Downside risk to overseas economic conditions
First written in FY2016-Q3. 19 of 32 entries say "Restated". Latest entry: 2026-10-09.
The whole theme swung hardest in 2022: 125 of 168 companies on the "Worse" side.
- 2026-10-09RestatedRevisions to earnings forecasts
「当連結会計年度におけるわが国経済は、中東情勢や自然災害の影響に注視する必要がありましたが、緩やかに回復いたしました。」
外部経済環境について、中東情勢や自然災害への注視が引き続き示された。 - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, Japan's economy recovered gradually despite the continuing effects of U.S. trade policy.」
The disclosure indicates that the domestic economy recovered gradually while the effects of U.S. trade policy remained, reflecting continued recognition of risks relating to the external economic environment. - 2026-04-03RestatedEarnings
「During the interim consolidated accounting period, Japan's economy recovered gradually despite the continuing effects of U.S. trade policy.」
The disclosure that the impact of U.S. trade policy continues was reiterated. - FY2025-H1WorsenedAnnual report
「During the interim accounting period, Japan's economy showed signs of a gradual recovery, supported by improvements in employment and income conditions. However, the outlook remained uncertain due to uncertainty over U.S. policy and rising geopolitical risks.」
While recognizing a gradual recovery, the disclosure identifies uncertainty over U.S. policy and rising geopolitical risks as new factors contributing to uncertainty about the outlook. - FY2024Downside risk to overseas economies amid continued high interest ratesAnnual report
「During the fiscal year, Japan's economy improved gradually, although some areas remained sluggish. Downside risks to overseas economies remained, including the continued high level of interest rates in Europe and the United States, while employment and income conditions in Japan improved.」
The disclosure identifies the continued high level of interest rates in Europe and the United States as a specific factor behind downside risks to overseas economies. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's domestic economy was recovering gradually as socioeconomic activity normalized. However, the outlook remained uncertain due to the prolonged situation in Ukraine, deteriorating conditions in the Middle East, higher resource prices, and inflation caused by the yen's depreciation.」
While recognizing the recovery in the domestic economy, the factors contributing to uncertainty about the outlook continued to be cited and were emphasized, with conditions in the Middle East described as deteriorating rather than merely becoming more tense, and resource prices cited in addition to raw-material prices. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter, Japan's domestic economy was recovering gradually as socioeconomic activity normalized. However, the outlook remained uncertain due to the prolonged situation in Ukraine, heightened tensions in the Middle East, higher raw-material prices, and inflation caused by the yen's depreciation.」
While recognizing a gradual recovery in the domestic economy, the disclosure added heightened tensions in the Middle East, higher raw-material prices, and inflation caused by the yen's depreciation to the previously cited situation in Ukraine, broadening the factors contributing to uncertainty about the outlook. - FY2024-Q1WorsenedAnnual report
「During the cumulative first quarter, Japan's economy was recovering gradually as economic activity normalized following the change in the classification of COVID-19 under the Infectious Diseases Act to Category 5. However, the outlook remained uncertain due to inflation, persistently high energy costs, and the risk of recession caused by global monetary tightening.」
The economy was recovering gradually, while the disclosure explicitly cited inflation, persistently high energy costs, and recession risks caused by global monetary tightening as factors contributing to continued uncertainty about the outlook. - FY2023RestatedAnnual report
「During the fiscal year, Japan's economy was recovering gradually as the classification of COVID-19 under the Infectious Diseases Act was changed to Category 5. However, the outlook remained uncertain due to factors including the yen's depreciation and soaring raw-material and energy prices against the backdrop of the prolonged situation in Ukraine.」
The economy was recovering gradually, while uncertainty about the outlook due to the yen's depreciation, the prolonged situation in Ukraine, and soaring raw-material and energy prices continued. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy was recovering gradually as the classification of COVID-19 under the Infectious Diseases Act was changed to Category 5. However, the outlook remained uncertain, including because of the prolonged situation in Ukraine.」
The economy was recovering gradually, while uncertainty about the outlook caused by the prolonged situation in Ukraine and other factors continued. - FY2022WorsenedAnnual report
「The various production-equipment components we sell include products used in Japan as well as products incorporated into customers' products and exported overseas. Accordingly, our business may be significantly affected not only by economic conditions in Japan but also by a global recession. If domestic or overseas economic conditions deteriorate for any reason, including a prolonged U.S.-China trade conflict, Russia's invasion of Ukraine, environmental issues, or political or economic factors, our business performance and financial condition may be affected.」
In addition to the previously cited uncertainty in overseas economic conditions, the disclosure specifically cites Russia's invasion of Ukraine, the prolonged U.S.-China trade conflict, and domestic and overseas economic downturns caused by political and economic factors. - FY2022-Q3MitigatedAnnual report
「During the cumulative third quarter, Japan's economy showed signs of recovery.」
The assessment changed from the severe economic conditions described through the previous quarter to one in which the domestic economy showed signs of recovery. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy remained in a severe situation due to the novel coronavirus infection, while capital investment showed signs of recovery.」
Severe economic conditions caused by the novel coronavirus infection remained, while capital investment continued to show signs of recovery. - FY2022-Q1MitigatedAnnual report
「During the cumulative first quarter, the severe economic conditions caused by the effects of the novel coronavirus infection were gradually easing, and private consumption also showed signs of recovery.」
The assessment shifted to one in which the severe economic conditions caused by the novel coronavirus infection were gradually easing and private consumption was recovering. - FY2021-Q3Two-speed recoveryAnnual report
「During the cumulative third quarter, Japan's economy showed signs of recovery despite remaining in a severe situation due to the effects of the novel coronavirus infection, although signs of a two-speed economy emerged as weakness increased in some areas.」
While signs of recovery emerged under severe economic conditions, the disclosure was updated to reflect a two-speed economy, with weakness increasing in some areas rather than describing a recovery across the board. - FY2021-Q2Recovery in capital investment amid severe economic conditionsAnnual report
「During the cumulative second quarter, Japan's economy remained in a severe situation due to the effects of the novel coronavirus infection, although capital investment showed signs of recovery.」
The disclosure states that severe economic conditions caused by the novel coronavirus infection continued, while capital investment showed signs of recovery. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy remained in a severe situation due to the effects of the novel coronavirus infection, although private consumption showed signs of recovery.」
The assessment that economic conditions remained severe due to the effects of the novel coronavirus infection, while private consumption showed signs of recovery, continued. - FY2020RestatedAnnual report
「During the fiscal year, Japan's economy remained in a severe situation due to the effects of the novel coronavirus infection, although private consumption showed signs of recovery.」
The disclosure states that the severe economic environment caused by the novel coronavirus infection continued, while private consumption showed signs of recovery. - FY2020-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's economy remained in a severe situation as the rapid deterioration caused by the effects of the novel coronavirus infection continued.」
In addition to the previously cited uncertainty in overseas economies, the rapid deterioration of the domestic economy caused by the effects of the novel coronavirus infection was disclosed, reflecting a more negative assessment of the external economic environment. - FY2020-Q2WorsenedAnnual report
「During the cumulative second quarter, Japan's economy recovered gradually, although exports remained weak and the economy, particularly the manufacturing sector, continued to be in a state of increased weakness. Private consumption showed signs of recovery, supported by improvements in employment conditions.」
Exports remained weak and the economy, particularly the manufacturing sector, continued to weaken further, indicating a more negative assessment of the external economic environment. At the same time, private consumption was described as recovering gradually. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy recovered gradually, although weakness, particularly in exports, persisted.」
The assessment of the external environment continues to be that the domestic economy recovered gradually while weakness, particularly in exports, persisted. - FY2019RestatedAnnual report
「During the fiscal year, Japan's economy recovered gradually as private consumption showed signs of recovery and corporate earnings remained firm at a high level, despite continued weakness, particularly in exports.」
The assessment of the external environment continues to be that the domestic economy recovered gradually while weakness, particularly in exports, remained. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy continued to recover gradually, partly reflecting the effects of various policy measures, although uncertainty in overseas economies and volatility in financial and capital markets remained risks and weakness in exports and production persisted.」
The disclosure notes continued weakness in exports and production in addition to uncertainty in overseas economies and volatility in financial and capital markets, but there was no material change in the risk assessment itself. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy recovered gradually. Private consumption, capital investment, exports and production showed signs of recovery, while corporate earnings and employment and income conditions improved, partly reflecting the effects of various policy measures, despite risks remaining from uncertainty in overseas economies and volatility in financial and capital markets.」
Risks relating to uncertainty in overseas economies and volatility in financial and capital markets continue to be cited. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy remained on a gradual recovery track. Private consumption, capital investment and production showed signs of recovery, while corporate earnings and employment and income conditions continued to improve, despite risks remaining from developments in trade issues, uncertainty in overseas economies and volatility in financial and capital markets, partly reflecting the effects of various policy measures.」
The continued disclosure cites risks from developments in trade issues, uncertainty in overseas economies and volatility in financial and capital markets. - FY2018RestatedAnnual report
「During the fiscal year, Japan's economy recovered gradually. Capital investment, production and consumer prices rose moderately, while private consumption and exports showed signs of recovery. Corporate sentiment, corporate earnings, and employment and income conditions improved, although uncertainty in overseas economies and volatility in financial and capital markets require close attention.」
The need to monitor uncertainty in overseas economies and volatility in financial and capital markets continues to be cited for the full fiscal year. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy recovered gradually. Capital investment, production and consumer prices rose moderately, while private consumption and exports showed signs of recovery. Corporate sentiment, corporate earnings, and employment and income conditions improved, although uncertainty in overseas economies and volatility in financial and capital markets require close attention.」
The need to monitor uncertainty in overseas economies and volatility in financial and capital markets continues to be cited. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy recovered gradually. Private consumption, capital investment, exports and production showed signs of recovery, while corporate earnings and employment and income conditions improved, partly reflecting the effects of various policy measures, despite risks remaining from uncertainty in overseas economies and volatility in financial and capital markets.」
Risks relating to uncertainty in overseas economies and volatility in financial and capital markets continue to be cited. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy continued to face risks from uncertainty in overseas economies and volatility in financial and capital markets. However, private consumption, capital investment, exports and production showed signs of recovery, partly reflecting the effects of various policy measures.」
Risks relating to uncertainty in overseas economies and volatility in financial and capital markets continue to be cited. - FY2017RestatedAnnual report
「During the fiscal year, Japan's economy saw continued downside risks from uncertainty in overseas economies and volatility in financial and capital markets. However, private consumption, capital investment, exports and production showed signs of recovery, partly reflecting the effects of various policy measures.」
Risks to the external economic environment continue to be cited in terms of uncertainty in overseas economies and volatility in financial and capital markets. - FY2016RestatedAnnual report
「During the fiscal year, Japan's economy continued to see improvements in employment and income conditions, partly reflecting the effects of various policy measures, despite remaining downside risks to the economies of China and other emerging Asian countries.」
Downside risks to the economies of China and other emerging Asian countries continue to be cited. - FY2016-Q3First statedAnnual report
「Despite downside risks remaining in overseas economies, employment and income conditions continued to improve, while capital investment showed signs of recovery, partly reflecting the effects of various policy measures. The economy remained on a gradual recovery track.」
States that downside risks to overseas economic conditions remain.