Demand Fluctuations Driven by Economic Conditions, Consumer Preferences and Capital Investment
First written in FY2016. 14 of 28 entries say "Restated". Latest entry: 2026-08-07.
Teac moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
58 other companies' latest entry also says "Restated".
- FY2026-H1WorsenedAnnual report
「During the interim consolidated fiscal period, Japan's economy was expected to recover gradually, supported by improving employment and income conditions and the effects of various policies. However, the risk of an economic downturn due to the impact of US trade policy has increased. In addition, the continued rise in prices posed a risk of putting downward pressure on Japan's economy through its impact on personal consumption, including through weaker consumer sentiment.」
In addition to the existing caution regarding financial and capital markets and rising prices, the increased risk of an economic downturn due to US trade policy and the impact of rising prices on personal consumption were explicitly identified. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's economy was expected to continue its gradual recovery, supported by improving employment and income conditions and the effects of various policies. However, concerns over the impact of global monetary tightening and the outlook for the Chinese economy meant that a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. Close attention must also be paid to the impact of rising prices, the situation in the Middle East, and fluctuations in financial and capital markets, among other factors.」
In addition to the existing caution regarding monetary tightening, overseas economies, the Chinese economy, rising prices, and financial markets, the situation in the Middle East was explicitly identified as a downside factor. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy was expected to continue its gradual recovery, supported by improving employment and income conditions and the effects of various policies. However, as global monetary tightening and other factors continued, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. Close attention must also be paid to the impact of rising prices and fluctuations in financial and capital markets, among other factors.」
Global monetary tightening, a downturn in overseas economies, rising prices, and fluctuations in financial and capital markets were reconfirmed as economic-environment risks. - FY2024-Q1RestatedAnnual report
「As global monetary tightening and other factors continued, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. Close attention must also be paid to the impact of rising prices and fluctuations in financial and capital markets, among other factors.」
Global monetary tightening, a downturn in overseas economies, rising prices, and fluctuations in financial and capital markets were reconfirmed as economic-environment risks. - FY2023RestatedAnnual report
「During the consolidated fiscal year, Japan's economy showed signs of recovery under the conditions of living with COVID-19, supported by the effects of various policies. However, as global monetary tightening continued, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. Close attention must also be paid to the impact of rising prices, supply-side constraints, and fluctuations in financial and capital markets.」
Global monetary tightening, a downturn in overseas economies, rising prices, supply constraints, and fluctuations in financial and capital markets were reconfirmed as economic-environment risks. - FY2023-Q3WorsenedAnnual report
「During the cumulative third quarter, Japan's economy was expected to recover, supported by the effects of various policies under the conditions of living with COVID-19. However, as global monetary tightening continued, a downturn in overseas economies posed a risk of putting downward pressure on Japan's economy. Close attention must also be paid to the impact of rising prices, supply-side constraints, fluctuations in financial and capital markets, and the spread of infections in China.」
In addition to the existing caution regarding infectious disease, supply constraints and financial markets, global monetary tightening, a downturn in overseas economies, rising prices, and the spread of infections in China were cited as downside factors. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter, Japan's economy was expected to recover gradually, supported by the effects of various policies as the transition to a new stage of living with COVID-19 progressed. However, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, close attention must be paid to downside risks from rising raw-material prices, supply-side constraints, and fluctuations in financial and capital markets.」
The situation in Ukraine, restrictions on economic activity in China, rising raw-material prices, supply constraints, and fluctuations in financial and capital markets continued to be listed as downside factors. - FY2023-Q1WorsenedAnnual report
「During the cumulative first quarter, Japan's economy was expected to recover as economic and social activity normalized with comprehensive measures to prevent the spread of COVID-19 and the effects of various policies. However, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, close attention must be paid to downside risks from rising raw-material prices, supply-side constraints, and fluctuations in financial and capital markets.」
In addition to the existing infectious-disease and economic-environment risks, the prolonged situation in Ukraine, restrictions on economic activity in China, rising raw-material prices, and supply constraints were cited as downside factors. - FY2022WorsenedAnnual report
「As measures to prevent the spread of COVID-19 are implemented, a continued recovery is expected, supported by the effects of various policies and improvements in overseas economies. However, amid uncertainty arising from the situation in Ukraine and other factors, close attention must be paid to downside risks from rising raw-material prices, fluctuations in financial and capital markets, and supply-side constraints.」
In addition to the existing infectious-disease and economic-environment risks, the situation in Ukraine, rising raw-material prices, fluctuations in financial and capital markets, and supply constraints were explicitly identified as downside factors. - FY2022-Q3WorsenedAnnual report
「However, close attention must be paid to downside risks arising from the impact of COVID-19, supply-side constraints, raw-material price trends, and supply-chain impacts. Attention must also be paid to the impact of fluctuations in financial and capital markets, among other factors.」
Infectious disease, supply constraints, raw-material prices, supply-chain impacts, and fluctuations in financial and capital markets were listed as downside factors, expanding the existing caution regarding economic-environment risks. - FY2022-Q2WorsenedAnnual report
「However, close attention must be paid to downside risks arising from supply-chain impacts. Attention must also be paid to developments in the infectious disease and fluctuations in financial and capital markets, among other factors.」
While a recovery in the economy is expected, downside risks through the supply chain were explicitly identified, and caution regarding the infectious disease and financial and capital markets was maintained. - FY2022-Q1RestatedAnnual report
「However, close attention must be paid to the impact of developments in the infectious disease on domestic and overseas economies.」
While a recovery in the economy is expected, the need to remain alert to the impact of developments in COVID-19 on domestic and overseas economies was reconfirmed. - FY2021WorsenedAnnual report
「The spread of COVID-19 discouraged new investment by many B2B customers and significantly restricted business activities, including the holding of exhibitions worldwide and opportunities for visits.」
The impact of the infectious disease continued in the form of restraints on new investment by B2B customers and restrictions on sales activities, affecting the demand environment for the information equipment business and other operations. - FY2021-Q3WorsenedAnnual report
「The economic impact has lasted longer than initially expected due to an increase in infections accompanying the resurgence of COVID-19.」
The company stated that the resurgence of COVID-19 had prolonged the economic impact beyond initial expectations. - FY2021-Q2MaterialisedAnnual report
「In the cumulative second quarter, revenue decreased due to the impact of COVID-19. However, the quarterly loss attributable to owners of the parent improved year on year due to reductions in selling, general and administrative expenses, lower finance costs and other factors.」
Regarding risks related to economic conditions and demand fluctuations, the impact of COVID-19 continued to materialize in operating results as lower revenue. - FY2021-Q1MaterialisedAnnual report
「In the cumulative first quarter, revenue decreased due to the impact of COVID-19. However, the quarterly loss attributable to owners of the parent improved year on year due to reductions in selling, general and administrative expenses.」
Regarding the existing risks from economic conditions and demand fluctuations, the impact of COVID-19 actually materialized in operating results as lower revenue. - FY2020WorsenedAnnual report
「In the consolidated fiscal year, revenue decreased partly due to fluctuations in foreign exchange rates and the impact of COVID-19.」
In addition to the previous uncertainty surrounding economic conditions and regional markets, the impact of COVID-19 actually materialized in the form of lower revenue. - FY2020-Q3MaterialisedAnnual report
「In high-end audio equipment, sales of the integrated flagship SACD player launched in August progressed favorably under the ESOTERIC brand, and the SACD player category as a whole contributed to sales and profit. However, instability in East Asia, including Hong Kong and South Korea, affected results, resulting overall in lower sales and profit.」
The company stated that instability in East Asia, including Hong Kong and South Korea, actually affected results as a factor behind lower sales and profit in the high-end audio business. - FY2020-Q2RestatedAnnual report
「Uncertainty remains in the global economy, including the impact of developments in trade issues, the outlook for the Chinese economy, uncertainty over overseas economies and policies, and the impact of fluctuations in financial and capital markets.」
Trade issues, the Chinese economy, uncertainty surrounding overseas economies and policies, and fluctuations in financial and capital markets were reconfirmed as factors contributing to uncertainty in the economic environment. - FY2019-Q1RestatedAnnual report
「Although the global economy is gradually recovering overall, uncertainty remains, including over the outlook for the economies of China and other emerging Asian economies, the impact of policy uncertainty, developments in trade issues, and the impact of fluctuations in financial and capital markets.」
China and other emerging Asian economies, policy uncertainty, trade issues, and fluctuations in financial and capital markets were cited as factors contributing to uncertainty in the economic environment. - FY2018-Q3RestatedAnnual report
「Although the global economy is gradually recovering overall, uncertainty remains, including over the outlook for China and other emerging Asian economies and the impact of geopolitical risks.」
The uncertainty surrounding the economic environment arising from the outlook for China and other emerging Asian economies and geopolitical risks was reconfirmed. - FY2018-Q2RestatedAnnual report
「Although the global economy is gradually recovering overall, uncertainty remains, including over the outlook for China and other emerging Asian economies and the impact of geopolitical risks.」
The uncertainty arising from the outlook for China and other emerging Asian economies and geopolitical risks was reconfirmed. - FY2018-Q1RestatedAnnual report
「Although the global economy is gradually recovering overall, uncertainty remains over the outlook, including the outlook for China and other emerging Asian economies and the impact of geopolitical risks.」
The uncertainty surrounding the economic environment arising from the outlook for China and other emerging Asian economies and geopolitical risks was reconfirmed. - FY2017RestatedAnnual report
「Although the global economy is gradually recovering overall, uncertainty remains over the outlook, including the impact of the normalization of US monetary policy, the outlook for China and other emerging Asian economies, and geopolitical risks.」
The uncertainty surrounding demand and the economic environment arising from US monetary policy, the Chinese and emerging Asian economies, and geopolitical risks was reconfirmed. - FY2017-Q3RestatedAnnual report
「However, uncertainty remains over the outlook, including the impact of the UK's withdrawal from the EU, the normalization of US monetary policy, and the slowdown in China and other emerging Asian economies.」
The UK's withdrawal from the EU, US monetary policy, and the slowdown in the Chinese and emerging Asian economies were again cited as factors contributing to uncertainty over the outlook. - FY2016First statedAnnual report
「A contraction in demand resulting from changes in economic conditions, including economic deterioration in Japan, the Americas and Europe, as well as Asia, and changes in consumer preferences, may adversely affect the operating results and financial condition of the Group.」
Risk that disposable income and preferences for consumer products, and capital investment in industrial products, will determine demand.