Risks of Downward Pressure on Economic Activity from Overseas and Economic Conditions
First written in FY2017-Q3. 14 of 30 entries say "Restated". Latest entry: FY2026.
Corona moved to the "Worse" side of this theme in 2020, 2 years before the typical company in this theme (2022).
The whole theme swung hardest in 2020: 25 of 36 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The effects on economic activity and people's lives from higher energy prices and prices of petroleum-derived raw materials due to heightened tensions in the Middle East, difficulties procuring components and rising prices due to foreign exchange movements are expected to continue, and the effects of the trade policies of various countries are also expected to pose a risk of putting downward pressure on the economy.」
In addition to the previous increases in prices and raw material prices, the risk of the Middle East situation, difficulties procuring components, foreign exchange movements and the trade policies of various countries putting downward pressure on the economy has been explicitly identified. - 2026-05-12WorsenedEarnings
「Furthermore, uncertainty over the economic outlook resulting from the trade policies of various countries and other factors continues.」
The Company continued to explicitly identify the risk that trade policies in various countries could weigh on the economy. - FY2025WorsenedAnnual report
「Meanwhile, the effects on economic activity and people's lives from persistently high raw material and energy prices and rising prices are expected to continue, and the effects of the trade policies of various countries are also expected to pose a risk of putting downward pressure on the economy.」
In addition to the previous uncertainty arising from prices and raw material prices, the risk of the trade policies of various countries putting downward pressure on the economy has been explicitly identified as a factor affecting the future economic environment. - FY2025-H1RestatedAnnual report
「During the current interim consolidated accounting period, Japan's economy saw a gradual improvement in employment and income conditions, while the effects of persistently high raw material and energy prices and rising prices on economic activity and people's lives continued.」
The coexistence of improving employment and income conditions with economic downside factors from persistently high raw material and energy prices and rising prices has been identified. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained uncertain, despite progress toward the normalization of economic and social activity following the transition of the novel coronavirus disease (COVID-19) to a Category V infectious disease, as raw material and energy prices and prices remained elevated, changes in consumer behavior accompanying increased outings such as travel and events continued, and the tendency to economize on durable consumer goods persisted.」
While economic and social activity is moving toward normalization, the assessment that the outlook remains uncertain due to rising prices, changes in consumer behavior accompanying increased outings and a greater tendency to economize on durable consumer goods continues. - FY2024-Q2Economic and social activity normalizing alongside greater thrift and changes in consumer behaviorAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy saw progress toward the normalization of economic and social activity following the transition of the novel coronavirus disease (COVID-19) to a Category V infectious disease, while higher raw material and energy prices, rising prices and changes in consumer behavior accompanying increased outings such as travel and events led to an increased tendency to economize on durable consumer goods.」
While economic and social activity is moving toward normalization, higher prices, rising prices, changes in consumer behavior accompanying increased outings and a greater tendency to economize on durable consumer goods have been identified as new downside factors. - FY2024-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy saw progress toward the normalization of economic and social activity following the transition of the novel coronavirus disease (COVID-19) to a Category V infectious disease, while higher raw material and energy prices and rising prices led to an increased tendency to economize on durable consumer goods.」
The assessment is that, while economic and social activity is moving toward normalization, higher raw material and energy prices and rising prices have increased the tendency to economize on durable consumer goods. - FY2023WorsenedAnnual report
「Meanwhile, the impact on economic activity and people's lives from concerns over the procurement of electronic components and other items due to changes in markets and demand structures, rising raw material and energy prices, rising prices and global financial instability is expected to continue.」
In addition to the previous uncertainty arising from the infectious disease and overseas conditions, the effects of electronic component procurement, raw material and energy prices, rising prices and global financial instability are identified as likely to continue. - FY2023-Q2WorsenedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy made progress in balancing infection-control measures with economic and social activity, although the effects of the novel coronavirus disease (COVID-19) remained. Meanwhile, uncertainty surrounding the outlook increased due to the impact of surging raw material prices and rising prices on economic activity and people's lives.」
While progress was made in balancing infection-control measures with economic and social activity, uncertainty surrounding the outlook increased due to the impact of surging raw material prices and rising prices on economic activity and people's lives. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy showed signs of moving toward the normalization of economic and social activity, supported by a decline in novel coronavirus disease (COVID-19) cases and various infection-control measures. Meanwhile, the outlook remained uncertain amid concerns over the impact on economic activity and people's lives from the risk of a resurgence in infections, surging raw material prices and rising prices.」
While recognizing progress toward the normalization of economic and social activity, the assessment identifies as new concerns the effects of a resurgence in infections, surging raw material prices and rising prices on economic activity and people's lives, and characterizes the outlook as uncertain. - FY2022WorsenedAnnual report
「During the current consolidated fiscal year, Japan's economy remained in a severe condition, as economic and social activity in Japan was restricted despite infection-control measures, including the implementation of priority preventive measures to prevent the spread of the disease and the promotion of vaccinations, amid an increase in novel coronavirus disease (COVID-19) cases.」
The assessment deteriorated from the previous quarter's expectations for a recovery in economic and social activity to a continued severe economic environment involving an increase in the number of cases and restrictions on activity. - FY2022-Q3Economic activity recovering alongside concerns over new variantsAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy showed signs of a gradual recovery in economic and social activity as the number of novel coronavirus disease (COVID-19) cases declined, but the outlook remained uncertain amid concerns over the spread of a new variant.」
While the decline in the number of cases and recovery in economic and social activity are noted, the assessment is that the outlook remains uncertain due to concerns over the spread of a new variant. - FY2022-Q2Expectations for a recovery alongside continued uncertainty about the outlookAnnual report
「Although a recovery in the domestic economy is expected, supported by measures including vaccinations, the outlook remains uncertain.」
While expectations for a recovery in the domestic economy through measures including vaccinations are expressed, the assessment is that uncertainty surrounding the outlook remains. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy remained in a severe condition, as the end of the novel coronavirus disease (COVID-19) pandemic could not be foreseen and its effects on personal consumption and corporate activity continued.」
The assessment that the economic environment remains severe, with the end of the infectious disease pandemic not in sight and its effects on personal consumption and corporate activity continuing, remains unchanged. - FY2021WorsenedAnnual report
「As the timing of the end of the novel coronavirus disease pandemic cannot be foreseen, its effects on the economy and corporate activity are expected to continue.」
The risk that the effects on economic and corporate activity will continue because the timing of the end of the infectious disease pandemic cannot be foreseen has been identified. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, socioeconomic activity in Japan, which had stagnated due to the effects of the novel coronavirus disease (COVID-19), gradually resumed, and personal consumption showed signs of a modest recovery, but conditions remained severe.」
While the gradual resumption of socioeconomic activity and modest recovery in personal consumption are noted, the assessment that the economic environment remains severe continues. - FY2021-Q2Economic activity resuming alongside continued severe conditionsAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, socioeconomic activity in Japan, which had stagnated due to the effects of the novel coronavirus disease (COVID-19), gradually resumed, and personal consumption showed signs of a modest recovery, but conditions remained severe.」
While the gradual resumption of socioeconomic activity and modest recovery in personal consumption are noted, the assessment is that the economic environment remains severe. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy remained in an extremely severe condition, as socioeconomic activity stagnated due to the spread of the novel coronavirus disease (COVID-19).」
In addition to the previous uncertainty surrounding overseas conditions and economic factors and the consumption tax increase, the stagnation of socioeconomic activity due to the spread of the infectious disease has been identified as an extremely severe economic environment. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, Japan's economy saw the effects of overseas conditions and economic factors and the consumption tax increase, despite continued improvement in employment and income conditions. In addition, as the spread of the novel coronavirus disease (COVID-19) raised concerns about its impact on the economy, uncertainty surrounding the outlook increased.」
In addition to the previous uncertainty surrounding overseas conditions and economic factors and the consumption tax increase, the spread of the novel coronavirus disease increased uncertainty about the economic outlook. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained uncertain, despite continued improvements in employment and income conditions, amid concerns over the effects of overseas conditions and economic factors and the consumption tax increase.」
The uncertainty surrounding the outlook due to overseas conditions and economic factors and the consumption tax increase continues to be identified as a business environment risk. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy remained uncertain, although corporate earnings remained firm and employment conditions continued to improve, given the potential effects of overseas conditions and economic factors and the consumption tax increase scheduled for October.」
The uncertainty surrounding the outlook, including the effects of overseas conditions and economic factors, continues to be identified as a downside factor for the domestic economy. - FY2019RestatedAnnual report
「Japan's economic outlook is becoming increasingly uncertain, given the potential effects of overseas conditions and economic factors, as well as the impact of rush demand ahead of the consumption tax increase scheduled for October 2019 and its effect on consumer sentiment.」
The uncertainty surrounding the outlook, including the effects of overseas conditions and economic factors, has been reaffirmed as a business environment risk. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained on a recovery track, despite the effects of overseas conditions and economic factors and a series of natural disasters in Japan, supported by steady improvements in corporate earnings and employment conditions and a recovery in personal consumption.」
Instability in overseas conditions and economic factors has been reaffirmed as a downside factor for the domestic economy. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy remained on a recovery track, despite the effects of unstable overseas conditions and economic factors and a series of natural disasters, supported by steady improvements in corporate earnings and employment conditions and a recovery in personal consumption.」
Unstable overseas conditions and economic factors have been reaffirmed as downside factors for the domestic economy. - FY2018RestatedAnnual report
「During the current consolidated fiscal year, Japan's economy remained on a recovery track, despite the effects of unstable overseas conditions and economic factors, as personal consumption and employment conditions showed gradual improvement.」
The effects of unstable overseas conditions and economic factors have been reaffirmed as downside factors for the domestic economy. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy remained on a recovery track, despite the effects of unstable overseas conditions and economic factors, as personal consumption and employment conditions showed gradual improvement.」
The effects of unstable overseas conditions and economic factors have been reaffirmed as downside factors for the domestic economy. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy continued on a gradual recovery track, despite increased uncertainty in financial markets due to unstable overseas conditions and economic factors, supported by a recovery in personal consumption and improvements in employment and income conditions.」
The assessment that instability in overseas conditions and economic factors is contributing to increased uncertainty in financial markets has been reaffirmed. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy continued on a gradual recovery track, despite the effects of uncertainty surrounding overseas conditions and economic factors and fluctuations in financial markets and resource prices, supported by a recovery in personal consumption and continued improvement in employment and income conditions.」
Uncertainty surrounding overseas conditions and economic factors and fluctuations in financial markets and resource prices have been reaffirmed as downside factors for the domestic economy. - FY2017RestatedAnnual report
「During the current consolidated fiscal year, Japan's economy saw downside risks from overseas conditions and economic factors and fluctuations in resource prices, although」
Downside risks to the economy from overseas conditions and economic factors and fluctuations in resource prices have been reaffirmed as risks related to the economic environment for the current period. - FY2017-Q3First statedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy continued on a gradual recovery track, despite downside risks from overseas conditions and economic factors and fluctuations in resource prices, supported in part by a recovery in personal consumption and continued strength in employment and income conditions.」
Downside risks to the economy from overseas conditions and economic factors have been identified for the first time as a risk related to the economic environment for the current period.