Turmoil in Major Countries’ Financial Markets Triggered by US Policy Rate Hikes
First written in FY2019-Q3. 8 of 11 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
60 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「During the consolidated fiscal year under review, the environment surrounding our Group became more uncertain due to the sharp depreciation of the yen, soaring raw material prices, monetary policies in various countries and ongoing geopolitical risks, although economic growth rates in individual countries showed signs of settling and the environment became more stable.」
Monetary policies in various countries, together with a weaker yen, higher raw material prices and geopolitical risks, continue to be factors contributing to uncertainty over the outlook. - FY2025-H1RestatedAnnual report
「However, uncertainty about the outlook continues due to geopolitical risks, persistently high inflation and other factors.」
Downside economic factors, including persistently high inflation, and uncertainty over the outlook continue to be cited, with no substantive change in the recognition of risks related to monetary tightening and other factors. - FY2024RestatedAnnual report
「Uncertainty about the outlook increased due to global inflation, monetary tightening, stagnation in the Chinese economy and the expansion of geopolitical risks, among other factors.」
Global inflation and monetary tightening policies continue to weigh on the economy. - FY2024-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, the environment surrounding the group remained uncertain, as the US economy remained firm while global inflation, monetary tightening policies and expanding geopolitical risks weighed on the economy.」
Global inflation and monetary tightening policies continued to weigh on the economy, and expanding geopolitical risks added to the uncertainty over the outlook. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter, rising energy and resource prices and consumer prices, together with interest-rate hikes by central banks, mainly in Europe and the United States, affected the real economy and slowed the pace of economic recovery.」
Higher prices and rate-hiking policies by the US and European central banks continue to be cited as factors slowing the economic recovery. - FY2024-Q1RestatedAnnual report
「The environment surrounding the group was characterized globally by persistently high inflation and monetary tightening policies weighing on the economy, with economic growth generally slowing moderately.」
Persistently high global inflation and monetary tightening continue to be cited as factors weighing on the economy. - FY2023-Q3RestatedAnnual report
「In addition, global inflationary pressures and the resulting monetary tightening, among other factors, have become a drag on the economy, and the uncertain outlook has continued.」
Global inflationary pressures and monetary tightening continue to be cited as factors weighing on the economy, with no substantive change in the recognition of risks related to shifts in monetary policy. - FY2023-Q2RestatedAnnual report
「In addition, global inflationary pressures and monetary tightening have become downside factors for the economy, and uncertainty has continued.」
Inflationary pressures and monetary tightening continue to be cited as downside economic factors, with no substantive change in the recognition of risks related to shifts in monetary policy. - FY2023-Q1WorsenedAnnual report
「In addition, inflationary pressures have become more pronounced and major developed countries have moved toward monetary tightening, increasing uncertainty over the economic outlook.」
In addition to the existing risks related to shifts in monetary policy and financial-market volatility, inflationary pressures have become more pronounced and monetary tightening by major developed countries has advanced, increasing uncertainty over the economic outlook. - FY2022ReframedAnnual report
「At present, negative factors for the economy include a shift in US monetary policy, surging resource prices due to the Russia-Ukraine conflict, and restrictions on economic activity under China's "zero-COVID policy."」
The risk has been reframed from the previous focus on financial-market volatility caused by US policy rate hikes as one of several downside economic factors, including a shift in US monetary policy. - FY2019-Q3First statedAnnual report
「The implementation of policy rate hikes caused volatility in the financial markets of the United States and other major countries.」
Volatility in the US and major-country financial markets triggered by US policy rate hikes was identified for the first time this quarter as a standalone external-environment risk.