Weak domestic demand and private consumption
First written in FY2018-Q1. 7 of 19 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2026.
Shirai Electronics Industrial moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Japan's economy showed signs of a moderate recovery as solid corporate earnings and employment and income conditions continued to improve, although」
Compared with the previous description of a lack of strength in domestic demand and personal consumption, it continues to describe a moderate recovery trend driven by improvements in corporate earnings and employment and income conditions. - FY2025-H1MitigatedAnnual report
「During the current interim consolidated fiscal period, Japan's economy showed signs of a moderate recovery due to improvements in employment and income conditions and growth in inbound demand.」
Compared with the previously noted lack of strength in domestic demand and personal consumption, it describes a moderate recovery in the domestic economy driven by improvements in employment and income conditions and growth in inbound demand. - FY2024-Q2MitigatedAnnual report
「During the second quarter of the current consolidated fiscal year, Japan's economy showed signs of a moderate recovery as services consumption and inbound demand increased against a backdrop of normalized socioeconomic activity.」
Compared with the previously noted lack of strength in domestic demand and personal consumption, the report describes a trend toward moderate recovery driven by increases in services consumption and inbound demand. - FY2023MitigatedAnnual report
「Japan's economy was moving toward normalization of socioeconomic activity as restrictions on activity related to COVID-19 were gradually eased, while」
Compared with the previous restrictions on domestic activity and decline in domestic demand caused by the infectious disease, the report now states that restrictions on activity were being eased and socioeconomic activity was returning to normal. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan's economy showed signs of recovery in personal consumption and corporate capital investment, although」
Compared with the previously noted weakness in domestic demand and personal consumption, the report now states that personal consumption and corporate capital investment showed signs of recovery. - FY2022-Q3MitigatedAnnual report
「During the third quarter of the current consolidated fiscal year, Japan's economy showed signs of recovery as COVID-19 vaccinations were promoted. However, the outlook remained uncertain due to the rapid spread of new variants, persistently high raw-material prices, soaring transportation costs and supply-chain disruption caused by a global semiconductor shortage.」
Although the domestic economy began to recover as vaccinations were promoted, supply disruptions caused by variants, higher costs and semiconductor shortages remained, and the report did not confirm a full recovery in domestic demand and personal consumption. - FY2022-Q2Recovery continues, but inflation and semiconductor shortages create uncertaintyAnnual report
「During the second quarter of the current consolidated fiscal year, Japan's economy continued to show signs of recovery as COVID-19 vaccinations progressed more rapidly than expected. However, concerns over global inflation caused by monetary policy and tight supply-demand conditions, as well as semiconductor shortages transmitted through supply chains, intensified, leaving continued uncertainty over the outlook.」
It states that the domestic economy continued to recover as vaccinations progressed, while uncertainty about the outlook remained due to inflation concerns and worsening semiconductor shortages. - FY2022-Q1MitigatedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan's economy remained difficult due to the impact of COVID-19, but recovery continued as measures to prevent the spread of infection and vaccinations progressed.」
It states that although difficult conditions continued due to the impact of COVID-19, the domestic economy continued to recover as infection-control measures and vaccinations progressed. - FY2021SoftenedAnnual report
「Japan faced extremely difficult conditions due to stagnation in economic activity, mainly in the first half of the period, as a result of the impact of COVID-19. However, the outlook was expected to improve due to the effects of various policy measures and an improving global economy.」
While the domestic economy was extremely difficult, particularly in the first half of the period, it notes expectations of a recovery driven by the effects of various policy measures and improvement in the global economy. - FY2021-Q3WorsenedAnnual report
「The lifting of the state of emergency led to the phased resumption of economic activity, and a gradual economic recovery was expected, but the situation changed completely as a third wave of infections arrived with the progression of the season.」
It states that the domestic economy deteriorated as a third wave of infections reversed expectations of a recovery following the lifting of the state of emergency. - FY2021-Q2SoftenedAnnual report
「Japan's economy was hit by a recession in the first half of the period after COVID-19 spread nationwide and a state of emergency was declared in April. In the second half, however, the economy began a gradual recovery due to the effects of the government's economic measures and the recovery in movement of people.」
It states that after the recession caused by the state of emergency, domestic economic conditions began to recover gradually due to the government's economic measures and the recovery in movement of people. - FY2021-Q1WorsenedAnnual report
「Japan faced extremely difficult economic conditions as the nationwide spread of COVID-19 and the declaration of a state of emergency in April restricted personal life and corporate activities, while restrictions on entry from overseas also contributed to a decline in domestic demand.」
In addition to the previously noted weakness in domestic demand and personal consumption, the nationwide spread of COVID-19, the declaration of a state of emergency and entry restrictions restricted personal life and corporate activities, causing domestic demand to decline. - FY2020WorsenedAnnual report
「In Japan, the prolonged US-China trade tensions adversely affected corporate earnings, particularly in the manufacturing sector. Amid downside risks to the economy, including natural disasters and the consumption tax increase, the nationwide spread of COVID-19 made a deterioration in economic conditions unavoidable.」
In addition to weak domestic demand and personal consumption, it explicitly cited trade tensions, the consumption tax increase and the nationwide spread of COVID-19 as factors driving a deterioration in domestic economic conditions. - FY2020-Q3WorsenedAnnual report
「In Japan, the prolonged US-China trade tensions caused weakness in corporate earnings and production, particularly in the manufacturing sector, to deepen further, heightening concerns about the outlook.」
In addition to the previously noted weakness in domestic demand and personal consumption, weakness in corporate earnings and production, particularly in the manufacturing sector, deepened further, and concerns about the outlook increased. - FY2020-Q2WorsenedAnnual report
「Japan's economy faced various concerns, including the impact of escalating US-China trade tensions and the effect of the consumption tax increase on personal consumption, resulting in growing anxiety about the outlook.」
In addition to the previously noted lack of strength in domestic demand and personal consumption, it identified US-China trade tensions and the impact of the consumption tax increase on personal consumption as concerns, stating that anxiety about the outlook had intensified. - FY2018RestatedAnnual report
「Although corporate earnings and employment and income conditions in Japan improved and the economy continued on a moderate expansion trend, domestic demand and personal consumption remained weak,」
It indicates improvements in corporate earnings, employment and income conditions, as well as a trend toward economic expansion, while continuing to note weakness in domestic demand and personal consumption. - FY2018-Q3RestatedAnnual report
「Although domestic demand and personal consumption remained weak in Japan, corporate earnings, employment conditions and income conditions improved, and the economy continued on a moderate expansion trend.」
It indicates improvements in corporate earnings, employment conditions and income conditions, as well as a trend toward economic expansion, while noting that domestic demand and personal consumption remained weak. - FY2018-Q2RestatedAnnual report
「Although domestic demand and personal consumption remained weak in Japan, corporate earnings and employment conditions improved, and the economy continued on a moderate expansion trend.」
While corporate earnings and employment conditions improved, weakness in domestic demand and personal consumption persisted. - FY2018-Q1First statedAnnual report
「Although Japan's economy maintained a trend of moderate expansion, supported by improvements in employment and income conditions resulting from solid corporate earnings, domestic demand and personal consumption remained weak.」
It states that while the domestic economy was on a moderate expansion trend, weakness in domestic demand and personal consumption persisted.