Uncertainty in Emerging-Market Economies, Overseas Political Conditions, and Foreign Exchange and Equity Markets
First written in FY2017-Q1. 17 of 32 entries say "Restated". Latest entry: FY2027-H1.
Just Planning moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 160 of 184 companies on the "Worse" side.
21 other companies' latest entry also says "Reframed".
- FY2027-H1ReframedAnnual report
「However, the outlook remains uncertain due to US economic and foreign policy and developments surrounding Ukraine, the Middle East and other regions.」
US economic and foreign policy, developments in Ukraine and developments in the Middle East are cited as specific examples of uncertainty in the external environment. - FY2026-H1ReframedAnnual report
「However, the outlook remains uncertain due to the impact of US economic and foreign policy, downside risks to overseas economies resulting from those policies, developments in the Middle East and fluctuations in the financial and capital markets.」
US economic and foreign policy, downside risks to overseas economies, developments in the Middle East and fluctuations in the financial and capital markets are cited as specific examples of uncertainty in the external environment. - FY2025ReframedAnnual report
「However, real wages have not achieved sustained growth after taking rising prices into account. In addition, raw material prices have remained high, and geopolitical risks have increased, including policy shifts associated with the US presidential election. The outlook therefore remains uncertain.」
The specific examples of external environmental risks have been changed to persistently high raw material prices, policy shifts associated with the US presidential election and geopolitical risks. - FY2025-H1ReframedAnnual report
「However, the outlook remained uncertain due to rising raw material prices, sharp foreign exchange fluctuations and other factors.」
The specific examples of uncertainty in the external environment have been changed from fluctuations in the financial and capital markets and other factors to rising raw material prices and sharp foreign exchange fluctuations. - FY2025-Q1RestatedAnnual report
「However, the outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as fluctuations in the financial and capital markets.」
Uncertainty in the external environment arising from rising raw material prices resulting from the situation in Ukraine and fluctuations in the financial and capital markets continues to be disclosed. - FY2024-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, restrictions on economic activity due to COVID-19 were eased, and economic activity showed a gradual recovery. However, the outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as sharp foreign exchange fluctuations.」
While referring to the recovery in economic activity, the company continues to disclose uncertainty arising from rising raw material prices resulting from the situation in Ukraine and sharp foreign exchange fluctuations. - FY2024-Q2ReframedAnnual report
「During the second quarter of the current consolidated fiscal year, restrictions on economic activity due to COVID-19 were eased, and economic activity showed a gradual recovery. However, the outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as sharp foreign exchange fluctuations.」
While referring to the easing of restrictions on economic activity due to COVID-19, the specific examples have been changed from fluctuations in the financial and capital markets to sharp foreign exchange fluctuations, in addition to rising raw material prices resulting from the situation in Ukraine and other factors. - FY2024-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan's economy showed signs of a gradual recovery in economic activity as restrictions on movement associated with COVID-19 were eased. However, the outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as fluctuations in the financial and capital markets.」
While referring to the easing of restrictions on movement and the recovery in economic activity, the company continues to disclose uncertainty arising from rising raw material prices resulting from the situation in Ukraine and fluctuations in the financial and capital markets. - FY2023ReframedAnnual report
「During the consolidated fiscal year, Japan's economy gradually moved toward normalization as the impact of COVID-19 persisted, and signs of a moderate recovery were seen. However, the outlook became extremely uncertain due to destabilization of the international situation resulting from the prolonged Russian invasion of Ukraine, the weakening yen, surging raw material prices, shortages of components, particularly semiconductors and electrical components, and concerns about the impact of rising prices on personal consumption.」
The specific examples of uncertainty in the external environment have expanded from COVID-19, variants, the situation in Ukraine and other factors to the Russian invasion, the weakening yen, high raw material prices, component shortages and rising prices, and the outlook is described as extremely uncertain. The impact of COVID-19, the weakening yen and high raw material prices is also described as part of the actual economic environment. The risks used in the assessment have not been quantified. - FY2023-Q2RestatedAnnual report
「During the second quarter of the current consolidated fiscal year, restrictions on economic activity due to COVID-19 were eased, while the spread of infections caused by new variants accelerated. The outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as fluctuations in the financial and capital markets.」
COVID-19 variants, rising raw material prices resulting from the situation in Ukraine and fluctuations in the financial and capital markets continue to be disclosed as sources of uncertainty in the external environment. - FY2023-Q1ReframedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan's economy showed a gradual recovery in economic activity as measures to prevent infections were eased following a decline in the risk of severe COVID-19 cases. However, the outlook remained uncertain due to rising raw material prices resulting from the situation in Ukraine and other factors, as well as fluctuations in the financial and capital markets.」
Specific examples of uncertainty in the external environment have been changed from COVID-19, US-China trade friction and other factors to rising raw material prices resulting from the situation in Ukraine and fluctuations in the financial and capital markets. - FY2022RestatedAnnual report
「In the food service industry, with which the Group is primarily associated, requests to close temporarily, reduced operating hours and bans on serving alcoholic beverages aimed at preventing the spread of COVID-19 were temporarily relaxed during periods when the state of emergency was lifted. However, the industry remains in an unpredictable situation due to the repeated declarations of a state of emergency accompanying the resurgence of infections.」
Uncertainty in the food service industry due to the resurgence of COVID-19 and repeated declarations of a state of emergency continues to be disclosed. - FY2022-Q2WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, the resurgence of COVID-19 infections could affect the business activities of the Group if the spread of infections continues, through stagnation in economic activity, postponement of system investment plans in the food service industry served by the Group and business contraction. The Group will continue to closely monitor developments.」
Based on the assumption that COVID-19 infections will resurge, the potential impact of stagnation in economic activity, delays in system investment plans in the food service industry and business contraction continues to be disclosed. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, the resurgence of COVID-19 infections could affect the business activities of the Group if the spread of infections continues, through stagnation in economic activity, postponement of system investment plans in the food service industry served by the Group and business contraction. The Group will continue to closely monitor developments.」
Following the resurgence of COVID-19 infections, the potential impact of stagnation in economic activity, delays in system investment plans in the food service industry and business contraction continues to be disclosed as a more direct risk. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, the spread of COVID-19 infections could affect the business activities of the Group, depending on future developments, through stagnation in economic activity, postponement of system investment plans in the food service industry served by the Group and business contraction. The Group will continue to closely monitor developments.」
The stagnation of economic activity caused by COVID-19, delays in system investment plans in the food service industry and the possibility of business contraction continue to be disclosed as business risks. - FY2021-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated fiscal year, the spread of COVID-19 infections could affect the business activities of the Group, depending on future developments, through stagnation in economic activity, postponement of system investment plans in the food service industry served by the Group and business contraction. The Group will continue to closely monitor developments.」
The potential impact of COVID-19 infections on business activities, including delays in system investment plans and business contraction in the food service industry, continues to be disclosed. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated fiscal year, the spread of COVID-19 infections could affect the business activities of the Group, depending on future developments, through stagnation in economic activity, postponement of system investment plans in the food service industry served by the Group and business contraction. The Group will continue to closely monitor developments.」
In addition to the existing uncertainty in the global economy, economic stagnation caused by COVID-19, delays in customers' system investments and business contraction are cited as specific business risks. The text also states that customer establishments have closed temporarily, system implementations have been postponed and sales have declined. - FY2020ReframedAnnual report
「However, uncertainty in the global economy remains high, and the outlook for the global economy remains unclear due to US-China trade friction, developments surrounding the UK's withdrawal from the EU and the spread of COVID-19 infections.」
The specific examples of uncertainty in the global economy have been changed from the new US administration, political developments in EU countries and other factors to US-China trade friction, the UK's withdrawal from the EU and the spread of COVID-19 infections. - FY2020-Q3RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty arising from the global economy, political developments in the US and EU, and fluctuations in the financial and capital markets continues to be disclosed. - FY2020-Q2RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2020-Q1RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2019-Q3RestatedAnnual report
「During the nine-month period of the third quarter, there were no new business or other risks, or significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes involving the emergence of new business risks or existing external environmental risks. - FY2019-Q2RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2019-Q1RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2018ReframedAnnual report
「During the consolidated fiscal year, Japan's economy remained on a gradual recovery trend as a result of the economic and monetary policies of the government and the Bank of Japan. However, the outlook remained uncertain due to factors including policy developments under the new US administration and overseas political instability surrounding the Korean Peninsula.」
The new US administration's policy developments and overseas political instability surrounding the Korean Peninsula are cited as specific examples of uncertainty in the external environment. - FY2018-Q3RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2018-Q2RestatedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
Uncertainty in the global economy due to the new US administration, political developments in EU countries and fluctuations in the financial and capital markets continues to be disclosed. - FY2018-Q1ReframedAnnual report
「However, uncertainty in the global economy remains high, and the outlook continues to be unclear due to the impact of policy developments under the new U.S. administration, future political developments in EU countries, and fluctuations in the financial and capital markets.」
The specific examples of external environmental risks have been changed from emerging-market economies, overseas political conditions and foreign exchange rates to the new US administration, political developments in EU countries and the financial and capital markets. - FY2017RestatedAnnual report
「The economy remained in an uncertain environment with an unclear outlook, as economic trends in emerging markets, including China, overseas political instability, and significant fluctuations in foreign exchange rates and the equity markets continued.」
Continues to describe uncertainty surrounding emerging-market economies, overseas political conditions, foreign exchange rates and the equity markets as external factors. - FY2017-Q3RestatedAnnual report
「During the nine-month period of the third quarter, there were no new business or other risks, or significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no new risks or material changes to existing risks. - FY2017-Q2RestatedAnnual report
「During the first 6 months of the current consolidated fiscal year, Japan’s economy showed signs of improved corporate earnings and a recovery in employment conditions, but remained in an uncertain environment with an unclear outlook due to economic trends in emerging markets, including China, overseas political instability, and significant fluctuations in foreign exchange rates and the equity markets. During the first 6 months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
Continues to disclose uncertainty surrounding emerging-market economies, overseas political conditions, foreign exchange rates and the equity markets, stating that there have been no material changes to the risks. - FY2017-Q1First statedAnnual report
「The economy remained in an uncertain environment with an unclear outlook, as economic trends in emerging markets, including China, overseas political instability, and significant fluctuations in foreign exchange rates and the equity markets continued.」
Describes fluctuations in emerging-market economies, overseas political conditions, foreign exchange rates and the equity markets as external uncertainties.