Business Environment Becoming More Uncertain Due to Slowing Overseas Economies
First written in FY2016-Q3. 22 of 35 entries say "Restated". Latest entry: 2026-08-03.
The whole theme swung hardest in 2022: 160 of 184 companies on the "Worse" side.
56 other companies' latest entry also says "Restated".
- FY2025-H1Concerns Becoming More SpecificAnnual report
「Meanwhile, concerns continued over the impact of international developments, including developments under the new US administration, persistently high raw material and resource prices, rising prices and significant foreign exchange fluctuations on domestic and overseas economic activity, and the outlook remained uncertain.」
While continuing to cite concerns over international developments, raw material and resource prices, prices and foreign exchange fluctuations, the report specifically identifies developments under the new US administration as a factor in international developments. - FY2024RestatedAnnual report
「Meanwhile, concerns persist over the impact of developments in international affairs, surging raw material and resource prices, rising prices and significant foreign exchange fluctuations, and the uncertain outlook is expected to continue.」
International developments, raw material and resource prices, rising prices and foreign exchange fluctuations continue to be identified as business-environment risks contributing to an uncertain outlook. - FY2024-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy showed a moderate recovery amid the normalization of social and economic activity and improvements in employment and income conditions. Meanwhile, concerns continued over the impact of international developments, surging raw material and resource prices, rising prices and significant foreign exchange fluctuations on domestic and overseas economic activity, and the outlook remained uncertain.」
While referring to the normalization of social and economic activity and the economic recovery, the report continues to cite international developments, raw material and resource prices, prices and foreign exchange fluctuations as sources of an uncertain outlook. - FY2024-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy showed a moderate recovery as social and economic activity normalized and employment and income conditions improved. Meanwhile, concerns persisted over the impact of international developments, surging raw material and resource prices, rising prices and significant foreign exchange fluctuations on domestic and overseas economic activity, and the outlook remained uncertain.」
While referring to the normalization of social and economic activity and the economic recovery, the report continues to cite international developments, raw material and resource prices, prices and foreign exchange fluctuations as sources of an uncertain outlook. - FY2023Addition and reorganization of concernsAnnual report
「Japan's economy is expected to recover as social and economic activity normalizes. However, concerns persist over the impact of international developments, surging raw material and resource prices, significant foreign exchange fluctuations and rising prices on domestic and overseas economic activity, and the uncertain outlook is expected to continue.」
The concerns have been reorganized from a focus on the pandemic to international developments, raw material and resource prices, foreign exchange rates and rising prices as the main sources of uncertainty. - FY2023-Q3RestatedAnnual report
「During the third quarter of the fiscal year, activity restrictions were eased as COVID-19 was reclassified as a Category V infectious disease, social and economic activity moved toward normalization, and the economy showed signs of recovery. Meanwhile, the prolonged situation in Ukraine, surging raw material and resource prices and rising prices continued to affect domestic and overseas economic activity, and the outlook remained uncertain.」
While normalization of social and economic activity is progressing, the report continues to cite the situation in Ukraine, surging raw material and resource prices and rising prices as sources of an uncertain outlook. - FY2023-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy showed signs of recovery as social and economic activity moved toward normalization following the easing of activity restrictions associated with COVID-19. However, concerns persisted over the impact of the prolonged situation in Ukraine and surging raw material and energy prices on domestic and overseas economic activity, and the outlook remained uncertain.」
While referring to progress toward normalization of social and economic activity, the report continues to cite the prolonged situation in Ukraine and surging raw material and energy prices as sources of an uncertain outlook. - FY2023-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy was expected to recover as restrictions on activities associated with COVID-19 were eased and progress was made toward normalizing social and economic activity. However, concerns persisted over the impact of the prolonged situation in Ukraine, surging raw material and resource prices and rising prices on domestic and overseas economic activity, and the outlook remained uncertain.」
While referring to progress toward normalization following the easing of activity restrictions, concerns continue over the impact of the situation in Ukraine, surging raw material and resource prices and rising prices on domestic and overseas economies. - FY2022WorsenedAnnual report
「With no clear prospect of when the COVID-19 pandemic will end, concerns persist over the impact of the prolonged situation in Ukraine, surging raw material and resource prices, the rapid depreciation of the yen and rising prices on domestic and overseas economic activity, and the uncertain outlook is expected to continue.」
In addition to the pandemic, the situation in Ukraine, raw material and resource prices and the depreciation of the yen, rising prices have been identified as a concern, expanding the uncertainty surrounding the business environment. - FY2022-Q3WorsenedAnnual report
「During the third quarter of the fiscal year, as the impact of COVID-19 continued, concerns persisted over the impact of the prolonged situation in Ukraine, surging resource and raw material prices and the rapid depreciation of the yen on domestic and overseas economic activity, and the outlook remained uncertain.」
In addition to the continuing pandemic, the prolonged situation in Ukraine and surging resource and raw material prices, the rapid depreciation of the yen has been identified as a concern, broadening the sources of uncertainty in the business environment. - FY2022-Q2WorsenedAnnual report
「During the second quarter of the fiscal year, as the impact of COVID-19 continued for an extended period, concerns persisted over the impact of heightened tensions surrounding Ukraine and surging resource and raw material prices on domestic and overseas economic activity, and the outlook remained uncertain.」
In addition to the existing uncertainty caused by the prolonged pandemic, heightened tensions surrounding Ukraine and surging resource and raw material prices have been identified as new concerns, broadening the sources of uncertainty in the business environment. - FY2022-Q1RestatedAnnual report
「During the first quarter of the fiscal year, as the impact of COVID-19 continued for an extended period, concerns persisted over the impact of infection trends, including variants, on domestic and overseas economic activity, and the outlook remained uncertain.」
The prolonged COVID-19 pandemic and the impact of infection trends, including variants, on domestic and overseas economies continue to be identified as factors contributing to an uncertain outlook. - FY2021RestatedAnnual report
「With no clear prospect of when the COVID-19 pandemic will end, concerns persist over the impact of infection trends on domestic and overseas economic activity and other factors, and the uncertain outlook is expected to continue.」
The prolonged COVID-19 pandemic and its impact on domestic and overseas economies continue to be cited for the full fiscal year as sources of an uncertain outlook. - FY2021-Q3RestatedAnnual report
「During the third quarter of the fiscal year, Japan's economy was in a severe condition as the prolonged impact of COVID-19 weakened corporate earnings and personal consumption. In addition, concerns persisted over the impact of infection trends on domestic and overseas economic activity, and the outlook remained uncertain.」
The prolonged COVID-19 pandemic, weakness in corporate earnings and personal consumption, and the impact on domestic and overseas economies continue to be cited as sources of an uncertain outlook. - FY2021-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy was in a severe condition as the global spread of COVID-19 caused corporate earnings and personal consumption to deteriorate. In addition, concerns persisted over the impact of a prolonged spread of the infection on domestic and overseas economic activity, and the outlook remained uncertain.」
The deterioration in corporate earnings and personal consumption caused by the prolonged COVID-19 pandemic, together with its impact on domestic and overseas economic activity, continues to be identified as a factor contributing to an uncertain outlook. - FY2021-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy was in a severe condition as the global spread of COVID-19 caused corporate earnings and employment conditions to deteriorate. In addition, concerns persisted over the impact of a prolonged spread of the infection on domestic and overseas economic activity, and the outlook remained uncertain.」
The deterioration in corporate earnings and employment conditions caused by COVID-19, together with the impact of a prolonged spread of the infection on domestic and overseas economies, continues to be identified as a factor contributing to an uncertain outlook. - FY2020RestatedAnnual report
「During the fiscal year, Japan's economy remained on a moderate recovery track, supported by improvements in employment and income conditions and corporate earnings. However, in addition to developments in trade issues and the slowdown in the Chinese economy, the global spread of COVID-19 was having a serious impact on domestic and overseas economic activity, and the outlook remained uncertain.」
The impact of trade issues, the Chinese economy and COVID-19 on domestic and overseas economies, together with the uncertain outlook, continues to be cited for the full fiscal year. - FY2020-Q3WorsenedAnnual report
「During the third quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by improvements in employment and income conditions and corporate earnings. However, in addition to developments in trade issues and the slowdown in the Chinese economy, the global spread of COVID-19 was having a serious impact on domestic and overseas economic activity, and the outlook remained uncertain.」
In addition to the existing concerns over trade issues and the slowdown in the Chinese economy, the spread of COVID-19 is described as having a serious impact on domestic and overseas economic activity, intensifying uncertainty surrounding overseas economies. - FY2020-Q2WorsenedAnnual report
「During the second quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by improvements in employment and income conditions and corporate earnings. However, in addition to developments in trade issues and the slowdown in the Chinese economy, concerns persisted over the impact of the global spread of COVID-19 on domestic and overseas economies, and the outlook remained uncertain.」
In addition to the existing concerns over trade issues and the slowdown in the Chinese economy, the impact of the global spread of COVID-19 on domestic and overseas economies has been added as a concern, broadening the sources of uncertainty in the business environment. - FY2020-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by improvements in employment and income conditions and corporate earnings. However, concerns persisted over developments in trade issues and the slowdown in the Chinese economy, and the outlook remained uncertain.」
Developments in trade issues and the slowdown in the Chinese economy continue to be identified as factors contributing to an uncertain outlook. - FY2019-Q3Reorganization of the concerns identifiedAnnual report
「During the third quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, concerns persisted over the impact of developments in trade issues on the global economy and the slowdown in the Chinese economy, and the outlook remained uncertain.」
The basic structure of uncertainty surrounding overseas economies remains unchanged. The concerns have been reorganized from the previous quarter's list, including US trade issues and the UK's withdrawal from the EU, to developments in trade issues and the slowdown in the Chinese economy. - FY2019-Q2Reorganization of the concerns identifiedAnnual report
「During the second quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, concerns persisted over the impact of US trade issues on the global economy, the slowdown in the Chinese economy and developments related to the UK's withdrawal from the EU, and the outlook remained uncertain.」
The basic structure of uncertainty surrounding overseas economies remains unchanged. US trade issues, the slowdown in the Chinese economy and the UK's withdrawal from the EU are listed as concerns, while the specific items have changed from the foreign exchange market and other factors cited in the previous quarter. - FY2019-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, concerns persisted over the impact of US trade issues on the global economy and developments in the Chinese and emerging-market economies, and the outlook remained uncertain.」
The uncertainty surrounding overseas economies continues to be attributed to concerns over US trade issues and developments in China and emerging markets. - FY2018RestatedAnnual report
「Japan's economy is expected to recover moderately, but overseas economies remain unstable, and the uncertain outlook is expected to continue.」
The instability of overseas economies and the uncertain outlook continue to be identified as business-environment concerns. - FY2018-Q3RestatedAnnual report
「During the third quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, concerns persisted over the impact of US trade and monetary policies, developments in the Chinese and emerging-market economies and rising geopolitical risks, and the outlook remained uncertain.」
Overseas economies, developments in China and emerging markets, US policy and geopolitical risks continue to be identified as factors contributing to an uncertain outlook. US policy is now specified as trade and monetary policy, but the basic risk structure remains unchanged. - FY2018-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, concerns persisted over developments in the Chinese and emerging-market economies, the impact of US policy management and rising geopolitical risks, and the outlook remained uncertain.」
Developments in the Chinese and emerging-market economies, US policy management and geopolitical risks continue to be identified as factors contributing to an uncertain outlook. - FY2018-Q1RestatedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings. However, the outlook remained uncertain due to the slowdown in the Chinese and emerging-market economies, uncertainty surrounding US policy management and rising geopolitical risks.」
The slowdown in the Chinese and emerging-market economies, uncertainty surrounding US policy management and geopolitical risks continue to be identified as factors contributing to an uncertain outlook. - FY2017Addition of geopolitical risksAnnual report
「During the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings against the backdrop of the Bank of Japan's monetary policy and the government's economic measures. However, concerns persisted over the impact of a slowdown in the Chinese and emerging-market economies, US policy developments, rising geopolitical risks and fluctuations in foreign exchange rates, and the outlook remained uncertain.」
Rising geopolitical risks have been added to the slowdown in overseas economies, US policy developments and foreign exchange fluctuations as factors contributing to an uncertain outlook. - FY2017-Q3RestatedAnnual report
「The outlook remained uncertain as concerns persisted over the impact of a slowdown in the Chinese and emerging-market economies, US policy developments, the UK's withdrawal from the EU and fluctuations in foreign exchange rates.」
The slowdown in overseas economies, US policy developments, the UK's withdrawal from the EU and foreign exchange fluctuations continue to be identified as factors contributing to an uncertain outlook. - FY2017-Q2RestatedAnnual report
「During the second quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions and corporate earnings against the backdrop of the Bank of Japan's monetary policy and the government's economic measures. However, concerns persisted over the impact of a slowdown in overseas economies, particularly China, the UK's withdrawal from the EU, US policy developments and fluctuations in foreign exchange rates, and the outlook remained uncertain.」
The slowdown in overseas economies, the UK's withdrawal from the EU, US policy developments and fluctuations in foreign exchange rates continue to be identified as factors contributing to an uncertain outlook. - FY2017-Q1Concern addedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained on a moderate recovery track, supported by continued improvements in employment and income conditions against the backdrop of the Bank of Japan's monetary policy and the government's economic measures. However, concerns persisted over the impact of a slowdown in overseas economies, particularly China, the UK's withdrawal from the EU, US policy developments and fluctuations in foreign exchange rates, and the outlook remained uncertain.」
The uncertainty caused by the slowdown in overseas economies and foreign exchange fluctuations continues to be highlighted, while the UK's withdrawal from the EU and US policy developments are also listed as concerns. - FY2016-Q3First statedAnnual report
「The outlook remained uncertain as concerns persisted over the impact of a slowdown in overseas economies, particularly China, and fluctuations in foreign exchange rates.」
A slowdown in overseas economies is identified as an external risk.