Stagnation in the Global and Domestic Economies and Currency Fluctuations
First written in FY2016. 17 of 30 entries say "Restated". Latest entry: 2026-08-05.
Toyo Seikan Group Holdings moved to the "Worse" side of this theme in 2016, 6 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「Meanwhile, the outlook remains uncertain due to unstable international conditions, rising prices and fluctuations in financial markets.」
The Company continued to identify unstable international conditions, rising prices and fluctuations in financial markets as factors contributing to an uncertain outlook. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period under review, Japan's economy continued on a moderate recovery trend as the employment and income environment improved. However, the outlook remained uncertain due to unstable international conditions, rising prices, and fluctuations in financial markets, among other factors.」
While recognising the economy's moderate recovery, the company continued to cite uncertainty about the outlook arising from unstable international conditions, rising prices, and fluctuations in financial markets. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period under review, Japan's economy continued on a moderate recovery trend as the employment and income environment improved. However, the outlook remained uncertain due to unstable international conditions, rising prices, and sharp fluctuations in foreign exchange rates, among other factors.」
While recognising the economy's moderate recovery, the company continued to cite uncertainty about the outlook arising from unstable international conditions, rising prices, and foreign exchange fluctuations. - FY2024RestatedAnnual report
「During the consolidated fiscal year under review, Japan's economy continued on a moderate recovery trend as the impact of COVID-19 eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to unstable international conditions, rising prices, and sharp fluctuations in foreign exchange rates.」
While recognising the easing impact of COVID-19 and the economic recovery, the company continued to cite unstable international conditions, rising prices, and sharp foreign exchange movements as sources of uncertainty about the outlook. - FY2024-Q3ReframedAnnual report
「During the cumulative third quarter of the fiscal year under review, Japan's economy continued on a moderate recovery trend as the impact of COVID-19 eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to unstable international conditions and rising prices, among other factors.」
While indicating that the impact of COVID-19 is easing and the economy continues to recover, the company cited unstable international conditions and rising prices as sources of uncertainty about the outlook. - FY2024-Q1ReframedAnnual report
「During the cumulative first quarter of the fiscal year under review (1 April 2023 to 30 June 2023), Japan's economy showed signs of recovery as the impact of COVID-19 eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to the protracted situation in Ukraine, rising prices, and sharp fluctuations in foreign exchange rates.」
While maintaining its view that the impact of COVID-19 is easing and economic and social activity is normalising, the company cites the protracted situation in Ukraine, rising prices, and sharp fluctuations in foreign exchange rates as sources of uncertainty about the outlook. - FY2023RestatedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed signs of recovery as the impact of COVID-19 gradually eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to the protracted situation in Ukraine and sharp fluctuations in raw material and energy prices and foreign exchange rates.」
While recognising the easing impact of COVID-19 and the normalisation of the economy, the company continued to cite uncertainty about the outlook arising from the situation in Ukraine, raw material and energy prices, and sharp fluctuations in foreign exchange rates. - FY2023-Q3ReframedAnnual report
「During the cumulative third quarter of the fiscal year under review (1 April 2022 to 31 December 2022), Japan's economy showed signs of recovery as the impact of COVID-19 gradually eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to the protracted situation in Ukraine and sharp fluctuations in raw material and energy prices and foreign exchange rates.」
While indicating the normalisation of the economy and recovery in economic activity amid the pandemic, the company revised its expression of the outlook risk from “the yen's rapid depreciation” to “sharp fluctuations in foreign exchange rates” and continued to cite the protracted situation in Ukraine and fluctuations in raw material and energy prices. - FY2023-Q2RestatedAnnual report
「However, the outlook remains uncertain due to soaring raw material and energy prices, the yen's rapid depreciation, and the protracted situation in Ukraine.」
While noting that the impact of COVID-19 has eased and economic and social activity is normalising, the company continues to cite the uncertainty caused by soaring raw material and energy prices, the yen's rapid depreciation, and the protracted situation in Ukraine. - FY2023-Q1ReframedAnnual report
「During the cumulative first quarter of the fiscal year under review (1 April 2022 to 30 June 2022), Japan's economy showed signs of recovery as the impact of COVID-19 gradually eased and economic and social activity moved toward normalisation. However, the outlook remained uncertain due to soaring raw material and energy prices, the yen's rapid depreciation, and the protracted situation in Ukraine.」
While the assessment shifted from stagnation caused by COVID-19 to the normalisation of economic and social activity and an economic recovery, soaring raw material and energy prices, the yen's rapid depreciation, and the protracted situation in Ukraine were identified as sources of uncertainty about the outlook. - FY2022WorsenedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed some signs of recovery. However, the outlook remained uncertain due to concerns about a resurgence of COVID-19 infections and the impact of the situation in Ukraine and other factors.」
In addition to the uncertainty caused by the pandemic, the impact of the situation in Ukraine and other factors is identified as a new source of uncertainty. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, from 1 April 2021 to 31 December 2021, the Japanese economy remained in a difficult situation. Although some signs of recovery were seen, the outlook remained uncertain as there was no clear prospect of COVID-19 coming under control.」
While acknowledging some signs of recovery, the company continues to view the economic outlook as uncertain, as there is still no clear prospect of the COVID-19 pandemic subsiding. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, from 1 April 2021 to 30 September 2021, the Japanese economy remained in a difficult situation due to the impact of COVID-19, although some signs of recovery were seen.」
The company continues to recognize that, although some recovery is evident amid the impact of COVID-19, difficult economic conditions persist. - FY2021-Q3ReframedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, from 1 April 2020 to 31 December 2020, the Japanese economy remained in a difficult situation, although some signs of recovery were seen due to the effects of various policies addressing the spread of COVID-19.」
The description of the economic environment amid COVID-19 shifted to indicate some recovery due to various policies while stating that difficult conditions continued. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, from 1 April 2020 to 30 September 2020, the Japanese economy remained in a difficult situation as corporate earnings deteriorated due to the impact of COVID-19.」
The company continues to describe deteriorating corporate earnings and a difficult economic environment due to COVID-19. It states that there are no new or material changes in the risks related to its business and other activities. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, from 1 April 2020 to 30 June 2020, the Japanese economy remained in an extremely difficult situation as corporate earnings and the employment and income environment deteriorated due to the impact of COVID-19.」
The description shifted from general concerns about economic stagnation and foreign exchange movements to stating that corporate earnings and the employment and income environment had actually deteriorated due to COVID-19, leaving the economic environment extremely difficult. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there are no new business or other risks and that there have been no material changes to the risks described in the previous fiscal year. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, the Japanese economy remained on a moderate recovery trend, supported by improvements in the employment and income environment, although exports and production showed weakness. However, the outlook remains uncertain due to concerns over the effects of overseas trade issues and developments in the financial and capital markets.」
The company continues to describe economic conditions as being on a moderate recovery trend while noting uncertainty over the outlook due to overseas trade issues and developments in the financial and capital markets. - FY2020-Q1RestatedAnnual report
「However, the outlook remains uncertain due to concerns over the effects of overseas trade issues and developments in the financial and capital markets.」
The company continues to describe economic conditions as being on a moderate recovery trend while noting uncertainty over the outlook due to overseas trade issues and developments in the financial and capital markets. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there are no new business or other risks and that there have been no material changes to the risks described in the previous fiscal year. - FY2019-Q2ReframedAnnual report
「Although economic conditions remained on a moderate recovery trend, with improvements in the employment and income environment and corporate earnings, the outlook remains uncertain due to concerns over the effects of a series of natural disasters, overseas trade issues and developments in the financial and capital markets.」
The wording shifted from a focus on concerns about an economic recession or stagnation to indicating a moderate economic recovery while highlighting uncertainty over the outlook due to natural disasters, overseas trade issues and developments in the financial and capital markets. The company stated that there were no material changes in the risks related to its business and other activities. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there are no new business or other risks and that there have been no material changes to the risks described in the previous fiscal year. - FY2018RestatedAnnual report
「A recession or stagnation in the global and Japanese economies, the progress of the declining birthrate and aging population, the resulting weakness in personal consumption and foreign exchange movements may lead to lower net sales and profits.」
Economic conditions, the declining birthrate and aging population, personal consumption and foreign exchange movements continue to be described as business risks. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there are no new business or other risks and that there have been no material changes to the risks described in the previous fiscal year. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there are no new business or other risks and that there have been no material changes to the risks described in the previous fiscal year. - FY2017MaterialisedAnnual report
「Net sales amounted to ¥779.469 billion, down 2.8% from the previous fiscal year, as sales of packaging machinery and equipment and beverage containers remained sluggish and the stronger yen reduced the yen-denominated sales of overseas subsidiaries.」
Among economic and foreign exchange risks, the decline in the yen-denominated sales of overseas subsidiaries caused by the stronger yen was reflected in full-year results. - FY2017-Q3MaterialisedAnnual report
「Net sales amounted to ¥588.614 billion, down 3.4% year on year, as sales of packaging machinery and equipment and beverage containers remained sluggish and the stronger yen reduced the yen-denominated sales of overseas subsidiaries.」
The impact of the stronger yen was reflected in the nine-month cumulative results as a decline in the yen-denominated sales of overseas subsidiaries, contributing to lower net sales. - FY2017-Q2MaterialisedAnnual report
「Net sales amounted to ¥402.591 billion, down 3.0% year on year, due to lower sales of packaging machinery and equipment and beverage containers, as well as the impact of a stronger yen.」
The stronger yen was reflected in results as one factor behind the 3.0% year-on-year decline in first-half net sales. - FY2017-Q1MaterialisedAnnual report
「Ordinary profit was ¥10.694 billion, down 7.6% year on year, due to the recognition of foreign exchange losses on foreign-currency-denominated receivables and payables, including foreign-currency-denominated loans to overseas subsidiaries,」
Foreign exchange losses of ¥3.980 billion on foreign-currency-denominated loans to overseas subsidiaries and other items were actually recognized as a foreign exchange risk. - FY2016First statedAnnual report
「A recession or stagnation in the global and Japanese economies, the resulting weakness in personal consumption and foreign exchange movements may lead to lower net sales and profits.」
Economic conditions, personal consumption and foreign exchange movements are cited as factors that could reduce results.