Demand risks from the economic slowdown in China, Southeast Asia and other regions
First written in FY2016. 15 of 35 entries say "Worsened", first in FY2020-Q1. Latest entry: 2026-07-31.
Shinyei Kaisha moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 16 of 36 companies on the "Worse" side.
12 other companies' latest entry also says "Worsened".
- 2026-07-31WorsenedEarnings
「中国では、米国に対する輸出の減少が経済全体に影響を及ぼす中、内需の回復力は依然として弱く、長引く不動産市場の低迷などにより景気の減速が続きました。」
中国の輸出減少、内需回復の弱さ、不動産市場低迷による景気減速の継続が記載されている。 - FY2026WorsenedAnnual report
「Meanwhile, although Southeast Asia continued to show signs of an economic recovery, driven by factors including a surge in exports to the United States ahead of potential policy changes, concerns arose over the negative impact of U.S. trade policy. In China, amid concerns over various effects from declining exports to the United States, domestic demand slowed and the economic slowdown continued due to the prolonged weakness in the real estate market and other factors.」
While Southeast Asian exports had factors supporting a recovery, concerns arose over the impact of U.S. trade policy. In China, the economic slowdown continued due to declining exports to the United States, slowing domestic demand, and weakness in the real estate market. - 2026-05-14WorsenedEarnings
「中国では、米国に対する輸出の減少が経済全体に影響を及ぼす中、政府主導の設備投資は拡大を続けるものの、高い若年失業率や長引く不動産市場の低迷などにより景気減速傾向が続きました。」
中国では輸出減少、若年失業率、不動産市場低迷を背景とする景気減速傾向が継続した。 - FY2026-H1WorsenedAnnual report
「Meanwhile, although Southeast Asia continued to show signs of an economic recovery, driven by factors including a surge in exports to the United States ahead of potential policy changes, concerns arose over the negative impact of U.S. trade policy. In China, amid concerns over various effects from declining exports to the United States, domestic demand slowed and the economic slowdown continued due to the prolonged weakness in the real estate market and other factors.」
While Southeast Asia recovered on the back of front-loaded exports, concerns arose over the negative impact of U.S. trade policy. In China, the economic slowdown continued due to declining exports to the United States, slowing domestic demand, and weakness in the real estate market. - FY2025WorsenedAnnual report
「In Southeast Asia, factors including the relocation of production bases associated with supply chain restructuring drove a recovery in exports and had a positive impact. In China, however, the economic slowdown continued amid the prolonged weakness in the real estate market and signs of a slowdown in exports.」
While Southeast Asian exports recovered as production bases were relocated, the prolonged weakness in China's real estate market was accompanied by signs of slower exports, and the risk of an economic slowdown continued to increase. - FY2025-H1Recovery in Southeast Asian exports coexists with weakness in China's real estate marketAnnual report
「In Southeast Asia, factors including the relocation of production bases associated with supply chain restructuring drove a recovery in exports and had a positive impact. In China, meanwhile, although exports were trending upward, the economic slowdown continued due to the prolonged weakness in the real estate market.」
While a recovery in Southeast Asian exports driven by the relocation of production bases was indicated, China's rising exports coexisted with an economic slowdown caused by weakness in the real estate market. - FY2024Signs of recovery in China's domestic demand and exports coexist with weakness in the real estate marketAnnual report
「In China, although signs of a recovery led by domestic demand after the shift away from the zero-COVID policy and signs of a rebound in exports were seen, the economic slowdown continued due to weakness in the real estate market.」
While recovery factors in China's domestic demand and exports were identified, the economic slowdown continued due to weakness in the real estate market. - FY2024-Q3SoftenedAnnual report
「Meanwhile, although signs of a recovery led by domestic demand emerged in China after the shift away from the zero-COVID policy, the economic slowdown continued as sluggish exports coincided with deteriorating conditions in the real estate market.」
While indicating signs of a recovery in China's domestic demand led by domestic demand, it stated that the economic slowdown caused by sluggish exports and deterioration in the real estate market continued. The wording was less severe than the previous quarter's description of a more pronounced economic slowdown, but demand risks remained. - FY2024-Q2WorsenedAnnual report
「Meanwhile, although signs of a recovery led by domestic demand emerged in China after the shift away from the zero-COVID policy, the economic slowdown became more pronounced as sluggish exports coincided with deteriorating conditions in the real estate market.」
While signs of a recovery led by domestic demand emerged in China, the addition of deteriorating real estate market conditions to sluggish exports made the economic slowdown more pronounced. - FY2024-Q1China's weak exports coexist with signs of a recovery in domestic demandAnnual report
「Although signs of a recovery led by domestic demand emerged in China after the shift away from the zero-COVID policy, the economic slowdown continued due to factors including sluggish exports.」
While signs of a recovery led by domestic demand emerged after the shift away from the zero-COVID policy, the economic slowdown in China due to sluggish exports continued. - FY2023MitigatedAnnual report
「Although the economic slowdown continued in China due to the impact of the zero-COVID policy and the subsequent policy shift, signs of a recovery led by domestic demand also began to emerge after the policy shift.」
Although the economic slowdown continued in China, signs of a recovery led by domestic demand emerged after the shift away from the zero-COVID policy. Economic recovery also continued in Southeast Asia, supported by factors including increased personal consumption as activity restrictions were eased. - FY2023-Q3WorsenedAnnual report
「Meanwhile, in China, the economic slowdown continued due to lockdowns in major cities under the zero-COVID policy, the stagnation in consumption caused by a rapid spread of infections following the de facto abandonment of the policy, and sluggish real estate investment.」
In addition to lockdowns in major Chinese cities, the stagnation in consumption caused by the rapid spread of infections after the policy was abandoned was identified as a factor behind the economic slowdown in China. Sluggish real estate investment also continued, expanding risks to the demand environment in China, Southeast Asia and other regions. - FY2023-Q2WorsenedAnnual report
「Meanwhile, in China, the economic slowdown continued due to the continuation of the zero-COVID policy, including lockdowns in major cities, and sluggish real estate investment.」
In addition to lockdowns in major Chinese cities and the continuation of the zero-COVID policy, sluggish real estate investment was identified as a factor behind the economic slowdown in China. - FY2023-Q1WorsenedAnnual report
「Meanwhile, in China, the economic slowdown continued due to the continuation of the zero-COVID policy, including lockdowns in major cities, and concerns over real estate investment.」
The continuation of lockdowns in major Chinese cities and the zero-COVID policy was newly identified as a factor behind the economic slowdown in China. - FY2022-Q3RestatedAnnual report
「Meanwhile, although exports continued to increase in China, the economic slowdown continued due to tighter infectious disease measures and concerns over real estate investment. In Southeast Asia, activity restrictions were gradually eased, but the pace of economic recovery remained slow due to factors including weak domestic demand resulting from the restrictions.」
The economic slowdown in China and the slow recovery in Southeast Asia continued. Although the easing of activity restrictions was indicated, uncertainty in the overseas demand environment, including weak domestic demand, remained. - FY2022-Q2WorsenedAnnual report
「Although exports continued to increase in China, the economy began to slow due to tighter infectious disease measures and restraints on fixed-asset investment. In the United States, the economic recovery continued on the back of economic measures and the rollout of vaccines, but the pace of recovery in personal consumption and employment conditions slowed as infections resurged. In Southeast Asia, the pace of recovery was also slow, with domestic demand remaining weak due to strict activity restrictions and supply delays caused by restrictions on factory operations.」
The slowdown in China, the slowing recovery in the United States, and supply delays in Southeast Asia caused by weak domestic demand and restrictions on factory operations were identified, expanding risks in the overseas demand and supply environment. - FY2022-Q1MitigatedAnnual report
「During the first three months of the current consolidated fiscal year, the global economy was affected by the global COVID-19 pandemic. In China, the economy expanded steadily as exports continued to increase, while in the United States, personal consumption remained firm and the economy recovered steadily on the back of economic measures and the rollout of vaccines. In Southeast Asia, the economy was recovering, but the pace of recovery was slow due to factors including weak domestic demand.」
The expansion of the Chinese economy and the recovery of the U.S. economy were indicated, partially easing the overseas economic slowdown risks seen through the previous fiscal year. However, the recovery in Southeast Asia was slow, and regional disparities remained. - FY2021RestatedAnnual report
「During the current consolidated fiscal year, the global economy was affected by the global COVID-19 pandemic. The recovery trend continued in China, with exports expanding steadily, while in the United States, personal consumption, which had stagnated due to tighter activity restrictions amid a resurgence of infections, began to recover on the back of economic measures and the rollout of vaccines. In Southeast Asia, however, the recovery remained slow, and the economy as a whole continued to decelerate.」
While signs of a recovery emerged in China and the United States, the recovery in Southeast Asia was slow, reaffirming the view that the global economy as a whole continued to decelerate. - FY2021-Q3WorsenedAnnual report
「During the first nine months of the current consolidated fiscal year, the global economy was affected by the global COVID-19 pandemic. The recovery trend continued in China, but in the United States, although signs of a temporary recovery emerged, the recovery in personal consumption and other areas stalled as activity restrictions were tightened amid a resurgence of infections. In Southeast Asia, the recovery was also slow, and the economy as a whole continued to slow.」
While the recovery trend continued in China, the recovery in the United States stalled as infections resurged and activity restrictions were tightened, and the recovery in Southeast Asia also slowed. The overseas economy as a whole continued to decelerate. - FY2021-Q2MitigatedAnnual report
「In China, the recovery trend continued, and signs of a partial recovery emerged in the United States and Southeast Asia as economic activity resumed, but the economy as a whole continued to slow.」
For the overseas economy, which had been reported as slowing significantly through the previous quarter, a recovery trend in China and signs of a partial recovery in the United States and Southeast Asia were indicated, partially easing the risks. However, the global slowdown continued. - FY2021-Q1WorsenedAnnual report
「During the first three months of the current consolidated fiscal year, the global economy faced severe conditions amid the global COVID-19 pandemic. Although signs of a recovery were seen in China, the United States recorded substantial negative growth as employment conditions deteriorated rapidly, while Southeast Asia also experienced a significant slowdown.」
Although signs of a recovery emerged in China, substantial negative growth in the United States and a significant slowdown in Southeast Asia added to the overseas macroeconomic risks, including the demand environment in China, Southeast Asia and other regions. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, the global economy remained on a recovery track in the United States, and signs of a recovery were also seen in parts of Southeast Asia, while the slowdown in economic growth continued in China due to the prolonged U.S.-China trade war, and the global economy as a whole slowed significantly from the beginning of the year as the COVID-19 pandemic spread.」
In addition to the economic slowdown in China, the spread of COVID-19 was identified as causing a slowdown in the global economy as a whole. - FY2020-Q3WorsenedAnnual report
「During the first nine months of the current consolidated fiscal year, the global economy remained on a recovery track in the United States, supported by favorable employment conditions and firm personal consumption despite weakness in manufacturing, and signs of a recovery were also seen in parts of Southeast Asia, while the slowdown in economic growth continued in China due to the prolonged U.S.-China trade war.」
While signs of a recovery emerged in parts of Southeast Asia, the prolonged U.S.-China trade war continued to affect the slowdown in economic growth in China. - FY2020-Q1WorsenedAnnual report
「Although signs of a recovery were seen in parts of Southeast Asia, the slowdown in economic growth continued in China due to the impact of the U.S.-China trade war.」
While signs of a recovery emerged in parts of Southeast Asia, the impact of the U.S.-China trade war was newly identified as a factor behind the economic slowdown in China. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, the global economy remained generally firm, with the recovery trend continuing in the United States on the back of favorable employment conditions and firm personal consumption, while the slowdown in economic growth continued in China.」
While the slowdown in economic growth continued in China, the view that the global economy as a whole, including the United States, remained firm was reiterated. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the global economy remained generally firm, with the recovery trend continuing in the United States on the back of favorable employment conditions and firm personal consumption, while the slowdown in economic growth continued in China and Southeast Asia.」
While the slowdown in economic growth continued in China and Southeast Asia, the view that the global economy as a whole remained firm was reiterated. - FY2019-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, the global economy remained generally firm, with the recovery trend continuing in the United States on the back of favorable employment conditions and firm personal consumption, and signs of an economic recovery also emerging in Southeast Asia, while the slowdown in economic growth continued in China.」
While signs of an economic recovery continued in Southeast Asia, the slowdown in economic growth continued in China. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, the global economy remained generally firm, with the recovery trend continuing in the United States on the back of improved employment conditions and firm personal consumption, and signs of an economic recovery also emerging in Southeast Asia, while the slowdown in economic growth continued in China.」
While signs of an economic recovery continued in Southeast Asia, the slowdown in economic growth continued in China, reconfirming the divergence by region. - FY2018-Q2Signs of recovery in Southeast Asia, continued slowdown in ChinaAnnual report
「During the first six months of the current consolidated fiscal year, the global economy remained on a recovery track in the United States, where personal consumption showed signs of weakness but employment conditions remained firm, and signs of an economic recovery emerged in Southeast Asia, while the slowdown in economic growth continued in China.」
While signs of an economic recovery emerged in Southeast Asia, the slowdown in economic growth continued in China, confirming divergent conditions by region. - FY2018-Q1RestatedAnnual report
「During the first three months of the current consolidated fiscal year, the global economy remained on a recovery track in the United States, where personal consumption showed signs of weakness but employment conditions remained firm, while the slowdown in economic growth continued in China and Southeast Asia.」
The slowdown in economic growth in China and Southeast Asia continues to be described as an external factor affecting the overseas business environment. - FY2017RestatedAnnual report
「The slowdown in economic growth continued in China and Southeast Asia.」
The slowdown in economic growth in China and Southeast Asia continues to be described as an external factor affecting the overseas business environment. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, the global economy remained on a recovery track in the United States, where personal consumption was firm and employment conditions continued to improve, while the slowdown in economic growth continued in China and Southeast Asia.」
The slowdown in economic growth in China and Southeast Asia continues to be reported. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, the global economy remained on a recovery track in the United States, where personal consumption was firm and employment conditions continued to improve, while the slowdown in economic growth continued in China and Southeast Asia.」
The slowdown in economic growth in China and Southeast Asia continues to be reported. - FY2017-Q1RestatedAnnual report
「The slowdown in economic growth continued in China and Southeast Asia.」
It is stated that the economic slowdown in China and Southeast Asia continued. - FY2016First statedAnnual report
「In China and Southeast Asia, the slowdown in economic growth became more pronounced.」
The slowdown in economic growth in China and Southeast Asia is presented as an external factor affecting the overseas business environment.