Overseas Economic and Political Conditions and Volatility in Foreign Exchange and Stock Markets
First written in FY2017-Q1. 13 of 26 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2026.
Aval Data moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 160 of 184 companies on the "Worse" side.
84 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「During the fiscal year under review, the Japanese economy maintained a gradual recovery trend, but remained uncertain due to surging crude oil prices resulting from heightened tensions in the Middle East, a weaker yen, and the resulting increase in fuel prices. Uncertainty arising from the impact of the international economy has also increased.」
The disclosure newly identifies heightened tensions in the Middle East, rising crude oil and fuel prices, and yen depreciation as factors contributing to uncertainty in overseas economic and political conditions. - FY2026-H1The impact of US trade policy newly identifiedAnnual report
「During the interim accounting period, the Japanese economy continued to recover gradually, although some areas, particularly the automotive industry, showed signs of stagnation due to the impact of US trade policy.」
The disclosure adds that US trade policy has affected the domestic economy, particularly the automotive industry, as a factor contributing to uncertainty in overseas economic and political conditions. - FY2025-H1Changes in overseas economic risk factorsAnnual report
「Meanwhile, in the global economy, the effects of persistently high interest rates in Europe and the United States, the effects of the continued stagnation of the Chinese economy, and increasing geopolitical risks are downside risks to overseas economic activity, leaving the outlook uncertain.」
Regarding factors contributing to uncertainty in overseas economies, the disclosure cites persistently high interest rates in Europe and the United States, continued stagnation in the Chinese economy, and increasing geopolitical risks. The composition of the risk factors has changed from the previous focus on rising prices and supply-side constraints. - FY2024-Q3SoftenedAnnual report
「Meanwhile, in the global economy, increasing geopolitical risks, monetary tightening, and rising prices are downside risks to economic activity, leaving the outlook uncertain.」
Geopolitical risks, monetary tightening, and rising prices continue to be cited, but the supply-side constraints mentioned in the previous quarter are not explicitly included in the current economic overview. - FY2024-Q2WorsenedAnnual report
「Meanwhile, in the global economy, geopolitical risks have increased, while monetary tightening, rising prices, and supply-side constraints have continued, leaving the situation too uncertain to predict.」
Regarding overseas economic and political conditions, the disclosure states that, in addition to increasing geopolitical risks, monetary tightening, rising prices, and supply-side constraints continue. - FY2024-Q1WorsenedAnnual report
「Meanwhile, in the global economy, geopolitical risks have persisted, along with monetary tightening, rising prices, and supply-side constraints, leaving the situation too uncertain to predict.」
Regarding overseas economic and political conditions, the disclosure states that prolonged geopolitical risks, monetary tightening, rising prices, and supply-side constraints continue. - FY2023WorsenedAnnual report
「During the fiscal year under review, the Japanese economy showed gradual signs of recovery as the transition to a new phase of living with COVID-19 progressed and various policy measures took effect. However, amid continued global monetary tightening and other factors, the outlook remained uncertain due to the impact of a downturn in overseas economies, surging resource and energy prices, and supply-side constraints.」
The disclosure cited a downturn in overseas economies, global monetary tightening, surging resource and energy prices, and supply-side constraints as factors contributing to uncertainty about the outlook. - FY2023-Q3WorsenedAnnual report
「During the nine-month period under review, the Japanese economy showed gradual signs of recovery as the transition to a new phase of living with COVID-19 progressed and various policy measures took effect. However, amid continued global monetary tightening and other factors, the outlook remained uncertain due to the impact of a downturn in overseas economies, rising prices, supply-side constraints, and developments in COVID-19 infections in China.」
The disclosure cites a downturn in overseas economies, global monetary tightening, rising prices, supply-side constraints, and developments in COVID-19 infections in China as factors contributing to uncertainty about the outlook. - FY2023-Q2WorsenedAnnual report
「During the six-month period under review, the Japanese economy showed gradual signs of recovery as the transition to a new phase of living with COVID-19 progressed and various policy measures took effect. However, the outlook remained uncertain due to the impact of a downturn in overseas economies, rising prices, supply-side constraints, and volatility in financial and capital markets.」
The disclosure explicitly cites a downturn in overseas economies, rising prices, supply-side constraints, and volatility in financial and capital markets as factors contributing to uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「During the three-month period under review, the Japanese economy showed signs of recovery in production activity and personal consumption due to measures to ease various restrictions on activity associated with COVID-19. However, the outlook for the economy remained uncertain amid concerns about surging resource prices and inflation resulting from the prolonged situation in Ukraine and restrictions on economic activity in China.」
Regarding risks in overseas economic and political conditions, the disclosure newly cites the prolonged situation in Ukraine, restrictions on economic activity in China, and concerns about surging resource prices and inflation. - FY2021-Q1WorsenedAnnual report
「During the three-month period under review, the Japanese economy remained in an extremely difficult situation, with corporate earnings and employment conditions continuing to deteriorate, despite signs of recovery in personal consumption and other areas amid the ongoing global spread of COVID-19.」
In addition to the existing uncertainty surrounding overseas economic and political conditions, the disclosure states that corporate earnings and employment conditions deteriorated amid the global COVID-19 pandemic, leaving the economic environment extremely difficult. - FY2020WorsenedAnnual report
「In addition, a significant slowdown in the domestic and global economies is expected due to the worldwide spread of the novel coronavirus since January 2020, and the situation remains too uncertain to predict.」
In addition to uncertainty in overseas economic and political conditions, the disclosure newly cites concerns about a significant slowdown in the domestic and overseas economies due to the worldwide spread of the novel coronavirus. - FY2020-Q3SoftenedAnnual report
「During the nine-month period under review, the Japanese economy showed signs of recovery in corporate capital investment and personal consumption against a backdrop of solid corporate earnings and improving employment conditions. However, concerns remain about the uncertainty of overseas conditions, including US-China trade friction, the UK's Brexit issue and the delayed improvement in Japan-South Korea relations, and their impact on the Japanese economy, leaving the outlook uncertain.」
Regarding risks in overseas conditions, the wording changed from “worsening Japan-South Korea relations” in the previous quarter to “delayed improvement in Japan-South Korea relations.” US-China trade friction, the UK's Brexit issue, concerns about their impact on the Japanese economy, and uncertainty about the outlook continue to be cited. - FY2020-Q2WorsenedAnnual report
「During the six-month period under review, the Japanese economy showed signs of recovery in corporate capital investment and personal consumption against a backdrop of solid corporate earnings and improving employment conditions. However, concerns remain about the uncertainty of overseas conditions, including US-China trade friction, the UK's Brexit issue and worsening Japan-South Korea relations, and their impact on the Japanese economy, leaving the outlook uncertain.」
Regarding overseas economic risks, the disclosure explicitly adds worsening Japan-South Korea relations to the existing US-China trade friction and the UK's Brexit issue, and cites uncertainty in overseas conditions and concerns about their impact on the Japanese economy. - FY2020-Q1WorsenedAnnual report
「Meanwhile, overseas, concerns remain about developments in overseas economies and their impact on the Japanese economy, including a slowdown in the Chinese economy resulting from the prolonged US-China trade friction, and the outlook remains uncertain.」
Regarding overseas economic risks, the disclosure explicitly cites the prolonged US-China trade friction and the slowdown in the Chinese economy, as well as concerns about their impact on the Japanese economy and uncertainty about the outlook. - FY2019RestatedAnnual report
「However, the outlook remains uncertain due to concerns about a global economic slowdown stemming from US-China trade friction and other factors, as well as the UK's Brexit issue.」
The disclosure continues to cite uncertainty in overseas economies stemming from US-China trade friction, concerns about a global economic slowdown, and the UK's Brexit issue. - FY2019-Q3WorsenedAnnual report
「However, the outlook remains uncertain, partly due to concerns about a global economic slowdown resulting from US-China trade friction and other factors.」
Regarding overseas economic risks, the company newly specified concerns about a global economic slowdown resulting from US-China trade friction and other factors, and described uncertainty about the outlook. - FY2019-Q2RestatedAnnual report
「However, concerns remain about the impact of unstable overseas conditions, including intensifying trade friction resulting from US protectionist trade policies, and the outlook is uncertain.」
The company continues to cite uncertainty in overseas conditions as a risk, including intensifying trade friction resulting from US protectionist trade policies. No new specific factors have been added since the previous quarter. - FY2019-Q1WorsenedAnnual report
「However, concerns remain about the impact of unstable overseas conditions, including intensifying trade friction resulting from US protectionist trade policies, and the outlook is uncertain.」
Regarding overseas economic risks, the company newly specified intensifying trade friction resulting from US protectionist trade policies and described uncertainty about the outlook. - FY2018RestatedAnnual report
「The outlook remained uncertain due to concerns about slowing economic growth in Asian emerging markets, particularly China, political developments in Europe and the United States, and heightened global tensions.」
The company continued to describe uncertainty in overseas economies due to conditions in Asian emerging markets, political developments in Europe and the United States, and the global situation. - FY2018-Q3RestatedAnnual report
「During the cumulative nine months of the fiscal year, Japan's economy remained on a gradual recovery trend, supported by the weaker yen and a recovery in overseas economies, with improving corporate earnings and employment conditions. However, the outlook remained uncertain due to concerns about slowing economic growth in Asian emerging markets, particularly China, political developments in Europe and the United States, and heightened global tensions.」
The company continued to describe uncertainty about the outlook due to concerns about slowing growth in Asian emerging markets, political developments in Europe and the United States, and heightened global tensions. - FY2018-Q2RestatedAnnual report
「During the cumulative six months of the fiscal year, Japan's economy remained on a gradual recovery trend, supported by the weaker yen and a recovery in overseas economies, with improving corporate earnings and employment conditions. However, the outlook remained uncertain due to concerns about slowing economic growth in Asian emerging markets, particularly China, political developments in Europe and the United States, and heightened global tensions.」
The company continued to describe uncertainty in overseas economies due to concerns about slowing growth in Asian emerging markets, political developments in Europe and the United States, and heightened global tensions. - FY2018-Q1RestatedAnnual report
「During the cumulative three months of the fiscal year, Japan's economy remained on a gradual recovery trend, with corporate earnings and employment conditions continuing to improve on the back of the government's economic policies and the Bank of Japan's monetary easing policy. However, the outlook remained uncertain due to concerns about slowing economic growth in Asian emerging markets, particularly China, the impact of US policy administration, and political conditions in Europe.」
The company continued to describe economic uncertainty due to concerns about slowing growth in Asian emerging markets, US policy administration and political conditions in Europe. - FY2017-Q3RestatedAnnual report
「During the cumulative nine months of the fiscal year, Japan's economy remained on a gradual recovery trend, with employment and income conditions continuing to improve. However, the outlook remained uncertain due to slower economic growth in Asian emerging markets, particularly China, the impact of the UK's EU withdrawal issue on overseas economies, and turmoil in equity, foreign exchange and financial markets caused by the US presidential election.」
The company continued to describe uncertainty in overseas economies and markets due to slowing growth in Asian emerging markets, the UK's EU withdrawal issue, and turmoil in equity, foreign exchange and financial markets caused by the US presidential election. - FY2017-Q2RestatedAnnual report
「During the cumulative six months of the fiscal year, Japan's economy remained on a gradual recovery trend, with employment and income conditions continuing to improve. However, the outlook remained uncertain due to slower economic growth in Asian emerging markets, particularly China, the rapid appreciation of the yen and decline in equity prices, and the impact of the UK's EU withdrawal issue on overseas economies.」
The company continued to describe uncertainty in overseas economies due to slowing growth in Asian emerging markets, yen appreciation and falling equity prices, and the UK's EU withdrawal issue. - FY2017-Q1First statedAnnual report
「As investment in next-generation processes by major semiconductor manufacturers continued in the semiconductor manufacturing equipment industry, which is closely related to the Group, capital investment in general industrial equipment was on a recovery trend. Contract-manufactured products, industrial control equipment, in-house products and image-processing modules all performed steadily.」
The company described an uncertain economic environment, including slowing growth in emerging economies, the UK's departure from the EU, political instability overseas, and volatility in foreign exchange and equity markets.