Downside Risks to Economic Activity from the UK's Withdrawal from the EU and Other Factors
First written in FY2017-Q1. 18 of 32 entries say "Restated". Latest entry: FY2026.
SAKURA internet moved to the "Worse" side of this theme in 2021, 2 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
66 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The outlook for the economy remained uncertain, as geopolitical risks became more apparent due to the impact of U.S. trade and tariff policies, the protracted situation in Ukraine, and the outbreak of new developments involving Iran, while the downside risk to consumer sentiment from rising prices increased.」
In addition to the existing risks related to overseas economies, financial markets, and rising prices, factors including U.S. trade and tariff policies, the protracted situation in Ukraine, and developments involving Iran were explicitly noted. - 2026-04-27WorsenedRevision of earnings forecasts
「The outlook for the economy remains uncertain, with the impact of U.S. trade and tariff policies, the prolonged situation in Ukraine, the emergence of new geopolitical risks associated with developments in Iran, and growing downside risks to consumer sentiment due to rising prices.」
U.S. trade and tariff policies, the prolonged situation in Ukraine, developments in Iran, and weaker consumer sentiment were specifically identified as factors requiring attention in the business environment. - FY2026-H1WorsenedAnnual report
「The downside risk to the economy from the impact of U.S. trade policy has increased. In addition, the impact of continued price increases on private consumption, including through weaker consumer sentiment, also posed a risk of putting downward pressure on Japan's economy. The situation continued to require attention to the impact of fluctuations in financial and capital markets.」
It is stated that the downside risk to the economy from U.S. trade policy has increased, while continued attention is being paid to rising prices and fluctuations in financial and capital markets. - FY2025WorsenedAnnual report
「The impact of continued price increases on private consumption, including through weaker consumer sentiment, and the impact of policy developments in the United States, including trade policy, posed risks of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of fluctuations in financial and capital markets.」
In addition to the existing factors of overseas economies, monetary tightening, and rising prices, policy developments such as U.S. trade policy were explicitly identified as downside factors for the domestic economy. - FY2025-H1WorsenedAnnual report
「During the interim consolidated accounting period under review, Japan's economy was expected to continue its gradual recovery as employment and income conditions improved, supported in part by the effects of various policies. However, the downturn in overseas economies, including the impact of continued high interest rates in Europe and the United States and the continued stagnation of China's property market, posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of rising prices, developments in the Middle East, and fluctuations in financial and capital markets.」
In addition to the existing factors of overseas economies, rising prices, developments in the Middle East, and fluctuations in financial and capital markets, the continued high interest rates in Europe and the United States and stagnation in China's property market were explicitly noted. - FY2024-Q3WorsenedAnnual report
「The downturn in overseas economies, including the impact of global monetary tightening and concerns about the outlook for China's economy, posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of rising prices, developments in the Middle East, and fluctuations in financial and capital markets.」
In addition to the existing factors of global monetary tightening, overseas economies, rising prices, and fluctuations in financial and capital markets, developments in the Middle East were explicitly identified as a factor requiring attention in the business environment. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy was expected to continue its gradual recovery as employment and income conditions improved, supported in part by the effects of various policies. However, the downturn in overseas economies, including the impact of global monetary tightening and concerns about the outlook for China's economy, posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of rising prices and fluctuations in financial and capital markets.」
In addition to the existing factors of global monetary tightening, overseas economies, rising prices, and fluctuations in financial and capital markets, concerns about the outlook for China's economy were explicitly identified as a downside factor for overseas economies. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy was expected to continue its gradual recovery, supported in part by the effects of various policies. However, amid continued global monetary tightening and other factors, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of rising prices and fluctuations in financial and capital markets.」
Downside risks from global monetary tightening, a downturn in overseas economies, rising prices, and fluctuations in financial and capital markets continue to be noted. - FY2023RestatedAnnual report
「Amid continued global monetary tightening and other factors, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to the impact of rising prices, supply-side constraints, and fluctuations in financial and capital markets.」
Downside risks from global monetary tightening, overseas economies, rising prices, supply constraints, and fluctuations in financial and capital markets continued. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan's economy was expected to recover, supported in part by the effects of various policies, amid the transition to living with COVID-19. However, amid continued global monetary tightening and other factors, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to downside risks from rising prices, supply-side constraints, and fluctuations in financial and capital markets.」
Downside risks from global monetary tightening, a downturn in overseas economies, rising prices, supply constraints, and fluctuations in financial and capital markets continue to be noted. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy was expected to recover as it moved toward a new phase of living with COVID-19, supported in part by the effects of various policies. However, amid continued global monetary tightening and other factors, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. The situation also continued to require close attention to downside risks from rising prices, supply-side constraints, and fluctuations in financial and capital markets.」
While the economic impact of infectious diseases continued, global monetary tightening, a downturn in overseas economies, rising prices, supply constraints, and fluctuations in financial and capital markets were explicitly identified as new downside factors. - FY2022WorsenedAnnual report
「Amid uncertainty related to the situation in Ukraine and other factors, the situation continued to require close attention to downside risks from rising raw material prices and supply-side constraints, the impact of infectious diseases, including variants, on domestic and overseas economies, and fluctuations in financial and capital markets.」
In addition to COVID-19, the situation in Ukraine, supply constraints, raw material prices, variants, and fluctuations in financial and capital markets were identified as downside factors in the full-year operating environment. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter under review, Japan's economy was gradually emerging from the difficult conditions caused by COVID-19. However, the situation continued to require close attention to downside risks from supply-side constraints and raw material price trends, the impact of infectious diseases, including variants, on domestic and overseas economies, and fluctuations in financial and capital markets.」
While the difficult conditions caused by infectious diseases were gradually easing, downside risks related to supply-side constraints, raw material prices, infectious diseases including variants, and fluctuations in financial and capital markets were explicitly noted. - FY2022-Q2WorsenedAnnual report
「During the cumulative second quarter under review, Japan's economy remained in a difficult situation due to the impact of COVID-19. The situation continued to require close attention to domestic and overseas infection trends and the increasing downside risk from impacts transmitted through supply chains.」
In addition to the existing risks from infectious diseases and economic fluctuations, the increasing downside risk from impacts transmitted through supply chains was explicitly noted. The disclosure does not state that the risk had actually materialized. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan’s economy remained in a severe condition because of the impact of the coronavirus disease, and it remains necessary to pay close attention to the impact of infection trends on the domestic and overseas economies.」
The difficult economic conditions caused by COVID-19 and the need to monitor infection trends continue to be noted. It is explicitly stated that there have been no material changes in business and other risks. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan’s economy remained in a severe condition because of the impact of the coronavirus disease, and continued close monitoring is required regarding future developments in infectious diseases in Japan and overseas and economic fluctuations.」
The severe economic conditions caused by the coronavirus disease and the continued need to monitor developments in infectious diseases and economic fluctuations in Japan and overseas remain described. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter under review, Japan’s economy remained in an extremely severe condition because of the impact of the coronavirus disease, and continued close monitoring is required regarding future economic fluctuations in Japan and overseas.」
In addition to the previously identified risks from overseas economic conditions, trade issues and natural disasters, the company explicitly described the extremely severe condition of Japan’s economy resulting from the coronavirus disease. It explained, however, that there had been no significant impact on its business activities or material impact on accounting estimates and other matters. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, attention is required regarding the impact that developments in trade issues may have on the global economy, and the outlook remains uncertain because downside risks from overseas economic conditions and natural disasters continue to exist.」
Downside risks from trade issues, overseas economic conditions and natural disasters, together with the resulting uncertainty, continue to be identified. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, attention is required regarding the impact that developments in trade issues may have on the global economy, and the outlook remains uncertain because downside risks from overseas economic conditions and natural disasters continue to exist.」
Downside risks from trade issues, overseas economic conditions and natural disasters, together with the resulting uncertainty, continue to be identified. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, attention is required regarding the impact that developments in trade issues may have on the global economy, and the outlook remains uncertain because downside risks from overseas economic conditions and natural disasters continue to exist.」
Downside risks from trade issues, overseas economic conditions and natural disasters, together with the resulting uncertainty, continue to be identified. - FY2019RestatedAnnual report
「Attention is required regarding the impact that developments in trade issues may have on the global economy, and the outlook remains uncertain because downside risks from overseas economic conditions and natural disasters continue to exist.」
Downside risks from trade issues, overseas economic conditions and natural disasters, together with the resulting uncertainty, continue to be identified as part of the business environment for the full fiscal year. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, attention is required regarding the impact that developments in trade issues may have on the global economy, and the outlook remains uncertain because downside risks from overseas economic conditions and natural disasters continue to exist.」
Downside risks from trade issues, overseas economic conditions and natural disasters, together with the resulting uncertainty, continued to be identified as in the previous quarter. - FY2019-Q2WorsenedAnnual report
「In the data center market in which our group operates, stable growth continues, primarily in VPS and cloud services.」
In addition to the previously identified risks from downturns in overseas economies, the company explicitly identified the impact of trade issues on the global economy and downside risks from natural disasters as factors affecting the business environment. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, the outlook remains uncertain because downside risks to overseas economic conditions continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions continues to be identified as part of the business environment for the quarter under review. - FY2018RestatedAnnual report
「During the consolidated fiscal year under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, the outlook remains uncertain because downside risks to overseas economic conditions continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions continues to be identified as part of the business environment for the full fiscal year. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, the outlook remains uncertain because downside risks to overseas economic conditions continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions continues to be identified as part of the business environment. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, the outlook remains uncertain because downside risks to overseas economic conditions continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions continues to be identified as part of the business environment. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan’s economy continued to recover moderately, supported in part by the effects of various government policies. However, the outlook remains uncertain because downside risks to overseas economic conditions continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions continues to be identified as part of the business environment. - FY2017RestatedAnnual report
「The outlook remains uncertain because downside risks to overseas economic conditions, particularly in China, continue to exist.」
Uncertainty caused by downside risks to overseas economic conditions, particularly in China, continues to be identified as part of the business environment. - FY2017-Q3RestatedAnnual report
「In the data center market in which the company group operates, price competition for colocation services remains severe, but stable growth continues, centered on VPS and cloud services.」
Uncertainty caused by the UK’s withdrawal from the EU and economic downturns in China, emerging Asian countries and resource-producing countries, together with continued price competition in colocation services, remains. The company expressly stated that there had been no material changes in business and other risks. - FY2017-Q2RestatedAnnual report
「In the data center market in which the company group operates, price competition for colocation services remains severe, but stable growth continues, centered on VPS and cloud services.」
As in the previous quarter, the company identified the UK’s withdrawal from the EU and downside risks to economic conditions in China, emerging Asian countries and resource-producing countries as factors contributing to an uncertain outlook. It stated that there had been no material changes in business and other risks. - FY2017-Q1First statedAnnual report
「The outlook remains uncertain because downside risks to economic conditions persist, including the UK’s withdrawal from the EU and economic downturns in emerging Asian countries, led by China, and resource-producing countries.」
For the first time, the company explicitly identified the UK’s withdrawal from the EU and economic downturns in China, emerging Asian countries and resource-producing countries as factors contributing to an uncertain outlook for the business environment.