Impact of Overseas Political and Economic Volatility on Market Economies
First written in FY2017-Q1. 18 of 33 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-07-29.
ODK Solutions Company moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 104 of 134 companies on the "Worse" side.
66 other companies' latest entry also says "Restated".
- 2026-07-29RestatedEarnings
「The situation in the Middle East has not reached an end to hostilities even after the ceasefire agreement, and its impact continues to require close monitoring. In financial and capital markets, movements in interest rates and foreign-exchange rates and volatility in equity markets continue, and their effects also require attention.」
The situation in the Middle East and volatility in interest rates, foreign-exchange rates, and equity markets continue to be identified as external-environment risks. - FY2026WorsenedAnnual report
「However, there are concerns that developments in the Middle East could pose a serious risk of a slowdown in the global economy, particularly in Asian countries, and the situation requires continued close monitoring with caution.」
In addition to the previously cited overseas economy and trade policy, developments in the Middle East have been explicitly identified as a risk of a slowdown in the global economy, including Asian countries. - FY2026-H1WorsenedAnnual report
「Meanwhile, a decline in consumer sentiment resulting from prices rising faster than real wages and changes in U.S. trade policy are being viewed as risks of a downturn in the economy.」
In addition to overseas conditions and rising prices, the disclosure specifies declining consumer sentiment caused by rising prices and changes in U.S. trade policy as downside risks to the economy. - FY2025WorsenedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed improvement in employment and income conditions, but concerns about an economic downturn have emerged amid continued price increases and uncertainty resulting from the effects of U.S. tariff measures.」
In addition to the previously cited uncertainty in overseas conditions and financial markets, the disclosure specifically describes uncertainty caused by U.S. tariff measures and concerns about a downturn in the economy. - FY2025-H1WorsenedAnnual report
「Meanwhile, uncertainty about the outlook for the Chinese economy and instability in the overseas environment resulting from developments in the Middle East mean that the outlook remains uncertain.」
Regarding overseas environmental risks, the disclosure specifically cites concerns about the outlook for the Chinese economy and instability resulting from developments in the Middle East, continuing and elaborating on the view that the outlook remains uncertain. - FY2024-Q3WorsenedAnnual report
「Meanwhile, uncertainty remains due to the prolonged Russia-Ukraine situation, developments in the Middle East, the effects of global monetary tightening and concerns about the outlook for the Chinese economy.」
In addition to the previously cited situation in Ukraine, yen depreciation and rising prices, the disclosure identifies developments in the Middle East, global monetary tightening and concerns about the outlook for the Chinese economy as specific external environmental factors. - FY2024-Q2WorsenedAnnual report
「However, rising prices associated with yen depreciation have continued, and attention is required regarding the effects of overseas monetary policy and conflicts.」
In addition to the previously cited need to monitor rising prices and foreign exchange fluctuations, the disclosure identifies overseas monetary policy and the effects of conflicts as specific external environmental factors. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, Japan's economy continued to recover moderately as the lifting of restrictions on activities related to COVID-19 and the recovery in inbound demand took effect, although attention is required regarding the effects of rising prices and fluctuations in foreign exchange rates.」
While describing the economic recovery, the disclosure continues to call attention to the external environment, including rising prices and fluctuations in foreign exchange rates. - FY2023-Q3WorsenedAnnual report
「Meanwhile, in addition to supply-chain disruptions caused by lockdowns in China and shortages of raw materials, the depreciation of the yen against the backdrop of global interest-rate adjustments and the impact of rising prices on households and companies mean that the outlook remains uncertain.」
In addition to the previously cited supply shortages, yen depreciation and rising prices, the disclosure identifies supply-chain disruptions caused by lockdowns in China as a specific external environmental factor and continues to specify the view that the outlook remains uncertain. - FY2023-Q2WorsenedAnnual report
「However, in addition to the prolonged situation in Ukraine and shortages of raw materials, the depreciation of the yen against the backdrop of global interest-rate adjustments and the impact of rising prices on households and companies have had a significant impact on economic activity.」
In addition to the previously cited situation in Ukraine and supply shortages, the disclosure identifies yen depreciation driven by global interest-rate adjustments, rising prices and the impact on households and companies as specific external environmental factors. - FY2023-Q1WorsenedAnnual report
「However, rising pressure on prices, driven by semiconductor and component shortages, sharp movements in foreign exchange rates toward a weaker yen, and higher energy prices following Russia's invasion of Ukraine, has had a significant impact on economic activity.」
In addition to the previously cited infectious diseases, supply shortages and the situation in Ukraine, the disclosure identifies sharp yen depreciation, higher energy prices and rising price pressures as specific external environmental factors. - FY2022WorsenedAnnual report
「Japan's economy during the consolidated fiscal year moved toward a gradual recovery after COVID-19 infections passed the peak of the sixth wave. However, uncertainty over the outlook has increased due in part to the inability to foresee the resolution of semiconductor and component shortages and high raw material prices, as well as the effects of Russia's military invasion of Ukraine.」
In addition to semiconductor and component shortages and higher raw material prices, the company identifies Russia's military invasion of Ukraine as a new external-environment factor and states that uncertainty over the outlook has increased. - FY2022-Q3WorsenedAnnual report
「Japan's economy during the cumulative third-quarter period moved toward a gradual recovery as the COVID-19 situation improved significantly. However, concern remains over the effects of the spread of new variants, higher raw material prices due to rising crude oil prices, and shortages of semiconductors and components.」
While describing the economic recovery trend, the company adds specific external-environment risks involving new variants, higher raw material prices due to rising crude oil prices, and shortages of semiconductors and components. - FY2021MaterialisedAnnual report
「Japan's economy during the consolidated fiscal year showed signs of a temporary recovery due to measures addressing COVID-19 and other factors, but infections have resurged and the outlook remains uncertain.」
The resurgence of COVID-19 infections and uncertainty over the economic outlook continue, also affecting business performance through factors such as a decline in operational services in the clinical business. - FY2021-Q3MaterialisedAnnual report
「During the cumulative third-quarter period, revenue was ¥1,846.148 million, down 0.4% year on year, despite deeper transactions with existing customers in the education business and server replacement development projects in the securities business, due mainly to a decline in operational services related to the clinical business caused by the spread of COVID-19.」
The decline in operational services in the clinical business caused by the spread of COVID-19 continued to be cited as a factor behind the decrease in revenue. - FY2021-Q2MaterialisedAnnual report
「Japan's economy during the cumulative second-quarter period remained difficult overall, as the spread of COVID-19 caused corporate performance to deteriorate, although general consumption showed signs of recovery.」
The company continues to report deterioration in corporate performance caused by the spread of COVID-19 and the overall difficulty of economic activity. - FY2021-Q1MaterialisedAnnual report
「Japan's economy during the cumulative first-quarter period was in an extremely difficult situation, as the spread of COVID-19 severely restricted household and corporate activity and significantly reduced the level of economic activity.」
The company states that restrictions on household and corporate activity and the decline in economic activity caused by the spread of COVID-19 have materialized as external-environment risks. - FY2020WorsenedAnnual report
「Japan's economy during the consolidated fiscal year has been severely affected by declining consumer activity and turmoil in financial markets caused by the spread of COVID-19, and the situation remains unresolved.」
In addition to the previous uncertainty surrounding overseas economies and financial markets, the company identifies declining consumer activity and turmoil in financial markets caused by the spread of COVID-19, emphasizing the severity of external-environment risks. - FY2020-Q3RestatedAnnual report
「Japan's economy during the cumulative third-quarter period continued to recover gradually, supported by the effects of various policies as employment and income conditions continued to improve. However, the outlook remains uncertain due in part to overseas economic developments, volatility in financial and capital markets, and economic developments following the consumption tax increase.」
The company continues to view the outlook as uncertain due to overseas economic developments, financial and capital markets, and economic developments following the consumption tax increase. - FY2020-Q2WorsenedAnnual report
「Japan's economy during the cumulative second-quarter period continued to recover gradually, supported by the effects of various policies as employment and income conditions continued to improve. However, the outlook remains uncertain due in part to overseas economic developments, volatility in financial and capital markets, and economic developments following the consumption tax increase.」
The company newly identifies economic developments following the consumption tax increase, in addition to overseas economic developments and volatility in financial and capital markets, and states that the outlook remains uncertain. - FY2020-Q1RestatedAnnual report
「Japan's economy during the cumulative first-quarter period continued on a gradual recovery trend, with improvements in employment and income conditions against the backdrop of various government policies. However, the outlook remains uncertain due in part to rising uncertainty in overseas economies, including the US-China trade dispute.」
The company continues to highlight uncertainty in overseas economies, including the US-China trade dispute, and maintains its view that the outlook remains uncertain. - FY2019WorsenedAnnual report
「Japan's economy during the consolidated fiscal year continued on a gradual recovery trend, with improvements in employment and income conditions against the backdrop of various government policies, although some weakness remained. However, the outlook remains uncertain due in part to rising uncertainty in overseas economies, including the US-China trade dispute.」
The company identifies the US-China trade dispute as a specific factor behind uncertainty in overseas economies and states that the outlook remains uncertain. - FY2019-Q3RestatedAnnual report
「Japan's economy during the cumulative third-quarter period was on a gradual recovery trend, supported by government economic policies and monetary policy by the Bank of Japan, including a recovery in corporate earnings and improvements in employment conditions. However, the outlook remains uncertain due in part to rising uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments.」
The company continues to highlight the need to monitor uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments, and maintains its view that the outlook remains uncertain. - FY2019-Q2WorsenedAnnual report
「Japan's economy during the cumulative second-quarter period continued on a gradual recovery trend, with improvements in employment and income conditions against the backdrop of various government policies. However, the outlook remains uncertain due in part to rising uncertainty in overseas economies, including the US-China trade dispute.」
The company newly identifies the US-China trade dispute as a specific factor behind uncertainty in overseas economies and states that the outlook remains uncertain. - FY2019-Q1RestatedAnnual report
「Japan's economy during the cumulative first-quarter period continued on a gradual recovery trend, with improvements in employment and income conditions against the backdrop of various government policies. However, the outlook remains uncertain due in part to rising uncertainty in overseas economies.」
The company continues to highlight rising uncertainty in overseas economies and maintains its view that the outlook remains uncertain. - FY2018RestatedAnnual report
「Japan's economy during the consolidated fiscal year was on a gradual recovery trend, supported by government economic policies and monetary policy by the Bank of Japan, including a recovery in corporate earnings and improvements in employment conditions. However, the outlook remains uncertain due in part to rising uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments.」
The company continues to highlight the need to monitor uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments, and maintains its view that the outlook remains uncertain. - FY2018-Q3RestatedAnnual report
「Japan's economy during the cumulative third-quarter period was on a gradual recovery trend, supported by government economic policies and monetary policy by the Bank of Japan, including a recovery in corporate earnings and improvements in employment conditions. However, the outlook remains uncertain due in part to rising uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments.」
The company continues to highlight the need to monitor uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments, and maintains its view that the outlook remains uncertain. - FY2018-Q2WorsenedAnnual report
「Against this backdrop, the Group is pursuing various initiatives, with its medium-term management plan objective for fiscal 2017–2019 being to transform itself into a “new ODK.” Its key priorities for the current fiscal year are “participation in medical systems development and provision of AI services,” “expanding sales of UCARO and My Number-related services,” and “thorough management of profitability by business and customer, and effective use of external resources.”」
In addition to uncertainty in overseas economies and US policy developments, the company explicitly identifies heightened geopolitical risks involving North Korea and other factors, strengthening its description of the outlook as uncertain. - FY2018-Q1WorsenedAnnual report
「Japan's economy during the cumulative first-quarter period continued on a gradual recovery trend, with improvements in employment and income conditions against the backdrop of various government policies. However, the outlook remains uncertain due in part to rising uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments.」
The company explicitly identifies rising uncertainty surrounding the economies of emerging Asian countries, particularly China, and US policy developments, and describes the outlook as uncertain. - FY2017RestatedAnnual report
「Japan's economy during the consolidated fiscal year continued on a gradual recovery trend, although the situation requires attention to the effects of political instability in countries around the world, particularly in neighboring Asian countries.」
The company continues to highlight the impact of political instability overseas on the market economy. - FY2017-Q3RestatedAnnual report
「Japan's economy during the cumulative third-quarter period continued on a gradual recovery trend, but the situation requires attention to rising uncertainty in the global economy and the effects of volatility in financial and capital markets.」
The company continues to highlight rising uncertainty in the global economy and the effects of volatility in financial and capital markets. - FY2017-Q2WorsenedAnnual report
「Japan's economy during the cumulative second-quarter period continued on a gradual recovery trend, but the situation requires attention to the rising uncertainty in overseas political and economic conditions, including the UK's withdrawal from the EU, and the effects of volatility in financial and capital markets.」
In addition to rising uncertainty in overseas political and economic conditions, the effects of volatility in financial and capital markets are explicitly identified, broadening the disclosure of external-environment risks. - FY2017-Q1First statedAnnual report
「Japan's economy during the cumulative first-quarter period continued on a gradual recovery trend, but the impact of political issues, including the UK's withdrawal from the EU, has also emerged. The situation requires continued attention to the impact of overseas political and economic developments on the market economy.」
The company states that impacts stemming from political issues such as the UK's withdrawal from the EU have already emerged, identifying overseas political and economic developments as a new external-environment risk requiring attention.