Yen appreciation and uncertainty in overseas economies
First written in FY2017-Q1. 7 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「The company is concerned about the risk of an economic downturn due to the impact of the situation in the Middle East and volatility in financial and capital markets, and recognizes that uncertain conditions are expected to continue.」
In addition to the existing risk of volatility in financial markets and other factors, it cites the impact of the situation in the Middle East as a risk to an economic downturn, adding a new source of uncertainty. - FY2026-H1Uncertainty due to inflation, financial markets and US trade policyAnnual report
「Meanwhile, conditions are expected to remain uncertain due to rising prices, volatility in financial and capital markets, and the impact of US trade policy.」
While the formal business and other risk disclosures state that there have been no material changes, the discussion of the business environment cites rising prices, volatility in financial and capital markets, and US trade policy as sources of uncertainty. - FY2022WorsenedAnnual report
「Although economic activity that had stagnated due to COVID-19 is showing signs of recovery, the company expects high uncertainty to persist for the time being because of the shortage of semiconductor components and geopolitical risks, and recognizes that conditions remain unclear.」
While indicating signs of a recovery in economic activity, it cites shortages of semiconductor components and geopolitical risks as new sources of uncertainty. - FY2021-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described for the previous fiscal year, including the stronger yen and uncertainty in overseas economies. - FY2020WorsenedAnnual report
「The COVID-19 pandemic has continued to restrict economic activity worldwide through lockdowns and other measures. In Japan, the company cannot foresee the complete containment of COVID-19 and recognizes the risk of a further downturn in the economy.」
In addition to the existing uncertainty surrounding overseas economies and foreign exchange rates, it cites the global spread of infection and restrictions on economic activity caused by lockdowns, specifying the risk of an economic downturn. The spread of infection and restrictions on economic activity have occurred as risk events. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described for the previous fiscal year, including the stronger yen and uncertainty in overseas economies. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described for the previous fiscal year, including the stronger yen and uncertainty in overseas economies. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described for the previous fiscal year, including the stronger yen and uncertainty in overseas economies. - FY2018WorsenedAnnual report
「Regarding the future economic outlook, Japan's economy is on a moderate recovery trend due in part to improving employment conditions. However, high uncertainty continues due to a serious labor shortage in Japan, the impact of changes in the new US administration's economic policies, slower economic growth in emerging and resource-producing countries, the UK's planned withdrawal from the EU, the rise of protectionism in various countries and other factors.」
In addition to the existing uncertainty surrounding overseas economies and foreign exchange rates, it cites a serious domestic labor shortage, broadening the range of risk factors. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year. - FY2017WorsenedAnnual report
「In the global economy, the US economy continued to expand moderately as US monetary policy moved toward normalization, but high uncertainty has persisted due to the impact of changes in the new US administration's economic policies, slower economic growth in emerging and resource-producing countries, the UK's planned withdrawal from the EU, instability in East Asia and other factors.」
In addition to existing factors involving US policy, emerging and resource-producing countries, and the UK's withdrawal from the EU, it cites instability in East Asia and the rise of protectionism, broadening the range of sources of uncertainty. - FY2017-Q3RestatedAnnual report
「In the global economy, the US economy continued to expand moderately as US monetary policy moved toward normalization, but high uncertainty has persisted due to the impact of changes in the economic policies of the incoming US administration, slower economic growth in emerging and resource-producing countries, the UK's planned withdrawal from the EU and other factors.」
The company continues to recognize uncertainty in overseas economies and cites changes in the incoming US administration's economic policies as a new source of uncertainty. At the same time, it states that there have been no material changes to business and other risks. - FY2017-Q2RestatedAnnual report
「In addition, the sharp fluctuations in foreign exchange rates since the beginning of the year have further increased uncertainty in the domestic economy. In the global economy, the US economy continued to expand moderately, but high uncertainty has persisted due to slower economic growth in emerging and resource-producing countries, the UK's planned withdrawal from the EU and other factors.」
The company continues to recognize uncertainty related to foreign exchange fluctuations and overseas economies. It states that there have been no material changes to business and other risks. - FY2017-Q1First statedAnnual report
「The domestic economic outlook has become more uncertain, partly due to the impact of the sharp appreciation of the yen following the UK's decision to leave the EU. In the global economy, the US economy continued to expand moderately, but conditions of high uncertainty persisted due to slower economic growth in emerging markets and the UK's withdrawal from the EU, among other factors.」
The appreciation of the yen actually occurred and is stated to have reduced sales after conversion into yen in the mobile data solutions business.