Economic slowdown in China and emerging Asian economies and weak resource prices
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2022: 160 of 184 companies on the "Worse" side.
4 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「During the current consolidated fiscal year, the Japanese economy remained on a gradual recovery path against a backdrop of improving corporate earnings and employment conditions, but the outlook became uncertain due to policy trends in various countries, among other factors.」
The previous wording, which specifically listed resource prices, the Chinese economy and the economies of emerging Asian countries, is not found in the current year's description of the business environment and has been replaced with the more general wording of policy trends in various countries. - FY2017RestatedAnnual report
「During the current consolidated fiscal year, the Japanese economy remained on a gradual recovery path as employment and income conditions improved, but the outlook was uncertain due to the economic slowdown in China and emerging Asian economies and the policies of the new US administration, among other factors.」
In addition to the economic slowdown in China and emerging Asian economies, the policies of the new US administration are cited as a source of uncertainty. - FY2017-Q3RestatedAnnual report
「During the first 3 quarters of the current consolidated fiscal year, the Japanese economy shifted from a stronger-yen trend to a weaker-yen trend and showed a gradual recovery, but the outlook remained uncertain due to an economic slowdown in China and emerging Asian economies, among other factors.」
The report describes a shift from a stronger-yen trend to a weaker-yen trend and a gradual recovery, while uncertainty due to the economic slowdown in China and emerging Asian economies has continued. It explicitly states that there were no material changes in business and other risks. - FY2017-Q2RestatedAnnual report
「The stronger-yen trend has become established, and the outlook is uncertain due to excess production in China and a slowdown in emerging Asian economies, among other factors.」
The stronger-yen trend, excess production in China and the economic slowdown in emerging Asian economies are again cited as sources of uncertainty. The report also states that there were no material changes in business and other risks. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, the Japanese economy faced an uncertain outlook due to weak resource prices, an economic slowdown in China, a slowdown in emerging Asian economies and the UK's EU withdrawal issue, among other factors.」
Resource prices, China, emerging Asian economies and the UK's EU withdrawal issue are cited as sources of uncertainty, while the report explicitly states that there were no material changes in business and other risks. - FY2016First statedAnnual report
「The recovery trend has stalled as weak resource prices, an economic slowdown in China and a slowdown in emerging Asian economies have become apparent.」
The report states that deterioration in resource prices, China and emerging Asia became apparent in the business environment during the fiscal year.