General Business Risks, Including the Economic Environment, Natural Disasters and Regulations
First written in FY2016. 14 of 26 entries say "Restated". Latest entry: 2026-07-30.
Tokyo Electron Limited moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 24 of 31 companies on the "Worse" side.
18 other companies' latest entry also says "Worsened".
- 2026-07-30WorsenedRevision of earnings forecasts
「During the cumulative first-quarter consolidated period, the global economy remained generally resilient, although inflation accelerated in Europe and the United States against a backdrop that included higher energy prices resulting from heightened geopolitical tensions in the Middle East, and it is necessary to closely monitor future macroeconomic trends.」
The company described heightened geopolitical tensions in the Middle East, higher energy prices and accelerating inflation in Europe and the United States, while stating that the economy remained generally resilient. - FY2026Middle East Situation and Inflation AddedAnnual report
「During the consolidated fiscal year, the global economy generally remained resilient, although the outlook for macroeconomic trends required close monitoring as signs of rising prices emerged in the United States and Europe toward the end of the fiscal year, against a backdrop that included higher energy prices amid heightened geopolitical tensions in the Middle East.」
The general external environment is described as including heightened geopolitical tensions in the Middle East, rising energy prices and signs of rising prices in the United States and Europe. - FY2026-H1Notes continued geopolitical risks, inflation in the United States and Europe in the 2% range, and resilient economic conditionsAnnual report
「During the six months ended the second quarter of the fiscal year, concerns over geopolitical risks continued in the global economy, but inflation in the United States and Europe remained in the 2% range, and resilient conditions were maintained.」
It explains that concerns over geopolitical risks continued, while inflation in the United States and Europe remained in the 2% range and resilient economic conditions were maintained. - FY2025-H1Notes continued geopolitical risks and resilience in the United States and EuropeAnnual report
「During the six months ended the second quarter of the fiscal year, geopolitical risks remained a concern in the global economy, but inflation in the United States and Europe was maintained at around 2%, and their economies showed resilience.」
The external environment is described as one in which geopolitical risks continued, while inflation of around 2% and resilient economic conditions were seen in the United States and Europe. - FY2024-Q3Notes the easing of interest rate hikes and continued yen weaknessAnnual report
「During the nine months ended the third quarter of the fiscal year, soaring resource and energy prices showed signs of easing in the global economy, although prices generally continued to rise from the previous consolidated fiscal year. Policy rate hikes led by the United States and Europe also eased somewhat, but the yen remained weak.」
It explains that prices continued to rise and the yen remained weak, while soaring resource and energy prices and policy rate hikes in the United States and Europe eased somewhat. - FY2024-Q2RestatedAnnual report
「During the six months ended the second quarter of the fiscal year, soaring resource and energy prices showed signs of easing in the global economy, but prices generally continued to rise from the previous consolidated fiscal year, while the yen remained weak due to policy rate hikes led by the United States and Europe.」
We have reconfirmed the external environment of continued price increases, policy rate hikes and yen weakness, while soaring resource and energy prices showed signs of easing. - FY2024-Q1Notes the continuation of rising prices, interest rate hikes and yen depreciationAnnual report
「During the first quarter of the fiscal year, soaring resource and energy prices showed signs of easing in the global economy, but prices generally continued to rise from the previous consolidated fiscal year, while the yen remained weak due to policy rate hikes led by the United States and Europe.」
The external environment is described as featuring continued price increases, policy rate hikes and yen weakness, while soaring resource and energy prices showed signs of easing. - FY2023-Q3RestatedAnnual report
「During the nine months ended the third quarter of the fiscal year, conditions requiring close monitoring continued in the global economy, including soaring resource and energy prices and rising prices generally amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, sharp foreign exchange fluctuations, and the impact of COVID-19 on supply chains in some regions.」
We have reconfirmed that matters requiring close monitoring in the external environment, including geopolitical risks, resource and energy prices, prices generally, policy rates, foreign exchange fluctuations and the impact of infectious diseases on supply chains, have continued. - FY2023-Q2RestatedAnnual report
「During the six months ended the second quarter of the fiscal year, conditions requiring close monitoring continued in the global economy, including rising prices due to soaring resource and energy prices amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, sharp foreign exchange fluctuations, and the impact of COVID-19 on supply chains in some regions.」
It explains that matters requiring close monitoring in the external environment, including geopolitical risks, resource and energy prices, policy rates, foreign exchange fluctuations and the impact of COVID-19 on supply chains, have continued. - FY2023-Q1More specific external-environment factorsAnnual report
「During the first quarter of the fiscal year, the global economy was affected by the impact on supply chains from lockdowns in some regions due to the spread of COVID-19, soaring resource prices amid heightened geopolitical risks, policy rate hikes led by the United States and Europe, and foreign exchange fluctuations.」
The general external environment specifically lists the impact of lockdowns on supply chains, geopolitical risks, resource prices, policy rates and foreign exchange fluctuations. - FY2022-Q3RestatedAnnual report
「During the first 3 quarters of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
We have reconfirmed that there have been no significant changes in general business risks, including the economic environment, natural disasters, regulations, the supply chain and human resources. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the current fiscal year, there were no new events among the matters relating to the business and accounting conditions described in this quarterly report that could have a material impact on investors' decisions, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
We have reconfirmed that there have been no significant changes in general business risks, including the economic environment, natural disasters, regulations, the supply chain and human resources. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, the global economy continued to expand moderately, but uncertainty about the outlook was evident in some areas, including China's economic slowdown and the UK's exit from the EU.」
Reconfirming the moderate expansion of the global economy and uncertainty about the outlook resulting from China's economic slowdown and the UK's exit from the EU. - FY2020-Q2China's outlook and uncertainty over the UK's exit from the EU describedAnnual report
「During the cumulative second quarter, the global economy continued to expand moderately overall, but uncertainty remained over China's economic outlook and the course of the UK's exit from the EU.」
The company states that the global economy continues to expand moderately, while adding that uncertainty remains over China's economic outlook and the course of the UK's exit from the EU. - FY2020-Q1Weakness in parts of Asia and continued economic expansion describedAnnual report
「During the cumulative first quarter, global economic growth was slowing, with some weakness evident in China and other parts of Asia, but the US economy remained resilient, Europe maintained its recovery trend, and the global economy as a whole continued to expand moderately.」
While describing slower growth in China and other parts of Asia, the company also cites the resilience of the US economy, Europe's recovery trend, and continued moderate expansion of the global economy as a whole. - FY2019Stagnation in China and Europe describedAnnual report
「During the consolidated fiscal year, economic stagnation was evident in China and other parts of Asia and in Europe, but the US economy remained resilient and the global economy as a whole remained generally firm.」
For general external-environment risks, the company presents both economic stagnation in China, other parts of Asia, and Europe, and the resilience of the global economy, led by the US. - FY2019-Q3China's economic slowdown describedAnnual report
「During the cumulative third quarter, China's economic growth slowed, but the global economy, led by the US, remained firm.」
While noting the slowdown in China's economic growth, the company describes the global economy, led by the US, as remaining firm. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter, the US economy remained strong, while the Asian and European economies continued to recover moderately, and the global economy as a whole remained generally firm.」
The company explains that the global economy, including the US, Asia, and Europe, remained generally firm. It states that there have been no significant changes in business and other risks. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, the global economy, including Europe and China, remained generally firm, led by the continuing strength of the US economy.」
The company explains that the global economy, including the US, Europe, and China, remained generally firm. - FY2018RestatedAnnual report
「As long as our group continues to conduct business, it is expected, as with companies in the same and other industries, to be affected by the economic environment worldwide and in individual regions, natural disasters, wars, terrorism, infectious diseases and other force majeure events, financial and stock markets, regulations imposed by governments and other authorities, suppliers' ability to maintain supply, commodity and real estate market conditions, the securing of personnel in Japan and overseas, competition over standardization, and the loss of key personnel, among other factors, which in some cases could adversely affect our group's results.」
Reiterating general business risks related to the economic environment, natural disasters, regulations, the supply chain, personnel, and other factors. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, the global economy continued to recover moderately, while economic recoveries in the US and Europe progressed steadily and China's economy remained firm.」
The company describes the external economic environment, including the US, Europe, and China, as recovering and remaining firm. It states that there have been no significant changes in business and other risks. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter, economic expansion continued in China and other parts of Asia in addition to the steady recovery of the US economy, and the global economy as a whole continued to recover moderately.」
The company describes the global economy, including the US, China, and other parts of Asia, as being on a moderate recovery trend. It states that there have been no significant changes in business and other risks. - FY2017RestatedAnnual report
「Our group may be affected by the economic environment worldwide and in individual regions, natural disasters, wars, terrorism, infectious diseases and other force majeure events, financial and stock markets, regulations imposed by governments and other authorities, suppliers' ability to maintain supply, commodity and real estate market conditions, the securing of personnel in Japan and overseas, competition over standardization, and the loss of key personnel, among other factors, which in some cases could adversely affect our group's results.」
Reiterating general business risks related to the economic environment, natural disasters, regulations, the supply chain, personnel, and other factors. - FY2017-Q3RestatedAnnual report
「The US economy is expanding moderately, while signs of a recovery have emerged in China. Japan's economy is also on a recovery trend, and the global economy as a whole is recovering moderately.」
While describing the external economic environment during the quarter as being on a moderate recovery trend, the company states that there have been no significant changes in business and other risks. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter, the global economy as a whole continued to recover moderately, but uncertainty about the outlook caused by China's economic slowdown and the UK's decision to leave the EU has not been dispelled.」
The company cites uncertainty about the outlook resulting from China's economic slowdown and the UK's decision to leave the EU, but states that there have been no significant changes in business and other risks. - FY2016First statedAnnual report
「Our group may be affected by the economic environment worldwide and in individual regions, natural disasters, wars, terrorism, infectious diseases and other force majeure events, financial and stock markets, regulations imposed by governments and other authorities, suppliers' ability to maintain supply, commodity and real estate market conditions, the securing of personnel in Japan and overseas, competition over standardization, and the loss of key personnel, among other factors, which in some cases could adversely affect our group's results.」
The company lists a broad range of risks associated with the external environment, supply chain, personnel, and regulations in conducting its business.