Uncertainty in overseas economies and volatility in financial and capital markets
First written in FY2018-Q2. 10 of 24 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2024.
The whole theme swung hardest in 2022: 125 of 168 companies on the "Worse" side.
- FY2024DroppedAnnual reportThe risks related to uncertainties in overseas economies and volatility in financial and capital markets were not included as a separate item under risks related to the business and other matters for the current fiscal year.
- FY2023WorsenedAnnual report
「During the current consolidated fiscal year, pressure weighing on the global economy intensified due to inflation, including rising raw-material and energy prices, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends.」
Inflation, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends emerged as pressures weighing on the economy in the operating environment for the full fiscal year. - FY2023-Q3WorsenedAnnual report
「During the third quarter of the current consolidated fiscal year, pressure weighing on the economy intensified due to inflation, including rising raw-material and energy prices, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends, and the outlook remained difficult to predict.」
Inflation, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends were presented in parallel as pressures weighing on the economy, heightening uncertainty about the outlook. - FY2023-Q2WorsenedAnnual report
「During the second quarter of the current consolidated fiscal year, the global economy remained unstable due to inflation, including rising raw-material and energy prices, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends. Uncertainty about the outlook intensified further.」
Inflation, the prolonged situation in Ukraine, and significant volatility in financial markets and foreign-exchange trends were presented in parallel, further heightening uncertainty about the outlook. - FY2023-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, the global economy generally showed signs of recovery, although some regions, including China, stagnated as lockdown measures were implemented in response to COVID-19. Meanwhile, the outlook remained difficult to predict amid rising raw-material and energy prices, the prolonged situation in Ukraine and volatility in financial markets.」
China's lockdowns, rising raw-material and energy prices, the prolonged situation in Ukraine and volatility in financial markets were identified as factors contributing to an uncertain outlook. - FY2022WorsenedAnnual report
「During the current consolidated fiscal year, there were periods in which social and economic activity moved toward normalization as COVID-19 vaccinations progressed, but conditions became unstable again in the second half of the fiscal year due to the emergence of highly infectious variants, rising raw-material prices and supply-chain disruptions resulting from the situation in Ukraine.」
In addition to COVID-19 and rising raw-material prices, supply-chain disruptions resulting from the situation in Ukraine emerged as a new source of instability in the actual business environment. - FY2022-Q3WorsenedAnnual report
「During the third quarter of the current consolidated fiscal year, the global economy showed signs of recovery as COVID-19 vaccinations progressed, but the outlook remained uncertain due to the resurgence of highly infectious variants, supply constraints caused by shortages of components and disruptions to logistics networks, and rising raw-material prices.」
While acknowledging an economic recovery supported by vaccinations, newly specified the resurgence of variants, component shortages, logistics disruptions and rising raw-material prices as factors contributing to an uncertain outlook. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, the global economy showed signs of recovery as vaccination rates for the novel coronavirus (COVID-19) rose and government measures progressed in various countries. However, the outlook remained uncertain due to concerns including the global semiconductor shortage and rising raw material prices.」
While citing an economic recovery supported by vaccinations and other factors, reconfirmed the view that the outlook remained uncertain due to semiconductor shortages and rising raw-material prices. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, the U.S. and Chinese economies showed signs of recovery as measures against the spread of the novel coronavirus (COVID-19), including vaccinations, progressed. However, social and economic activity remained restricted and difficult conditions continued in Japan and many other countries due to the resurgence of infections caused by variants.」
While signs of recovery were seen in the United States and China, reconfirmed the view that difficult economic conditions would continue due to the resurgence of infections caused by variants and restrictions on social and economic activity. - FY2021RestatedAnnual report
「During the current consolidated fiscal year, the global economy was significantly affected as COVID-19 spread across countries and had a major impact on social and economic activity. Although vaccination has progressed in some areas, social and economic activity is expected to remain restricted for some time as infections caused by variants continue to spread again.」
Reconfirmed the uncertain outlook for the global economy, including COVID-19, vaccinations and the resurgence of infections caused by variants. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, the global economy showed a temporary recovery as governments promoted the reopening of social and economic activity and expectations grew for vaccines to be put into practical use, despite restrictions on economic activity caused by the spread of the novel coronavirus (COVID-19). Recently, however, the number of infections has also increased in Japan, new states of emergency have been declared in various prefectures, and widespread vaccination will still take considerable time. Accordingly, difficult economic conditions in Japan and overseas are expected to continue.」
While noting a temporary recovery in economic activity, reconfirmed the view that difficult economic conditions would continue due to a resurgence of infections and the reissuance of states of emergency. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated fiscal year, the global economy saw a rapid increase in stagnation in Japan and overseas as the spread of the novel coronavirus (COVID-19) restricted economic activity in countries around the world. Governments are gradually reopening social and economic activity, but difficult conditions are expected to continue, including concern over a resurgence of COVID-19 infections in Europe.」
Stated that restrictions on economic activity and economic stagnation caused by COVID-19 continued, while concern also arose over a resurgence of infections in Europe, and that difficult conditions were expected to persist. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, the global economy deteriorated rapidly as the novel coronavirus (COVID-19) spread across countries and restricted economic activity. In Japan, social and economic activity also stagnated rapidly as a state of emergency was declared in response to the spread of COVID-19, and extremely difficult conditions are expected to continue for the time being.」
The spread of COVID-19 was specified as restricting economic activity worldwide and in Japan, causing a rapid deterioration in economic conditions and stagnation in social and economic activity. - FY2020MaterialisedAnnual report
「Meanwhile, with the fourth quarter underway, the spread of the novel coronavirus (COVID-19) restricted economic activity in countries around the world, and signs of stagnation in the economies of Japan and other countries rapidly intensified.」
Stated that the spread of COVID-19 had in fact restricted economic activity in countries around the world and caused rapid stagnation in the economies of Japan and other countries. - FY2020-Q3WorsenedAnnual report
「In addition to the ongoing trade friction between the United States and China and geopolitical risks, concern is also mounting over the economic impact arising from the spread of infectious diseases, and the economic outlook remains difficult to predict.」
In addition to the existing trade friction between the United States and China, geopolitical risks and the economic impact of the spread of infectious diseases were specified, broadening the factors contributing to an uncertain outlook. - FY2020-Q2RestatedAnnual report
「Although employment also improved in Japan, the overall economy weakened as corporate earnings lacked strength amid the global economic slowdown. The outlook remains uncertain as trade issues, particularly between the United States and China, continue to emerge.」
Continued to cite the global economic slowdown, weak corporate earnings, and an uncertain outlook due to trade issues, particularly between the United States and China. - FY2020-Q1WorsenedAnnual report
「During the first quarter of the current consolidated fiscal year, the U.S. economy remained firm, but the economic slowdown in China and other Asian countries became more pronounced as trade friction between the United States and China intensified. In Japan, employment improved and personal consumption showed signs of recovery, but exports weakened. Meanwhile, the economic outlook remained uncertain both overseas and in Japan, amid a broadening slowdown in economies around the world resulting from tensions between the United States and China and the issue of the United Kingdom's withdrawal from the EU.」
The slowdown in China and Asia resulting from intensifying trade friction between the United States and China, the broadening economic slowdown in countries around the world, and the United Kingdom's withdrawal from the EU were specified, broadening the factors contributing to an uncertain economic outlook. - FY2019Overseas and domestic economic slowdown citedAnnual report
「Although signs of weakness were seen recently in Europe and Asian countries, the overall economy recovered gradually. In Japan, the economy remained firm, supported by solid corporate earnings and improved employment, although signs of a slowdown became somewhat more pronounced recently.」
Rather than referring to trade friction, uncertainty and concerns about the outlook were described in terms of weakness in Europe and Asia and signs of a slowdown in the domestic economy. - FY2019-Q3WorsenedAnnual report
「Meanwhile, as intensifying trade friction between the United States and China heightened concerns about an economic slowdown in countries around the world, the economic outlook remained uncertain both overseas and in Japan.」
The intensifying trade friction between the United States and China and growing concerns about economic slowdowns in countries around the world were newly specified, strengthening the language concerning risks related to uncertainty in overseas and domestic economies. - FY2019-Q2RestatedAnnual report
「Meanwhile, amid rising uncertainty, including the impact of trade friction between the United States and China, the economic outlook remains uncertain both overseas and in Japan.」
Continued to cite uncertainty in overseas and domestic economies and an uncertain outlook due to trade friction, particularly between the United States and China. - FY2019-Q1Uncertainty factors reintroducedAnnual report
「Meanwhile, amid rising uncertainty, including the impact of trade friction between the United States and China, the economic outlook remains uncertain both overseas and in Japan.」
Uncertainty in overseas economies, which had not been separately identified in the previous consolidated fiscal year, was again cited, with trade friction between the United States and China given as a factor. - FY2018DroppedAnnual reportIn the operating environment for the current consolidated fiscal year, no separate reference was found to uncertainties in overseas economies or volatility in financial and capital markets, which had been included through the previous quarter.
- FY2018-Q3RestatedAnnual report
「The uncertain outlook continues, and attention must be paid to the impact of uncertainties in overseas economies and volatility in financial and capital markets.」
Continued to identify uncertainties in overseas economies and volatility in financial and capital markets as factors contributing to an uncertain outlook. - FY2018-Q2First statedAnnual report
「The outlook remains uncertain, and attention must be paid to the impact of uncertainties in overseas economies and volatility in financial and capital markets.」
For the first time, separately identified uncertainties in overseas economies and volatility in financial and capital markets as factors contributing to an uncertain outlook.