Factors contributing to instability in the domestic economy, including yen appreciation and falling share prices
First written in FY2016-Q4. 15 of 32 entries say "Restated". Latest entry: FY2026.
Human Metabolome Technologies 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: 40 of 57 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Japan's economy during the consolidated fiscal year was on a moderate recovery trend due to improvements in corporate earnings and employment and income conditions. However, the outlook is expected to remain uncertain because of the risk of a downturn in the domestic and overseas economies resulting from higher prices, the impact of US trade policy, changes in monetary policy in Japan and the United States, and geopolitical risks, mainly in the Middle East.」
While indicating that the domestic economy is on a recovery trend, the disclosure continues to specify concerns about a downturn due to rising prices, US trade policy, changes in monetary policy, and geopolitical risks. - FY2026-H1WorsenedAnnual report
「Japan's economy during the interim consolidated fiscal period was on a moderate recovery trend due to improvements in corporate earnings and employment and income conditions. However, the outlook is expected to remain uncertain because of the risk of a downturn in the domestic and overseas economies resulting from higher prices, the impact of US trade policy, changes in monetary policy in Japan and the United States, and geopolitical risks.」
Although the domestic economy is described as being on a gradual recovery trend, downside risks from rising prices, US trade policy, changes in monetary policy, and other factors were explicitly identified. - FY2025-H1WorsenedAnnual report
「However, the outlook is expected to remain uncertain due to risks of a downturn in the domestic and overseas economies, including the prolonged situation in Ukraine, geopolitical risks in the Middle East, and inflationary pressures resulting from persistently high resource prices and continued labor shortages.」
Although the domestic economy is on a recovery trend, concerns about a downturn due to high resource prices, labor shortages, inflationary pressure, and geopolitical risks continue to grow. - FY2024RestatedAnnual report
「However, concerns continue about the impact of yen depreciation on Japan, a slowdown in the Chinese economy, the prolonged situation in Ukraine, and persistently elevated raw-material and energy prices due to the situation in the Middle East.」
The domestic economy is described as being on a gradual recovery trend, while downside factors such as the depreciation of the yen and a slowdown in the Chinese economy continue to be identified. - FY2024-Q3SoftenedAnnual report
「During the cumulative third-quarter period, Japan's economy entered a moderate recovery trend, with private consumption remaining firm and inbound demand increasing as the legal classification of COVID-19 was changed to Category 5 in May 2023. However, concerns continued about the impact of yen depreciation on Japan, a slowdown in the Chinese economy, the prolonged situation in Ukraine, and persistently elevated raw-material and energy prices due to the situation in the Middle East.」
For the domestic economy, increased private consumption and inbound demand and a gradual recovery trend in the economy were described, while concerns related to the depreciation of the yen and other factors continue. - FY2024-Q2WorsenedAnnual report
「However, concerns continue about the impact of further yen depreciation on Japan, the continuation of global monetary tightening, and persistently elevated raw-material and energy prices due to the prolonged situation in Ukraine.」
For the domestic economy, concerns about the depreciation of the yen, monetary tightening, the situation in Ukraine, and persistently high raw material and energy prices continue. Persistently high prices associated with the situation in the Middle East were also explicitly identified. - FY2024-Q1RestatedAnnual report
「However, concerns continue about the impact of further yen depreciation on Japan, the continuation of global monetary tightening, and persistently elevated raw-material and energy prices due to the prolonged situation in Ukraine.」
For the domestic economy, uncertainty resulting from the depreciation of the yen, monetary tightening, and persistently high raw material and energy prices continues to be described. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, conditions surrounding COVID-19 gradually improved and economic activity was expected to become more vibrant. However, Japan's economic outlook remained uncertain due to yen depreciation resulting from the Japan-US interest-rate differential, high domestic inflation accompanying persistently elevated resource prices, and concerns about a slowdown in the global economy.」
For the domestic economy, the depreciation of the yen, persistently high resource prices, rising domestic prices, and concerns about a slowdown in the global economy continue to be described as sources of uncertainty. - FY2023-Q2WorsenedAnnual report
「During the cumulative second-quarter period, Japan's economy remained uncertain due to yen depreciation resulting from the Japan-US interest-rate differential, high domestic inflation accompanying persistently elevated resource prices, the renewed spread of COVID-19, and concerns about a slowdown in the global economy.」
For the domestic economy, the depreciation of the yen stemming from the Japan-US interest-rate differential, persistently high resource prices, rising domestic prices, and the resurgence of the pandemic were identified as sources of concern. - FY2023-Q1WorsenedAnnual report
「During the three-month period under review, the Japanese economy remained uncertain, due to concerns about foreign-exchange trends, including the rapid depreciation of the yen, in addition to the resurgence of the COVID-19 pandemic.」
In the domestic economy, the resurgence of the pandemic and foreign-exchange trends, including the rapid depreciation of the yen, were explicitly identified as sources of concern. - FY2022WorsenedAnnual report
「The outlook for the anticipated economic expansion has become more uncertain due to concerns about declining domestic consumption resulting from factors including a weaker yen against the US dollar.」
Concerns about declining domestic consumption due to a weaker yen against the US dollar were explicitly identified as a source of uncertainty for the domestic economy. - FY2022-Q3WorsenedAnnual report
「During the cumulative third-quarter period, the global and Japanese economies continued to be affected by the prolonged impact of COVID-19. In Japan, the fourth state of emergency was declared in urban areas from July to September of the previous year due to the fifth wave, and quasi-emergency measures were imposed from January to March due to the sixth wave, significantly affecting overall economic activity. In addition, geopolitical risks resulting from Russia's invasion of Ukraine in late February and soaring energy and raw-material prices continued to impede economic expansion, increasing uncertainty.」
In the economic environment, including the domestic economy, the pandemic, geopolitical risks, and surging energy and raw material prices are holding back economic growth. - FY2022-Q2WorsenedAnnual report
「High inflation, apparently resulting from a sharp increase in resource and energy demand accompanying the economic recovery and instability in the supply-demand balance caused by supply chain disruptions, is holding back a full recovery in economic activity.」
Instability in domestic and overseas supply-demand balances and high inflation are described as factors hindering a full recovery in economic activity. - FY2022-Q1WorsenedAnnual report
「During the cumulative first-quarter period, the global and Japanese economies were significantly affected by the prolonged impact of COVID-19. A fourth state of emergency was declared mainly in urban areas, and the fifth wave surged, with the number of domestic cases temporarily exceeding 25,000.」
Downward pressure on the domestic economy intensified due to the state of emergency in urban areas of Japan and the increase in the number of infections. - FY2021WorsenedAnnual report
「Private consumption and other areas in Japan have not yet recovered sufficiently.」
It is stated that, although some factors are supporting a recovery in the domestic economy, private consumption and other areas have not recovered sufficiently. - FY2021-Q3RestatedAnnual report
「During the nine-month period of the fiscal year under review, the global and Japanese economies remained in severe conditions as the impact of the COVID-19 pandemic persisted, with a second state of emergency declared in urban areas of Japan.」
It is stated that severe conditions continue in the domestic economy against the backdrop of the prolonged pandemic and the state of emergency. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, the global and Japanese economies continued to be affected by the prolonged impact of COVID-19. Although private consumption and trade showed signs of a partial recovery due to progress in vaccine development and support through fiscal measures, employment conditions remained weak, and overall conditions remained severe.」
The economic environment, including the domestic economy, continues to be described as affected by the prolonged COVID-19 pandemic and weakness in employment conditions. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, the global and Japanese economies continued to be affected by the prolonged impact of COVID-19. Although there were signs of a partial recovery in private consumption and trade, employment conditions remained weak, and overall conditions remained severe.」
The economic environment, including the domestic economy, continues to be described as affected by the prolonged COVID-19 pandemic and weakness in employment conditions. - FY2020WorsenedAnnual report
「During the first half of the period, the US economy remained firm and led the global economy overall, while downward pressure on the domestic economy intensified due in part to the impact of the consumption tax increase. From the second half of the period, the global economy experienced a significant downturn due to the impact of the COVID-19 pandemic.」
Downward pressure from the domestic consumption tax increase and the global economic downturn caused by the COVID-19 pandemic during the second half of the period were described. - FY2020-Q3WorsenedAnnual report
「The Japanese economy had continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions, but economic activity has recently been significantly depressed by the impact of the COVID-19 pandemic, resulting in severe conditions.」
It is stated that the economy shifted from its previous recovery trend to severe conditions, with economic activity recently being significantly depressed by the impact of the COVID-19 pandemic. The impact of external environmental risks has materialized in the domestic economy. - FY2020-Q2RestatedAnnual report
「The Japanese economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions.」
The continued gradual recovery trend in the domestic economy, supported by improvements in corporate earnings and employment conditions, is described. - FY2020-Q1RestatedAnnual report
「The Japanese economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions.」
The continued gradual recovery trend in the domestic economy, supported by improvements in corporate earnings and employment conditions, is described. - FY2019RestatedAnnual report
「In Japan, a gradual recovery trend continued, supported by improvements in corporate earnings and employment conditions.」
The company continues to describe the domestic economy as being on a gradual recovery trend. - FY2019-Q3RestatedAnnual report
「In Japan, a gradual recovery trend continued, supported by improvements in corporate earnings and employment conditions.」
The continued gradual recovery trend in the domestic economy, supported by improvements in corporate earnings and employment conditions, is described. - FY2019-Q2RestatedAnnual report
「In Japan, a gradual recovery trend continued, supported by improvements in corporate earnings and employment conditions.」
The continued gradual recovery trend in the domestic economy, supported by improvements in corporate earnings and employment conditions, is described. - FY2019-Q1RestatedAnnual report
「In Japan, a gradual recovery trend continued, supported by improvements in corporate earnings and employment conditions.」
The continued gradual recovery trend in the domestic economy, supported by improvements in corporate earnings and employment conditions, is described. - FY2018-Q4SoftenedAnnual report
「In Japan, a gradual recovery trend continued, supported by improvements in corporate earnings and employment conditions.」
The domestic economy is described as being on a recovery trend supported by improvements in corporate earnings and employment conditions, with no direct reference to the previous downside concerns. - FY2017-Q4RestatedAnnual report
「In Japan, corporate earnings and employment conditions continued to improve, maintaining a gradual recovery trend. However, concerns about the impact of uncertainty in overseas economies and volatility in financial and capital markets persisted, leaving the outlook for the economy uncertain.」
Concerns about the impact of uncertainty in overseas economies and volatility in financial and capital markets on the domestic economy remain. - FY2017WorsenedAnnual report
「In addition to concerns about a slowdown in exports, yen appreciation, and falling share prices against the backdrop of global economic instability, geopolitical risks, particularly those related to North Korea, have emerged, and conditions are expected to remain uncertain.」
Concerns about a downturn in the domestic economy, including a stronger yen and falling share prices, as well as geopolitical risks centered on the North Korea issue, were identified. - FY2017-Q2RestatedAnnual report
「In Japan, employment and income conditions continued to improve and the economy remained on a moderate recovery trend, but concerns about the impact of instability in interest rates and foreign-exchange markets and developments in overseas economies persisted, leaving the economic outlook uncertain.」
The instability of interest rates and foreign-exchange markets and concerns about the impact of overseas economic developments on the domestic economy continue to be cited. - FY2017-Q1RestatedAnnual report
「In Japan, employment and income conditions continued to improve and the economy remained on a moderate recovery trend, but increasing uncertainty in overseas economies and volatility in financial and capital markets were sources of concern that could weigh on the domestic economy.」
Uncertainty in overseas economies and volatility in financial and capital markets continue to be cited as sources of concern for the domestic economy. - FY2016-Q4First statedAnnual report
「Uncertainty about the outlook for the global economy has resulted in continued instability, including yen appreciation and falling share prices.」
Yen appreciation and falling share prices resulting from uncertainty about the global economy are described as domestic business conditions.