Slowdown in Emerging-Market Economies, Including China
First written in FY2016. 16 of 30 entries say "Restated". Latest entry: FY2026.
Omikenshi moved to the "Worse" side of this theme in 2024, 5 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
64 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Sluggish sales in the food business and in China, together with prolonged increases in costs resulting from soaring raw material and fuel prices, have continued to cause difficulties in both sales and profitability.」
In addition to concerns about slowing growth in the Chinese economy, weak sales in China continue to be an actual factor behind the struggles in sales and profit. - FY2026-H1WorsenedAnnual report
「Sluggish sales in the food business and in China, together with prolonged increases in costs resulting from soaring raw material and fuel prices, have continued to cause difficulties in both sales and profitability.」
In addition to the previous concerns about downside risks in the Chinese economy, weak sales in China were specifically cited as a factor behind the struggles in sales and profit. - FY2025WorsenedAnnual report
「The outlook is expected to remain uncertain due to the prolonged economic slowdown in China following the persistent real-estate downturn and deterioration in the labor market.」
For China, the company explicitly cited a prolonged economic slowdown caused by the persistent real-estate downturn and deterioration in the labor market, in addition to the previously cited weak domestic demand and signs of an economic slowdown. - FY2025-H1WorsenedAnnual report
「The outlook is expected to remain uncertain due to persistently high inflation caused by higher raw-material and energy costs, the prolonged and expanding conflicts in Ukraine and the Middle East, and continued signs of an economic slowdown in China due to weak domestic demand.」
For China, the company explicitly cited continued signs of an economic slowdown due to weak domestic demand in addition to the previous concerns about downside risks. Including the expanding conflicts in Ukraine and the Middle East, the disclosure strongly indicates uncertainty in the external environment. - FY2024-Q3WorsenedAnnual report
「During the nine months ended 31 December, economic activity was moving toward normalization as restrictions on activity were lifted following COVID-19's reclassification as a Class 5 disease, but the outlook is expected to remain uncertain due to higher raw-material and fuel prices, rising prices associated with yen depreciation, the unresolved situations in Ukraine and the Middle East, and concerns about downside risks in the Chinese economy.」
In addition to concerns about downside risks in the Chinese economy, escalating tensions in the Middle East were newly identified as a factor contributing to an uncertain outlook. - FY2024-Q2WorsenedAnnual report
「Sales and profit continued to struggle due to the prolonged impact of weak sales in China and rising costs associated with higher raw-material and fuel prices and yen depreciation, but signs of a recovery have begun to emerge.」
In addition to concerns about downside risks in the Chinese economy, weak sales in China were specifically cited as a factor behind the struggles in sales and profit. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, restrictions on activity related to COVID-19 were largely eliminated and economic activity was gradually moving toward normalization, but the outlook is expected to remain uncertain due to the prolonged semiconductor shortage, higher raw-material and fuel prices, rising prices associated with yen depreciation, the unresolved Ukraine issue in the global economy, and the emergence of financial instability.」
Regarding uncertainty in the external environment, the company referred to the near elimination of activity restrictions related to COVID-19, while continuing to cite semiconductor shortages, raw-material and fuel prices, yen depreciation, the Ukraine issue and financial instability as concerns. - FY2023ReframedAnnual report
「During the fiscal year, economic activity was gradually moving toward normalization as restrictions on activity related to COVID-19 were eased, but the outlook is expected to remain uncertain due to the prolonged semiconductor shortage, higher raw-material and fuel prices, rising prices associated with yen depreciation, the unresolved Ukraine issue in the global economy, and the emergence of financial instability at the end of the fiscal year.」
In addition to the previously cited factors, including infectious disease, raw-material and fuel prices, yen depreciation and the Ukraine issue, the company cited the emergence of financial instability at the end of the fiscal year as a factor contributing to uncertainty in the external environment. - FY2023-Q3RestatedAnnual report
「During the nine months ended 31 December, the Japanese economy continued to recover gradually, but the outlook is expected to remain uncertain due to the prolonged semiconductor shortage, higher raw-material and fuel prices, rising prices associated with the sharp depreciation of the yen, and the Ukraine crisis, which has yet to show signs of abating, as the end of the COVID-19 pandemic remains unforeseeable.」
The company continues to recognize uncertainty in the external environment due to semiconductor shortages, raw-material and fuel prices, yen depreciation and the Ukraine crisis, among other factors. - FY2023-Q2RestatedAnnual report
「During the first six months of the fiscal year, the Japanese economy continued to recover gradually, but the outlook is expected to remain uncertain due to the prolonged semiconductor shortage, higher raw-material and fuel prices, rising prices associated with the sharp depreciation of the yen, and the Ukraine crisis, which has yet to show signs of abating, as the end of the COVID-19 pandemic remains unforeseeable.」
The company continues to recognize uncertainty in the external environment due to semiconductor shortages, raw-material and fuel prices, yen depreciation and the Ukraine crisis, among other factors. - FY2023-Q1ReframedAnnual report
「As the end of the COVID-19 pandemic remains unforeseeable, the outlook is expected to remain uncertain due to the prolonged semiconductor shortage, higher raw-material and fuel prices, rising prices associated with the sharp depreciation of the yen, and the Ukraine crisis, which has yet to show signs of abating.」
The explanation of the uncertain outlook has expanded from a focus on overseas economies and trade friction to the broader external environment, including semiconductor shortages, raw-material and fuel prices, yen depreciation and the Ukraine crisis. - FY2022-Q2RestatedAnnual report
「In Japan, there were also positive signs, including a higher vaccination rate and the lifting of the state of emergency, but the outlook is expected to remain uncertain due to rising downside risks from higher crude oil and other raw-material prices, among other factors.」
The company continues to recognize uncertainty in overseas and domestic economies. It also referred to positive signs, including vaccinations and the lifting of the state of emergency. - FY2021-Q1RestatedAnnual report
「During the first quarter of the fiscal year, the Japanese economy showed signs of recovery as activity restrictions related to COVID-19 were eased, but remained in an uncertain outlook because a mood of self-restraint persisted in many sectors and there were concerns about a second wave of infections.」
In addition to the previous recognition of uncertainty in the external environment, including overseas economies and trade friction, the company continues to cite COVID-19-related activity restrictions, a mood of self-restraint and concerns about a second wave as factors contributing to an uncertain outlook. - FY2020ReframedAnnual report
「During the fiscal year, the Japanese economy remained on a gradual recovery trend as corporate earnings and the employment environment improved, but remained in an uncertain outlook as COVID-19 began to have a significant impact on the Japanese economy.」
In addition to the previous explanation of uncertainty centered on overseas economies and trade friction, the company identified the beginning of COVID-19's impact on the Japanese economy as a major uncertainty in the external environment. - FY2020-Q3RestatedAnnual report
「During the nine months ended 31 December, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The company continues to regard the uncertain outlook caused by overseas trade friction and other factors as a business-environment concern. - FY2020-Q2RestatedAnnual report
「During the first six months of the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The company continues to regard the uncertain outlook caused by overseas trade friction and other factors as a business-environment concern. - FY2020-Q1RestatedAnnual report
「During the first quarter of the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The company continues to regard the uncertain outlook caused by overseas trade friction and other factors as a business-environment concern. - FY2019RestatedAnnual report
「During the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The company continues to regard the uncertain outlook caused by overseas trade friction and other factors as a business-environment concern. - FY2019-Q3RestatedAnnual report
「During the nine months ended 31 December, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
Although the description has shifted from concerns about slowing growth in specific regions, including China, to overseas trade friction and other factors, the company continues to recognize an uncertain outlook caused by overseas factors. - FY2019-Q2RestatedAnnual report
「During the first six months of the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The company continues to recognize uncertainty in overseas economies as an uncertain outlook caused by overseas trade friction and other factors, following the previous quarter. - FY2019-Q1ReframedAnnual report
「During the first quarter of the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a gradual recovery trend, as corporate earnings and the employment environment improved, amid overseas trade friction and other factors.」
The description of the external environment has shifted from concerns about slowing growth in emerging-market economies, including China, and geopolitical risks to an uncertain outlook caused by overseas trade friction and other factors. - FY2018RestatedAnnual report
「During the fiscal year, the Japanese economy remained in an uncertain outlook despite being on a recovery trend, as corporate earnings and the employment environment improved, amid concerns about uncertainty in overseas economies and rising geopolitical risks, among other factors.」
The company continues to recognize broad uncertainty in the external environment, including uncertainty in overseas economies and geopolitical risks, rather than concerns focused on an individual region such as China. - FY2018-Q3ReframedAnnual report
「The Japanese economy remained in an uncertain outlook amid concerns about uncertainty in overseas economies and rising geopolitical risks.」
The description has shifted from the specific concern previously expressed about slowing growth in emerging-market economies, including China, to broader uncertainty in the external environment, including uncertainty in overseas economies and geopolitical risks. The company also states that there have been no new risks or material changes to existing business and other risks. - FY2017RestatedAnnual report
「During the fiscal year, the Japanese economy remained in an uncertain outlook due to concerns about slowing growth in emerging-market economies, particularly China, the UK's withdrawal from the EU, and the policies of the new US administration, among other factors.」
The company continues to regard concerns about slowing growth in emerging-market economies, particularly China, as a factor contributing to an uncertain outlook. - FY2017-Q3RestatedAnnual report
「During the nine months ended 31 December, the Japanese economy remained in an uncertain outlook due to concerns about slowing growth in emerging-market economies, particularly China, the UK's withdrawal from the EU, and the policies of the new US administration, among other factors.」
The company continues to cite concerns about slowing growth in emerging-market economies, particularly China, as a factor contributing to an uncertain economic environment. - FY2017-Q2RestatedAnnual report
「During the first six months of the fiscal year, the Japanese economy remained in an uncertain outlook due to concerns about slowing growth in emerging-market economies, particularly China, and the impact of the UK's withdrawal from the EU, among other factors.」
The company continues to cite concerns about slowing growth in emerging-market economies, particularly China, as a factor contributing to an uncertain outlook. - FY2017-Q1RestatedAnnual report
「During the first quarter of the fiscal year, the Japanese economy remained in an uncertain outlook due to concerns about slowing growth in emerging-market economies, particularly China, and the impact of the UK's withdrawal from the EU, among other factors.」
The company continues to cite concerns about slowing growth in emerging-market economies, particularly China, as a factor contributing to an uncertain outlook. - FY2016First statedAnnual report
「The Japanese economy remained in an uncertain outlook due to concerns about slowing growth in emerging-market economies, particularly China, and the impact of the UK's withdrawal from the EU, among other factors.」
The company recognized slowing growth in emerging-market economies as a business-environment risk and stated that it was affected during the fiscal year.