Foreign exchange and share-price volatility from China’s slowdown and the UK’s decision to leave the EU
First written in FY2017-Q1. 12 of 17 entries say "Restated". Latest entry: FY2026.
Watami moved to the "Worse" side of this theme in 2020, 1 year after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 146 of 180 companies on the "Worse" side.
56 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Energy and raw material prices have remained high due to geopolitical risks, including the situations in Israel and Palestine and between Russia and Ukraine. In addition, a conflict between the United States and Iran that began in February and the resulting blockade of the Strait of Hormuz have created risks to oil supplies, and the highly uncertain economic environment continues.」
In addition to the existing overseas economic and geopolitical risks, the company cites the conflict between the United States and Iran, the blockade of the Strait of Hormuz, and oil supply risks as new sources of uncertainty. - FY2023-Q3RestatedAnnual report
「Overseas, the economy remained uncertain as Hong Kong and China experienced economic slowdowns associated with lockdowns under their zero-COVID policies.」
The company continues to cite the economic slowdown associated with lockdowns in Hong Kong and China and uncertainty in overseas economies as external-environment concerns. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, Japan’s economy remained uncertain as efforts to bring the COVID-19 pandemic under control accelerated, while raw material prices continued to rise following Russia’s invasion of Ukraine and inflation driven by the rapid depreciation of the yen persisted.」
In addition to the existing uncertainty surrounding overseas economies, the company cites Russia’s invasion of Ukraine, higher raw material prices, and inflation caused by the rapid depreciation of the yen as new sources of uncertainty. - FY2022-Q3RestatedAnnual report
「Outside Japan as well, the outlook remained uncertain amid concerns over an economic slowdown resulting from the spread of the COVID-19 pandemic.」
The company continues to cite concerns over an economic slowdown and an uncertain outlook overseas due to the spread of infectious diseases. - FY2020WorsenedAnnual report
「During the fiscal year, Japan’s economy initially saw continued improvement in employment and income conditions. However, in addition to the impact of rising uncertainty in overseas economies, including the future course of trade issues between the US and China, the economy felt increasing stagnation from the consumption tax increase. The global spread of the COVID-19 pandemic then caused domestic consumption to cool sharply, resulting in a rapid deterioration of the economy.」
In addition to uncertainty arising from trade issues between the US and China, the disclosure describes the sharp cooling of domestic consumption caused by the consumption tax increase and the COVID-19 pandemic. - FY2020-Q3RestatedAnnual report
「During the cumulative period of the current quarter, Japan’s economy showed a gradual recovery as employment and income conditions improved, supported by the continued economic and monetary policies of the government and the Bank of Japan. However, the outlook remained uncertain amid concerns over the impact of rising uncertainty in overseas economies, including the future course of trade issues between the US and China.」
Uncertainty in overseas economies, including trade issues between the US and China, continues to be cited as a factor contributing to an uncertain outlook. - FY2020-Q2RestatedAnnual report
「During the cumulative period of the current quarter, Japan’s economy showed a gradual recovery as employment and income conditions improved, supported by the continued economic and monetary policies of the government and the Bank of Japan. However, the outlook remained uncertain amid concerns over the impact of rising uncertainty in overseas economies, including the future course of trade issues between the US and China.」
Uncertainty in overseas economies, including trade issues between the US and China, continues to be cited as a factor contributing to an uncertain outlook. - FY2019-Q3RestatedAnnual report
「However, uncertainty over the outlook persisted as protectionism gained ground, as seen in the US-China trade friction.」
The rise of protectionism, as seen in US-China trade friction, continues to be cited as a factor contributing to an uncertain outlook. - FY2019-Q2RestatedAnnual report
「However, uncertainty over the outlook persisted as protectionism gained ground, as seen in the US-China trade friction.」
The rise of protectionism, as seen in US-China trade friction, continues to be cited as a factor contributing to an uncertain outlook. - FY2019-Q1WorsenedAnnual report
「However, uncertainty over the outlook persisted as protectionism gained ground, as seen in the US-China trade friction.」
In addition to the previously cited uncertainty in overseas economies, the rise of protectionism, as seen in US-China trade friction, is cited as a factor contributing to an uncertain outlook. - FY2018RestatedAnnual report
「During the fiscal year, Japan’s economy showed a gradual recovery as employment and income conditions improved, supported by the continued economic measures and monetary policy of the government and the Bank of Japan. However, the outlook remained uncertain amid concerns over the impact of uncertainty in overseas economies and rising geopolitical risks.」
Uncertainty in overseas economies and geopolitical risks continue to be cited as external concerns. - FY2018-Q3RestatedAnnual report
「During the nine months ended the third quarter, Japan’s economy remained on an uncertain outlook. Corporate earnings continued to improve, but concerns remained over the impact on Japan’s economy of the economic slowdown in emerging economies, the UK’s departure from the European Union and developments in the US economy.」
The economic slowdown in emerging markets, the UK’s departure from the EU and concerns over the impact of US economic developments continue to be cited as sources of uncertainty in the external environment. - FY2018-Q2RestatedAnnual report
「During the six months ended the second quarter, Japan’s economy remained on an uncertain outlook. Corporate earnings continued to improve, but concerns remained over the impact on Japan’s economy of the economic slowdown in emerging economies, the UK’s departure from the European Union and developments in the US economy.」
The economic slowdown in emerging markets, the UK’s departure from the EU and concerns over the impact of US economic developments continue to be cited as sources of uncertainty in the external environment. - FY2018-Q1RestatedAnnual report
「During the current quarter, Japan’s economy remained on an uncertain outlook. Corporate earnings continued to improve, but concerns remained over the impact on Japan’s economy of the economic slowdown in emerging economies, the UK’s departure from the European Union and developments in the US economy.」
The economic slowdown in emerging markets, the UK’s departure from the EU and concerns over the impact of US economic developments continue to be cited as sources of uncertainty in the external environment. - FY2017-Q3RestatedAnnual report
「Meanwhile, the outlook remained uncertain, with concerns over the impact on financial and capital markets arising from the economic slowdown in China and other emerging economies and the UK’s decision to leave the European Union.」
The economic slowdown in emerging markets, the UK’s decision to leave the EU and the impact on financial and capital markets are again cited as external concerns. - FY2017-Q2RestatedAnnual report
「Meanwhile, the outlook remained uncertain, with concerns over the impact on financial and capital markets arising from the economic slowdown in China and other emerging economies and the UK’s decision to leave the European Union.」
The economic slowdown in emerging markets, the UK’s decision to leave the EU and the impact on financial and capital markets are again cited as external concerns. - FY2017-Q1First statedAnnual report
「The economy remained on an uncertain outlook without achieving a full-fledged recovery, amid a sharp appreciation of the yen and declines in share prices resulting from the economic slowdown in China and other emerging economies and the UK’s decision to leave the European Union.」
The economic slowdown in emerging markets, the UK’s decision to leave the EU, yen appreciation and falling share prices are described as external factors hindering the economic recovery.