Economic Slowdown in Emerging and Developing Economies
First written in FY2016-Q2. 16 of 27 entries say "Restated". Latest entry: 2026-10-05.
Nextage moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 141 of 158 companies on the "Worse" side.
34 other companies' latest entry also says "Reframed".
- 2026-10-05ReframedEarnings
「However, attention must be paid to the effects of the situation in the Middle East and natural disasters, as well as fluctuations in financial and capital markets.」
The description of external environmental risks was expanded to include the effects of natural disasters, alongside the situation in the Middle East and fluctuations in financial and capital markets. - FY2026-H1ReframedAnnual report
「However, attention must be paid to developments in the Middle East and volatility in financial and capital markets, among other factors.」
The description of external risks has been reorganized from the previous focus on downturns in overseas economies to developments in the Middle East and volatility in financial and capital markets. - FY2025-H1RestatedAnnual report
「However, a downturn in overseas economies poses a risk of putting downward pressure on the Japanese economy.」
The risk that a downturn in overseas economies could put downward pressure on the domestic economy remains cited, as in the previous period. - FY2024-Q2WorsenedAnnual report
「However, a downturn in overseas economies poses a risk of putting downward pressure on the Japanese economy.」
The disclosure explicitly identified the risk that a downturn in overseas economies could put downward pressure on the domestic economy as a matter requiring attention in the current economic environment. - FY2022-Q1WorsenedAnnual report
「However, the outlook remains uncertain due to shortages of components and raw materials, particularly semiconductors, disruptions to supply chains, and soaring resource prices caused by escalating tensions between Russia and Ukraine, among other factors.」
Regarding uncertainty in the global economy, the disclosure explicitly identified shortages of components and raw materials, supply chain disruptions, and soaring resource prices caused by the situation between Russia and Ukraine as new factors. - FY2021RestatedAnnual report
「However, attention must be paid to the impact of trends in COVID-19 in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The disclosure continues to call for attention to trends in infectious diseases, including overseas trends, and volatility in global financial and capital markets. - FY2021-Q3RestatedAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The disclosure continues to call for attention to trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets as overseas and external factors. - FY2021-Q2RestatedAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The disclosure continues to call for attention to trends in infectious diseases, including overseas trends, and volatility in global financial and capital markets. - FY2021-Q1RestatedAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The disclosure continues to call for attention to external factors, including volatility in global financial and capital markets. - FY2020RestatedAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The disclosure continues to call for attention to trends in infectious diseases, including overseas trends, and volatility in global financial and capital markets. - FY2020-Q3RestatedAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
The assessment that trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets require attention remains unchanged. - FY2020-Q2Added trends in infectious diseases and volatility in global financial and capital marketsAnnual report
「However, attention must be paid to the impact of trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets, among other factors.」
In addition to the previous uncertainty regarding overseas economies and policies, the disclosure explicitly identified trends in infectious diseases in Japan and overseas and volatility in global financial and capital markets as matters requiring attention. - FY2020-Q1RestatedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to rising tensions surrounding trade issues, the outlook for the Chinese economy, the future course of the UK's withdrawal from the EU, the impact of uncertainty regarding trends and policies in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure continues to combine expectations for a moderate global economic recovery with the need to monitor uncertainty in trade issues, the Chinese economy, the UK's withdrawal from the EU, overseas economies and policies, and financial and capital markets. - FY2019Added the future course of the UK's withdrawal from the EU as a source of uncertaintyAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to rising tensions surrounding trade issues, the outlook for the Chinese economy, the future course of the UK's withdrawal from the EU, the impact of uncertainty regarding trends and policies in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure explicitly identified tensions surrounding trade issues, the Chinese economy, overseas economies and policies, financial and capital markets, and the future course of the UK's withdrawal from the EU. - FY2019-Q3WorsenedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to rising tensions surrounding trade issues, the outlook for the Chinese economy, the impact of uncertainty regarding trends and policies in overseas economies, and the impact of volatility in financial and capital markets, among other factors.」
While indicating expectations for a global economic recovery, the wording changed from developments in trade issues to explicitly refer to rising tensions surrounding trade issues. In addition to the Chinese economy, trends and policies in overseas economies generally were identified as sources of uncertainty. - FY2019-Q1Trade issues explicitly identified as a source of uncertaintyAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to developments in trade issues, the outlook for the Chinese economy, the impact of policy-related uncertainty, and the impact of volatility in financial and capital markets, among other factors.」
In addition to expectations for a global economic recovery and the need to monitor the Chinese economy, policies, and financial and capital markets, the disclosure explicitly identified developments in trade issues as a source of uncertainty. - FY2018RestatedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to the impact of uncertainty regarding the economic outlook and policies of emerging Asian countries, including China, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure combines expectations for a moderate global recovery with the need to monitor economic and policy uncertainty in emerging Asian countries, including China, and volatility in financial and capital markets. - FY2018-Q3RestatedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to the impact of uncertainty regarding the economic outlook and policies of emerging Asian countries, including China, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure combines expectations for a moderate global recovery with the need to monitor economic and policy uncertainty in emerging Asian countries, including China, and volatility in financial and capital markets. - FY2018-Q2RestatedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to the impact of uncertainty regarding the economic outlook and policies of emerging Asian countries, including China, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure combines expectations for a moderate global recovery with the need to monitor economic and policy uncertainty in emerging Asian countries, including China, and volatility in financial and capital markets. - FY2018-Q1RestatedAnnual report
「A moderate global recovery is also expected to continue, but attention must be paid to the impact of uncertainty regarding the economic outlook and policies of emerging Asian countries, including China, and the impact of volatility in financial and capital markets, among other factors.」
The disclosure combines expectations for a moderate global recovery with the need to monitor economic and policy uncertainty in emerging Asian countries, including China, and volatility in financial and capital markets. - FY2017RestatedAnnual report
「A moderate global recovery is expected to continue, but the outlook remains uncertain regarding conditions in the Middle East and Asian countries, which include uncertain policy-related factors.」
The disclosure combines expectations for a moderate global recovery with uncertainty, including policy-related uncertainty, in the Middle East and Asian countries. - FY2017-Q3RestatedAnnual report
「The global economy is on a moderate recovery trend, although attention must be paid to the impact of the normalization of US monetary policy and the outlook for the economies of emerging Asian countries, including China.」
The disclosure combines the global economy's moderate recovery trend with the need to monitor the normalization of US monetary policy and the outlook for emerging Asian economies, including China. - FY2017-Q2RestatedAnnual report
「The global economy is on a moderate recovery trend, although attention must be paid to the impact of the normalization of US monetary policy and the outlook for the economies of emerging Asian countries, including China.」
The global economy is described as being on a moderate recovery trend, while attention is called for regarding the normalization of US monetary policy and the outlook for emerging Asian economies, including China. - FY2017-Q1RestatedAnnual report
「In overseas economies as well, although some weakness is evident, the overall trend is a moderate recovery, while attention must be paid to the impact of uncertainty surrounding the outlook for the economies and policies of emerging Asian countries, including China.」
The disclosure combines the overall moderate recovery trend in overseas economies with uncertainty regarding the outlook and policies of emerging Asian countries, including China. - FY2016SoftenedAnnual report
「Meanwhile, financial and capital markets have experienced significant volatility, partly due to the decline in Chinese equity markets and oil prices.」
The direct reference to an economic slowdown in emerging and developing economies changed to a reference to volatility in financial and capital markets against the backdrop of declines in Chinese equity markets and oil prices. - FY2016-Q3SoftenedAnnual report
「Meanwhile, in the global economy, although uncertainty about the outlook for the UK’s withdrawal from the EU and the economies of emerging Asian countries, including China, continues, the overall economy is on a moderate recovery trend.」
The wording changed from the previous reference to downturns in emerging and developing economies and concerns about an economic slowdown to a description of an uncertain outlook, while also noting the overall moderate recovery trend. - FY2016-Q2First statedAnnual report
「Meanwhile, in the global economy, downside risks in emerging and developing economies remain, and concerns about an economic slowdown continue.」
The downside risks facing emerging and developing economies and the continuing concern about an economic slowdown were described.