Impact of Accelerating Inflation and Rising Interest Rates on Corporate and Consumer Sentiment and the Automotive Market
First written in FY2023-Q1. 6 of 9 entries say "Worsened", first in FY2023-Q3. Latest entry: FY2026.
Tachi-S moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 41 of 58 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The business environment is becoming increasingly uncertain, amid surging crude oil prices caused by the military conflict involving Iran and the impact on supply chains related to petroleum products.」
In addition to the existing risks of inflation, high interest rates and higher energy costs, surging crude oil prices caused by the military conflict involving Iran and the impact on supply chains were cited. - FY2025WorsenedAnnual report
「The main risks include the impact on the global economy of the Trump administration's review of its major policies in the United States, as well as China's persistently sluggish economy.」
In addition to inflation and rising interest rates, policy changes by the US administration and the stagnation of the Chinese economy were explicitly identified as downside factors for the global economy. - FY2025-H1WorsenedAnnual report
「There are also numerous downside factors, including the possibility that price increases will accelerate due to higher labour costs and logistics costs, rising and potentially prolonged energy costs against a backdrop of geopolitical risks such as worsening conditions in the Middle East, the expected prolonged stagnation of the Chinese economy, and the impact of the outcome of the US presidential election in November.」
Multiple downside factors were explicitly identified for inflation and cost increases, including labour and logistics costs, energy costs, the stagnation of the Chinese economy, and the outcome of the US presidential election. - FY2024-Q2WorsenedAnnual report
「In assessing future business trends, it will be necessary to closely monitor the impact of prolonged high interest rates in major countries on vehicle sales, as well as developments in the Chinese market, where sales of Japanese vehicles have generally remained sluggish.」
Concerns about the impact of interest rate hikes continued to be cited, specifically in terms of the effect of prolonged high interest rates in major countries on vehicle sales. - FY2024-Q1RestatedAnnual report
「In assessing future business trends, the key question is whether the interest rates that have been raised in major countries to curb price increases can achieve a soft landing without causing a significant decline in vehicle sales.」
The impact of rising prices and interest rate hikes on vehicle sales was cited as a risk that continues to require close monitoring. The burden on private consumption from high prices in Japan was also mentioned. - FY2023WorsenedAnnual report
「In the automobile industry in which our group operates, prolonged semiconductor shortages and other supply-chain problems have continued to leave the automobile manufacturers that are our customers unable to secure their originally planned production volumes.」
In addition to an economic slowdown caused by inflation and rising interest rates, the business environment was described as one in which supply constraints continue, and uncertainty about the outlook remains. - FY2023-Q3WorsenedAnnual report
「In addition, the economy is showing increasing signs of slowing as countries around the world, including the United States, raise interest rates to curb inflation.」
Regarding inflation and rising interest rates identified as concerns in the previous quarter, it was stated that the economy was showing increasing signs of slowing as countries raised interest rates. - FY2023-Q2MaterialisedAnnual report
「In addition, rapid interest rate hikes by the United States aimed at curbing inflation have caused the yen to weaken and prices to rise, leading to a deterioration in consumer sentiment.」
Regarding accelerating inflation and rising interest rates identified as concerns in the previous quarter, it was stated that these factors were causing consumer sentiment to deteriorate through yen depreciation and higher prices, indicating that the impact had materialised. - FY2023-Q1First statedAnnual report
「In assessing the future business environment, concern has been growing about the impact of accelerating inflation on corporate and consumer sentiment. As major countries accelerate interest rate hikes to curb inflation, the impact on the automotive market going forward must be closely monitored.」
The impact of accelerating inflation on corporate and consumer sentiment and the impact of accelerated interest rate hikes in major countries on the future automotive market were explicitly identified as new risks.