Slowdown in Overseas Economies and Instability in Stock Prices and Foreign Exchange Rates
First written in FY2017-Q1. 16 of 33 entries say "Restated". Latest entry: 2026-11-04.
The whole theme swung hardest in 2022: 129 of 170 companies on the "Worse" side.
- 2026-11-04RestatedResults
「原材料価格・エネルギー価格の高騰や物価の上昇、中東地域における緊張状態の長期化などの不安定な国際情勢による地政学的リスクに加え、為替相場の急速な変動など、世界経済の先行きは依然として不透明な状況が続いております。」
原材料・エネルギー価格、物価、地政学的リスク、為替変動による不透明感が継続している。 - FY2026WorsenedAnnual report
「During the fiscal year, the domestic economy showed signs of recovery, supported by increased capital investment and improvements in employment and income conditions. However, the global economy remained uncertain due to higher raw material and energy prices, rising prices, heightened geopolitical risks caused by unstable international conditions including tensions in the Middle East, developments in US trade policy, and rapid foreign exchange fluctuations.」
In addition to the longstanding concerns over raw material prices, prices, geopolitical risks and foreign exchange fluctuations, energy prices, the situation in the Middle East, and US trade policy were identified as sources of uncertainty. - FY2026-H1RestatedAnnual report
「During the six-month interim period, the domestic economy showed signs of recovery, supported by increased inbound demand and improvements in employment and income conditions. However, the global economy remained uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, developments in the economic policies of the US administration, and rapid foreign exchange fluctuations.」
While the domestic economy showed signs of recovery, uncertainty in the global economy due to geopolitical risks, US economic policy, and foreign exchange fluctuations continues. - FY2025WorsenedAnnual report
「During the fiscal year, the domestic economy showed signs of recovery, supported by increased inbound demand, stronger capital investment appetite, and improvements in employment and income conditions. However, the global economy remained uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, developments in the economic policies of the new US administration, and rapid foreign exchange fluctuations.」
In addition to the longstanding concerns over raw material prices, prices, geopolitical risks and foreign exchange fluctuations, developments in the economic policies of the new US administration were explicitly identified as a source of uncertainty. - FY2025-H1RestatedAnnual report
「During the six-month interim period, the domestic economy showed signs of recovery, supported by stronger capital investment appetite and improvements in employment and income conditions. However, the global economy remained uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, and rapid foreign exchange fluctuations.」
While the domestic economy showed signs of recovery, uncertainty in the global economy due to raw material prices, prices, geopolitical risks and foreign exchange fluctuations continues. - FY2024RestatedAnnual report
「However, the global economic outlook remains uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, rapid foreign exchange fluctuations, and slowing economic growth in China.」
Uncertainty due to raw material prices, prices, geopolitical risks, foreign exchange fluctuations and slowing economic growth in China continues. - FY2024-Q3RestatedAnnual report
「However, the global economic outlook remains uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, rapid foreign exchange fluctuations, and slowing economic growth in China.」
Uncertainty due to raw material prices, prices, geopolitical risks, foreign exchange fluctuations and slowing economic growth in China continues. It is stated that there have been no significant changes in business and other risks. - FY2024-Q2WorsenedAnnual report
「However, the global economic outlook remains uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks caused by unstable international conditions, rapid foreign exchange fluctuations, rising interest rates, and slowing economic growth in China.」
In addition to the longstanding concerns over raw material prices, prices, geopolitical risks, foreign exchange fluctuations and rising interest rates, slowing economic growth in China was explicitly identified as a source of uncertainty. - FY2024-Q1WorsenedAnnual report
「However, the global economic outlook remains uncertain due to persistently high raw material prices, rising prices, heightened geopolitical risks including the prolonged situation in Ukraine, rapid foreign exchange fluctuations, and rising interest rates.」
In addition to the longstanding concerns over raw material prices, geopolitical risks and foreign exchange fluctuations, rising prices and interest rates were explicitly identified as sources of uncertainty. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, socioeconomic activity continued to normalize due to the spread of COVID-19 vaccines and the easing of restrictions on movement. However, the global economic outlook remained uncertain due to higher prices for raw materials such as crude oil, natural gas, steel and semiconductors, rising transportation costs, heightened geopolitical risks including the prolonged situation in Ukraine, and rapid foreign exchange fluctuations.」
While socioeconomic activity is normalizing, uncertainty over the outlook due to raw material prices and transportation costs, geopolitical risks including the prolonged situation in Ukraine, and rapid foreign exchange fluctuations continues. - FY2023-Q2RestatedAnnual report
「During the six-month period ended the second quarter, socioeconomic activity continued to normalize due to the spread of COVID-19 vaccines and the easing of restrictions on movement. However, the global economic outlook remained uncertain due to higher prices for raw materials such as crude oil, natural gas, steel and semiconductors, rising transportation costs, heightened geopolitical risks including the prolonged situation in Ukraine, and the rapid depreciation of the yen.」
While socioeconomic activity is normalizing, uncertainty due to raw material prices and transportation costs, geopolitical risks including the situation in Ukraine, and the rapid depreciation of the yen continues. - FY2023-Q1WorsenedAnnual report
「Although socioeconomic activity is normalizing due to the spread of COVID-19 vaccines, the global economic outlook remains subject to close monitoring because of renewed outbreaks in some regions, higher prices for raw materials such as crude oil, natural gas, steel and semiconductors, rising transportation costs, heightened geopolitical risks including the situation in Ukraine, and the rapid depreciation of the yen.」
While socioeconomic activity is normalizing, renewed outbreaks, higher raw material prices and transportation costs, geopolitical risks, and the rapid depreciation of the yen were explicitly identified, increasing uncertainty in the external environment. - FY2022WorsenedAnnual report
「In addition to higher prices for raw materials such as crude oil, natural gas, steel and semiconductors and rising transportation costs, heightened geopolitical risks, including the situation in Ukraine, mean that continued close attention to the global economic outlook is required.」
In addition to the previously cited pandemic and overseas economic risks, higher raw material prices and transportation costs and heightened geopolitical risks, including the situation in Ukraine, were explicitly identified. - FY2022-Q1RestatedAnnual report
「Although the global economy remains in a difficult situation due to the spread of COVID-19, it has continued to show signs of recovery overall. However, the spread of infections continues to be curbed by renewed outbreaks, including those caused by variants, and some weakness is evident.」
While the global economy has shown signs of recovery, renewed outbreaks caused by variants and restrictions on socioeconomic activity continue, and risks in the external environment remain. - FY2021RestatedAnnual report
「Signs of recovery have been seen since the second quarter as economic activity resumed. However, the pace of recovery differs by country and region depending on the pace of vaccine rollout and the scale of fiscal measures, and a significant economic downturn is possible if new variants of the virus emerge and spread, leaving the outlook uncertain.」
While signs of recovery in economic activity were indicated, differences in the pace of recovery by region, the potential for a downturn due to new variants, and uncertainty over the outlook continue. - FY2021-Q3WorsenedAnnual report
「During the nine-month period ended the third quarter, Japan showed signs of recovery from the sharp decline in economic activity during the first quarter caused by the global spread of COVID-19. However, the recovery remained moderate due to the renewed increase in new infections, and downside risks continued to exist. Overseas, the impact of COVID-19 on economic activity varied by country and region, and the outlook remained uncertain.」
While economic activity showed signs of recovery, renewed increases in new infections, downside risks, regional differences overseas and uncertainty over the outlook were indicated, again emphasizing the external-environment risks associated with a resurgence of infections. quantified is false; materialized is false. - FY2021-Q2SoftenedAnnual report
「During the six-month period ended the second quarter, public health measures introduced in response to the global spread of COVID-19 were gradually relaxed and the worst had passed. However, the recovery remained moderate due to concerns about a resurgence of infections, and downside risks continued to exist.」
The relaxation of public health measures and the statement that the worst had passed indicate some improvement from the difficult environment in the previous quarter. However, concerns about a resurgence of infections and downside risks continue. - FY2021-Q1WorsenedAnnual report
「During the three-month period ended the first quarter, the global spread of COVID-19 had a substantial impact on the global economy, and a difficult environment is expected to continue, including ongoing uncertainty over US-China trade friction.」
The impact of the global spread of COVID-19 on the global economy and uncertainty due to US-China trade friction are cited together, describing the external environment as difficult. - FY2020WorsenedAnnual report
「During the fiscal year, economic slowdowns caused by US-China trade friction and uncertainty over the outlook following the UK's withdrawal from the EU continued. In addition, the impact of the COVID-19 pandemic began to emerge, and a sharp slowdown in the global economy is expected.」
In addition to US-China trade friction and uncertainty following the UK's withdrawal from the EU, an expected sharp slowdown in the global economy due to the impact of COVID-19 was indicated, intensifying uncertainty in the external environment. - FY2020-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, the outlook for the global economy remained uncertain due to economic slowdowns in various countries caused by US-China trade friction and uncertainty over the outlook following the UK's withdrawal from the EU, and continued attention to developments was required.」
US-China trade friction, economic slowdowns in various countries, and uncertainty over the outlook following the UK's withdrawal from the EU continue to contribute to uncertainty over the global economic outlook. quantified is false; materialized is false. - FY2020-Q2RestatedAnnual report
「During the six-month period ended the second quarter, the outlook for the global economy remained uncertain due to economic slowdowns in various countries caused by US-China trade friction and disputes surrounding the UK's withdrawal from the EU, and continued attention to developments was required.」
US-China trade friction, economic slowdowns in various countries, and the UK's withdrawal from the EU continue to contribute to uncertainty over the global economic outlook. - FY2020-Q1WorsenedAnnual report
「During the three-month period ended the first quarter, the outlook for the global economy remained uncertain due to US-China trade friction and the UK's withdrawal from the EU, and continued attention to developments was required.」
In addition to US-China trade friction, the UK's withdrawal from the EU was explicitly identified as a source of uncertainty for the global economic outlook. quantified is false; materialized is false. - FY2019WorsenedAnnual report
「During the fiscal year, the domestic economy continued to recover moderately against a backdrop of solid corporate earnings. However, stagnation caused by a succession of natural disasters and a weakening trend in exports due to trade friction were observed, and the outlook remained uncertain amid uncertainty in overseas economies.」
In addition to the longstanding trade issues and uncertainty in overseas economies, stagnation caused by a succession of natural disasters and weakening exports due to trade friction were explicitly identified. - FY2019-Q3RestatedAnnual report
「The domestic economy continued to recover moderately, supported by improvements in corporate earnings and employment and income conditions. However, the outlook remains uncertain due to the impact of trade issues on the global economy and uncertainty in overseas economies.」
Uncertainty over the global economic outlook due to trade issues and uncertainty in overseas economies continues to be indicated. - FY2019-Q2RestatedAnnual report
「The domestic economy continued to recover moderately, supported by improvements in corporate earnings and employment conditions, while solid economic growth in Asia and a recovery in the US economy continued. However, concerns about the impact of trade friction between the US and China mean that the outlook for the global economy remains uncertain.」
Trade friction between the US and China continues to be identified as a source of uncertainty for the global economic outlook. The concern from the previous quarter continues, but no new deterioration is explicitly indicated. - FY2019-Q1WorsenedAnnual report
「The domestic economy continued to recover moderately, supported by improvements in corporate earnings and employment conditions, and the US and European economies also continued to recover. However, concerns about the impact of trade friction originating in the US mean that the outlook for the global economy remains uncertain.」
In addition to the previous concerns about overseas political and economic conditions, the impact of trade friction originating in the US was explicitly identified as a new source of uncertainty. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, corporate earnings and employment conditions improved in Japan, and the US and European economies continued to recover moderately, but concerns about political conditions persisted and the outlook remained uncertain.」
While overseas economies continued to recover, concerns about political conditions and uncertainty over the outlook continued to be indicated. - FY2018-Q2RestatedAnnual report
「During the six-month period ended the second quarter, the domestic economy continued to recover moderately, supported by strong corporate earnings and improved employment conditions, but the outlook remained uncertain overseas due to concerns about political and economic conditions.」
Concerns about overseas political and economic conditions and uncertainty over the outlook continue to be identified as risks in the business environment. - FY2018-Q1RestatedAnnual report
「The domestic economy continued to recover moderately, supported by improvements in corporate earnings and employment conditions, but the outlook remained uncertain due to political risks in Europe and the US and heightened geopolitical risks in Asia.」
Political risks in Europe and the US and geopolitical risks in Asia continue to be identified as sources of uncertainty. Although the regions and wording of the risks have been reorganized from the previous period, no substantive new deterioration is indicated. - FY2017WorsenedAnnual report
「During the fiscal year, the environment surrounding our Group remained uncertain. Corporate earnings continued to recover in Japan and the European economy showed signs of recovery, while uncertainty persisted due to the policies of the new US administration, heightened geopolitical risks in the Middle East and Asia, and foreign exchange fluctuations.」
In addition to the previously cited slowdown in the Chinese economy and appreciation of the yen, the new US administration and geopolitical risks in the Middle East and Asia were explicitly identified as sources of uncertainty. - FY2017-Q3WorsenedAnnual report
「During the nine-month period ended the third quarter, the environment surrounding our Group remained uncertain. In Japan, corporate earnings and employment conditions improved, and the US and European economies showed a moderate recovery, while economic growth in China slowed and the policies of the new US administration remained unclear.」
In addition to slowing economic growth in China, the policies of the new US administration were cited as a source of uncertainty. The appreciation of the yen has also been reflected in actual results through declines in overseas sales. - FY2017-Q2MaterialisedAnnual report
「While the US and European economies showed signs of recovery, economic growth in China continued to slow. Domestic personal consumption remained firm, but the outlook remained uncertain due to the appreciation of the yen and other factors.」
While growth in China continued to slow, the yen actually appreciated, affecting factors such as declines in overseas sales and the foreign currency translation adjustment account. - FY2017-Q1First statedAnnual report
「While the US economy continued to recover, economic growth slowed in Europe and China, and share prices and foreign exchange rates moved unstably in Japan, leaving the outlook uncertain.」
Slowing growth in Europe and China and unstable movements in domestic share prices and foreign exchange rates are cited as uncertainties in the business environment.