Weak Economic Conditions and Consumer Spending
First written in FY2017-Q1. 1 of 5 entries say "Softened", first in FY2017-Q2. Latest entry: FY2019.
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2019DroppedAnnual report
「During the fiscal year, the domestic pharmaceutical industry was operating amid the promotion of various measures to improve the efficiency of medical and pharmaceutical costs against the backdrop of securing funding for social security expenses,」
The previously described weakness in the economy and consumer spending is not repeated in this filing's description of the business environment. - FY2017RestatedAnnual report
「The environment surrounding the healthcare business remained uncertain, with the economy showing a moderate recovery but consumer spending remaining flat, and uncertainty still not dispelled.」
It describes the economic recovery, flat consumer spending and continued uncertainty. - FY2017-Q3WorsenedAnnual report
「The environment surrounding the healthcare business remained uncertain, with the economy showing a moderate recovery but consumer spending remaining flat, and uncertainty still not dispelled.」
While the economy recovered, the description of consumer spending weakened from improvement to a flat trend, and uncertainty also continues. - FY2017-Q2SoftenedAnnual report
「The environment surrounding the healthcare business remained uncertain, although consumer spending gradually improved and the economy showed a moderate recovery.」
Consumer spending and the economy showed signs of improvement and recovery, easing some of their previous weakness, but uncertainty about the outlook remains. - FY2017-Q1First statedAnnual report
「The environment surrounding the healthcare business remained one in which economic conditions were broadly flat and consumer spending remained weak.」
Stagnant economic conditions and weak consumer spending are described as external risks to the healthcare business.