Stagnant Consumer Sentiment and Weak Economic Growth
First written in FY2017-Q3. 3 of 6 entries say "Mitigated", first in FY2018-Q2. Latest entry: FY2022-Q2.
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
66 other companies' latest entry also says "Worsened".
- FY2022-Q2WorsenedAnnual report
「In Japan, GDP remained positive in the second quarter (July–September) as exports increased with the recovery of overseas economies. However, concerns over a renewed spread of COVID-19 infections driven by the Delta variant and the impact of the semiconductor shortage on the global economy heightened uncertainty about the outlook from the summer onward.」
It states that, although GDP remained positive, uncertainty about the outlook for the domestic economy increased because of the renewed spread of infections driven by the Delta variant and the impact of the semiconductor shortage. - FY2021-Q3MitigatedAnnual report
「In Japan, GDP maintained positive growth toward the second half of the year, following its turn to quarter-on-quarter growth in the second quarter.」
Regarding the sharp decline in domestic GDP and weak economic growth that emerged in the previous quarter, the company explained that GDP had turned positive quarter on quarter and that positive growth had been maintained. - FY2021-Q2WorsenedAnnual report
「In Japan, first-quarter GDP fell 7.9% from the previous quarter, the sharpest decline in the postwar period. Although GDP for the second quarter (July–September) was expected to turn positive, concerns about a resurgence of COVID-19 had also emerged, and uncertainty about the outlook had not been dispelled.」
The weakness in economic growth, previously tempered by the recovery trend, has re-emerged in the form of a sharp decline in GDP and concerns about a resurgence of COVID-19. - FY2018-Q3MitigatedAnnual report
「当第３四半期連結累計期間の我が国経済は、雇用・所得環境の改善や、輸出の増加などにより、堅調に推移しました。また、世界経済も米国で景気の着実な回復が続き、中国をはじめとするアジアも景気の持ち直しの動きが見られるなど、総じて穏やかな回復基調となりました。」
In contrast to the previously noted stagnation in consumer sentiment and weak economic growth, the company described domestic and overseas economic conditions as solid and on a recovery trend. - FY2018-Q2MitigatedAnnual report
「The economic environment surrounding the cumulative consolidated period through the second quarter continued to show an economic recovery trend, particularly in developed countries, and was generally on a moderate improving trend.」
Rather than directly reiterating the previously stated stagnation in consumer sentiment and weak economic growth, the company described the economy as recovering and improving, particularly in developed countries. - FY2017-Q3First statedAnnual report
「During the third quarter cumulative period, Japan's economic environment was characterized by stalled consumer sentiment and a lack of momentum in economic growth.」
For the first time, the report explicitly identified stagnant consumer sentiment and weak economic growth as risks in the economic environment.