Uncertainty Over the Economic Outlook Due to Slowdowns in Emerging Economies and Other Factors
First written in FY2017-Q3. 16 of 30 entries say "Restated". Latest entry: FY2026.
Nihon Seiko 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: 160 of 184 companies on the "Worse" side.
84 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The global economic outlook is expected to continue recovering moderately overall, but remains uncertain due to heightened geopolitical risks, including conditions in the Middle East, downside risks arising from developments in US trade policy, continued inflation, and the impact of volatility in financial and capital markets.」
While indicating an outlook for economic recovery, conditions in the Middle East, US trade policy, inflation, and financial-market volatility are explicitly identified as sources of uncertainty for the outlook. - FY2025WorsenedAnnual report
「Consumption has been affected by persistently high interest rates resulting from global inflation and monetary tightening in Europe and the United States, as well as rising domestic prices due to elevated raw material and energy prices and the depreciation of the yen. In addition, the outlook remains uncertain due to concerns about the Chinese economy, heightened geopolitical risks including conditions in Ukraine and the Middle East, and the tariff policies of the new US administration.」
In addition to the existing sources of uncertainty, including inflation, monetary tightening and geopolitical risks, the tariff policies of the new US administration are explicitly identified as a new source of uncertainty. - FY2025-H1RestatedAnnual report
「Meanwhile, consumption has been affected by persistently high interest rates resulting from global inflation and monetary tightening in Europe and the United States, as well as rising domestic prices due to elevated raw material and energy prices and the depreciation of the yen. In addition, the outlook remains uncertain due to concerns about the Chinese economy and heightened geopolitical risks, including conditions in Ukraine and the Middle East.」
Uncertainty from inflation, monetary tightening in Europe and the United States, elevated raw material and energy prices, the weaker yen, concerns about the outlook for the Chinese economy, and conditions in Ukraine and the Middle East continues to be noted. - FY2024-Q3WorsenedAnnual report
「Meanwhile, consumption has been affected by persistently high interest rates resulting from global inflation and monetary tightening in Europe and the United States, as well as rising domestic prices due to higher raw material and energy prices and the depreciation of the yen. In addition, concerns about the outlook for the Chinese economy and conditions in Ukraine and the Middle East mean that the outlook remains uncertain.」
Global inflation, monetary tightening, elevated raw material and energy prices, the weaker yen, concerns about the outlook for the Chinese economy, and conditions in the Middle East are explicitly identified as sources of uncertainty. - FY2024-Q2WorsenedAnnual report
「Persistently high interest rates due to continued worldwide inflation and monetary tightening in Europe and the United States, together with higher domestic prices caused by soaring raw material and energy prices and the weaker yen, were affecting consumption. In addition, concerns over the outlook for the Chinese economy and the expansion of international conflicts meant that the domestic and overseas economic outlook remained uncertain.」
In addition to the previously cited inflation, monetary tightening and the situation in Ukraine, concerns over the outlook for the Chinese economy and the expansion of international conflicts were explicitly identified as factors behind uncertainty. It was also stated that inflation was affecting consumption. - FY2024-Q1WorsenedAnnual report
「Although economic activity was moving toward normalization, concerns remained about the impact on the global economy of continued worldwide inflation, monetary tightening centered in Europe and the United States, and geopolitical risks associated with the prolonged situation in Ukraine. The outlook therefore remained uncertain.」
While economic activity was moving toward normalization, continued worldwide inflation, monetary tightening in Europe and the United States, and the prolonged situation in Ukraine were explicitly identified as new factors behind uncertainty. - FY2023-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period (hereinafter, the "third quarter"), Japan's economy showed signs of a moderate recovery as the impact of COVID-19 gradually eased. However, uncertainty continued due to the depreciation of the yen, persistently high energy and raw material prices associated with the prolonged situation in Ukraine, supply-side constraints, and volatility in financial and capital markets.」
Although the impact of infectious diseases gradually eased and the economy showed signs of recovery, uncertainty due to the weaker yen, persistently high energy and raw material prices, supply constraints, and financial market volatility continued. - FY2023-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period (hereinafter, the "second quarter"), Japan's economy showed signs of a moderate recovery as the impact of COVID-19 gradually eased. However, uncertainty continued due to the rapid depreciation of the yen, rising energy and raw material prices associated with the prolonged situation in Ukraine, supply-side constraints, and volatility in financial and capital markets. The business environment surrounding the Group remained on a recovery trend in manufacturing as socioeconomic activity normalized, but disruptions to logistics caused by semiconductor shortages and China's zero-COVID policy began to interfere with operations in sectors including automobiles.」
Although the impact of infectious diseases eased and the economy recovered, the rapid depreciation of the yen, rising energy and raw material prices, supply constraints, financial market volatility, semiconductor shortages, and logistics disruptions caused by China's zero-COVID policy were explicitly identified as factors behind uncertainty and operational disruption. - FY2023-Q1WorsenedAnnual report
「Uncertainty continued due to lockdowns in major Chinese cities under the zero-COVID policy, soaring energy and raw material prices associated with the prolonged situation in Ukraine, supply-side constraints, and volatility in financial and capital markets.」
Lockdowns in major Chinese cities, the situation in Ukraine, soaring energy and raw material prices, and supply constraints were explicitly identified as factors behind uncertainty in the economic and business environment. - FY2022WorsenedAnnual report
「The outlook is expected to continue recovering as economic and social activity moves toward normalization, supported by the effects of various policies and improvement in overseas economies. However, the outlook remains uncertain due to the impact of infectious diseases, including new variants, on domestic and overseas economies, soaring crude oil and raw material prices caused by increased geopolitical risks, volatility in financial and capital markets, and supply-side constraints.」
In addition to the previously cited infectious diseases and economic uncertainty, geopolitical risks, soaring crude oil and raw material prices, and supply constraints were explicitly identified as factors behind uncertainty. - FY2022-Q3WorsenedAnnual report
「The outlook is expected to continue recovering as economic and social activity moves toward normalization, supported by the effects of various policies and improvement in overseas economies. However, the outlook remains uncertain due to the impact of infectious diseases, including new variants, on domestic and overseas economies, supply-side constraints, inventory adjustments by major customers, and soaring crude oil and raw material prices.」
While indicating expectations for an economic recovery, infectious diseases including new variants, supply-side constraints, inventory adjustments by major customers, and soaring crude oil and raw material prices were explicitly identified as new factors behind uncertainty. - FY2022-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period (hereinafter, the "second quarter"), Japan's economy continued to show signs of recovery, but remained challenging due to the impact of COVID-19. The outlook is expected to continue recovering, supported by the effects of various policies and improvement in overseas economies as measures to prevent the spread of infection are implemented, but remains uncertain due to renewed infections in Southeast Asia, the impact of semiconductor shortages on supply chains, and soaring crude oil and raw material prices.」
In addition to the previously cited infection-related issues and overseas economies, renewed infections in Southeast Asia, the impact of semiconductor shortages on supply chains, and soaring crude oil and raw material prices were explicitly identified as factors behind uncertainty over the economic outlook. - FY2021RestatedAnnual report
「The global economy is expected to continue showing signs of recovery, but renewed COVID-19 infections are a concern, and challenging conditions are expected to continue. The impact of renewed infections and volatility in financial markets on the economy will need to be closely monitored.」
While indicating expectations for an economic recovery, continued uncertainty over the outlook due to renewed infections and volatility in financial markets was cited. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period (hereinafter, the "third quarter"), various measures were implemented against COVID-19 and economic activity showed signs of recovery, but infections began spreading again and the outlook remained uncertain. Overseas, restrictions on economic activity due to renewed infections and volatility in financial and capital markets were expected to keep the economic outlook challenging.」
Although economic activity showed signs of recovery in Japan and overseas, the spread of infections, restrictions on economic activity, and volatility in financial and capital markets continued to be cited as factors behind uncertainty over the economic outlook. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period (hereinafter, the "second quarter"), Japan's economy deteriorated as socioeconomic activity was restricted by the impact of COVID-19, and the outlook remained uncertain. Overseas, restrictions on economic activity due to COVID-19 and volatility in financial and capital markets were expected to keep the economic outlook challenging.」
Restrictions on economic activity in Japan and overseas due to COVID-19, and volatility in financial and capital markets, continued to be cited as factors making the economic outlook uncertain and challenging. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period (hereinafter, the "first quarter"), Japan's economy deteriorated rapidly as a state of emergency was declared to combat COVID-19, restricting socioeconomic activity, including through calls to refrain from going out. The outlook remained uncertain even after the state of emergency was lifted. Overseas, economic activity restrictions due to COVID-19 and volatility in financial and capital markets were expected to keep the economic outlook challenging.」
The rapid deterioration of the domestic economy due to COVID-19, overseas restrictions on economic activity, and volatility in financial and capital markets continued to be cited as factors behind uncertainty over the economic outlook. - FY2020WorsenedAnnual report
「The global economy had been weakening due to the slowdown in the Chinese economy caused by U.S.-China trade friction and the UK's EU withdrawal issue, but is now slowing sharply due to the impact of COVID-19 and falling crude oil prices. The outlook also remains uncertain as countries around the world implement emergency measures to address the spread of COVID-19.」
In addition to the previously cited trade issues and slowdown in the Chinese economy, the sharp economic slowdown caused by COVID-19 and falling crude oil prices was explicitly identified. - FY2020-Q3RestatedAnnual report
「Overseas, the outlook remained uncertain due to developments surrounding trade issues, the slowdown in the Chinese economy, and other uncertainties surrounding overseas economies.」
Trade issues, the slowdown in the Chinese economy, and uncertainty surrounding overseas economies continued to be cited as factors behind uncertainty over the economic outlook. - FY2020-Q2WorsenedAnnual report
「Overseas, the outlook remained uncertain due to the impact of rising tensions over trade issues on the global economy, the slowdown in the Chinese economy, and other uncertainties surrounding overseas economies.」
In addition to developments in the previously cited trade issues, rising tensions over trade issues and the slowdown in the Chinese economy were explicitly identified, indicating greater uncertainty surrounding overseas economies. materialized is true. - FY2020-Q1RestatedAnnual report
「Overseas, the outlook remained uncertain due to the impact of developments in trade issues on the global economy, the slowdown in the Chinese economy, and other uncertainties surrounding overseas economies.」
Trade issues, the slowdown in the Chinese economy, and uncertainty surrounding overseas economies continued to be cited as factors behind uncertainty over the economic outlook. - FY2019RestatedAnnual report
「Overseas, the outlook remained uncertain due to the impact of developments in trade issues on the global economy, the slowdown in the Chinese economy, and other uncertainties surrounding overseas economies.」
Trade issues, the slowdown in the Chinese economy, and uncertainty surrounding overseas economies continued to be cited as factors behind uncertainty over the economic outlook. - FY2019-Q3RestatedAnnual report
「Overseas, the outlook remained uncertain due to the impact of developments in trade issues on the global economy, uncertainty surrounding the outlook for the Chinese economy and other overseas economies, and volatility in financial and capital markets.」
Trade issues, the outlook for the Chinese economy, uncertainty surrounding overseas economies, and volatility in financial and capital markets continued to be cited as factors behind uncertainty over the economic outlook. - FY2019-Q2WorsenedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to policy uncertainty, volatility in financial and capital markets, and developments in trade issues.」
Uncertainty over the overseas economic outlook continued to be cited, with developments in trade issues explicitly added to the previously cited policy uncertainty and financial and capital market volatility. - FY2019-Q1RestatedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to economic uncertainty and volatility in financial and capital markets.」
Although overseas economies were recovering moderately, economic uncertainty and volatility in financial and capital markets continued to be cited as factors behind an uncertain outlook. - FY2018RestatedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to economic uncertainty and volatility in financial and capital markets.」
Economic uncertainty and volatility in financial and capital markets continued to be cited as factors behind uncertainty over the overseas economic outlook. - FY2018-Q3RestatedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to the outlook for China and other emerging Asian economies, the impact of policy uncertainty, and volatility in financial and capital markets.」
Uncertainty over the economic outlook due to emerging Asian economies, including China, policy uncertainty and volatility in financial and capital markets continued to be cited. - FY2018-Q2RestatedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to the outlook for China and other emerging Asian economies, the impact of policy uncertainty, and volatility in financial and capital markets.」
Uncertainty over the economic outlook due to emerging Asian economies, including China, policy uncertainty and volatility in financial and capital markets continued to be cited. - FY2018-Q1RestatedAnnual report
「Overseas economies were also recovering moderately, but the outlook remained uncertain due to the outlook for China and other emerging Asian economies, the impact of policy uncertainty, and volatility in financial and capital markets.」
Uncertainty over the economic outlook due to emerging Asian economies, including China, policy uncertainty and volatility in financial and capital markets continued to be cited. - FY2017RestatedAnnual report
「Overseas, concerns remained about the impact of slowing emerging-market economies and uncertainty over the policies of the new U.S. administration. The economic outlook therefore remained uncertain.」
The slowdown in emerging-market economies and policy uncertainty under the new U.S. administration continued to be cited as factors behind uncertainty over the overseas economic outlook. - FY2017-Q3First statedAnnual report
「Overseas, concerns remain about the impact of slowing emerging-market economies, including China, uncertainty surrounding the policies of the new US administration, and the United Kingdom’s EU withdrawal issue. The economic outlook therefore remains uncertain.」
The slowdown in emerging-market economies, including China, US policy uncertainty and the UK’s EU withdrawal issue were first identified as external risks to the economic outlook.