Normalization of Economic Activity, Travel Demand and Inbound Tourism Recovery
First written in FY2023-Q3. 9 of 11 entries say "Restated". Latest entry: 2026-08-13.
2 other companies' latest entry also says "Restated".
- 2026-08-13RestatedEarnings
「Private consumption remained on a gradual recovery path, supported by improvements in employment and income conditions. At the same time, concerns remain over the effects of energy-price trends driven by the increasingly tense situation in the Middle East, higher prices and volatility in financial and capital markets, and it remains difficult to predict the impact on the Japanese economy going forward.」
The company acknowledged the recovery in private consumption while continuing to cite uncertainty arising from energy prices, inflation, the situation in the Middle East and volatility in financial and capital markets. - FY2026RestatedAnnual report
「During the fiscal year (1 April 2025–31 March 2026), Japan's economy continued on a gradual recovery trend, supported by improving employment and income conditions and the effects of various policies. Meanwhile, the prolonged rise in prices is affecting private consumption and poses a downside risk to the economy.」
Recognizes recovery supported by employment, income and policy measures, while citing the impact of higher prices on private consumption as a business-environment factor. - 2026-05-14RestatedEarnings
「The economy remained on a gradual recovery path, supported by improvements in employment and income conditions and the effects of various policies. At the same time, prolonged inflation poses a downside risk to the economy by affecting personal consumption.」
The company cited both the gradual economic recovery and the downside risk to personal consumption from inflation. - FY2026-H1RestatedAnnual report
「Although some areas remained weak due to higher prices, private consumption continued to recover gradually, supported by improving employment and income conditions and the normalization of socioeconomic activity driven by various policies.」
Reconfirms recovery in private consumption through improved employment and income conditions and normalized socioeconomic activity, despite weakness caused by higher prices. - FY2025RestatedAnnual report
「Although some areas remained weak due to higher prices, the economy continued on a gradual recovery trend as employment and income conditions improved.」
Describes economic recovery supported by improving employment and income conditions, while acknowledging weakness caused by higher prices. - FY2025-H1RestatedAnnual report
「The normalization of socioeconomic activity increased demand for services, and signs of a recovery have emerged across the service industry.」
Continues to cite normalized socioeconomic activity and increased service demand as business-environment factors. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter period under review (1 April 2023–31 December 2023), Japan's economy continued to recover gradually as the reclassification of COVID-19 as a Category V infectious disease eased restrictions on activities and advanced the normalization of economic and social activity.」
Continues to describe normalization of economic and social activity and a gradual economic recovery as business-environment factors. - FY2024-Q2RestatedAnnual report
「The reclassification of COVID-19 as a Category V infectious disease eased restrictions on activities, advancing the normalization of economic and social activity, and the economy continued to recover gradually.」
Continues to cite normalization of economic and social activity, increased opportunities to go out and recovering inbound demand as business-environment factors. - FY2024-Q1AdvancedAnnual report
「After COVID-19 was reclassified as a Category V infectious disease on 8 May 2023 and restrictions on activities were lifted, increased opportunities to go out led to signs of a recovery across the service industry, and recovery is expected to continue.」
Identifies the reclassification on 8 May 2023 and lifting of restrictions as concrete progress supporting recovery in the service industry. - FY2023RestatedAnnual report
「As restrictions on activities related to COVID-19 were gradually eased and social life returned to normal, the economy remained on a gradual recovery trend, led mainly by private consumption.」
Continues to cite normalization of economic activity and demand recovery as assumptions underlying the business environment. - FY2023-Q3First statedAnnual report
「Signs of improvement have emerged in services for individuals and in the accommodation and food-service sectors, reflecting the normalization of economic activity, the recovery in travel demand supported by the “National Travel Assistance” program, and the recovery in inbound tourism following the easing of border controls.」
Describes demand recovery driven by normalization of economic activity, the National Travel Assistance program and eased border controls.