Downside Risk to Overseas Economic Conditions
First written in FY2016-Q3. 14 of 29 entries say "Restated". Latest entry: FY2026-H1.
Jorudan 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 2022: 129 of 170 companies on the "Worse" side.
26 other companies' latest entry also says "Reframed".
- FY2026-H1ReframedAnnual report
「However, conditions now require close monitoring of the impact of developments in the Middle East.」
In addition to the previous references to rising prices and US policy developments, it identifies the impact of developments in the Middle East as an external factor requiring close monitoring during the current interim period. - FY2025ReframedAnnual report
「However, the continued rise in prices and the impact of US policy developments and other factors pose risks of putting downward pressure on Japan's economy.」
In place of the previous references to global monetary tightening and concerns about the outlook for the Chinese economy, it explicitly identifies continued price increases and US policy developments as factors putting downward pressure on the domestic economy. - FY2025-H1ReframedAnnual report
「However, the continued rise in prices and the impact of US policy developments and other factors pose risks of putting downward pressure on Japan's economy.」
In place of the previous references to global monetary tightening and concerns about the outlook for the Chinese economy, it explicitly identifies continued price increases and US trade and policy developments as downside risks to the domestic economy. - FY2024-Q2RestatedAnnual report
「However, a downturn in overseas economies, including the effects of global monetary tightening and concerns about the outlook for the Chinese economy, poses a risk of putting downward pressure on Japan's economy.」
It continues to cite the downside risk to overseas economies stemming from global monetary tightening and concerns about the outlook for the Chinese economy. - FY2023ReframedAnnual report
「However, a downturn in overseas economies, including the effects of global monetary tightening and concerns about the outlook for the Chinese economy, poses a risk of putting downward pressure on Japan's economy.」
It adds concerns about the outlook for the Chinese economy to the downside risk to overseas economies stemming from global monetary tightening. - FY2023-Q1RestatedAnnual report
「However, as global monetary tightening and other factors continue, a downturn in overseas economies poses a risk of putting downward pressure on Japan's economy.」
The downside risk to overseas economies stemming from global monetary tightening continues to be cited as a factor putting downward pressure on the domestic economy. - FY2022WorsenedAnnual report
「During the current consolidated fiscal year (1 October 2021 to 30 September 2022), the severe conditions caused by COVID-19 eased, and Japan's economy gradually recovered. At the same time, a risk emerged that a downturn in overseas economies, against a backdrop of global monetary tightening and other factors, could put downward pressure on Japan's economy.」
In addition to the impact of the infectious disease on the economy, it newly specifies the downside risk to overseas economies arising from global monetary tightening. - FY2022-Q3RestatedAnnual report
「During the nine months ended 30 June 2022 (1 October 2021 to 30 June 2022), the severe conditions caused by COVID-19 eased in Japan and signs of a recovery had emerged. At the same time, the situation also required attention to downside risks from rising raw-material prices, fluctuations in financial and capital markets, and other factors.」
It continues to cite the easing and recovery of the severe economic conditions caused by the infectious disease, as well as downside risks from rising raw-material prices and volatility in financial and capital markets. - FY2022-Q2WorsenedAnnual report
「During the six months ended 31 March 2022 (1 October 2021 to 31 March 2022), the severe conditions caused by COVID-19 were easing in Japan, and signs of a recovery had emerged. At the same time, amid uncertainty related to the situation in Ukraine, the situation also required attention to downside risks from rising raw-material prices, fluctuations in financial and capital markets, and other factors.」
In addition to the previous concerns about infectious disease and financial and capital markets, the filing specifically describes the situation in Ukraine, rising raw-material prices and downside risks from fluctuations in financial and capital markets. The description of risk factors has expanded. - FY2022-Q1ReframedAnnual report
「During the three months ended 31 December 2021 (1 October 2021 to 31 December 2021), the severe conditions caused by COVID-19 were gradually easing in Japan, and signs of a recovery had emerged. At the same time, the situation also required attention to the impact of infectious disease, including variants, on domestic and overseas economies and to fluctuations in financial and capital markets.」
While indicating an easing of the severe conditions caused by infectious disease and signs of a recovery, the filing identifies the impact of infectious disease, including variants, on domestic and overseas economies and fluctuations in financial and capital markets as factors requiring attention. - FY2021ReframedAnnual report
「Although the economy remained in a severe situation owing to the impact of COVID-19, signs of a recovery continued. At the same time, the situation also required close monitoring of the impact transmitted through supply chains, trends in infectious disease in Japan and overseas, fluctuations in financial and capital markets, and other factors.」
In addition to the severe economic conditions and signs of recovery resulting from infectious disease, the filing identifies supply chains, domestic and overseas infection trends, and fluctuations in financial and capital markets as factors requiring close monitoring. - FY2021-Q3Attention to the impact of infection trends on domestic and overseas economiesAnnual report
「During the nine months ended 30 June 2021 (1 October 2020 to 30 June 2021), Japan's economy remained in a severe situation owing to the impact of COVID-19, although signs of a recovery had emerged. At the same time, the situation also required attention to the impact of infection trends on domestic and overseas economies.」
While noting signs of an economic recovery, the filing describes the previously noted downside risk from the spread of infectious disease as the need to monitor the impact of infection trends on domestic and overseas economies. - FY2021-Q2Recovery alongside downside risks from the spread of infectious diseaseAnnual report
「During the six months ended 31 March 2021 (1 October 2020 to 31 March 2021), Japan's economy remained in a severe situation owing to the impact of COVID-19, although signs of a recovery had emerged. At the same time, the situation also required attention to the risk that the spread of infectious disease could cause a downturn in the economy.」
While signs of an economic recovery had emerged, the filing explicitly draws attention to the risk of a downturn caused by the spread of infectious disease. - FY2020-Q3RestatedAnnual report
「During the nine months ended 30 June 2020 (1 October 2019 to 30 June 2020), Japan's economy continued to recover moderately, although weakness was intensifying in some areas. However, the economy rapidly deteriorated owing to the impact of COVID-19, and the severe situation has continued.」
The filing reconfirms the rapid deterioration in the economy caused by COVID-19 and the continuation of the severe situation. - FY2020-Q2MaterialisedAnnual report
「During the six months ended 31 March 2020 (1 October 2019 to 31 March 2020), Japan's economy continued to recover moderately, although weakness was intensifying in some areas. However, the economy rapidly deteriorated owing to the impact of COVID-19, creating a severe situation.」
The wording has changed from an assessment of “uncertainty in overseas economies and other factors” to a statement that a rapid deterioration in the economy had actually occurred due to the impact of COVID-19. - FY2020-Q1ReframedAnnual report
「During the three months ended 31 December 2019 (1 October 2019 to 31 December 2019), Japan's economy continued to recover moderately, although weakness had intensified in some areas. At the same time, the situation continued to require attention to uncertainty in overseas economies, including developments in trade issues and the outlook for the Chinese economy, and other factors.」
In addition to the previously noted uncertainty in overseas economies, including trade issues, the filing specifically describes the outlook for the Chinese economy and weakness in some areas of the economy. - FY2019RestatedAnnual report
「The situation continued to require attention to uncertainty in overseas economies, including developments in trade issues, and other factors.」
The filing continues to draw attention to uncertainty in overseas economies, including trade issues. - FY2019-Q3RestatedAnnual report
「During the nine months ended 30 June 2019 (1 October 2018 to 30 June 2019), Japan's economy continued to recover moderately, despite lingering weakness in some areas. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies, including developments in trade issues, and other factors.」
The filing continues to draw attention to some weakness in the economy and uncertainty in overseas economies, including trade issues. - FY2019-Q2RestatedAnnual report
「During the six months ended 31 March 2019 (1 October 2018 to 31 March 2019), Japan's economy continued to recover moderately, despite some weakness. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies, including developments in trade issues, and other factors.」
The filing continues to draw attention to some weakness in the economy and uncertainty in overseas economies, including trade issues. - FY2019-Q1RestatedAnnual report
「During the three months ended 31 December 2018 (1 October 2018 to 31 December 2018), Japan's economy continued to recover moderately. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies, including developments in trade issues, and other factors.」
The filing continues to draw attention to uncertainty in overseas economies and developments in trade issues. - FY2018RestatedAnnual report
「During the fiscal year ended 30 September 2018 (1 October 2017 to 30 September 2018), Japan's economy continued to recover moderately. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies, including developments in trade issues, and other factors.」
The annual report also identifies external risks, including uncertainty in overseas economies and developments in trade issues. - FY2018-Q3ReframedAnnual report
「During the nine months ended 30 June 2018 (1 October 2017 to 30 June 2018), Japan's economy continued to recover moderately. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies, including developments in trade issues, and other factors.」
In addition to the previously noted uncertainty in overseas economies, the filing specifically identifies developments in trade issues as a concern. - FY2018-Q2RestatedAnnual report
「During the six months ended 31 March 2018 (1 October 2017 to 31 March 2018), Japan's economy continued to recover moderately, while the situation had developed to the point where attention had to be paid to uncertainty in overseas economies and other factors.」
The filing continues to draw attention to uncertainty in overseas economies. - FY2018-Q1RestatedAnnual report
「During the three months ended 31 December 2017 (1 October 2017 to 31 December 2017), Japan's economy continued to recover moderately, while the situation had developed to the point where attention had to be paid to uncertainty in overseas economies and other factors.」
The filing continues to draw attention to uncertainty in overseas economies. - FY2017-Q3RestatedAnnual report
「During the nine months ended 30 June 2017 (1 October 2016 to 30 June 2017), Japan's economy continued to recover moderately, while the situation had developed to the point where attention had to be paid to uncertainty in overseas economies and other factors.」
The filing continues to draw attention to uncertainty in overseas economies, as it did in the previous quarter. - FY2017-Q2RestatedAnnual report
「During the six months ended 31 March 2017 (1 October 2016 to 31 March 2017), Japan's economy continued to recover moderately, despite delays in improvement in some areas. At the same time, the situation had developed to the point where attention had to be paid to uncertainty in overseas economies and other factors.」
The filing continues to draw attention to uncertainty in overseas economies, as it did in the previous quarter. - FY2017-Q1ReframedAnnual report
「Although the economy continued to recover moderately, despite delays in improvement in some areas, the situation has developed to the point where attention must be paid to uncertainty in overseas economies and other factors.」
The wording has changed from “risks including a downturn in overseas economies” to “uncertainty in overseas economies and other factors.” - FY2016RestatedAnnual report
「The situation has developed to the point where attention must be paid to risks including a downturn in overseas economies.」
The filing reiterates the risk of a downturn in overseas economies as part of its assessment of the economic environment for the fiscal year. - FY2016-Q3First statedAnnual report
「The situation has developed to the point where attention must be paid to risks including a downturn in overseas economies.」
The filing identifies a downturn in overseas economies as an external risk requiring attention as of the quarter-end.