Weak domestic economy due to rapid yen appreciation and sluggish personal consumption
First written in FY2017-Q2. 11 of 24 entries say "Restated". Latest entry: FY2026.
Shima Seiki Mfg. moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 151 of 176 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「During the consolidated fiscal year, economic conditions in Japan remained on a gradual recovery trend, supported by improvements in employment and income conditions and increased capital investment. However, the outlook remained uncertain owing to concerns about a slowdown in overseas economies and heightened geopolitical risks resulting from the deteriorating situation in the Middle East.」
The domestic economy was described as being on a gradual recovery trend, supported by improvements in employment and income conditions and capital investment, while uncertainty stemming from overseas factors was also noted. - FY2025WorsenedAnnual report
「Overall, domestic sales volumes of computerised flat knitting machines declined from the previous fiscal year.」
Domestic computerised flat knitting machines shifted from sales growth in the previous fiscal year to a decline in sales volume. - FY2024-Q3RestatedAnnual report
「In Japan, socioeconomic activity moved further toward normalisation, and the economy entered a gradual recovery phase.」
The normalisation of socioeconomic activity and the gradual recovery trend were reaffirmed for the domestic economy. - FY2024-Q2RestatedAnnual report
「In Japan, socioeconomic activity moved further toward normalisation, and the economy was on a gradual recovery trend.」
It was stated that socioeconomic activity continued to normalise and that the economy remained on a gradual recovery trend. - FY2023-Q3RestatedAnnual report
「In Japan, although economic conditions have been gradually recovering as economic activity normalises, the outlook remains uncertain, owing to factors including soaring prices caused by rising resource prices and the weaker yen.」
The domestic economy showed signs of recovery, but soaring prices caused by rising resource prices and the weaker yen, along with uncertainty about the outlook, continued. - FY2023-Q2WorsenedAnnual report
「In Japan, rising resource prices and the weakening yen have increased upward pressure on prices, weighing on consumer sentiment, and the outlook remains uncertain.」
It was stated that inflationary pressure from rising resource prices and the weaker yen had intensified in the domestic economy, while consumer sentiment had deteriorated and uncertainty about the outlook remained. - FY2022-Q3WorsenedAnnual report
「In Japan, although the economy, including personal consumption, shows signs of recovery, higher raw material prices and labour shortages are weighing on it, and the outlook remains uncertain.」
The domestic economy shows signs of recovery, but surging raw material prices and labour shortages have been identified as new headwinds, and uncertainty about the outlook continues. - FY2022-Q2WorsenedAnnual report
「In Japan, manufacturing production has fallen short of expectations due to difficulties procuring semiconductors and other raw materials, while weak personal consumption has persisted, leaving the outlook uncertain.」
The description changed from the previous quarter’s account of firm exports and capital investment to one highlighting weaker manufacturing activity due to difficulties procuring semiconductors and raw materials, together with weak personal consumption. - FY2022-Q1ReframedAnnual report
「In Japan, exports and capital investment have remained firm against a backdrop of the recovery in overseas economies, while sluggish personal consumption has persisted and the outlook remains uncertain.」
The domestic economy changed from a description of broad stagnation caused by the infectious disease to a mixed assessment in which exports and capital investment are firm, while sluggish personal consumption and uncertainty about the outlook remain. - FY2021-Q3WorsenedAnnual report
「In Japan, the recovery in personal consumption has been delayed, deterioration in the employment situation and restrained capital investment have continued, and the outlook remains uncertain.」
The domestic economy remains uncertain, with the delayed recovery in personal consumption, deterioration in the employment situation and restrained capital investment continuing. - FY2021-Q1WorsenedAnnual report
「In Japan, a state of emergency was declared, personal consumption and corporate performance have deteriorated, and the outlook remains uncertain.」
The domestic economy changed from the previous recovery trend to deteriorating personal consumption and corporate performance, together with uncertainty about the outlook, amid the spread of COVID-19. - FY2020-Q2WorsenedAnnual report
「In Japan, worsening global business sentiment has affected the economy, and manufacturing production activity has shown signs of stagnation.」
The description of the domestic economy deteriorated from the previous moderate recovery trend to stagnation in manufacturing production activity due to worsening global business sentiment. - FY2020-Q1WorsenedAnnual report
「In Japan, exports have declined amid concerns about a slowdown in the global economy, while production activity and capital investment have also weakened.」
The description of the domestic economy deteriorated from the previous recovery trend to declining exports and weak production activity and capital investment against a backdrop of concerns about a global economic slowdown. - FY2019RestatedAnnual report
「Although Japan’s economy remains on a moderate recovery trend, uncertainty about the outlook is increasing due to the impact of an unstable global economy.」
While the domestic economy remains on a recovery trend, uncertainty about the outlook due to increasing instability in the global economy continues. - FY2019-Q3RestatedAnnual report
「Although Japan’s economy remains on a moderate recovery trend, with the expansion period approaching the longest on record since the end of World War II, uncertainty about the outlook is increasing due to the impact of an unstable global economy.」
While the domestic economy remains on a moderate recovery trend, the outlook is becoming increasingly uncertain due to the impact of an unstable global economy. - FY2019-Q2RestatedAnnual report
「In Japan, a generally moderate recovery trend continued, with corporate performance improving against a backdrop of a firm global economy.」
The description states that the domestic economy remains on a moderate recovery trend, accompanied by improved corporate performance. - FY2019-Q1RestatedAnnual report
「In Japan, the economic recovery continued, driven by increased exports and production.」
The description states that the domestic economy continues to recover, accompanied by increased exports and production. - FY2018RestatedAnnual report
「In Japan, the recovery trend continued, supported by increased exports and expanded capital investment.」
The description states that the domestic economy remains on a recovery trend, accompanied by increased exports and expanded capital investment. - FY2018-Q3RestatedAnnual report
「In Japan, the economy has remained on a moderate recovery trend, with corporate earnings improving in line with the expansion of overseas economies and capital investment increasing.」
The description states that the domestic economy remains on a moderate recovery trend, accompanied by improvements in corporate earnings and capital investment. - FY2018-Q2RestatedAnnual report
「In Japan, the economy has remained on a moderate recovery trend, with personal consumption showing signs of recovery and overall corporate earnings improving.」
The description states that the domestic economy remains on a moderate recovery trend, accompanied by improvements in personal consumption and corporate earnings. - FY2018-Q1RestatedAnnual report
「In Japan, the economy is on a recovery trend, with improvements in the employment environment and overall corporate earnings.」
The description states that the domestic economy remains on a recovery trend, accompanied by improvements in the employment environment and corporate earnings. - FY2017MitigatedAnnual report
「In Japan, a moderate recovery trend continued, supported by improvements in the employment situation and a recovery in personal consumption.」
The description of the domestic economy for the full fiscal year also cites a moderate recovery trend accompanied by improvements in employment and personal consumption. - FY2017-Q3MitigatedAnnual report
「In Japan, the economy is on a moderate recovery trend, with the employment situation improving and personal consumption also beginning to recover.」
The domestic economy changed from the weakness caused by rapid yen appreciation and sluggish personal consumption described previously to a moderate recovery trend accompanied by improvements in employment and personal consumption. - FY2017-Q2First statedAnnual report
「In Japan, although the employment environment improved, the economy remained weak as the yen appreciated rapidly and sluggish personal consumption persisted.」
The note explicitly identifies the prolonged weakness in personal consumption as a new concern in the domestic economic environment.