Uncertainty over the Economic Outlook Due to US-China Trade Friction and Financial Market Volatility
First written in FY2019. 13 of 24 entries say "Restated". Latest entry: FY2026.
Almetax Manufacturing Co moved to the "Worse" side of this theme in 2024, 4 years after the typical company in this theme (2020).
The whole theme swung hardest in 2019: 15 of 39 companies on the "Worse" side.
11 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The outlook for the global economy remains uncertain due to persistently high raw material prices and energy costs amid continued yen depreciation, developments in US monetary and trade policies, and the prolonged situation in Ukraine and tensions in the Middle East as geopolitical risks.」
Persistently high raw material and energy costs, US monetary and trade policies, the situation in Ukraine, and tensions in the Middle East are identified as factors creating uncertainty over the economic outlook. - 2026-05-15WorsenedEarnings
「また、円安基調の継続に伴う原材料価格やエネルギーコストの高止まりに加え、米国の金融政策や通商政策の動向、地政学的リスクとしてのウクライナ情勢及び中東地域の緊張の長期化など、世界経済の先行きには依然として不透明感が残る状況となりました。」
米国の通商政策、円安、原材料・エネルギーコスト、ウクライナ・中東情勢を先行き不透明要因として記載している。 - FY2026-H1WorsenedAnnual report
「During the interim accounting period, Japan's economy entered a situation requiring continued close monitoring as the outlook became more uncertain due to US tariff policy, while employment and income conditions improved but prices continued to rise and geopolitical risks persisted.」
It states that uncertainty over the economic outlook has increased due to US tariff policy, rising prices, and continuing geopolitical risks. - FY2025WorsenedAnnual report
「Meanwhile, amid the weaker yen, in addition to rising consumer prices caused by surging energy and raw material prices, attention is required regarding tariffs and foreign exchange fluctuations resulting from U.S. policies, as well as conditions in Ukraine and the Middle East, and the outlook for the economy remains uncertain.」
In addition to the previous financial market and geopolitical risks, tariffs resulting from US policy, foreign exchange fluctuations, and soaring energy and raw material prices are identified as factors creating uncertainty over the economic outlook. - FY2025-H1WorsenedAnnual report
「During the interim accounting period, Japan's economy followed a moderate recovery trend, although signs of a pause in the recovery were seen as employment and income conditions improved. Meanwhile, the outlook remained uncertain due to unstable international conditions and persistently high raw material and fuel prices.」
While describing a moderate recovery trend in the economy, it states that uncertainty over the outlook continues due to unstable international conditions and persistently high raw material and fuel prices. - FY2024WorsenedAnnual report
「In addition to major foreign exchange fluctuations and prolonged inflation caused by surging resource prices, concerns over geopolitical risks, including the stagnation of the Chinese economy and conditions in Ukraine and the Middle East, increased, and uncertainty about the outlook continued.」
In addition to the previous uncertainty over the economy and financial markets, prolonged inflation, stagnation in the Chinese economy, and the situations in Ukraine and the Middle East have been explicitly identified as external risks. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter period, economic conditions were gradually recovering as the economy and society normalised following the COVID-19 pandemic, but the outlook for business conditions remained uncertain amid high energy and material costs, the accelerating depreciation of the yen, fluctuations in financial and capital markets, and other factors.」
In addition to volatility in the financial and capital markets, the acceleration of yen depreciation and persistently high energy costs and material expenses continue to create uncertainty over the economic outlook. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter period, the global economy remained in an uncertain outlook, amid surging raw material prices and resulting inflation driven by the prolonged international situation surrounding Ukraine and the weaker yen.」
The prolonged situation in Ukraine, yen depreciation, and elevated raw material prices and inflation continue to create uncertainty over the economic outlook. - FY2024-Q1RestatedAnnual report
「During the first quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes, including uncertainty over the economic outlook and financial market volatility. - FY2023RestatedAnnual report
「During the current fiscal year, Japan's economy showed signs of recovery as restrictions on economic activity associated with the COVID-19 pandemic were eased. However, amid continuing disruptions to global logistics and increases in crude oil and other raw material prices due to the prolonged Russian invasion of Ukraine, overall economic conditions remained severe.」
While restrictions related to the pandemic have been eased, the Company continues to recognize that a severe economic environment persists due to the situation in Ukraine, logistics disruptions, and rising raw material prices, among other factors. - FY2023-Q3RestatedAnnual report
「During the third quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes, including uncertainty over the economic outlook. - FY2023-Q2RestatedAnnual report
「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes, including those related to uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2023-Q1RestatedAnnual report
「During the first quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes, including those related to uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2022WorsenedAnnual report
「In addition, amid continuing disruptions to global logistics and increases in crude oil and other raw material prices, the geopolitical risk of Russia's invasion of Ukraine has emerged, and the business environment surrounding the Company remains unstable.」
In addition to the previous uncertainty over the economic outlook, global logistics disruptions, rising raw material prices, and the geopolitical risk of Russia's invasion of Ukraine have been explicitly identified, broadening the factors contributing to instability in the external environment. - FY2022-Q3RestatedAnnual report
「During the third quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes, including those related to uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2022-Q2RestatedAnnual report
「During the second quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no major risks or significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility, among other factors. - FY2022-Q1RestatedAnnual report
「During the first quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility, among other factors. - FY2021-Q3RestatedAnnual report
「During the third quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2021-Q1RestatedAnnual report
「During the first quarter cumulative period, there were no material changes in the occurrence of major risks among those relating to the business and accounting conditions described in this quarterly report that management recognizes could materially affect the company's financial position, results of operations, or cash flows, or in the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2020WorsenedAnnual report
「However, in the second half of the fiscal year, the economic outlook remained uncertain due to overseas developments, including US-China trade tensions, the economic slowdown following the consumption tax increase, and the impact of the COVID-19 pandemic on the global economy.」
In addition to the previous uncertainty over the economic outlook due to US-China trade tensions and financial market volatility, the post-consumption-tax-increase slowdown and the impact of the COVID-19 pandemic on the global economy have been added, broadening the factors creating uncertainty over the outlook. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no significant changes regarding uncertainty over the economic outlook due to US-China trade tensions and financial market volatility. - FY2019First statedAnnual report
「However, the economic outlook remains uncertain due to concerns over US-China trade tensions and financial market volatility, among other factors.」
For the first time, concerns over US-China trade tensions and financial market volatility are explicitly identified as external risks creating uncertainty over the economic outlook.