Impact of Natural Disasters on the Domestic Economy and Construction Machinery Demand
First written in FY2019-Q2. 5 of 6 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2024: 4 of 12 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「However, successive natural disasters and a decline in consumption resulting from the consumption tax increase are a concern as downside risks to the economy.」
Natural disasters continue to be cited as downside factors for the domestic economy, while the decline in consumption resulting from the consumption tax increase is also cited. - FY2020-Q3RestatedAnnual report
「However, successive natural disasters and a decline in consumption resulting from the consumption tax increase are a concern as downside risks to the economy.」
Successive natural disasters continue to be cited as downside factors for the economy. The decline in consumption resulting from the consumption tax increase is also cited as a downside risk. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter, the Japanese economy was affected by natural disasters, including torrential rains caused by typhoons and overflowing rivers, amid continued improvement in corporate earnings and employment conditions.」
It continues to be stated that natural disasters, including torrential rains caused by typhoons and overflowing rivers, affected the domestic economy, reaffirming the emergence of natural-disaster risk. - FY2019RestatedAnnual report
「The construction equipment industry, the main sales destination for the company, was affected domestically by the decline following front-loaded demand associated with the new emissions regulations introduced in September of the year before last, as well as by natural disasters, but revenue was at the same level as in the previous fiscal year.」
It continues to be stated that the domestic construction machinery industry was affected by a reactionary decline following natural disasters and exhaust-emissions regulations. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, Japan’s economy continued on a gradual recovery trend, although it experienced a temporary pause due to natural disasters, as personal consumption recovered and corporate earnings improved. In the construction equipment industry, domestic operations were affected by the decline following front-loaded demand associated with the new emissions regulations introduced in September of the year before last, as well as by natural disasters.」
The company continues to describe a temporary pause in the domestic economy caused by natural disasters and their impact on the domestic construction equipment industry. - FY2019-Q2First statedAnnual report
「During the cumulative second quarter of the current fiscal year, Japan’s economy was affected by a succession of natural disasters, including torrential rain, typhoons and earthquakes, but continued gradual recovery as personal consumption recovered and corporate earnings improved. Overseas, the outlook remained uncertain due to US-China trade friction and the rise of a self-first approach. In the construction equipment industry, domestic operations were affected by the decline following front-loaded demand associated with the new emissions regulations introduced in September of the previous year, as well as by natural disasters.」
The company states that natural disasters, including torrential rain, typhoons and earthquakes, actually affected the domestic economy and the domestic construction equipment industry.