Uncertainty over the outlook due to the economic slowdown in emerging markets and political and economic developments in various countries
First written in FY2018-Q2. 5 of 10 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2026.
Starzen moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 158 of 184 companies on the "Worse" side.
84 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Although improvement in employment conditions and the effects of various policies are expected, concerns remain about the extent to which surging energy prices resulting from heightened tensions in the Middle East and bottlenecks in supply chains will affect Japan's economy and prices, and uncertainty over the outlook is expected to continue.」
Heightened tensions in the Middle East, surging energy prices and supply-chain bottlenecks were specified as new factors contributing to uncertainty in the overseas and macroeconomic environment. - FY2025-H1WorsenedAnnual report
「At the same time, uncertainty surrounding the US economy remains high because of the impact of changes in trade and economic policies following the US presidential election. Concerns about weakness in overseas economies due to the prolonged downturn in China's property market are also expected, and the situation continues to pose a risk of having a significant impact on Japan's economy.」
In addition to the previously cited monetary tightening, rising prices and supply constraints, changes in trade and economic policies following the US presidential election and the downturn in China's property market were added as factors that could weaken overseas economies. - FY2024-Q2WorsenedAnnual report
「Looking ahead, overseas economic weakness resulting from the effects of global monetary tightening, concerns about the outlook for the Chinese economy, and geopolitical and geoeconomic fragmentation poses a risk of weighing on Japan's economy.」
In addition to the previously cited overseas economic weakness, monetary tightening, rising prices and supply constraints, concerns about the outlook for the Chinese economy and geopolitical and geoeconomic fragmentation were specified as factors contributing to uncertainty. - FY2023WorsenedAnnual report
「During the consolidated fiscal year under review, Japan's economy showed signs of a gradual recovery, supported by the recovery in services consumption, including dining out and travel, following the lifting of priority preventive measures, and by increased inbound demand. However, uncertainty over the outlook continues because of the impact of higher prices resulting from surging raw-material and energy costs and the decline in global economic growth associated with worldwide monetary tightening.」
Despite the recovery in services consumption and inbound demand, higher prices, surging raw-material and energy costs, and slower growth resulting from global monetary tightening were added and specified as factors contributing to uncertainty. - FY2023-Q3Additional macroeconomic uncertainty from developments in the spread of infections in ChinaAnnual report
「The impact of developments in the spread of infections in China is also expected, and uncertainty over the outlook continues.」
In addition to overseas economic weakness, monetary tightening, rising prices, supply constraints and volatility in financial and capital markets, developments in the spread of infections in China have been added as a factor contributing to uncertainty over the outlook. - FY2023-Q2WorsenedAnnual report
「However, overseas economic weakness resulting from global monetary tightening and other factors could weigh on Japan's economy. The effects of rising prices, supply-side constraints and volatility in financial and capital markets are also expected, and uncertainty over the outlook continues.」
Global monetary tightening, rising prices, supply constraints and volatility in financial and capital markets were specifically added as factors that could weaken overseas economies, broadening macroeconomic uncertainty. - FY2019-Q1RestatedAnnual report
「At the same time, heightened uncertainty has become a concern because of the impact of trade issues originating in the US and geopolitical risks in the Middle East and on the Korean Peninsula, requiring close monitoring of the outlook.」
Trade issues and geopolitical risks in the Middle East and on the Korean Peninsula were reconfirmed as specific factors contributing to uncertainty in the overseas and international environment. - FY2018RestatedAnnual report
「Although overseas economies continued to show a steady recovery, supported in the US by expectations for tax reform and other factors, uncertainty over the outlook persisted because of uncertainty surrounding the trade and monetary policies of various countries.」
The recovery in overseas economies continued alongside uncertainty surrounding the trade and monetary policies of various countries. - FY2018-Q3RestatedAnnual report
「Although overseas economies continued to recover steadily, supported in the US by expectations for tax reform and other factors, uncertainty over the outlook persisted because of uncertainty surrounding the future direction and policies of emerging economies.」
Uncertainty surrounding the future direction of emerging economies and the policies of various countries continued to pose risks to the overseas business environment. - FY2018-Q2First statedAnnual report
「Although overseas economies continued to recover steadily, led by expansion in the US economy, uncertainty over the outlook persisted because of concerns about slowing growth in emerging economies and risks associated with political and economic developments in various countries.」
For the first time, concerns about slowing growth in emerging economies and political and economic developments in various countries were listed separately as factors contributing to uncertainty in the outlook for the overseas business environment.