Ukraine and other factors, it explicitly identifies the situation in the Middle East, foreign-exchange fluctuations and global monetary tightening as factors contributing to uncertainty. - FY2024-Q3RestatedAnnual report
「The global economy contains numerous uncertainties affecting the domestic economy, including the prolonged Russian invasion of Ukraine and rising interest rates in major countries, leaving the outlook for the domestic economy still uncertain.」
It continues to describe uncertainties in the overseas and financial environments, including the prolonged situation in Ukraine and rising interest rates in major countries, as well as uncertainty about the outlook for the domestic economy. - FY2024-Q2RestatedAnnual report
「However, the outlook remains uncertain due to the impact of soaring raw-material and energy prices, inflation resulting from yen depreciation, and the prolonged situation in Ukraine.」
It continues to describe uncertainty in the overseas and economic environments due to the prolonged situation in Ukraine, yen depreciation, and soaring raw-material and energy prices. No new factors have been added. - FY2023WorsenedAnnual report
「The Japanese economy was affected by COVID-19 during the fiscal year under review, but following the reclassification of the disease as a Class 5 infectious disease, the easing of restrictions and recovery in inbound demand created an environment in which an economic recovery and normalisation of economic activity were finally expected. However, the outlook remained uncertain due to soaring crude oil and raw-material prices resulting from the situation in Ukraine and the rapid depreciation of the yen.」
While describing expectations for an economic recovery and the easing of restrictions, it continues to identify the situation in Ukraine, soaring crude oil and raw-material prices, and rapid yen depreciation as factors contributing to uncertainty in the overseas and economic environments. - FY2023-Q2WorsenedAnnual report
「The global economy also remains uncertain due to the prolonged situation in Ukraine, the impact on the economy of a sharp increase in COVID-19 cases in China, and concerns about a shift from a period of global inflation to a period of economic recession.」
In addition to the existing uncertainty in overseas conditions due to the situation in Ukraine and other factors, it explicitly identifies the sharp increase in infections in China and concerns about a shift from global inflation to recession, indicating that factors weighing on the overseas economy have broadened. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter under review, the economy showed signs of recovery following the easing of COVID-19 restrictions. However, the outlook remained uncertain as the yen depreciated due to the prolonged situation involving Russia and Ukraine and differences between the monetary policies of Western countries and Japan, contributing to soaring raw-material and energy prices.」
In addition to the existing uncertainty in overseas conditions, it cites the prolonged situation involving Russia and Ukraine, yen depreciation due to differences in monetary policy, and soaring raw-material and energy prices as factors contributing to uncertainty about the outlook. - FY2022WorsenedAnnual report
「The Japanese economy remained challenging during the fiscal year under review due to the prolonged impact of COVID-19 and the situation involving Russia and Ukraine.」
In addition to the existing uncertainty surrounding overseas conditions and financial markets, it explicitly identifies the situation involving Russia and Ukraine as a factor worsening the economic environment. - FY2022-Q3WorsenedAnnual report
「There are also many factors weighing on the economy, including shortages of parts and raw materials, soaring prices for energy, food and daily necessities, rising US interest rates, a weaker yen and geopolitical risks. The situation therefore continues to require close monitoring.」
In addition to the existing uncertainty surrounding political developments in the United States and China and financial and capital markets, it explicitly identifies rising US interest rates, yen depreciation and geopolitical risks as new factors weighing on the economy. - FY2021RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2021-Q3RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2021-Q2RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2021-Q1RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2020-Q3RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2020-Q1RestatedAnnual report
「The outlook remains uncertain due to concerns about risks related to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets.」
It continues to describe uncertainty about the outlook due to higher labour costs, political developments in the United States and China, and conditions in financial and capital markets. - FY2019RestatedAnnual report
「Overseas conditions remain uncertain due to concerns about risks related to political developments in the United States and China and conditions in financial and capital markets.」
It continues to describe uncertainty in the overseas environment due to political developments in the United States and China and conditions in financial and capital markets. - FY2019-Q3RestatedAnnual report
「Overseas conditions remain uncertain due to concerns about risks related to political developments in the United States and China and conditions in financial and capital markets.」
It continues to describe uncertainty in the overseas environment due to political developments in the United States and China and conditions in financial and capital markets. - FY2019-Q2RestatedAnnual report
「Overseas conditions remain uncertain due to concerns about risks related to political developments in the United States and China and conditions in financial and capital markets.」
It continues to describe uncertainty in the overseas environment due to political developments in the United States and China and conditions in financial and capital markets. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, the Japanese economy remained stable, with the domestic economy continuing to recover despite concerns about adverse effects from political developments in the United States, the EU and elsewhere.」
While continuing to describe uncertainty in the overseas environment due to political developments in the United States, the EU and elsewhere, it describes the domestic economy as being on a recovery trend. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, the Japanese economy remained stable, with the domestic economy continuing on a moderate recovery trend despite concerns about adverse effects from political developments in the United States, the EU and elsewhere.」
While continuing to describe uncertainty in the overseas environment due to political developments in the United States, the EU and elsewhere, it describes the domestic economy as being on a moderate recovery trend. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter under review, the Japanese economy remained stable, with the domestic economy continuing on a moderate recovery trend despite uncertainty in overseas economic conditions and concerns about volatility in financial and capital markets.」
While continuing to cite uncertainty in overseas economic conditions and concerns about volatility in financial and capital markets, it describes the domestic economy as being on a moderate recovery trend. - FY2017RestatedAnnual report
「Overseas conditions remain uncertain due to concerns about risks including slowing economic growth in China and a change of presidents in the United States.」
It continues to identify uncertainty in overseas conditions resulting from slower economic growth in China and a change of presidents in the United States as a risk to the business environment. - FY2017-Q3First statedAnnual report
「Overseas conditions remain uncertain due to concerns about risks including slowing economic growth in China and a change of presidents in the United States.」
It identifies slower economic growth in China and a change of presidents in the United States for the first time as risks in the overseas environment contributing to uncertainty about the outlook.