Foreign Exchange Rate Fluctuations and Concerns About a Slowdown in Overseas Economies
First written in FY2016-Q3. 28 of 36 entries say "Restated". Latest entry: 2026-08-03.
The whole theme swung hardest in 2022: 128 of 170 companies on the "Worse" side.
69 other companies' latest entry also says "Restated".
- 2026-08-03RestatedResults
「当第3四半期連結累計期間（2025年10月1日～2026年6月30日）における景気の動向は、緩やかな回復の動きがみられるものの、中東情勢の影響などにより、依然として不透明な状況で推移しました。」
中東情勢の影響などによる不透明感を、前回開示に続いて記載している。 - FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period (1 October 2025 to 31 March 2026), the economy showed signs of a gradual recovery but remained uncertain, partly due to the impact of the situation in the Middle East.」
While signs of a gradual economic recovery continue, the impact of the situation in the Middle East is newly identified as a source of uncertainty. - 2026-05-13RestatedResults
「中間連結会計期間（2025年10月1日～2026年3月31日）における景気の動向は、緩やかな回復の動きがみられるものの、中東情勢の影響などにより、依然として不透明な状況で推移しました。」
景気は緩やかな回復を示す一方、中東情勢の影響などによる不透明感を継続して記載している。 - FY2025RestatedAnnual report
「Although a gradual economic recovery is expected as employment and income conditions improve, uncertainty is expected to persist, including the risk of downward pressure on personal consumption from rising prices.」
While a gradual economic recovery is expected, the risk of downward pressure on personal consumption from rising prices and continued uncertainty are noted. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period (1 October 2024 to 31 March 2025), the economy showed signs of a gradual recovery but remained uncertain.」
A gradual economic recovery and continued uncertainty remain. - FY2024RestatedAnnual report
「Although corporate earnings and employment conditions are expected to improve and the economy is expected to recover gradually, uncertainty about the outlook persists.」
Expectations for a gradual economic recovery and uncertainty about the outlook continue. - FY2024-Q2RestatedAnnual report
「Although economic conditions showed signs of a gradual recovery during the second quarter cumulative consolidated period under review (1 October 2023 to 31 March 2024), they remained uncertain.」
The view that the economy is showing signs of a gradual recovery while remaining uncertain continues from the previous quarter. - FY2024-Q1RestatedAnnual report
「Although economic conditions showed signs of a gradual recovery during the first quarter cumulative consolidated period under review (1 October 2023 to 31 December 2023), they remained uncertain.」
The view that the economy is showing signs of a gradual recovery while remaining uncertain continues. - FY2023SoftenedAnnual report
「Although economic conditions showed signs of a gradual recovery during the consolidated fiscal year (1 October 2022 to 30 September 2023), they remained uncertain.」
The explicit reference to the difficult economic environment caused by COVID-19 and other factors through the previous fiscal year has been removed. The wording now states that the economy is recovering gradually while uncertainty remains. - FY2023-Q3RestatedAnnual report
「Although economic conditions showed signs of a gradual recovery during the third quarter cumulative consolidated period under review, they remained uncertain.」
The view that economic conditions are showing signs of a gradual recovery while remaining uncertain continues. - FY2023-Q2RestatedAnnual report
「Although economic conditions showed signs of a gradual recovery during the second quarter cumulative consolidated period under review (1 October 2022 to 31 March 2023), they remained uncertain.」
The view that economic conditions are showing a gradual recovery while remaining uncertain continues from the previous quarter. - FY2023-Q1SoftenedAnnual report
「Although economic conditions showed signs of a gradual recovery during the first quarter cumulative consolidated period under review (1 October 2022 to 31 December 2022), they remained uncertain.」
References to the difficult conditions facing corporate earnings and employment due to COVID-19 through the previous fiscal year have been removed. While the economy is described as showing “signs of a gradual recovery,” uncertainty continues. - FY2022RestatedAnnual report
「Regarding the business environment surrounding our Group, corporate earnings and employment conditions remained difficult due to COVID-19, and uncertainty about the outlook persisted.」
The difficult conditions facing corporate earnings and employment due to the pandemic, and uncertainty about the outlook, continue. - FY2022-Q3RestatedAnnual report
「Although economic conditions showed signs of recovery during the third quarter cumulative consolidated period under review, they remained uncertain due to the continuing effects of COVID-19 and other factors.」
Although economic conditions showed signs of recovery, uncertainty due to COVID-19 and other factors continues. - FY2022-Q2RestatedAnnual report
「During the second quarter cumulative consolidated period under review, economic conditions remained uncertain due to the continuing effects of COVID-19 and other factors.」
Economic uncertainty due to the pandemic and other factors continues. - FY2022-Q1RestatedAnnual report
「During the first quarter cumulative consolidated period under review, economic conditions remained uncertain due to the continuing effects of COVID-19 and other factors.」
Economic uncertainty due to COVID-19 and other factors continues. - FY2021RestatedAnnual report
「Regarding the business environment surrounding our Group, corporate earnings and employment conditions remained difficult due to COVID-19, and uncertainty about the outlook persisted.」
The difficult conditions facing corporate earnings and employment due to the pandemic, and uncertainty about the outlook, continue for the full fiscal year. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, Japan's economy remained in a difficult state, with corporate earnings and employment conditions still under pressure due to COVID-19, and economic conditions remained even more uncertain.」
The difficult conditions facing corporate earnings and employment due to the pandemic, and economic uncertainty, continue. - FY2021-Q2RestatedAnnual report
「Due to COVID-19, corporate earnings and employment conditions remained difficult, and economic conditions remained even more uncertain.」
The difficult conditions facing corporate earnings and employment, and economic uncertainty, continue. - FY2021-Q1RestatedAnnual report
「Due to COVID-19, corporate earnings and employment conditions remained difficult, and economic conditions remained even more uncertain.」
The difficult conditions facing corporate earnings and employment due to the pandemic, and economic uncertainty, continue. - FY2020RestatedAnnual report
「Although corporate earnings and employment conditions had continued to improve and the economy had continued to recover gradually, uncertainty about the outlook persists due to the spread of COVID-19.」
The explanation that the spread of COVID-19 has left the economic outlook uncertain continues. - FY2020-Q3RestatedAnnual report
「Although corporate earnings and employment conditions had continued to improve and the economy had continued to recover gradually, economic conditions became even more uncertain due to the spread of COVID-19.」
The view that the spread of COVID-19 made economic uncertainty even more pronounced continues to be described, as in the previous quarter. - FY2020-Q2WorsenedAnnual report
「Although corporate earnings and employment conditions had continued to improve and the economy had continued to recover gradually, economic conditions became even more uncertain due to the spread of COVID-19.」
The description states that the spread of COVID-19 made the previous economic uncertainty “even more” pronounced. - FY2020-Q1RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including uncertainty in overseas economies.」
Uncertainty in overseas economies and economic uncertainty continue to be described. - FY2019-Q3RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including uncertainty in overseas economies.」
Uncertainty in overseas economies and economic uncertainty continue. As in the previous quarter, foreign exchange rate volatility is not explicitly mentioned. - FY2019-Q2SoftenedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including uncertainty in overseas economies.」
Uncertainty in overseas economies and economic uncertainty continue, while “foreign exchange rate volatility,” which had been described through the previous quarter, has been removed from this description. - FY2019-Q1RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including foreign exchange rate volatility and uncertainty in overseas economies.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described. - FY2018RestatedAnnual report
「Although the economy is expected to expand gradually due to improvements in corporate earnings and employment conditions, economic uncertainty is expected to intensify amid foreign exchange rate volatility and increasing uncertainty in overseas economies, among other factors.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described for the full fiscal year. - FY2018-Q3RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to expand gradually, economic conditions remained uncertain due to factors including foreign exchange rate volatility and uncertainty in overseas economies.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described. - FY2018-Q2RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including foreign exchange rate volatility and uncertainty in overseas economies.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described. - FY2018-Q1RestatedAnnual report
「Although corporate earnings and employment conditions continued to improve and the economy continued to recover gradually, economic conditions remained uncertain due to factors including foreign exchange rate volatility and uncertainty in overseas economies.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described. - FY2017RestatedAnnual report
「Amid foreign exchange rate volatility and heightened uncertainty in overseas economies, economic conditions remained uncertain.」
Foreign exchange rate volatility, uncertainty in overseas economies, and economic uncertainty continue to be described. - FY2017-Q3SoftenedAnnual report
「Although the economy continued to recover gradually due to improvements in corporate earnings and employment conditions, economic conditions remained uncertain amid foreign exchange rate volatility and heightened uncertainty in overseas economies.」
The description of heightened uncertainty in overseas economies continues, while the wording has been softened from “sharp foreign exchange rate volatility” through the previous quarter to “foreign exchange rate volatility.” - FY2017-Q2RestatedAnnual report
「Although the economy continued to recover gradually due to improvements in corporate earnings and employment conditions, economic conditions remained uncertain amid sharp foreign exchange rate volatility and heightened uncertainty in overseas economies.」
Sharp foreign exchange volatility, uncertainty in overseas economies, and economic uncertainty are described in the same manner as in the previous quarter. - FY2017-Q1WorsenedAnnual report
「Amid sharp foreign exchange rate volatility and heightened uncertainty in overseas economies, economic conditions remained uncertain.」
The description of overseas economies has changed from concerns about a slowdown to heightened uncertainty. - FY2016-Q3First statedAnnual report
「Although the economy was on a gradual recovery trend due to factors including corporate capital investment and improving employment conditions, some weakness was evident in private consumption and corporate earnings, and the outlook remained uncertain amid sharp foreign exchange rate volatility and concerns about a slowdown in overseas economies.」
Foreign exchange volatility and concerns about a slowdown in overseas economies are identified as external factors.