Increasing Business Environment Uncertainty Due to Uncertainty in the Chinese Economy and Brexit
First written in FY2017-Q2. 3 of 4 entries say "Reframed", first in FY2017. Latest entry: FY2021.
Twinbird moved to the "Worse" side of this theme in 2017, 2 years before the typical company in this theme (2019).
The whole theme swung hardest in 2022: 140 of 172 companies on the "Worse" side.
28 other companies' latest entry also says "Reframed".
- FY2021ReframedAnnual report
「Changes in economic conditions [Likelihood of occurrence: High; impact: High]」
The Company has revised its presentation from specific factors contributing to uncertainty, such as the Chinese economy and the United Kingdom’s withdrawal from the EU, to the risk of changes in economic conditions, including a recession and declining demand in Japan, its main market. Its measures include strengthening the Company’s business structure, improving profitability and asset efficiency, and enhancing cash flow generation. - FY2019ReframedAnnual report
「To adapt to changes in the external environment in recent years, including Japan’s declining birthrate and aging population, digitalization, and globalization」
The Company has revised its presentation from specific factors contributing to uncertainty, such as the Chinese economy, the United Kingdom’s withdrawal from the EU, and domestic concerns about the future, to adapting to broad changes in the external environment, including the declining birthrate and aging population, digitalization, and globalization. - FY2017ReframedAnnual report
「Although employment conditions in the domestic economy have been improving, personal consumption remained broadly flat amid growing anxiety about the future, including concerns over the declining birthrate and aging population and the sustainability of the public pension system.」
Rather than the uncertainty surrounding the Chinese economy and the United Kingdom’s withdrawal from the EU cited previously, this time the Company identifies domestic structural concerns about the future, including the declining birthrate, aging population, and concerns over the pension system, as factors contributing to uncertainty in the business environment. - FY2017-Q2First statedAnnual report
「Although Japan’s economy showed signs of a gradual recovery during the cumulative second quarter of the current consolidated fiscal year, it remained uncertain, affected by uncertainty surrounding the Chinese economy and issues including the United Kingdom’s withdrawal from the EU.」
Uncertainty surrounding the Chinese economy and the United Kingdom’s withdrawal from the EU are mentioned for the first time as factors contributing to uncertainty in the business environment, including the domestic economy.