Uncertainty Surrounding Economic Conditions, Personal Consumption and Overseas Economies
First written in FY2017-Q3. 15 of 25 entries say "Worsened", first in FY2021-Q2. Latest entry: FY2026.
MarketEnterprise moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 141 of 158 companies on the "Worse" side.
46 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「In addition to concerns that tensions in Japan-China relations could weigh on inbound demand, the escalation of tensions in the Middle East, particularly around the situation in Iran, has made higher crude oil prices a new source of inflationary pressure.」
In addition to the depreciation of the yen, high prices and conflicts, the company identifies tensions in Japan-China relations, concerns about downward pressure on inbound demand, heightened tensions in the Middle East and higher crude oil prices as new sources of uncertainty for economic conditions and consumption. - FY2026-H1WorsenedAnnual report
「The prolonged geopolitical risks, including the situation in Ukraine, and the entrenched depreciation of the yen have caused so-called cost-push inflation, while negative real wages continue. As a result, consumer sentiment is showing signs of deterioration, and the company recognizes the need to continue closely monitoring future economic effects, including domestic and overseas interest rate trends.」
The company states that the depreciation of the yen, cost-push inflation and negative real wages have continued, with signs of deterioration in consumer sentiment, indicating that uncertainty surrounding economic conditions and personal consumption has increased. - FY2025WorsenedAnnual report
「The outlook for the global economy remains uncertain as geopolitical risks associated with the prolonged Russia-Ukraine war and Middle East conflict are compounded by uncertainty over US trade and tariff policies and a slowdown in the Chinese economy.」
In addition to the depreciation of the yen, high prices and ongoing conflicts, the company cites uncertainty over US trade and tariff policies and a slowdown in the Chinese economy as sources of uncertainty. - FY2025-H1WorsenedAnnual report
「The prolonged depreciation of the yen has raised costs and prices, putting downward pressure on real wages, while the recovery in personal consumption has shown signs of stalling. Meanwhile, prolonged conflicts in Ukraine and the Middle East continue to destabilize the international situation, and trends in financial markets, including political turmoil in Europe and the uncertainty surrounding the so-called Trump trade toward the end of the interim consolidated accounting period, affected the outlook for the economy」
In addition to the depreciation of the yen, high prices and the situation in Ukraine, the company cites the conflict in the Middle East, political turmoil in Europe and uncertainty surrounding the Trump trade as sources of uncertainty for economic conditions and personal consumption. - FY2024WorsenedAnnual report
「The global economy remains increasingly uncertain due to emerging geopolitical risks, including the prolonged Russia-Ukraine war and heightened tensions in the Middle East, slower growth in the Chinese economy, and the effects of interest rate and foreign exchange fluctuations associated with global monetary tightening.」
In addition to the situation in Ukraine, the depreciation of the yen and high prices, the company cites the situation in the Middle East, slower growth in the Chinese economy and the effects of monetary tightening as sources of uncertainty. - FY2024-Q2WorsenedAnnual report
「Geopolitical risks, including the prolonged Russia-Ukraine war and heightened tensions in the Middle East, continue to cloud the outlook for the global economy. Together with the entrenched depreciation of the yen, they have driven prices higher in Japan, while real wages remain negative because wage growth has not kept pace, and consumers are beginning to show renewed concern about protecting their household finances.」
In addition to the situation in Ukraine, the depreciation of the yen and high prices, the company points to heightened tensions in the Middle East and continued negative real wages, indicating that uncertainty surrounding economic conditions and personal consumption has broadened. - FY2023-Q3WorsenedAnnual report
「During the first 9 months of the current fiscal year, the Japanese economy saw restrictions on movement eased following the spread of COVID-19, raising expectations for a recovery in economic activity, but the outlook for the economy remains uncertain due to soaring resource prices resulting from the prolonged situation in Russia and Ukraine and rising prices caused by the depreciation of the yen.」
While indicating expectations for improvement from the easing of restrictions on movement, the company states that uncertainty in economic conditions has persisted due to the prolonged situation in Ukraine, soaring resource prices, the depreciation of the yen and rising prices. - FY2023-Q2WorsenedAnnual report
「Although restrictions on movement imposed due to the spread of COVID-19 have gradually been eased and economic activity is expected to recover, consumer sentiment has stagnated due to price increases for various products resulting from higher energy and raw material prices and deteriorating business sentiment accompanying global monetary tightening, and the outlook for the economy remains uncertain.」
While indicating expectations for improvement from the easing of restrictions on movement, the company cites higher energy and raw material prices, product price increases and deteriorating business sentiment caused by global monetary tightening as new sources of uncertainty. - FY2023-Q1WorsenedAnnual report
「Meanwhile, consumer sentiment has stagnated due to soaring energy prices and the rapid depreciation of the yen against the backdrop of the situation in Ukraine, as well as price increases for various products resulting from higher raw material prices, and the outlook for the economy remains uncertain.」
In addition to COVID-19 and the situation in Ukraine, the company cites soaring energy and raw material prices, the rapid depreciation of the yen and stagnant consumer sentiment due to higher product prices, indicating that factors contributing to uncertainty in the economic environment have broadened. - FY2022RestatedAnnual report
「Against a backdrop of global political instability caused by Russia's invasion of Ukraine, soaring resource prices and an accelerating depreciation of the yen, the economic environment remains uncertain.」
The company is reconfirming the uncertainty surrounding the economic environment, including the situation in Ukraine, soaring resource prices and the accelerating depreciation of the yen, in addition to the effects of COVID-19. - FY2022-Q3WorsenedAnnual report
「Against a backdrop of global political instability caused by Russia's invasion of Ukraine, soaring resource prices and an accelerating depreciation of the yen, the economic environment remains uncertain.」
The company cites Russia's invasion of Ukraine, soaring resource prices and the accelerating depreciation of the yen, in addition to the effects of COVID-19 and variants, as factors contributing to uncertainty in the economic environment. - FY2022-Q2WorsenedAnnual report
「Although measures including vaccinations temporarily led to moves toward easing restrictions on movement, the economic environment remains difficult due to downside risks to the domestic and global economies from the spread of new variants.」
Although there were moves toward easing restrictions on movement, downside risks to the domestic and global economies from the spread of new variants have emerged, and the company states that difficult economic conditions have continued. - FY2022-Q1RestatedAnnual report
「Although measures including vaccinations are beginning to have an effect and restrictions on movement are being eased, the outlook remains uncertain and the economic environment continues to be difficult.」
The company is reconfirming its view that, although there has been some improvement from vaccinations and the easing of restrictions on movement, the economic environment remains difficult and the outlook uncertain. - FY2021WorsenedAnnual report
「Although the economic environment temporarily showed signs of recovery from early summer to early autumn 2020 as the effects eased, the subsequent resurgence of infections has left conditions uncertain again, with states of emergency repeatedly declared.」
The company states that uncertainty in the economic environment has continued due to the resurgence of infections and repeated declarations of states of emergency. - FY2021-Q3WorsenedAnnual report
「Although the economic environment temporarily showed signs of recovery from early summer to early autumn 2020 after the state of emergency was lifted, the subsequent resurgence of infections has left conditions difficult again, with a third state of emergency declared.」
The company states that a third state of emergency was declared following the resurgence of infections and that the economic environment is difficult again. - FY2021-Q2WorsenedAnnual report
「Although the economic environment temporarily showed signs of recovery from early summer to early autumn 2020 as the effects eased, the subsequent resurgence of infections has left conditions difficult again.」
The company states that although there was a temporary recovery after the spread of COVID-19, the economic environment became difficult again due to the resurgence of infections. - FY2020MaterialisedAnnual report
「However, since the start of 2020, the economic environment deteriorated rapidly due to a series of effects associated with the outbreak and spread of COVID-19, including a decline in inbound demand and people refraining from going out following the declaration of a state of emergency.」
The company states that the decline in inbound demand, people refraining from going out and deterioration in the economic environment caused by COVID-19 have actually occurred, and that uncertainty about the outlook has continued. - FY2020-Q3MaterialisedAnnual report
「However, since the start of 2020, the spread of COVID-19 has gradually intensified, placing constraints on production and sales activities across a wide range of industries, depressing personal consumption as people refrained from going out and reducing inbound demand, with economic activity declining rapidly and the outlook becoming extremely uncertain.」
The company states that constraints on production and sales activities, stagnation in personal consumption and a decline in inbound demand resulting from the spread of COVID-19 have emerged as actual economic conditions, increasing uncertainty about the outlook. - FY2020-Q2RestatedAnnual report
「However, economic conditions remained uncertain due to trade issues, including the US-China trade friction, instability in financial markets and changes in consumer sentiment following the consumption tax rate increase implemented in October.」
The company is reconfirming the uncertainty surrounding economic conditions, including the US-China trade friction, financial market instability and changes in consumer sentiment following the consumption tax rate increase. - FY2019-Q1RestatedAnnual report
「Meanwhile, personal consumption remains sluggish and has recovered only slowly, leaving the outlook for the economy uncertain.」
The company is reconfirming its recognition of the slow recovery in personal consumption and the uncertain outlook for economic conditions as business-environment risks. - FY2018RestatedAnnual report
「Economic conditions remain uncertain due to uncertainty in the global economy arising from trade issues centered on the United States.」
The company is reconfirming the uncertain outlook for the global economy and economic conditions as a business-environment risk. - FY2017RestatedAnnual report
「The outlook remains uncertain due to concerns over an economic slowdown in emerging markets, the UK's EU withdrawal issue and policy developments under the new US administration.」
The company continues to identify the outlook for the global economy, personal consumption and market conditions as part of the business environment characterized by uncertainty. - FY2017-Q3First statedAnnual report
「Overseas, factors of concern for the global economy have increased, including the slowdown in the Chinese economy, the UK's withdrawal from the EU, the change of administration in the United States and issues surrounding the Korean Peninsula, and the outlook for the economy remains uncertain.」
The company cites the uncertain outlook for the global economy and economic conditions, against a backdrop of the slowdown in the Chinese economy, the UK's withdrawal from the EU and issues surrounding the Korean Peninsula, among other factors, as a risk factor.