Downside risks to the economies of China, emerging Asian countries and resource-rich countries
First written in FY2017-Q1. 11 of 23 entries say "Restated". Latest entry: 2026-08-14.
The whole theme swung hardest in 2022: 128 of 169 companies on the "Worse" side.
- 2026-08-14RestatedResults
「実質賃金の改善を背景に個人消費に持ち直しの動きが見られる一方、中東情勢の緊迫化に伴う原油価格の上昇や、これに起因する物価上昇圧力により、消費者マインドは依然として力強さを欠く展開となりました。設備投資についても様子見の姿勢が続くなど、企業・家計双方にとって先行き不透明な状況が継続いたしました。」
中東情勢、原油価格上昇、物価上昇圧力、設備投資の様子見姿勢による先行き不透明感が継続している。 - FY2026WorsenedAnnual report
「On the other hand, the outlook remains uncertain due to the impact of soaring prices on personal consumption, heightened tensions in the Middle East, developments in US trade policy, and fluctuations in foreign exchange rates.」
Although factors supporting improvement, including inbound demand, were present, high prices, their impact on personal consumption, conditions in the Middle East, US trade policy and foreign exchange movements were added and specified as factors contributing to uncertainty. - 2026-05-15RestatedRevision to earnings forecast
「On the other hand, the outlook remains uncertain due to the impact of soaring prices on personal consumption, heightened tensions in the Middle East, developments in US trade policy, and fluctuations in foreign exchange rates.」
物価高騰、中東情勢、米国の通商政策、為替変動を不透明要因とする説明が継続した。 - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, Japan’s economy continued to improve moderately, supported by a recovery in inbound demand. However, the outlook remained uncertain due to US monetary policy, foreign exchange movements, geopolitical risks including conditions in the Middle East and Ukraine, and inflation accompanied by surging raw material prices.」
Although the recovery in inbound demand was cited as a positive factor, uncertainty continued due to US monetary policy, foreign exchange movements, geopolitical risks, and surging raw material prices and inflation. - FY2025-H1WorsenedAnnual report
「Meanwhile, the outlook remains uncertain due to the impact of higher prices resulting from soaring resource prices and the rapid depreciation of the yen amid global monetary tightening, the slowdown in the Chinese economy, and the prolonged situation in Ukraine and deterioration in the situation in the Middle East.」
In addition to the previous uncertainty in overseas economies and international conditions, a slowdown in the Chinese economy, worsening conditions in the Middle East, surging resource prices, a sharp depreciation of the yen and high prices were cited as factors contributing to uncertainty. - FY2024-Q2RestatedAnnual report
「Although the global economy was generally on a recovery trend, the outlook remained uncertain as monetary tightening in Europe and the United States and high resource and raw material prices continued.」
Although the global economy was reported to be recovering, uncertainty continued due to monetary tightening in Europe and the United States and high resource and raw material prices. - FY2024-Q1WorsenedAnnual report
「During the three-month period ended [the current first quarter], Japan’s economy showed signs of a moderate recovery as economic activity normalized following the reclassification of COVID-19 as a Class 5 infectious disease. However, the outlook remained uncertain due to the prolonged conflict in Europe and surging raw material and energy prices resulting from the weak yen.」
While signs of normalization following the reclassification of COVID-19 as a Class 5 infectious disease were reported, the prolonged conflict in Europe, the weak yen and surging raw material and energy prices were cited as new factors contributing to uncertainty. - FY2023WorsenedAnnual report
「During the consolidated fiscal year, Japan’s economy began to recover moderately as restrictions related to COVID-19 were gradually eased. However, the economic outlook remained uncertain due to the prolonged situation in Ukraine, higher energy prices resulting from global inflation, and a sharp depreciation of the yen and appreciation of the dollar in the foreign exchange market.」
Although a recovery in economic activity was reported, the prolonged situation in Ukraine, global inflation, rising energy prices and a sharp depreciation of the yen and appreciation of the dollar were explicitly identified as factors contributing to uncertainty. - FY2023-Q3WorsenedAnnual report
「However, the outlook remained uncertain due to surging resource prices and energy costs.」
In addition to the previous uncertainty concerning overseas economies and international conditions, surging resource prices and energy costs are explicitly cited as factors contributing to an uncertain outlook. - FY2023-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], Japan’s economy began to recover as personal consumption and capital investment picked up following the easing of restrictions on activities related to COVID-19. However, the outlook remained uncertain due to surging resource prices resulting from the prolonged situation in Ukraine and a sharp depreciation of the yen due to the widening interest-rate differential between Japan and the United States.」
Although signs of recovery in economic activity were reported, uncertainty continued, including surging resource prices due to the situation in Ukraine and a sharp depreciation of the yen due to the Japan-US interest-rate differential. - FY2023-Q1WorsenedAnnual report
「However, the outlook remained uncertain due to surging resource prices resulting from the prolonged situation in Ukraine, a sharp depreciation of the yen due to the widening interest-rate differential between Japan and the United States, and the recent resurgence of COVID-19 infections.」
In addition to the previous uncertainty in international conditions and overseas economies, the prolonged situation in Ukraine, surging resource prices and the sharp depreciation of the yen due to the Japan-US interest-rate differential are cited as factors contributing to uncertainty. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, Japan’s economy showed signs of recovery as economic activity resumed with vaccinations and the easing of restrictions on activities, despite the prolonged impact of COVID-19. However, the outlook remained uncertain due in part to surging resource prices following the situation in Ukraine.」
In addition to the previous uncertainty in overseas economies and international conditions, surging resource prices following the situation in Ukraine have been added as a factor contributing to an uncertain outlook. - FY2020RestatedAnnual report
「During the consolidated fiscal year, Japan’s economy continued to recover moderately, with improvements in employment, the effect of the change of era name and front-loaded demand ahead of the consumption tax increase, while the outlook for overseas economies remained uncertain due to international conditions involving the United States and China and the United States and North Korea.」
Uncertainty over the outlook for overseas economies arising from international conditions involving the United States and China and other countries continues. - FY2020-Q3WorsenedAnnual report
「However, the outlook remained uncertain amid an unstable international situation, including a succession of natural disasters, the impact of the consumption tax increase, US-China trade friction and the issue of the UK’s withdrawal from the EU.」
In addition to the previous consumption tax increase and US-China trade friction, a succession of natural disasters and the issue of the UK’s withdrawal from the EU are cited as factors contributing to uncertainty. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], Japan’s economy remained uncertain despite improvements in employment and income conditions and a moderate increase in capital investment, due to the impact of the consumption tax increase implemented in October and the prolonged US-China trade friction.」
In addition to the prolonged US-China trade friction, the impact of the consumption tax increase is cited as a factor contributing to an uncertain outlook. - FY2020-Q1WorsenedAnnual report
「During the three-month period ended [the current first quarter], Japan’s economy continued to recover moderately, with improvements in employment and income conditions. However, uncertainty over overseas economic trends and policies, including US-China trade issues, made the outlook for the economy increasingly uncertain.」
In addition to the previous US-China trade issues and uncertainty in overseas economies, the outlook for the economy is described as becoming increasingly uncertain, indicating heightened concerns. - FY2019RestatedAnnual report
「However, the outlook remains uncertain due to the impact of developments in US-China trade issues on the global economy and increasing uncertainty in overseas economies, including China.」
The view continues that US-China trade issues and uncertainty in overseas economies, including China, are factors contributing to an uncertain outlook. - FY2019-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], Japan’s economy continued to recover moderately, with improvements in corporate earnings and the employment environment, but the outlook remained uncertain amid concerns over the impact of escalating US-China trade friction on the global economy.」
Concerns over the impact of US-China trade friction on the global economy and the view that the outlook remains uncertain continue. - FY2019-Q2WorsenedAnnual report
「During the six-month period ended [the current second quarter], Japan’s economy continued to recover moderately, with improvements in corporate earnings and the employment environment, but the outlook remained uncertain amid concerns over the impact of escalating US-China trade friction on the global economy.」
In addition to the previous downside risks in China and Asia and geopolitical risks, escalating US-China trade friction has been identified as a specific factor of concern for the global economy. - FY2018WorsenedAnnual report
「The outlook for the domestic economy remained uncertain due to uncertainty over the administration of governments in Europe and the United States and rising geopolitical risks in Asia.」
In addition to the previous downside risks to the economies of China and emerging Asian countries, rising geopolitical risks in Asia are cited as a factor contributing to uncertainty in the external environment. - FY2017-Q3RestatedAnnual report
「The outlook remained uncertain, with downside risks to the economies of China, other emerging Asian countries and resource-rich countries continuing.」
Downside risks to the economies of China, emerging Asian countries and resource-rich countries continue to be cited as factors contributing to uncertainty in the external environment. - FY2017-Q2RestatedAnnual report
「The outlook remained uncertain, with downside risks to the economies of China, other emerging Asian countries and resource-rich countries continuing.」
Downside risks to the economies of China, emerging Asian countries and resource-rich countries continue to be cited as factors contributing to uncertainty in the external environment. - FY2017-Q1First statedAnnual report
「The outlook remained uncertain, with downside risks to the economies of China, other emerging Asian countries and resource-rich countries continuing.」
Downside risks to the economies of China, emerging Asian countries and resource-rich countries are cited as factors contributing to an uncertain outlook.