Overseas Economic Risks Including Trade Issues, the Chinese Economy and Brexit
First written in FY2020-Q3. 9 of 17 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 125 of 168 companies on the "Worse" side.
14 other companies' latest entry also says "Other".
- FY2027-H1Adding geopolitical risks in the Middle East and natural disastersAnnual report
「Looking ahead, it will be necessary to closely monitor geopolitical risks, including conditions in the Middle East, and the effects of natural disasters. In addition, as attention must be paid to the effects of volatility in financial and capital markets, including foreign-exchange markets, the outlook is expected to remain uncertain.」
Regarding overseas economic and geopolitical risks, the company has newly identified conditions in the Middle East and natural disasters, in addition to the existing factors of overseas economic conditions, interest rates, foreign exchange and prices, as matters requiring attention going forward. - FY2026-H1MaterialisedAnnual report
「In particular, although the U.S. tariff policy newly announced in April 2025 has had no direct impact on the Group's business, the sharp appreciation of the yen caused by turmoil in financial and foreign-exchange markets has affected the Group's business.」
In addition to the existing overseas economic and financial-market risks, the company states that turmoil in financial and foreign-exchange markets triggered by U.S. tariff policy and the resulting sharp appreciation of the yen have actually affected the business. - FY2025RestatedAnnual report
「Meanwhile, downside risks to overseas economies, including trends in U.S. policy and continued high interest-rate levels in Europe and the United States, are weighing on the domestic economy. In addition, the outlook is expected to remain uncertain against a backdrop of rising prices driven in part by the yen's depreciation trend and other foreign-exchange factors.」
The company has reconfirmed the downside risks to the domestic economy from high interest rates in Europe and the United States, weaker overseas economies, and yen depreciation and rising prices, as well as the uncertain outlook. - FY2025-H1Explicitly identifies high interest rates in Europe and the United States and the downturn in China's property marketAnnual report
「Meanwhile, the slowdown in overseas economies, including continued high interest rates in Europe and the United States and the downturn in China's property market, poses a risk of weighing on Japan's economy. In addition, the outlook is expected to remain uncertain due to the effects of rising prices, sharp foreign-exchange fluctuations and other factors.」
Regarding overseas economic and geopolitical risks, the company has newly specified continued high interest rates in Europe and the United States, the downturn in China's property market, rising prices and sharp foreign-exchange fluctuations as factors that could weigh on the economy. - FY2025-Q1RestatedAnnual report
「Meanwhile, there are risks of downward pressure on the economy from the effects of global monetary tightening, sharp foreign-exchange fluctuations, continued price increases and other factors, and the outlook is expected to remain uncertain.」
The company has reconfirmed the downside risks to the economy from global monetary tightening, sharp foreign-exchange fluctuations and rising prices, as well as the uncertain outlook. - FY2024-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, Japan's economy was expected to continue its gradual recovery as employment and income conditions improved following the easing of restrictions on movement related to COVID-19. Meanwhile, the outlook is expected to remain uncertain due to the effects of rising prices resulting from the prolonged instability in global conditions and financial instability caused by interest-rate hikes in various countries.」
While the easing of restrictions on movement and improving employment and income conditions support expectations for a recovery, the company has reconfirmed unstable global conditions, rising prices and financial instability caused by interest-rate hikes in various countries as downside factors for the economy. - FY2024-Q2RestatedAnnual report
「Meanwhile, downside risks to overseas economies against a backdrop of global monetary tightening and other factors could weigh on Japan's economy. In addition, the impact of rising prices on households and companies and supply-side constraints are matters of concern, and the outlook is expected to remain uncertain.」
The company has reconfirmed the downside risks to the domestic economy from global monetary tightening, weaker overseas economies, rising prices and supply constraints, as well as the uncertain outlook. - FY2024-Q1RestatedAnnual report
「Meanwhile, amid concerns over continued global monetary tightening and the prolonged situation in Ukraine, downside risks from supply-side constraints, higher raw material prices and volatility in financial and capital markets are increasing, and the outlook is expected to remain uncertain.」
The company has reconfirmed the downside risks to overseas and domestic economies from global monetary tightening, the situation in Ukraine, supply constraints, higher raw material prices and volatility in financial and capital markets, as well as the uncertain outlook. - FY2023RestatedAnnual report
「During the current consolidated fiscal year, Japan's economy is expected to recover, supported in part by the effects of various policies under the post-COVID environment. However, global monetary tightening and other factors continue, creating a risk that weaker overseas economies will weigh on Japan's economy.」
The company has reconfirmed the uncertain outlook resulting from global monetary tightening, weaker overseas economies, rising prices, supply constraints and other factors. - FY2023-Q3RestatedAnnual report
「Meanwhile, downside risks to overseas economies against a backdrop of global monetary tightening and other factors could weigh on Japan's economy. In addition, the impact of rising prices on households and companies and supply-side constraints are matters of concern, and the outlook is expected to remain uncertain.」
The company has reconfirmed the downside risks to the domestic economy from weaker overseas economies against a backdrop of global monetary tightening, rising prices and supply constraints, as well as the uncertain outlook. - FY2023-Q2WorsenedAnnual report
「Meanwhile, downside risks to overseas economies against a backdrop of global monetary tightening and other factors could weigh on Japan's economy. In addition, the impact of rising prices on households and companies and supply-side constraints are matters of concern, and the outlook is expected to remain uncertain.」
In addition to the existing overseas economic and geopolitical risks, downside risks to overseas economies stemming from global monetary tightening are described as risks that could weigh on the domestic economy. - FY2023-Q1Resurgence of overseas economic and geopolitical risksAnnual report
「Amid concerns about the impact of a renewed spread of infections in China and the prolonged situation in Ukraine, downside risks are expected to increase due to supply-side constraints, higher raw material prices and volatility in financial and capital markets, and uncertainty about the outlook is expected to persist.」
Risks related to overseas economic and political conditions, whose individual descriptions had disappeared in the past, now newly identify the resurgence of infections in China and the prolonged situation in Ukraine as factors of concern. - FY2021DroppedAnnual report
「Although a recovery in corporate capital investment and personal consumption is expected, uncertainty about the outlook is expected to persist.」
Specific overseas political and economic risks, including trade issues, the Chinese economy and the UK's withdrawal from the EU, were not explicitly stated for FY2021. - FY2020RestatedAnnual report
「Although a recovery in corporate capital investment and personal consumption is expected, uncertainty about the outlook is expected to persist.」
The company reconfirmed the existing overseas economic risks related to US-China trade friction, China and the UK's withdrawal from the EU in the annual report. - FY2020-Q3First statedAnnual report
「Although overseas economies as a whole continued to recover moderately, conditions remained concerning due to tensions over trade issues, the outlook for the Chinese economy, developments concerning the United Kingdom's withdrawal from the EU and the effects of volatility in financial and capital markets.」
Regarding overseas economies, the company for the first time explicitly identified trade issues, the Chinese economy, the UK's withdrawal from the EU and volatility in financial and capital markets as concerns.