Challenging Business Environment Due to International Instability
First written in FY2022. 7 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 106 of 135 companies on the "Worse" side.
- FY2026RestatedAnnual report
「We expect difficult conditions to continue because corporate capital investment trends remain uncertain due to prolonged unstable international conditions and concerns over the outlook for the Chinese economy.」
Prolonged unstable international conditions, concerns over the outlook for the Chinese economy and uncertainty regarding corporate capital investment trends continue to be identified as factors contributing to the challenging business environment. - 2026-05-15WorsenedOccurring Fact
「The sustained high level of raw material prices and increasing instability in the international situation became factors weighing on the economy. As a result, uncertainty about the outlook increased further, and the business environment generally remained challenging.」
The company stated that increasing instability in the international situation had further heightened uncertainty about the outlook. - FY2026-H1RestatedAnnual report
「During the interim consolidated fiscal period, Japan’s economy remained on a moderate recovery trend against a backdrop of solid corporate performance. At the same time, soaring raw material prices and unstable international conditions continued to weigh on the economy, and the outlook remained uncertain.」
The view that the domestic economy is on a moderate recovery trend but the outlook remains uncertain due to soaring raw material prices and unstable international conditions continues. - FY2025RestatedAnnual report
「Regarding the outlook, corporate capital investment trends remain uncertain due to prolonged unstable international conditions and concerns over the outlook for the Chinese economy, and we expect difficult conditions to continue.」
Prolonged unstable international conditions, concerns over the outlook for the Chinese economy and uncertainty regarding corporate capital investment trends continue to be identified as factors contributing to the challenging business environment. - FY2024-Q3RestatedAnnual report
「During the nine months ended the third quarter, Japan’s economy was recovering moderately as social and economic activity normalized. However, the economy remained unpredictable due to numerous concerns, including rising prices against a backdrop of yen depreciation and concerns over the outlook for the Chinese economy.」
While recognizing a moderate recovery driven by the normalization of social and economic activity, the view that the economic outlook remains unpredictable due to yen depreciation, rising prices and concerns over the Chinese economy continues. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter, Japan’s economy was on a recovery trend, led mainly by domestic demand. However, the outlook for the economy remained uncertain due to the weaker yen, rising prices and, among other factors, changes in the Chinese economy.」
The external environment is described as being on a recovery trend, while uncertainty about the outlook continues due to the weaker yen, rising prices and changes in the Chinese economy. - FY2024-Q1RestatedAnnual report
「During the nine months ended the first quarter, Japan’s economy showed signs of recovery as restrictions on economic activity were eased, but the outlook remained uncertain due to sharp currency fluctuations and soaring raw material and energy prices associated with worsening international conditions.」
Although there were signs of recovery in economic activity, uncertainty about the outlook continued due to sharp currency fluctuations, worsening international conditions, and soaring raw material and energy prices. - FY2023WorsenedAnnual report
「Regarding the outlook, economic activity is recovering from the impact of COVID-19, but difficult conditions are expected to continue as unstable international conditions persist and inflation accelerates.」
In addition to prolonged unstable international conditions, accelerating inflation has been identified as an outlook-related factor, reinforcing the view that the challenging business environment will continue. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter, Japan’s economy showed signs of recovery from the impact of COVID-19. However, as unstable international conditions persisted, concerns over inflation, supply-side constraints and volatility in the financial and capital markets remained unresolved, and the outlook continued to be uncertain.」
The view has been expressed that concerns over inflation, supply-side constraints and volatility in the financial and capital markets continue against a backdrop of prolonged unstable international conditions. - FY2023-Q2WorsenedAnnual report
「During the six months ended the second quarter, Japan’s economy remained uncertain. Although the impact of COVID-19 was gradually easing, concerns persisted over the effects of inflation, supply-side constraints and volatility in the financial and capital markets against a backdrop of unstable international conditions.」
In addition to inflation driven by unstable international conditions, supply-side constraints and volatility in the financial and capital markets have emerged as specific sources of concern, and the view that the outlook remains uncertain continues. - FY2023-Q1WorsenedAnnual report
「During the nine months ended the first quarter, Japan’s economy remained uncertain as the prolonged impact of COVID-19 coincided with rising global raw material and energy prices against a backdrop of unstable international conditions.」
In addition to unstable international conditions, rising global raw material and energy prices have been identified as actual business-environment factors, and the view that the outlook remains uncertain continues. - FY2022First statedAnnual report
「Regarding the outlook, the timing of the end of the COVID-19 pandemic remains uncertain, and the impact of unstable international conditions and shortages of components such as semiconductors is also a concern. We expect the extremely challenging business environment to continue.」
In addition to COVID-19, unstable international conditions and shortages of components such as semiconductors have been explicitly identified for the first time as factors expected to sustain an extremely challenging business environment.