Uncertainty over the outlook due to the frequent occurrence of record-breaking natural disasters
First written in FY2019-Q2. 2 of 4 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2022-Q1.
Shinto moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 4 of 12 companies on the "Worse" side.
10 other companies' latest entry also says "Materialised".
- FY2022-Q1MaterialisedAnnual report
「Record heavy rains continued in August, causing successive river floods and landslides, mainly in western Japan.」
Record heavy rains accompanied by river floods and landslides actually occurred, mainly in western Japan, and were cited as an environmental factor contributing to the low level of housing starts. - FY2020-Q1MaterialisedAnnual report
「The company continues to provide detailed shipping support for homes damaged by Typhoon No. 15, which made landfall in the Kanto region in September.」
Actual housing damage occurred as a result of Typhoon No. 15, and the company states that it continues to provide shipping support for the damaged homes. - FY2019-Q3DroppedAnnual report
「During the cumulative first 3 quarters, business sentiment in the Japanese economy, which had been on a gradual recovery trend, deteriorated from the beginning of the year. Overseas, concerns about a slowdown in the global economy, led by the United States' protectionist trade policies and China, increased, and the outlook remained uncertain.」
The reference to record natural disasters described in the previous quarter does not appear in this filing. Instead, the factors cited as sources of uncertainty over the outlook are deteriorating business sentiment, US trade policy and concerns over a slowdown in the global economy. - FY2019-Q2First statedAnnual report
「In Japan, record natural disasters occurred one after another in various regions.」
The successive occurrence of record natural disasters in various regions of Japan was identified independently for the first time as a source of uncertainty in the economic environment. The filing does not specify their concrete impact on the company’s business or performance.