Global Economic Uncertainty Due to the Transition of the U.S. Administration and Political Instability in Europe
First written in FY2017-Q2. 10 of 27 entries say "Worsened", first in FY2017-Q3. Latest entry: 2026-05-14.
Temona. moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 105 of 134 companies on the "Worse" side.
75 other companies' latest entry also says "Worsened".
- 2026-05-14WorsenedEarnings
「The outlook for the economy remains uncertain, owing to rising raw-material prices amid unstable international conditions, downside risks to the economy arising from the impact of U.S. trade policy, and continued increases in consumer prices.」
In addition to the previously disclosed uncertainty arising from international conditions, raw-material prices and U.S. trade policy, the company cites continued increases in consumer prices as a factor weighing on the economy. - FY2025WorsenedAnnual report
「During the fiscal year, a moderate recovery in Japan’s economy was expected as employment and income conditions improved and various policies took effect. However, the outlook for economic conditions remained uncertain due to soaring raw material prices associated with the unstable international situation, downside risks from the impact of U.S. trade policy, and continued increases in consumer prices.」
In addition to the previously cited international conditions and increases in prices and raw material costs, the filing explicitly identifies downside risks to economic conditions from U.S. trade policy. - FY2024-Q1WorsenedAnnual report
「The outlook for economic conditions remains uncertain due to soaring energy and raw material prices associated with the unstable international situation, the depreciation of the yen and inflation.」
In addition to the previously cited uncertainty caused by the Ukraine crisis, monetary tightening and the depreciation of the yen, soaring energy and raw material prices and inflation are identified as new downside factors for economic conditions. - FY2023RestatedAnnual report
「During the fiscal year, the outlook for economic conditions in Japan remained uncertain due to destabilization of the international situation against a backdrop of the Ukraine crisis, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen.」
The filing reiterates the uncertainty caused by the Ukraine crisis, destabilization of the international situation, monetary tightening in the United States and Europe, a slowdown in the global economy, and the prolonged depreciation of the yen. - FY2023-Q3RestatedAnnual report
「During the nine-month period, the outlook for economic conditions in Japan remained uncertain due to destabilization of the international situation against a backdrop of the Ukraine crisis, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen.」
The filing reiterates the uncertainty caused by the Ukraine crisis, destabilization of the international situation, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen. - FY2023-Q2RestatedAnnual report
「During the six-month period, the outlook for economic conditions in Japan remained uncertain due to destabilization of the international situation against a backdrop of the Ukraine crisis, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen.」
The filing reiterates the uncertainty caused by the Ukraine crisis, destabilization of the international situation, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen. - FY2023-Q1WorsenedAnnual report
「During the three-month period, the outlook for economic conditions in Japan remained uncertain due to destabilization of the international situation against a backdrop of the Ukraine crisis, a slowdown in the global economy associated with monetary tightening in the United States and Europe, and the prolonged depreciation of the yen.」
In addition to the previously cited Ukraine crisis and destabilization of the international situation, the filing identifies the slowdown in the global economy associated with monetary tightening in the United States and Europe and the prolonged depreciation of the yen as new sources of uncertainty. - FY2022-Q2WorsenedAnnual report
「During the six-month period, the effects of the spread of COVID-19 continued for an extended period, while the outlook for economic conditions remained uncertain due to destabilization of the international situation against a backdrop of the Ukraine crisis and rising resource prices.」
In addition to the uncertainty caused by the previous spread of COVID-19, the filing cites destabilization of the international situation against a backdrop of the Ukraine crisis and rising resource prices as new sources of uncertainty. - FY2022-Q1RestatedAnnual report
「During the three-month period, the effects of the spread of COVID-19 continued for an extended period. Although expectations emerged for a recovery in demand as vaccinations progressed, the outlook for economic conditions remained uncertain.」
The filing reiterates both the prolonged spread of COVID-19 and expectations of a recovery, while maintaining that the outlook for economic conditions is uncertain. - FY2021RestatedAnnual report
「During the fiscal year, the effects of the spread of COVID-19 continued for an extended period. Although expectations emerged for a recovery in demand following the lifting of the state of emergency and progress in vaccinations, the outlook for economic conditions remained uncertain.」
The filing continues to cite both the prolonged spread of COVID-19 and expectations of a recovery from vaccinations, while maintaining that the outlook for economic conditions remains uncertain. - FY2021-Q3RestatedAnnual report
「During the nine-month period, the effects of the spread of COVID-19 continued for an extended period. Although there were expectations of a recovery as vaccination progressed in some areas, the outlook for economic conditions remained uncertain.」
The filing continues to recognize that the effects of the spread of COVID-19 have persisted and that, despite expectations of a recovery from vaccination, the outlook for economic conditions remains uncertain. - FY2021-Q2RestatedAnnual report
「During the six-month period, the effects of the spread of COVID-19 continued for an extended period. Although some signs of recovery were evident, the outlook for economic conditions remained extremely uncertain.」
The filing continues to recognize that the effects of the spread of COVID-19 have persisted and that the outlook for economic conditions is extremely uncertain. As the risk has already materialized, “materialized” was set to true. - FY2020RestatedAnnual report
「During the fiscal year, Japan’s economy deteriorated rapidly from its previous moderate recovery path due to the global spread of COVID-19, and the outlook for economic conditions remained extremely uncertain.」
The filing continues to recognize that the global spread of COVID-19 has worsened the economic environment and made the outlook for economic conditions extremely uncertain. - FY2020-Q3RestatedAnnual report
「During the nine-month period, Japan’s economy had continued to expand moderately against a backdrop of steady improvement in employment and income conditions. However, the economic environment deteriorated rapidly due to the global spread of COVID-19, making the outlook for economic conditions extremely uncertain.」
The filing continues to recognize that the global spread of COVID-19 has rapidly deteriorated the economic environment and made the outlook for economic conditions extremely uncertain. - FY2020-Q2MaterialisedAnnual report
「During the six-month period, Japan’s economy had continued to expand moderately against a backdrop of steady improvement in employment and income conditions. However, the economic environment deteriorated rapidly due to the global spread of COVID-19, making the outlook for economic conditions extremely uncertain.」
In addition to the uncertainty caused by overseas economies and trade friction, the filing states that the global spread of COVID-19 led to a rapid deterioration in the economic environment. It also explains that, as of that time, there had been no significant impact on the performance of the company’s group. - FY2020-Q1ReframedAnnual report
「During the three-month period, Japan’s economy continued to expand moderately as employment and income conditions steadily improved. However, the outlook for economic conditions remained uncertain due to the effects of the consumption tax rate increase and uncertainty in overseas economies, among other factors.」
The filing organizes the sources of uncertainty for economic conditions as the effects of the consumption tax rate increase and uncertainty in overseas economies, replacing the previous reference to U.S.-China trade friction and other factors. - FY2019WorsenedAnnual report
「During the fiscal year, Japan’s economy continued to be supported by domestic demand as external demand weakened, while employment and income conditions continued to improve against a backdrop of various government and Bank of Japan policies. However, the outlook for economic conditions remained uncertain due to the worsening of trade friction between the United States and China and a slowdown in overseas economies.」
In addition to the previously cited U.S.-China trade friction, its worsening and a slowdown in overseas economies are explicitly cited as sources of uncertainty for economic conditions. - FY2019-Q3WorsenedAnnual report
「During the nine-month period, Japan’s economy continued to be supported by domestic demand as external demand weakened, while employment and income conditions continued to improve against a backdrop of various government and Bank of Japan policies. However, the outlook for economic conditions remained uncertain due to the intensification of trade friction between the United States and China, among other factors.」
The intensification of trade friction between the United States and China is explicitly cited as a source of uncertainty for economic conditions. - FY2019-Q2RestatedAnnual report
「The outlook for economic conditions remains uncertain due to U.S. trade policy and concerns about a slowdown in the Chinese economy, among other factors.」
As in the previous quarter, the filing cites U.S. trade policy and concerns about a slowdown in the Chinese economy as sources of uncertainty for economic conditions. - FY2019-Q1ReframedAnnual report
「During the three-month period, Japan’s economy remained uncertain, with concerns about the outlook for economic conditions due to U.S. trade policy and the risk of a slowdown in the Chinese economy, although corporate investment sentiment remained firm against a backdrop of various government and Bank of Japan policies.」
The filing changes the cited sources of uncertainty for economic conditions from the previously mentioned transition of the U.S. administration and political instability in Europe to U.S. trade policy and concerns about a slowdown in the Chinese economy. - FY2018DroppedAnnual reportThis filing contains no explicit reference to the previously cited global economic risks, including the transition of the U.S. administration, political instability in Europe and U.S.-China trade friction.
- FY2018-Q3WorsenedAnnual report
「However, the outlook remains uncertain due to concerns about labor shortages, particularly among small and medium-sized companies, and growing caution over U.S.-China trade friction stemming from U.S. trade policy.」
In addition to labor shortages, growing caution over U.S.-China trade friction stemming from U.S. trade policy is cited as a source of uncertainty about the outlook. - FY2018-Q2WorsenedAnnual report
「However, concerns remain about labor shortages, particularly among small and medium-sized companies, as well as uncertainty over overseas political conditions, including U.S. trade policy. These factors are sources of concern regarding downside risks to the economy going forward.」
In addition to the previously cited geopolitical and political uncertainties, labor shortages and U.S. trade policy are cited as sources of concern regarding downside risks to the global economy and economic conditions. - FY2018-Q1ReframedAnnual report
「During the three-month period, Japan’s economy remained on a moderate recovery path. Although the global economy remained uncertain amid heightened geopolitical risks stemming from instability in Europe, the Middle East and East Asia, employment conditions and the personal income environment improved against a backdrop of stronger corporate earnings.」
The filing updates the source of uncertainty for the global economy, changing from the previously cited transition of the U.S. administration and political instability in Europe to geopolitical risks stemming from instability in Europe, the Middle East and East Asia. - FY2017DroppedAnnual reportThis filing contains no explicit reference to the previously cited global economic risks, centered on the transition of the U.S. administration and political instability in Europe.
- FY2017-Q3WorsenedAnnual report
「During the nine-month period, Japan’s economy remained on a moderate recovery path, supported by the effects of various policies as employment and income conditions continued to improve. However, the outlook for the global economy remained uncertain due to the future prospects for emerging Asian economies, including China, political and economic developments in the United States, and political instability in Europe.」
In addition to the United States and Europe, the outlook for emerging Asian economies, including China, is now cited as a source of uncertainty, broadening the range of risk factors. - FY2017-Q2First statedAnnual report
「Uncertainty about the outlook for the global economy is increasing due to the transition of the U.S. administration and political instability in Europe, among other factors.」
The external environment is described as being affected by political conditions in the United States and Europe, which are cited as sources of uncertainty for the global economy.