Uncertainty from Overseas Economies and U.S. Trade Policy
First written in FY2019-Q2. 12 of 16 entries say "Restated". Latest entry: 2026-07-14.
The whole theme swung hardest in 2022: 104 of 134 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「Meanwhile, amid instability in the international situation, including US trade policy and developments surrounding Ukraine and the Middle East, the outlook remains uncertain as inflation driven by higher prices for various raw materials and energy, yen depreciation, natural disasters and other factors continues.」
U.S. trade policy, the situations in Ukraine and the Middle East, raw material and energy prices, yen depreciation and natural disasters continue to be identified as external-environment uncertainties. - FY2025U.S. Policy and Middle East Geopolitical Risks AddedAnnual report
「During the fiscal year, the Japanese economy was on a gradual recovery trend due to improvements in employment and income conditions, but the outlook remained uncertain because of the effects of U.S. policy developments and heightened geopolitical risks in Ukraine, the Middle East and elsewhere.」
Specific references to U.S. policy developments and geopolitical risks in Ukraine, the Middle East and elsewhere have been added to the existing uncertainty related to overseas economies and international conditions. - FY2025-H1Added volatility in financial and capital marketsAnnual report
「During the interim accounting period, a moderate recovery in the Japanese economy was expected to continue amid improvements in employment and income conditions and the effects of various policies. However, risks including a downturn in overseas economies and volatility in financial and capital markets could weigh on Japan's economy, leaving some uncertainty over the outlook.」
In addition to the existing uncertainty from overseas economies and international conditions, a downturn in overseas economies and volatility in financial and capital markets are explicitly identified as factors that could weigh on economic conditions. - FY2024-Q2RestatedAnnual report
「During the cumulative first half, the Japanese economy remained on an uncertain outlook despite a recovery trend in personal consumption and inbound demand following the lifting of restrictions on activity after COVID-19 was reclassified as a Class 5 disease, as unstable international conditions, yen depreciation and persistently high raw material prices continued to weigh on the outlook.」
While a recovery trend in personal consumption and inbound demand is indicated, uncertainty over the outlook due to unstable international conditions, yen depreciation and persistently high raw material prices continues. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, the Japanese economy remained on an uncertain outlook despite a recovery trend in personal consumption and inbound demand following the lifting of restrictions on activity after COVID-19 was reclassified as a Class 5 disease, as unstable international conditions, yen depreciation and persistently high raw material prices continued to weigh on the outlook.」
While a recovery trend in personal consumption and inbound demand is indicated, uncertainty over the outlook due to unstable international conditions, yen depreciation and persistently high raw material prices continues. - FY2023-Q3RestatedAnnual report
「During the cumulative first three quarters, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
While the impact of COVID-19 is considered to be trending downward, uncertainty over the economic outlook due to the situation in Russia and Ukraine, among other factors, continues. - FY2023-Q2RestatedAnnual report
「During the cumulative first half, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
While the impact of COVID-19 is considered to be trending downward, uncertainty over the economic outlook due to the situation in Russia and Ukraine, among other factors, continues. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, the Japanese economy faced an uncertain outlook due to the effects of the situation in Russia and Ukraine, among other factors, although the impact of COVID-19 was trending downward.」
While the impact of COVID-19 is considered to be trending downward, the view that the economic outlook remains uncertain due to the situation in Russia and Ukraine, among other factors, continues. - FY2022-Q3Addition of the situation in Russia and UkraineAnnual report
「During the cumulative first three quarters, the Japanese economy continued to face an uncertain outlook, as the spread of COVID-19 variants was compounded by the deteriorating situation in Russia and Ukraine as a factor weighing on economic conditions.」
In addition to the existing uncertainty from overseas economies and trade policies, the situation in Russia and Ukraine is explicitly identified as a factor weighing on economic conditions. - FY2020-Q3RestatedAnnual report
「During the cumulative first half, the Japanese economy continued to face an uncertain outlook due to factors including the prolonged U.S.-China trade friction and the spread of COVID-19.」
The prolonged U.S.-China trade friction and the spread of COVID-19 continue to be identified as external-environment uncertainties. - FY2020-Q2RestatedAnnual report
「The outlook remains uncertain because of factors including the prolonged U.S.-China trade conflict and the spread of COVID-19.」
External-environment uncertainty, including the prolonged U.S.-China trade friction, continues to be cited. COVID-19 will be recorded as a new risk in a separate thread. - FY2019RestatedAnnual report
「Meanwhile, the outlook remains uncertain, including because of the need to monitor the uncertainty surrounding overseas economies and the effects of U.S.-led trade policies.」
Uncertainty related to overseas economies and U.S. trade policy continues to be identified as an external-environment risk. - FY2019-Q4RestatedAnnual report
「Meanwhile, the outlook remains uncertain, including because of the need to monitor the uncertainty surrounding overseas economies and the effects of U.S.-led trade policies.」
Overseas economies and U.S.-led trade policies continue to be cited as factors contributing to an uncertain outlook. - FY2019-Q2First statedAnnual report
「Meanwhile, the outlook remains uncertain, including because of the need to monitor the uncertainty surrounding overseas economies and the effects of U.S.-led trade policies.」
Overseas economies and U.S.-led trade policies are identified explicitly for the first time as factors contributing to an uncertain outlook.