Risks of a slowdown in emerging markets and economic weakness in resource-rich countries
First written in FY2016. 5 of 11 entries say "Restated". Latest entry: FY2023-Q1.
Tomoku moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 159 of 183 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2023-Q1DroppedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
Although the company states that there have been no significant changes in its principal risks since the previous fiscal year, it does not specifically mention a slowdown in emerging and commodity-producing economies. - FY2020WorsenedAnnual report
「Meanwhile, the environment remained subject to downside risks to economic activity, including intensifying US-China trade friction, signs of a slowdown in overseas economies, centered on China, the occurrence of major natural disasters in Japan and the effects of the consumption tax increase.」
The slowdown in overseas economies, centered on China, was described together with intensified US-China trade friction and domestic factors as part of an environment subject to downside risks to economic activity. - FY2020-Q3WorsenedAnnual report
「Although exports and production showed weakness, particularly in manufacturing, because of the prolonged US-China trade friction and signs of a slowdown in overseas economies, centered on China, the economy continued to expand moderately as various policies, including public investment, were steadily implemented.」
The slowdown in overseas economies, centered on China, was described alongside prolonged US-China trade friction as resulting in weakness in exports and production. - FY2020-Q2WorsenedAnnual report
「During the first 2 quarters of the current consolidated fiscal year, corporate sentiment in Japan, particularly in manufacturing, weakened somewhat because of the intensification of US-China trade friction and signs of a slowdown in overseas economies, centered on China.」
The slowdown in overseas economies, centered on China, emerged as weaker corporate sentiment, giving concrete form to the previously identified external-environment concerns. - FY2019RestatedAnnual report
「Although uncertainties remain overseas, including US-China trade friction and confusion surrounding the UK's withdrawal from the EU, overseas economies overall continued to grow steadily.」
The company continues to identify US-China trade friction and the UK's withdrawal from the EU as sources of uncertainty for overseas economies. - FY2019-Q1RestatedAnnual report
「Although concerns remain over the United States' shift toward trade protectionism, the resulting intensification of trade friction, trends in emerging and commodity-producing economies, and higher raw material and energy prices, the economy is expected to continue its moderate recovery as a basic trend.」
The company continues to identify trends in emerging and commodity-producing economies as an external-environment concern. - FY2018-Q1RestatedAnnual report
「Although concerns remain over US economic policy, trends in emerging and commodity-producing economies, developments in the UK's EU withdrawal negotiations and their impact, the economy is expected to continue its moderate recovery as a basic trend.」
The company continues to identify trends in emerging and commodity-producing economies as an external-environment concern. - FY2017RestatedAnnual report
「During the current consolidated fiscal year, Japan's economy continued to recover moderately. Personal consumption remained firm against a backdrop of steady improvements in employment and income, supported in part by government economic measures and the Bank of Japan's monetary easing. Capital investment was also on a moderate upward trend as corporate earnings improved, although some emerging economies remained weak.」
While describing a recovery in the domestic economy, the company continues to identify the lingering weakness in some emerging economies as an external-environment risk. - FY2017-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan's economy remained in an uncertain environment because of concerns about economic slowdowns in Asian countries and adverse effects on the global economy stemming from the UK's withdrawal from the EU, although」
Continued concerns about economic slowdowns in Asian countries are identified as a source of uncertainty in the external environment. - FY2017-Q1MaterialisedAnnual report
「Although exports and production showed some weakness because of the slowdown in Asian economies and commodity-producing countries,」
The slowdown in Asian and commodity-producing economies, identified as an outlook risk in the previous fiscal year, was described as affecting exports and production. - FY2016First statedAnnual report
「However, the outlook is expected to remain uncertain because of slowdowns in emerging markets, including China, caused by excess capacity and inventory adjustments, and downward pressure on economic activity in commodity-producing countries such as Russia resulting from weak commodity prices.」
The company identifies economic slowdowns in emerging and commodity-producing countries, including China, as external-environment risks.