Geopolitical Risks in East Asia and Uncertainty Surrounding US Policymaking

「The outlook remains uncertain, with persistent concerns about rising resource and financing costs, including higher oil prices and long-term interest rates as tensions escalate in the Middle East.」

「The outlook remains uncertain due to an economic slowdown in China, rising tensions in international relations, higher prices and a growing sense of labor shortages.」

「As the shift toward a lifestyle with COVID-19 continued, economic activity showed a gradual recovery trend, but the outlook remained uncertain due to the effects of global inflation and monetary tightening.」

「During the six-month consolidated period under review, although the impact of COVID-19 remained, the shift toward a lifestyle with COVID-19 continued and economic activity showed a gradual recovery trend. However, the outlook remained uncertain due to the effects of global inflation and monetary tightening.」

「In addition to rising resource prices against the backdrop of the prolonged situation in Ukraine, the outlook remains uncertain due to sharp exchange-rate movements and disruption in financial markets resulting from global monetary tightening led by the United States and other countries.」

「During the nine-month consolidated period under review, Japan's economy remained uncertain, as the number of COVID-19 cases continued to fluctuate and resource prices rose and financial conditions became unsettled against the backdrop of the situation in Ukraine.」

「During the cumulative consolidated period under review for the second quarter, Japan’s economy showed signs of recovery after the number of COVID-19 cases declined nationwide and stabilized following the lifting of the state of emergency in October, and economic activity also began to recover. However, infections with a new variant have recently been spreading rapidly, and uncertainty remains regarding the future impact of COVID-19 on the economy.」

「While the global spread of COVID-19 continued, infections with variants also spread in Japan. In Tokyo, where the company is headquartered, the declaration of a state of emergency was repeatedly issued, and the economic outlook remains uncertain.」

「The rapid spread of COVID-19 caused economic activity to stagnate sharply in Japan, and the outlook also became uncertain.」

「Although Japan's employment environment continued to improve during the quarter, uncertainty about the outlook intensified amid the prolonged US-China trade tensions, concerns about a slowdown in the global economy, a decline in personal consumption following the consumption tax increase implemented in October, and the global spread of COVID-19, which became pronounced around the beginning of 2020.」

「Although Japan's employment environment continued to improve during the quarter, uncertainty about the outlook intensified amid the prolonged US-China trade tensions, concerns about a slowdown in the global economy, and a decline in personal consumption following the consumption tax increase implemented in October.」

「Although Japan's employment environment continued to improve during the quarter, uncertainty about the outlook intensified amid the prolonged US-China trade tensions and concerns about a slowdown in the global economy.」

「During the cumulative consolidated period under review, Japan’s economy continued to recover moderately, but the global economy showed increasing weakness due to concerns over an economic slowdown in Europe, China and elsewhere, and uncertainty about the outlook increased.」

「Although the economy continued to recover, uncertainty about the outlook increased due to concerns over an economic slowdown resulting from escalating U.S.-China trade friction and political turmoil in Europe and the United States.」

「Although destabilizing factors included disruption in emerging-market financial markets against a backdrop of higher U.S. interest rates, rising international trade friction and higher crude oil prices, the economy continued to recover on the back of increased exports resulting from the ongoing recovery in overseas economies, increased corporate capital investment and expanding demand for infrastructure construction.」

「Although risks to the economic outlook, including rising geopolitical risks and uncertainty surrounding U.S. policy, remain, the uncertain situation is continuing.」

「In the business environment for the group’s information technology business, demand is increasing for the use of ICT to improve labor productivity through the government’s work-style reforms and for systems to manage workers’ health. In addition, forest maintenance for land conservation has attracted increasing attention, creating expectations for the use of systems in this area. The cloud market continues to expand, but as dependence on information systems increases, the importance of information security measures is also growing.」

「Although risks to the economic outlook include rising geopolitical risks in East Asia and uncertainty surrounding U.S. policy,」