Sharp changes in economic conditions, land prices, real estate market conditions, the food-service market, and financial trends
First written in FY2018. 7 of 19 entries say "Worsened", first in FY2022. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026WorsenedAnnual report
「The outlook remains uncertain amid concerns over the impact of US policy developments and the situation in the Middle East, as well as risks related to rising prices and fluctuations in the financial and capital markets.」
The impact of the situation in the Middle East was explicitly identified as a business-environment risk, in addition to US policy developments, rising prices, and fluctuations in the financial and capital markets. - 2026-05-23WorsenedGeneral Meetings of Shareholders
「The outlook remains uncertain amid concerns over the impact of US policy developments and the situation in the Middle East, as well as risks related to rising prices and fluctuations in the financial and capital markets.」
従来の米国の政策動向等に加えて、中東情勢の影響が懸念として明示された。 - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, Japan's economy showed signs of improvement in employment conditions and recovery in personal consumption, partly due to the effects of various policies, while corporate earnings tended to stagnate due to the impact of US tariff policies. The outlook remains uncertain amid concerns over the impact of US policy developments and risks related to rising prices and fluctuations in the financial and capital markets.」
US tariff policies have manifested in the actual economy as stagnation in corporate earnings, while US policy developments, rising prices, and fluctuations in the financial and capital markets were identified as forward-looking risks. - FY2025WorsenedAnnual report
「The outlook remains uncertain amid concerns over the impact of US policy developments and China's economic outlook, as well as risks including a downturn in overseas economies, rising prices, fluctuations in the financial and capital markets, and geopolitical risks.」
The impact of US policy developments was newly identified as a business-environment risk, alongside overseas economic conditions, the Chinese economy, prices, financial markets, and geopolitical risks. - FY2024-Q3Geopolitical risk addedAnnual report
「The outlook remains uncertain amid the impact of monetary tightening in major economies and concerns about China's economic outlook, as well as risks including a downturn in overseas economies, rising prices, volatility in financial and capital markets and geopolitical risks.」
Geopolitical risks were explicitly identified in addition to overseas economic conditions, prices, and financial markets as business-environment risks. - FY2024-Q2ReframedAnnual report
「The outlook remains uncertain amid continued monetary tightening in major economies and concerns about China's economic outlook, as well as risks including a downturn in overseas economies, rising prices and volatility in financial and capital markets.」
The description of business-environment risks changed to focus on overseas economies, rising prices, and fluctuations in financial markets, with concerns over China's economic outlook added. - FY2024-Q1Shift in focus from post-pandemic economic normalization to market risksAnnual report
「The outlook remains uncertain amid continued monetary tightening in major countries and risks including a downturn in overseas economies, fluctuations in the financial and capital markets, and rising prices.」
References to infectious disease outbreaks and restrictions on economic activity in China have shifted to a focus on business-environment risks centered on monetary tightening in major countries, overseas economies, financial markets, and rising prices. - FY2023RestatedAnnual report
「The situation remains uncertain due to risks including a downturn in overseas economies, fluctuations in the financial and capital markets, rising prices, and supply-side constraints.」
In addition to fluctuations in economic and financial market conditions, a downturn in overseas economies, rising prices, and supply constraints continue to be recognized as business-environment risks. - FY2023-Q3WorsenedAnnual report
「The outlook remains uncertain amid continued monetary tightening in major economies and risks including volatility in financial and capital markets, rising prices, supply-side constraints and the impact of China's COVID-19 outbreak.」
The impact of China's COVID-19 outbreak was explicitly identified in addition to the previously cited financial market, price, and supply constraints as a source of uncertainty in the business environment. - FY2023-Q2ReframedAnnual report
「The outlook remains uncertain amid continued monetary tightening in major economies and risks including volatility in financial and capital markets, rising prices and supply-side constraints.」
Monetary tightening, fluctuations in the financial and capital markets, rising prices, and supply-side constraints were explicitly identified as business-environment risks. - FY2023-Q1WorsenedAnnual report
「The outlook remains uncertain amid concerns about the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, as well as risks including soaring raw material costs, supply-side constraints and developments in financial and capital markets.」
The prolonged situation in Ukraine, restrictions on economic activity in China, rising raw material costs, supply constraints, and financial market trends were listed as sources of uncertainty in the business environment related to economic conditions, real estate, and the food-service market. - FY2022WorsenedAnnual report
「The outlook remains uncertain amid risks including the rapid spread of highly transmissible variants, soaring raw material costs and developments in financial and capital markets, as well as the intensifying situation in Ukraine from February onward.」
Rising raw material costs and escalating tensions over the situation in Ukraine were added to the uncertainties in economic and financial markets. - FY2021RestatedAnnual report
「Accordingly, sharp fluctuations in economic conditions, land prices, the real estate market, trends in the food-service market, financial trends, and other factors affecting the food-service and real estate industries may affect the Company's business results and financial condition.」
The risk that sharp changes in economic conditions, land prices, the real estate market, the food-service market, and financial trends may affect business results and financial condition continues to be disclosed. - FY2021-Q3Infectious disease trends explicitly identified as a new source of uncertaintyAnnual report
「The outlook remains uncertain amid risks related to infectious disease developments in Japan and overseas and volatility in financial and capital markets, as Japan experienced a so-called third wave from November onward, the global spread of the disease continued overseas, and the presence of highly transmissible variants was confirmed.」
In addition to uncertainty in economic and financial markets, infectious disease trends in Japan and overseas, the third wave, and the presence of variants were explicitly identified as forward-looking risks. - FY2020-Q3Concern about consumer sentiment following the consumption tax rate increase addedAnnual report
「The outlook remains uncertain, and developments in consumer sentiment following the consumption tax rate increase, in addition to developments in trade issues and the impact of volatility in financial and capital markets, require close monitoring.」
In addition to uncertainty over economic and financial market conditions, consumer sentiment following the consumption tax rate increase was identified as a concern. - FY2020-Q2RestatedAnnual report
「The outlook remains uncertain amid concerns about the global economy, including developments in trade issues and volatility in financial and capital markets.」
Uncertainty over economic and financial trends, including trade issues and fluctuations in the financial and capital markets, continues to be identified as a concern for the business environment. - FY2019RestatedAnnual report
「Accordingly, sharp fluctuations in economic conditions, land prices, the real estate market, trends in the food-service market, financial trends, and other factors affecting the food-service and real estate industries may affect the Company's business results and financial condition.」
The risk that sharp changes in economic conditions, land prices, the real estate market, the food-service market, and financial trends may affect business results and financial condition continues to be identified. - FY2019-Q3RestatedAnnual report
「The outlook remains uncertain amid concerns about the impact of trade issues on the global economy and the impact of volatility in financial and capital markets.」
Trade issues and fluctuations in the financial and capital markets continue to be identified as sources of uncertainty in the global economy and the business environment. - FY2018First statedAnnual report
「Sharp fluctuations in economic conditions, land prices, the real estate market, trends in the food-service market, financial trends, and other factors affecting the food-service and real estate industries may affect the Company's business results and financial condition.」
Sharp changes in multiple market and financial factors related to the food-service and real estate industries are identified as risks that may affect business results and financial condition.