Uncertainty amid concerns over political instability in Europe and slowdowns in China and elsewhere
First written in FY2016-Q3. 15 of 24 entries say "Restated". Latest entry: FY2026-H1.
Financial Partners Group moved to the "Worse" side of this theme in 2026, 7 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
66 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「During the interim consolidated accounting period, the global economy continued to recover gradually, but uncertainty about the outlook increased due to the effects of the situation in the Middle East and other factors.」
While noting the recovery of the global economy, the company specifically identified the situation in the Middle East and other factors as new contributors to uncertainty about the outlook and explained that uncertainty had increased. - FY2025Addition of U.S. trade policy factorsAnnual report
「During the consolidated fiscal year, the global economy recovered gradually despite the effects of persistently high interest rates in Europe and the United States and U.S. trade policy, among other factors.」
In addition to high interest rates in Europe and the United States, the company newly identified U.S. trade policy as a factor contributing to uncertainty in the global economy, while also noting the economic recovery. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, the global economy continued to recover despite the effects of persistently high interest rates in Europe and the United States, among other factors.」
While identifying the effects of high interest rates in Europe and the United States as factors contributing to an uncertain outlook, the company also noted the recovery of the global economy. - FY2024RestatedAnnual report
「During the consolidated fiscal year, the global economy continued to recover despite the effects of persistently high interest rates in Europe and the United States and the stagnation of China's property market, among other factors.」
While identifying high interest rates in Europe and the United States and stagnation in China's property market as factors contributing to an uncertain outlook, the company also noted the recovery of the global economy. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter accounting period, the global economy showed signs of a gradual recovery, but remained uncertain due to volatility in the financial and capital markets and rising prices amid ongoing global monetary tightening.」
The company continued to cite uncertainty arising from global monetary tightening, volatility in the financial and capital markets and rising prices. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year, the global economy continued to recover despite volatility in the financial and capital markets and rising prices amid ongoing global monetary tightening. The Japanese economy also recovered gradually, supported in part by the effects of various government policies.」
While identifying global monetary tightening, volatility in the financial and capital markets and rising prices as factors contributing to an uncertain outlook, the company continued to note the recovery of the global and Japanese economies. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the fiscal year, the global economy continued to recover gradually despite volatility in the financial and capital markets and rising prices amid ongoing global monetary tightening. The Japanese economy also recovered gradually, supported in part by the effects of various government policies.」
While identifying global monetary tightening, volatility in the financial and capital markets and rising prices as factors contributing to an uncertain outlook, the company also noted the gradual recovery of the global and Japanese economies. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter accounting period, the global economy continued to recover gradually despite volatility in the financial and capital markets and rising prices amid ongoing global monetary tightening. The Japanese economy also recovered gradually, supported in part by the effects of various government policies under the conditions created by COVID-19.」
While identifying global monetary tightening, volatility in the financial and capital markets and rising prices as factors contributing to an uncertain outlook, the company also noted the gradual recovery of the global and Japanese economies. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, the global economy continued to recover gradually despite volatility in the financial and capital markets, rising prices and supply-side constraints amid ongoing global monetary tightening.」
Global monetary tightening, volatility in the financial and capital markets, rising prices and supply-side constraints were specified as new factors contributing to an uncertain outlook. The gradual economic recovery was also noted. - FY2022-Q3WorsenedAnnual report
「During the cumulative third quarter of the fiscal year, both the global and Japanese economies showed signs of recovery as the impact of COVID-19 eased. However, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, the outlook remained uncertain due to rising raw-material prices and supply-side constraints, among other factors.」
While noting the easing impact of COVID-19 and the economic recovery, the company added and specified the prolonged situation in Ukraine, restrictions on economic activity in China, rising raw-material prices and supply constraints as factors contributing to an uncertain outlook. - FY2022-Q2Addition of geopolitical, raw-material and market volatility factorsAnnual report
「During the cumulative second quarter of the fiscal year, both the global and Japanese economies showed signs of recovery as the impact of COVID-19 eased. However, the outlook remained uncertain due in part to the situation in Ukraine, rising raw-material prices and volatility in the financial and capital markets.」
While noting the easing impact of COVID-19 and the economic recovery, the company identified the situation in Ukraine, rising raw-material prices and volatility in the financial and capital markets, in addition to the existing concerns regarding China and emerging markets, as factors contributing to an uncertain outlook. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter accounting period, the global economy generally remained on a trend of gradual recovery, supported by steady recovery in the United States and gradual recovery in the euro area, despite some weakness in Asia, including a gradual slowdown in China.」
While noting weakness in Asia, including China, the disclosure continues to state that the global economy overall remained on a trend of gradual recovery, supported by recovery in the United States and the euro area. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, the global economy continued to recover gradually overall, despite some weakness in Asia and Europe, including a gradual slowdown in China, while steady economic recovery continued in the United States.」
While noting some weakness, including China's economic slowdown, the disclosure continues to state that the global economy overall remained on a trend of gradual recovery, supported by the US recovery. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, the global economy continued to recover gradually overall, despite some weakness in parts of Asia and Europe, including a gradual slowdown in China, while steady economic recovery continued in the United States.」
While noting some weakness, including China's economic slowdown, the disclosure continues to state that the global economy overall remained on a trend of gradual recovery, supported by the US recovery. - FY2018SoftenedAnnual report
「During the consolidated fiscal year, the global economy continued to expand overall. In the United States, solid economic expansion continued against a backdrop of improving employment and income conditions. In Europe, the economy expanded steadily despite concerns over the impact of the UK's withdrawal from the EU. Emerging economies also generally performed well, particularly in Asia, including China and India.」
Despite continued concerns over the UK's withdrawal from the EU, the global economy overall is described as being on an expansionary trend, an improvement from the previous focus on uncertainty. - FY2018-Q3RestatedAnnual report
「The Japanese economy also continued to recover gradually as employment and income conditions continued to improve, although uncertainty remained over the impact of overseas economies and fluctuations in financial and capital markets.」
While describing a recovery trend in the global and Japanese economies, the disclosure continues to indicate uncertainty due to overseas economies and fluctuations in financial and capital markets. - FY2018-Q2SoftenedAnnual report
「During the cumulative second-quarter consolidated period, the global economy continued to show gradual recovery, including steady economic recovery in the United States, improving conditions in Asia and gradual economic recovery in Europe. The Japanese economy also continued to recover gradually, with private consumption gradually improving, corporate earnings strengthening, and exports and capital investment recovering.」
The disclosure no longer mentions the concerns over a slowdown in China and emerging economies or uncertainty over the outlook that had been stated previously, and focuses on the recovery trend in the global and Japanese economies. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter accounting period, the global economy generally remained on a trend of gradual recovery, despite uncertainty over the outlook due to concerns over a slowdown in China and other emerging economies, supported by steady recovery in the United States and gradual recovery in the EU.」
While noting concerns over a slowdown in China and other emerging economies and uncertainty over the outlook, the disclosure describes a trend of gradual recovery supported by the United States and the EU. - FY2017RestatedAnnual report
「However, the impact of fluctuations in global financial markets and uncertainty in overseas economies due to geopolitical risks continued throughout the year.」
While describing a trend of recovery in the global economy, this indicates that uncertainty due to financial market fluctuations and geopolitical risks continued. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, the global economy recovered gradually despite the impact of normalization of US monetary policy and uncertainty over the outlook for the economies of China and other emerging Asian economies. Meanwhile, the Japanese economy continued to recover gradually, despite uncertainty over the impact of overseas economies and fluctuations in financial and capital markets.」
The disclosure describes gradual recovery in the global and Japanese economies while noting continued uncertainty over normalization of US monetary policy and the outlook for emerging Asian economies, including China. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, the global economy generally remained on a trend of gradual recovery, despite continued uncertainty in global conditions due to slower growth in the Asian economy and the transition of the US administration. The Japanese economy also remained on a trend of gradual recovery, supported by solid activity in the industrial sector and improving employment conditions, although conditions in neighboring countries and the outlook for the impact of the new US administration remained uncertain.」
While uncertainty and other risk factors remained due to slower growth in the Asian economy and the transition of the US administration, a continued trend of gradual recovery in the global and Japanese economies is cited. - FY2017-Q1SoftenedAnnual report
「Despite concerns over a slowdown in China and other emerging economies, and uncertainty over the outlook, the economy generally remained on a trend of gradual recovery.」
Concerns over a slowdown in China and other emerging economies and uncertainty over the outlook remained, but the wording changed from the previous year's statement that uncertainty had increased to wording that presents these factors alongside a trend of gradual recovery. - FY2016RestatedAnnual report
「The outlook has become more uncertain due to political instability in Europe and concerns over an economic slowdown in China and other emerging economies.」
Political instability in Europe and concerns over a slowdown in China and other emerging economies continue to be cited as sources of uncertainty in the business environment for the year. - FY2016-Q3First statedAnnual report
「The outlook has become more uncertain due to political instability in Europe and concerns over an economic slowdown in China and other emerging economies.」
This is cited as a factor contributing to uncertainty in the outlook for the global and Japanese economies.