Risk from overseas political conditions and volatility in financial and capital markets
First written in FY2018-Q1. 16 of 28 entries say "Restated". Latest entry: 2026-11-09.
Tdc Soft moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 159 of 185 companies on the "Worse" side.
62 other companies' latest entry also says "Restated".
- FY2026Persistent inflation and geopolitical risksAnnual report
「On the other hand, uncertainty about the outlook continues owing to weak personal consumption caused by rising prices and heightened geopolitical risks.」
Regarding the domestic economy, the disclosure identifies weak private consumption caused by rising prices and heightened geopolitical risks as factors contributing to an uncertain outlook. - 2026-05-12RestatedResults
「On the other hand, uncertainty about the outlook continues owing to weak personal consumption caused by rising prices and heightened geopolitical risks.」
The company continues to cite uncertainty about the outlook caused by rising prices and geopolitical risks. - FY2026-H1Uncertainty regarding prices, raw material prices, and overseas economiesAnnual report
「Meanwhile, the outlook remains uncertain, partly because rising prices, fluctuations in raw material prices, and overseas economic trends have become more difficult to predict.」
The disclosure identifies overseas political conditions and volatility in the financial and capital markets, together with rising prices, fluctuations in raw material prices, and the difficulty of forecasting overseas economies, as factors contributing to an uncertain outlook. - FY2025WorsenedAnnual report
「Although Japan's employment and income environment is improving, there is a risk that a downturn in the global economy caused by U.S. policy developments will weigh on Japan's economy, and uncertainty is expected to continue for the time being.」
Regarding the overseas political and economic environment, the disclosure explicitly identifies the risk that a downturn in the global economy resulting from U.S. policy developments will weigh on Japan's economy, and states that uncertainty continues. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, there were no occurrences of matters that could materially affect investors' decisions among those concerning the business and accounting conditions described in the interim securities report, nor were there any significant changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The company states that there have been no material changes or occurrences regarding existing business and other risks, including risks from overseas political developments and volatility in the financial and capital markets. - FY2024-Q3Update to Uncertainty FactorsAnnual report
「During the third quarter of the current consolidated cumulative period, Japan's economy showed signs of a gradual recovery as employment and income conditions improved. However, the outlook remained uncertain due to the prolonged global geopolitical risks and the impact of interest-rate policies on the economy.」
In addition to the existing concerns regarding yen depreciation and a slowdown in the global economy, the disclosure identifies prolonged geopolitical risks and the impact of interest-rate policies on the economy as factors contributing to uncertainty in overseas and market conditions. It does not state that actual losses or other effects have occurred. - FY2024-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy showed signs of a gradual recovery as employment and income conditions improved. However, the outlook remains uncertain due to concerns that the global economy could slow because of worldwide geopolitical risks and that yen depreciation could accelerate further.」
Regarding the overseas political and economic environment, the disclosure explicitly identifies concerns that global geopolitical risks may cause a slowdown in the global economy and accelerate yen depreciation. - FY2024-Q1WorsenedAnnual report
「However, the outlook for overseas economies remains uncertain due to rising geopolitical risks, concerns over global price increases, supply constraints, and the effects of monetary tightening.」
The disclosure newly identifies geopolitical risks, global price increases, supply constraints, and monetary tightening as factors contributing to uncertainty in overseas economies. - FY2023RestatedAnnual report
「During the fiscal year under review, Japan's economy continued to recover as restrictions on activity related to COVID-19 were eased and efforts to balance infection prevention with socioeconomic activity progressed. However, yen depreciation, volatility in the financial and capital markets, and rising global inflation had a significant impact on private consumption and economic activity, and uncertainty continued.」
The disclosure describes the easing of activity restrictions related to infectious diseases and a recovery trend, while stating that uncertainty due to yen depreciation, volatility in the financial and capital markets, and global inflation continues. - FY2023-Q3WorsenedAnnual report
「During the first nine months of the fiscal year under review (1 April 2022 to 31 December 2022), the impact of the spread of COVID-19 on socioeconomic activity eased and a gradual recovery continued. However, the prolonged Russia-Ukraine situation, yen depreciation, volatility in the financial and capital markets, and rising global inflation had a significant impact on private consumption and economic activity, and uncertainty continued.」
The disclosure describes easing effects from COVID-19 and a recovery trend, while stating that the prolonged Russia-Ukraine situation, yen depreciation, volatility in the financial and capital markets, and global inflation are affecting economic activity and that uncertainty continues. - FY2023-Q2WorsenedAnnual report
「During the first six months of the fiscal year under review, Japan's economy remained in a difficult situation, as the impact of COVID-19, uncertainty from the prolonged Russia-Ukraine situation, yen depreciation, volatility in the financial and capital markets, and rising global inflation had a significant impact on private consumption and economic activity.」
The disclosure states that, in addition to the existing concerns regarding overseas conditions and volatility in the financial and capital markets, the prolonged Russia-Ukraine situation, yen depreciation, and global inflation are affecting private consumption and economic activity, and that difficult conditions continue. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period (1 April 2022 to 30 June 2022), the Japanese economy remained in a difficult situation, as the spread of the novel coronavirus disease, uncertainty arising from the situation in Ukraine, yen depreciation and fluctuations in financial and capital markets had a significant impact on personal consumption and economic activity.」
In addition to the existing concerns regarding overseas conditions and volatility in the financial and capital markets, the disclosure states that uncertainty, including the situation in Ukraine and yen depreciation, is affecting private consumption and economic activity. - FY2022WorsenedAnnual report
「Japan's economy is expected to recover as the difficult conditions caused by COVID-19 ease and economic and social activity moves toward normalization. However, uncertainty is expected to continue for the time being due to factors including the situation in Ukraine.」
The disclosure newly expresses expectations for an economic recovery while stating that uncertainty is expected to continue for the time being due to the situation in Ukraine. - FY2022-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, there were no occurrences among matters concerning the business and financial conditions described in this quarterly report that could materially affect investors’ decisions, and no material 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 or occurrences regarding business and other risks, including risks from overseas political developments and volatility in the financial and capital markets. - FY2022-Q2RestatedAnnual report
「During the six-month period ended the second quarter, there were no occurrences among matters concerning the business and financial conditions described in this quarterly report that could materially affect investors’ decisions, and no material 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 or occurrences regarding business and other risks, including risks from overseas political developments and volatility in the financial and capital markets. - FY2021RestatedAnnual report
「During the fiscal year under review, Japan's economy remained in a difficult situation due to the impact of COVID-19. However, as the level of socioeconomic activity was gradually raised, the effects of various policies and improvements in overseas economies led to signs of a recovery. Nevertheless, it is necessary to closely monitor the impact of developments in infectious diseases in Japan and overseas and volatility in the financial and capital markets.」
The disclosure notes continued vigilance regarding developments in infectious diseases and volatility in the financial and capital markets, while also describing signs of a recovery driven by the effects of policy measures and improvements in overseas economies. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained in a difficult situation due to the impact of the novel coronavirus disease. However, as social and economic activity has been gradually ramped up, signs of a recovery have emerged, supported by the effects of various policies and improvements in overseas economies. Nevertheless, it is necessary to closely monitor developments in the disease domestically and overseas, as well as fluctuations in financial and capital markets.」
The company continues to monitor developments in infectious diseases and volatility in the financial and capital markets. - FY2020-Q3RestatedAnnual report
「However, the outlook for the global economy remains uncertain due to the prolonged U.S.-China trade tensions and ongoing uncertainty regarding overseas economic trends and policies.」
The disclosure reiterates that uncertainty continues in the global economy due to the prolonged U.S.-China trade tensions and ongoing uncertainty regarding overseas economic trends and policies. - FY2020-Q2RestatedAnnual report
「However, the outlook for the global economy remains uncertain due to the impact of U.S.-China tensions and ongoing uncertainty regarding overseas economic trends and policies.」
The disclosure reiterates that uncertainty continues regarding the impact of U.S.-China tensions and overseas economic trends and policies. - FY2020-Q1RestatedAnnual report
「However, the outlook for the global economy remains uncertain due to the impact of U.S.-China tensions and ongoing uncertainty regarding overseas economic trends and policies.」
The disclosure states that uncertainty continues regarding the impact of U.S.-China tensions and overseas economic trends and policies. - FY2019RestatedAnnual report
「However, the outlook for the global economy is becoming more uncertain, as the US administration’s protectionist policies are expected to become more aggressive and trade friction is expected to intensify.」
The disclosure reiterates uncertainty in the global economy due to the hardening of the U.S. administration's protectionist policies and expectations of escalating trade friction. - FY2019-Q3RestatedAnnual report
「However, the outlook for the global economy is becoming more uncertain, as the US administration’s protectionist policies are expected to become more aggressive and trade friction is expected to intensify.」
The recognition that uncertainty in the global economy has increased owing to the US administration’s more aggressive protectionist policies and the expected intensification of trade friction is reiterated. - FY2019-Q1WorsenedAnnual report
「However, the outlook for the global economy is becoming more uncertain, as the US administration’s protectionist policies are expected to become more aggressive and trade friction is expected to intensify.」
The company states that uncertainty in the overseas economy has increased as the US administration’s protectionist policies have become more aggressive and trade friction is expected to intensify. No actual losses or other such effects are reported. - FY2018-Q3RestatedAnnual report
「However, it is necessary to remain mindful of the impact of uncertainty in overseas economies and volatility in financial and capital markets.」
The recognition that uncertainty in overseas economies and volatility in financial and capital markets require attention is reiterated. - FY2018-Q2RestatedAnnual report
「However, it is necessary to remain mindful of the impact of uncertainty in overseas economies and volatility in financial and capital markets.」
The recognition that uncertainty overseas and volatility in financial and capital markets require attention is reiterated. - FY2018-Q1First statedAnnual report
「However, it is necessary to remain mindful of the impact of uncertainty in overseas political conditions and volatility in financial and capital markets.」
Uncertainty in overseas political conditions and volatility in financial and capital markets are identified as new risk factors requiring attention in the business environment.