Concerns over a Downturn in the Global Economy
First written in FY2018-Q3. 12 of 21 entries say "Restated". Latest entry: FY2024.
Prored Partners moved to the "Worse" side of this theme in 2019, 1 year before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 18 of 27 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Amid an uncertain economic environment, including chronic labor shortages at client companies, rising inflation, concerns over geopolitical risks brought to the fore by the situations in Ukraine and Russia, and yen depreciation caused by rising U.S. interest rates, we recognize that demand for consulting services supporting corporate activities in various ways, in addition to cost reduction, remains high.」
Reiterates in the annual report that demand for consulting services remains high against a backdrop of chronic labor shortages and an uncertain economic environment, including inflation, geopolitical risks, and yen depreciation. - FY2023RestatedAnnual report
「Amid an uncertain economic environment, including chronic labor shortages at client companies, rising inflation, concerns over geopolitical risks brought to the fore by the situations in Ukraine and Russia, and yen depreciation caused by rising U.S. interest rates, we recognize that demand for consulting services supporting corporate activities in various ways, in addition to cost reduction, remains high.」
Reiterates the recognition that an uncertain economic environment continues, including labor shortages, inflation, geopolitical risks, and yen depreciation. - FY2023-Q1SoftenedAnnual report
「During the three months ended 31 January, Japan's economy was gradually recovering, although severe conditions caused by COVID-19 remained, as measures including vaccinations were advanced and restrictions on activities were eased. Meanwhile, the outlook for the economic environment is expected to remain uncertain due to inflation at a level not seen for approximately 40 years, including soaring raw material prices, concerns over the impact of the situations in Ukraine and Russia on economic activity, and the rapid depreciation of the yen caused by rising U.S. interest rates.」
Reports a gradual economic recovery as restrictions on activities were eased, despite continuing severe conditions caused by COVID-19. Uncertainty about the outlook due to inflation, the situations in Ukraine and Russia, and rising U.S. interest rates and yen depreciation continues. - FY2022WorsenedAnnual report
「We recognize that an uncertain market environment continues, due to chronic labor shortages at client companies, the effects of COVID-19, inflation at a level not seen for approximately 40 years, concerns over the impact of the situations in Ukraine and Russia on economic activity, and the rapid depreciation of the yen caused by rising U.S. interest rates.」
In addition to the previously cited concerns over COVID-19 and inflation, cites the situations in Ukraine and Russia and the rapid depreciation of the yen caused by rising U.S. interest rates as factors contributing to continued uncertainty in the market environment. - FY2022-Q3RestatedAnnual report
「During the nine months ended 31 July, Japan's economy remained severe, given that monthly domestic corporate goods price index readings published by the Bank of Japan continued to exceed 8% year on year, representing an inflation level not seen for approximately 40 years, and that the effects of restrictions on economic activity and movement associated with the spread of COVID-19 remained significant.」
Reiterates that inflation, with the domestic corporate goods price index exceeding 8% year on year, and the continuing effects of restrictions on economic activity and movement associated with COVID-19 have left the economic environment severe. - FY2022-Q2WorsenedAnnual report
「During the six months ended 30 April, Japan's economy remained severe, given that the corporate goods price index published by the Bank of Japan rose 10.0% year on year in April, representing an inflation level not seen for approximately 40 years, and that the effects of restrictions on economic activity and movement associated with the spread of COVID-19 remained significant.」
Reports that the year-on-year increase in the corporate goods price index rose from 9.3% in the previous quarter to 10.0%, while the economy remained severe due to inflation at a level not seen for approximately 40 years and the significant continuing effects of COVID-19. - FY2022-Q1WorsenedAnnual report
「During the three months ended 31 January, Japan's economy remained severe, given that the corporate goods price index published by the Bank of Japan rose 9.3% year on year in February, representing an inflation level not seen for approximately 40 years, and that the effects of restrictions on economic activity and movement associated with the spread of COVID-19 remained significant.」
Specifies that the corporate goods price index rose 9.3% year on year, reaching an inflation level not seen for approximately 40 years, while the effects of restrictions on economic activity and movement associated with COVID-19 remained significant. - FY2021RestatedAnnual report
「During the consolidated fiscal year under review, Japan's economy continued to be affected by restrictions on economic activity caused by the spread of COVID-19. Although economic activity has been gradually resuming, its effect on the economic recovery has been limited, and severe economic conditions continue.」
Reiterates the continuing restrictions on economic activity caused by COVID-19 and the persistence of severe economic conditions. - FY2021-Q3RestatedAnnual report
「During the nine months ended 31 July, Japan's economy remained severe due to the effects of restrictions on economic activity and movement associated with the spread of COVID-19.」
Reiterates that the domestic economy remains severe due to restrictions on economic activity and movement associated with COVID-19. - FY2021-Q2RestatedAnnual report
「During the six months ended 30 April, Japan's economy remained severe due to the effects of restrictions on economic activity and movement associated with the spread of COVID-19.」
Reiterates that the domestic economy remains severe due to restrictions on economic activity and movement associated with COVID-19. - FY2021-Q1RestatedAnnual report
「During the three months ended 31 January, Japan's economy remained severe due to the effects of restrictions on economic activity and movement associated with the spread of COVID-19.」
Reiterates that the domestic economy remains severe due to restrictions on economic activity and movement associated with COVID-19. - FY2020SoftenedAnnual report
「During the fiscal year under review, Japan's economy had been on a recovery trend, supported by factors including increased corporate capital investment and inbound demand. However, economic activity restrictions associated with the spread of COVID-19 caused the economy to deteriorate rapidly. Although economic activity has been gradually resuming, its effect on the economic recovery has been limited, and severe conditions continue. The impact of COVID-19 on performance during the fiscal year under review was minor.」
Reports that the economic downturn and severe conditions caused by COVID-19 continue, while the impact on performance during the fiscal year under review was minor. The impact from the following fiscal year onward is also expected to be limited. - FY2020-Q3RestatedAnnual report
「During the nine months ended 31 October, the effects of the economic downturn caused by the spread of COVID-19 extended across a wide range of industries as inbound demand contracted and corporate activity in Japan and overseas declined. Although domestic economic activity is expected to recover gradually following the lifting of the state of emergency, concerns over a further spread of the infection remain, and the situation continues to be unpredictable.」
Reports that the economic downturn caused by COVID-19 continues, while also noting expectations for a gradual resumption of economic activity and recovery after the state of emergency was lifted. Concerns over a further spread of the infection remain. - FY2020-Q2MaterialisedAnnual report
「During the six months ended 31 July, Japan's economy deteriorated sharply as inbound demand contracted and corporate activity in Japan and overseas declined due to the spread of COVID-19. The outlook remains unpredictable, with concerns that the pandemic may worsen further.」
Reports that, amid the previously cited concerns over a downturn in the global economy, the domestic economy deteriorated sharply due to the spread of COVID-19. Also expresses concern about a further deterioration in the pandemic. - FY2020-Q1RestatedAnnual report
「During the three months ended 31 January, Japan's economy remained uncertain as economic trends were uncertain due to downside risk to the global economy stemming from the prolonged U.S.-China trade friction issue and heightened tensions in the Middle East. Domestic corporate earnings also showed signs of stagnation in their recovery.」
Reiterates downside risk to the global economy and continued uncertainty due to prolonged U.S.-China trade friction and heightened tensions in the Middle East, as well as the stalled recovery in domestic corporate earnings. - FY2019RestatedAnnual report
「During the fiscal year under review, uncertainty about economic trends persisted as a result of the downside risk to the global economy associated with prolonged U.S.-China trade friction and the prolonged issue of the UK's withdrawal from the EU. Domestic companies also showed signs of stagnation in earnings growth.」
Reiterates the downside risk to the global economy and continued uncertainty arising from prolonged U.S.-China trade friction and the UK's prolonged withdrawal from the EU issue. No specific losses or impacts are reported. - FY2019-Q3WorsenedAnnual report
「During the nine months ended 31 July, Japan's economy remained uncertain, as uncertainty surrounding the global economy increased due to U.S.-China trade friction and the UK's withdrawal from the EU.」
In addition to the previously cited U.S. trade policy and concerns over a slowdown in the Chinese economy, notes that the UK's withdrawal from the EU contributed to increased uncertainty surrounding the global economy. No specific losses or impacts are reported. - FY2019-Q2RestatedAnnual report
「However, uncertainty about the outlook continues due to U.S. trade policy and concerns over a slowdown in China's economic growth.」
Reiterates uncertainty about the outlook due to U.S. trade policy and concerns over slower economic growth in China. - FY2019-Q1RestatedAnnual report
「However, the outlook remains uncertain due to concerns over a slowdown in the Chinese economy, U.S. trade policy, developments in the financial and capital markets, and rising geopolitical risks.」
Adds concerns over a slowdown in the Chinese economy and reiterates that uncertainty about the outlook continues due to U.S. trade policy, the financial and capital markets, and geopolitical risks. No specific losses or impacts are reported. - FY2018WorsenedAnnual report
「During the fiscal year under review, Japan's economy continued to recover moderately, driven by strong corporate performance and an improving employment environment, and supported by inbound consumption and redevelopment demand in central urban areas. However, factors causing concern about the outlook, including U.S.-China trade friction, natural disasters, and labor shortages, have also increased.」
Reports a moderate recovery in the domestic economy while noting an increase in factors causing concern about the outlook, including U.S.-China trade friction, natural disasters, and labor shortages. - FY2018-Q3First statedAnnual report
「However, attention must be paid to concerns over a downturn in the global economy, including the unstable situation in Europe, U.S. trade policy, developments in the financial and capital markets, and rising geopolitical risks.」
Describes the situation in Europe, U.S. trade policy and financial markets, and geopolitical risks as factors that could cause a downturn in the global economy. No specific losses or impacts are reported.