Uncertainty over the Economic Outlook Due to US-China Trade Tensions and Protectionism
First written in FY2019-Q1. 11 of 20 entries say "Restated". Latest entry: 2026-10-15.
Sanki Service moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
65 other companies' latest entry also says "Restated".
- 2026-10-15RestatedEarnings
「Although the economy is showing a gradual recovery, it remains affected by price fluctuations, and the outlook continues to be uncertain.」
While referring to the economic recovery, the company continues to identify price fluctuations and uncertainty about the outlook as external risks. - FY2026WorsenedAnnual report
「In the maintenance industry surrounding the Group, the energy-cost environment has remained uncertain, with crude oil prices rising since the beginning of the year against a backdrop including heightened tensions in the Middle East」
In addition to existing price fluctuations and the global situation, heightened tensions in the Middle East and rising crude oil prices have been specifically identified as factors making the energy-cost environment uncertain. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, the economy showed a gradual recovery but remained affected by price fluctuations, and the outlook continued to be uncertain.」
While referring to the gradual economic recovery, the company continues to disclose price fluctuations and uncertainty over the outlook as external-environment risks. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no major economic fluctuations, but sharp price fluctuations continued and the outlook remained uncertain.」
Sharp price fluctuations and uncertainty over the outlook continue to be disclosed as external-environment risks. - FY2024-Q2RestatedAnnual report
「However, the outlook remains uncertain as the impact of an unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continues.」
Although there have been moves toward normalising economic activity, the company continues to cite uncertainty over the outlook arising from the unstable global situation, yen depreciation, soaring resource prices and semiconductor shortages. - FY2024-Q1RestatedAnnual report
「However, the outlook remains uncertain as the impact of an unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continues.」
Although there have been moves toward normalising economic activity, the company continues to cite uncertainty over the outlook arising from the unstable global situation, yen depreciation, soaring resource prices and semiconductor shortages. - FY2023ReframedAnnual report
「However, the outlook remains uncertain as the impact of an unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continues.」
Risk awareness has been reorganised from external-environment risks centred on the existing US-China trade friction to include the unstable global situation, yen depreciation, resource prices and semiconductor shortages. - FY2023-Q3RestatedAnnual report
「Although there have been moves toward normalising economic activity through the easing of restrictions on activities and overseas travel, among other measures, the outlook remains uncertain as the impact of an unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continues.」
While mentioning moves toward normalising economic activity, the company continues to cite uncertainty over the outlook arising from the unstable global situation, yen depreciation, soaring resource prices and semiconductor shortages. - FY2023-Q2RestatedAnnual report
「Although economic activity has shown some recovery due to the easing of restrictions on activities and overseas travel, among other measures, the outlook remains uncertain as the impact of an unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continues.」
While mentioning some recovery in economic activity, the company continues to cite uncertainty over the outlook arising from the unstable global situation, the rapid depreciation of the yen, soaring resource prices and semiconductor shortages, among other factors. - FY2023-Q1WorsenedAnnual report
「Although there have been moves toward normalising economic activity in response to the spread of the novel coronavirus disease, the outlook remains uncertain as the rapid depreciation of the yen, soaring resource prices and semiconductor shortages continue.」
While mentioning moves toward normalising economic activity, the company identifies the rapid depreciation of the yen, soaring resource prices and semiconductor shortages as new factors making the economic outlook uncertain. - FY2022-Q1RestatedAnnual report
「During the three-month period ended [this quarter], the Japanese economy remained in a difficult situation due to the prolonged spread of the novel coronavirus disease. Although an economic recovery is expected as vaccinations progress and various policies take effect, the outlook remains uncertain, with concerns over the spread of highly transmissible variants.」
The prolonged novel coronavirus disease and highly transmissible variants continue to be disclosed as factors making the economic outlook uncertain. - FY2021-Q3WorsenedAnnual report
「During the nine-month period ended [this quarter], the Japanese economy continued to contract, with personal consumption, capital investment and exports falling sharply due to the spread of the novel coronavirus. Although there have been moves toward a phased resumption of economic activity in Japan and overseas, concerns remain over the spread of variants and delays in vaccine rollout, and the outlook remains uncertain.」
In addition to the novel coronavirus, the spread of variants and delays in vaccine rollout have been added as factors of concern for the economic outlook. - FY2020WorsenedAnnual report
「In addition, the outlook remains uncertain due to uncertainty in the global economy arising from US-China trade friction, the impact of the UK's withdrawal from the EU and the spread of the novel coronavirus, among other factors.」
In addition to the existing US-China trade friction and the issue of the UK's withdrawal from the EU, the spread of the novel coronavirus has been explicitly identified as a factor contributing to uncertainty in the global economy. - FY2020-Q3WorsenedAnnual report
「In addition, the outlook remains uncertain due to uncertainty in the global economy arising from US-China trade friction, the impact of the UK's withdrawal from the EU and the spread of the novel coronavirus, among other factors.」
In addition to the existing US-China trade friction and the issue of the UK's withdrawal from the EU, the spread of the novel coronavirus has been added as a factor contributing to uncertainty in the global economy and an uncertain outlook. - FY2020-Q2WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to uncertainty in economic trends resulting from downside risks to the global economy associated with US-China trade friction and the prolonged issue of the UK's withdrawal from the EU.」
In addition to US-China trade friction, the prolonged issue of the UK's withdrawal from the EU and downside risks to the global economy have been cited as factors making the economic outlook uncertain, broadening the scope of external risks. - FY2020-Q1RestatedAnnual report
「Meanwhile, the economic outlook remains uncertain due to concerns over an economic slowdown stemming from the consumption tax increase, the slowdown in the Chinese economy and US-China trade friction, among other factors.」
The consumption tax increase, the slowdown in the Chinese economy and concerns over an economic slowdown stemming from US-China trade friction continue to be disclosed as factors making the economic outlook uncertain. - FY2019RestatedAnnual report
「The economic outlook remains uncertain, with continued concerns over protectionist trade policies by the United States and China, uncertainty in the global economy and volatility in financial markets.」
In addition to the protectionist trade policies of the United States and China, uncertainty in the global economy and volatility in financial markets continue to be cited as factors of concern for the economic outlook. - FY2019-Q3WorsenedAnnual report
「Meanwhile, the economic outlook remains uncertain, with continued concerns over protectionist trade policies by the United States and China, uncertainty in the global economy and volatility in financial markets.」
In addition to the existing US-China trade friction, uncertainty in the global economy and volatility in financial markets have been identified as factors of concern for the economic outlook, broadening the scope of external risks. - FY2019-Q2RestatedAnnual report
「The economic outlook has become uncertain amid heightened tensions and concerns arising from US-China trade friction stemming from the United States' protectionist trade policies.」
The United States' protectionist trade policies and US-China trade friction continue to be cited as external risks making the economic outlook uncertain. - FY2019-Q1First statedAnnual report
「The economic outlook has become uncertain amid heightened tensions and concerns arising from US-China trade friction stemming from the United States' protectionist trade policies.」
The United States' protectionist trade policies and US-China trade friction were first cited as external risks making the economic outlook uncertain. No specific impact on the Group's performance was described.