Impact on Private Consumption and Debt Collection from Deterioration in Economic and Employment Conditions
First written in FY2018. 1 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 53 of 68 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2024The Group recognises that the impact of the economic environment is limited.Annual report
「The Group expects the impact on its business, operating performance and financial position from restrained consumption due to higher prices, the Noto Peninsula Earthquake and the issue of improper automobile certification to be limited.」
The Group identifies higher prices, the Noto Peninsula Earthquake and the improper automobile certification issue as new external factors, while recognising that their impact is limited. - FY2020MaterialisedAnnual report
「In addition, the COVID-19 pandemic, which has been spreading since the beginning of 2020, has affected economic activity on a global scale.」
In addition to the previous risks associated with deteriorating economic and employment conditions, the Group states that COVID-19 has in fact affected the global economy and its business environment. - FY2019RestatedAnnual report
「The Group’s core credit and warranty businesses could, if changes in the economic environment, tax reforms or deteriorating employment conditions occur in the future, experience a decline in personal consumption」
The Group continues to identify the risk that deteriorating economic, tax and employment conditions could affect personal consumption, transaction volume and receivables collection. - FY2018First statedAnnual report
「Changes in the economic environment, tax reforms and deteriorating employment conditions could reduce personal consumption, resulting in lower transaction volume and an adverse impact on receivables collection in the credit business, as well as lower transaction volume in the warranty business.」
The Group identifies as risks the possibility that changes in economic conditions, taxation and employment conditions could affect personal consumption, transaction volume and receivables collection.