Uncertainty over demand stemming from consumer sentiment trends following the consumption tax rate increase
First written in FY2020-Q1. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
25 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「During the current consolidated fiscal year, corporate earnings continued to trend downward and weakness persisted, particularly in manufacturing, due to the impact of US-China trade tensions and the economic downturn resulting from the consumption tax increase.」
The Company continues to identify the economic downturn associated with the consumption tax increase and weakness in manufacturing as factors contributing to uncertainty about the domestic economy. - FY2020-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, corporate earnings continued to trend downward and weakness persisted, particularly in manufacturing, due to the economic downturn resulting from US-China tensions and the consumption tax increase.」
The Company continues to identify the economic downturn associated with the consumption tax increase and weakness in manufacturing as factors contributing to uncertainty about the domestic economy. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, Japan’s economy continued to see improvements in employment and income conditions. However, exports and production of automobiles, transportation equipment and production machinery weakened further, including due to the impact of Typhoon Hagibis and the consumption tax increase.」
The Company continues to identify the impact of the consumption tax increase as a factor behind weakness in the domestic economy and in exports and production related to automobiles and machinery. - FY2020-Q1First statedAnnual report
「Uncertainty about the outlook continued, including trends in consumer sentiment following the consumption tax rate increase.」
The Company has for the first time identified trends in consumer sentiment following the consumption tax rate increase as a factor contributing to uncertainty about the outlook for the domestic economy.