Downside Risks to the Global Economy and Uncertainty About the Outlook
First written in FY2019-Q3. 14 of 21 entries say "Restated". Latest entry: 2026-08-14.
Delsole 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: 18 of 29 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- 2026-08-14RestatedEarnings
「The situation remains unpredictable due to soaring global raw-material and resource prices, inflation caused by the weaker yen and the prolonged instability of the international situation.」
The company continues to face uncertainty due to raw-material and resource prices, the weaker yen and the international situation. - FY2026-H1RestatedAnnual report
「During the interim accounting period under review, Japan's economy remained in an unpredictable situation. Although corporate earnings were on a gradual recovery trend, prices continued to rise due to globally rising raw material and resource prices and the depreciation of the yen, while the international situation remained unstable.」
While acknowledging a gradual recovery in corporate earnings, it continues to describe uncertainty due to raw material and resource prices, the depreciation of the yen, rising prices, and the unstable international situation. - FY2025RestatedAnnual report
「The situation remains unpredictable due to concerns about further price increases caused by globally rising raw material and resource prices and the depreciation of the yen, as well as the prolonged instability of the international situation.」
It continues to describe uncertainty in the economic environment due to raw material and resource prices, the depreciation of the yen, and the international situation. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy has been gradually recovering as economic activity normalized following COVID-19's “transition to Category 5.” However, the situation remains unpredictable due to surging raw material and resource prices, rising prices caused by the depreciation of the yen, and the prolonged instability of the international situation.」
While acknowledging the normalization of economic activity and a gradual recovery, it continues to describe uncertainty over the outlook due to raw material and resource prices, the depreciation of the yen, and the international situation. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy has been gradually recovering as economic activity normalized following COVID-19's “transition to Category 5.” However, the situation remains unpredictable due to surging raw material and resource prices, rising prices caused by the depreciation of the yen, and the prolonged instability of the international situation.」
While acknowledging the normalization of economic activity and a gradual recovery, it continues to describe uncertainty over the outlook due to raw material and resource prices, the depreciation of the yen, and the international situation. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy began to move toward normalization as the impact of COVID-19 became limited. However, the situation remains unpredictable due to surging raw material and resource prices, rising prices caused by the depreciation of the yen, and the prolonged instability of the international situation.」
Although the impact of COVID-19 has become limited, it continues to describe uncertainty over the outlook due to raw material and resource prices, the depreciation of the yen, and the international situation. - FY2023RestatedAnnual report
「Although the impact of COVID-19 is expected to become limited following its “transition to Category 5,” raw material and resource prices are expected to remain elevated, and there are also concerns about the impact of exchange-rate fluctuations and geopolitical risks on economic activity.」
Although the impact of COVID-19 is expected to become more limited, uncertainty over the outlook due to raw material and resource prices, foreign exchange and geopolitical risks continues. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy remained in an unpredictable situation amid the prolonged impact of COVID-19, surging raw material and resource prices, rising prices caused by the depreciation of the yen, and heightened international tensions.」
It continues to describe uncertainty over the outlook due to the prolonged impact of COVID-19, surging raw material and resource prices, the depreciation of the yen, and heightened international tensions. - FY2023-Q2RestatedAnnual report
「Amid the prolonged impact of COVID-19, the situation remains unpredictable due to surging raw material and resource prices, rising prices caused by the depreciation of the yen, and heightened international tensions.」
It continues to describe uncertainty over the outlook due to the prolonged impact of COVID-19, surging raw material and resource prices, the depreciation of the yen, and heightened international tensions. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in an unpredictable situation, as the prolonged impact of COVID-19 was accompanied by rising prices due to surging raw material and resource prices and heightened geopolitical risks.」
It continues to describe uncertainty over the outlook due to the prolonged impact of COVID-19, rising prices, surging raw material and resource prices, and geopolitical risks. - FY2022WorsenedAnnual report
「During the fiscal year under review, Japan's economy remained challenging as the state of emergency and the application of priority preventive measures continued intermittently due to the spread of COVID-19. In addition, the situation has become increasingly unpredictable due to globally rising raw material and resource prices and growing tensions surrounding Russia and Ukraine.」
In addition to the prolonged impact of COVID-19, it specifically identifies globally rising raw material and resource prices and growing tensions surrounding Russia and Ukraine as new sources of uncertainty. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy remained challenging as the state of emergency and the application of priority preventive measures continued intermittently due to the spread of COVID-19, although signs of a gradual recovery emerged after their lifting in October last year. However, the situation remains unpredictable due to the resurgence of infections caused by new variants and surging resource prices.」
Although signs of recovery emerged after the lifting of the state of emergency and other measures, it specifically identifies the resurgence of infections caused by new variants and surging resource prices as new sources of uncertainty. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan's economy remained in an unpredictable situation, as economic and consumer activity continued to decline due to the spread of COVID-19, while the state of emergency and the application of priority preventive measures remained in effect despite progress in vaccinations.」
Although vaccinations have progressed, the state of emergency and other measures have remained in effect, and weakness in economic and consumer activity and uncertainty over the outlook have continued. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy remained in an unpredictable situation, as infections were spreading again while economic and consumer activity continued to decline significantly due to the spread of COVID-19.」
It continues to describe a decline in economic and consumer activity and an uncertain outlook due to the resurgence of infections. - FY2021-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy was in an extremely challenging situation, with economic and consumer activity declining sharply due to the spread of COVID-19, and a prolonged downturn appearing unavoidable.」
It states that the spread of COVID-19 caused a sharp decline in economic and consumer activity and that a prolonged downturn appeared unavoidable. - FY2021-Q1WorsenedAnnual report
「Economic and consumer activity has declined sharply due to the declaration of a state of emergency in response to the spread of COVID-19, requests for people to refrain from going out and other measures, resulting in an extremely challenging situation.」
In addition to the existing downside risks and uncertainty surrounding the outlook for the global economy, it describes a sharp decline in economic and consumer activity caused by the state of emergency and requests for people to refrain from going out. - FY2020WorsenedAnnual report
「Due to the impact of the novel coronavirus disease in Japan and overseas, the government's April 2020 Monthly Economic Report stated that the economy was deteriorating rapidly and in an extremely severe condition, and uncertainty about the outlook has increased further.」
In addition to the previously cited slowdown in the global economy and uncertainty about the outlook, the Company describes a rapid deterioration in economic conditions and increased uncertainty due to the novel coronavirus disease. - FY2020-Q3WorsenedAnnual report
「During the cumulative third-quarter period, Japan's economy lacked strength in both corporate performance and private consumption against a backdrop of a slowing global economy and slower improvements in employment and income, and uncertainty about the outlook continues.」
In addition to the previously cited downside risks to the global economy and uncertainty about the outlook, the Company explicitly identifies a slowing global economy and slower improvements in employment and income. - FY2020-Q1RestatedAnnual report
「Although Japan's economy during the cumulative first-quarter period showed signs of a gradual recovery against a backdrop of improving corporate performance and employment conditions, uncertainty about the outlook, including downside risks to the global economy, continues.」
The Company continues to identify downside risks to the global economy and uncertainty about the outlook as part of the economic environment during the first quarter. - FY2019RestatedAnnual report
「Downside risks to the global economy and other uncertainties about the outlook continue.」
The Company continues to identify downside risks to the global economy and uncertainty about the outlook as part of the economic environment during the current fiscal year. - FY2019-Q3First statedAnnual report
「Concern remains over downside risks to the global economy and uncertainty about the outlook.」
The Company has, for the first time, identified downside risks to the global economy and uncertainty about the outlook as risks relating to the economic environment during the cumulative third-quarter period.