Economic Fluctuations and Deterioration in Financial Markets
First written in FY2021. 6 of 11 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026.
Ai Partners Financial moved to the "Worse" side of this theme in 2022, 4 years after the typical company in this theme (2018).
The whole theme swung hardest in 2022: 12 of 20 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Sharp rise in the stock market coexisting with a sharp year-end decline and market volatilityAnnual report
「Although stock prices plunged globally toward the end of the period owing to escalating tensions in the Middle East and a sharp rise in crude oil prices, the Nikkei Stock Average stood at ¥51,063.72 at the end of the fiscal year under review, up 43.4% from the end of the previous consolidated fiscal year, representing a substantial full-year increase.」
Although stock prices plunged at the end of the period owing to geopolitical factors and other developments, the Nikkei Stock Average rose 43.4% over the full year, indicating that strong stock market performance coexisted with uncertainty and sharp volatility. - FY2026-H1Rising stock market and continued uncertaintyAnnual report
「With respect to overseas economies, concern arose over the impact of the Trump administration’s tariff policies, particularly on countries with high export exposure to the United States, while geopolitical risks and the resulting unstable international situation became risk factors for the global economy and financial markets. Meanwhile, the business environment surrounding our Group remained on an upward trend, with volatility continuing in the foreign exchange market amid changing expectations for the Japan–US interest rate differential, while various indicators of the Japanese and US stock markets reached new highs.」
While uncertainty from foreign exchange volatility, tariff policies and geopolitical risks continued, the Japanese and US stock markets remained on an upward trend, including the setting of new highs, so the description of the risk environment was no longer uniformly negative. - FY2025MaterialisedAnnual report
「In addition to longstanding geopolitical risks and concerns about a slowdown in the Chinese economy, the emergence of the second Trump administration in the United States in January 2025 became a new risk factor in the business environment surrounding the Group. In particular, the introduction of various additional tariff policies caused sharp fluctuations in stock and foreign exchange markets over short periods, further increasing uncertainty about the outlook for financial markets and economic conditions.」
The company states that sharp short-term fluctuations in stock and foreign exchange markets and increased uncertainty about the outlook occurred following the introduction of additional tariff policies. - FY2025-H1MaterialisedAnnual report
「The business environment surrounding the Group became more uncertain and change accelerated, amid short-term, sharp fluctuations in foreign exchange markets stemming from the outlook for the Japan-US interest rate differential, the Nikkei Stock Average's day-to-day movements in August, when it posted its largest-ever declines and gains, and developments in domestic politics, including the subsequent LDP presidential election.」
The company states that financial market uncertainty and volatility actually occurred, including sharp fluctuations in foreign exchange markets and large swings in the Nikkei Stock Average. - FY2024-Q2RestatedAnnual report
「The business environment surrounding the Group was favorable, as the Nikkei Stock Average rose to levels not seen in approximately 33 years, driven by foreign investors buying Japanese equities and the yen's depreciation in the foreign exchange market.」
The company continues to describe favorable market conditions, including a rise in Japanese stocks, from the previous quarter. At the same time, it points to concerns about geopolitical risks, a slowdown in the Chinese economy and the adverse effects of monetary tightening on overseas economies. - FY2024-Q1Improvement in market conditionsAnnual report
「The business environment surrounding the Group was favorable, as the Nikkei Stock Average rose to levels not seen in approximately 33 years, driven by foreign investors buying Japanese equities and the yen's depreciation in the foreign exchange market.」
Unlike the financial market instability and deterioration described in the previous fiscal year, the company describes favorable market conditions during the quarter, including a rise in Japanese stocks. - FY2023MaterialisedAnnual report
「The domestic and overseas financial markets surrounding the Group were volatile under the influence of monetary policy, as monetary tightening to curb inflation continued, particularly in Europe and the United States.」
The company states that market instability resulting from the effects of monetary policy also occurred during the fiscal year. Revenue fell 21.2% year on year, and the company posted an operating loss of ¥121,005 thousand. - FY2023-Q3MaterialisedAnnual report
「The domestic and overseas financial markets surrounding the Group were volatile, influenced by US monetary policy and fluctuations in concern over the Federal Reserve Board's accelerated monetary tightening to curb inflation.」
The company states that volatility in domestic and overseas financial markets due to the effects of US monetary policy actually occurred. Cumulative revenue fell 26.7% year on year to ¥2,232,654 thousand, and the company posted an operating loss of ¥86,833 thousand, but no causal relationship with market conditions is explicitly stated. - FY2023-Q2MaterialisedAnnual report
「Amid continued monetary tightening to curb inflation and concerns about an economic recession, domestic and overseas stock markets were strongly influenced by monetary policy in major countries, and investors became increasingly risk averse.」
The company states that declines in domestic and overseas stock markets and heightened investor risk aversion, driven by monetary tightening and concerns about an economic recession, continued from the previous quarter. Asset valuations also fell sharply due to declining market prices, but the company says this was offset by a net increase of ¥7,238 million in funds introduced, after withdrawals. - FY2023-Q1MaterialisedAnnual report
「Domestic and overseas stock markets declined amid concerns about a global economic slowdown, as China imposed lockdowns to combat COVID-19 and central banks in various countries, including the Federal Reserve Board, raised interest rates to curb inflation.」
The company states that deteriorating market conditions in the form of declines in domestic and overseas stock markets actually occurred. During the same quarter, revenue fell 27.9% year on year and the company posted an operating loss of ¥37,598 thousand, but no causal relationship with deteriorating market conditions is explicitly stated. - FY2021First statedAnnual report
「The Group's core financial instruments intermediary and insurance solicitation businesses are highly susceptible to the effects of economic trends, stock prices, interest rates, foreign exchange rates and other financial market factors. If the economy slows or market conditions deteriorate, reduced investment appetite and lower transaction volumes could reduce the Group's revenue and affect its financial position and operating results.」
The company identifies declines in investment appetite, transactions and revenue resulting from deteriorating market conditions as risks.