Continued yen appreciation
First written in FY2017-Q2. 2 of 5 entries say "Dropped", first in FY2017-Q3. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019DroppedAnnual report
「Overseas, concerns remain about downside risks to the global economy due to the effects of US-China trade friction, a slowdown in the Chinese economy and the UK's issue of leaving the EU, and the outlook remains uncertain.」
The yen's appreciation trend, which had been mentioned through the previous filing, is not specifically mentioned in this filing. - FY2018RestatedAnnual report
「The outlook for the economy includes concerns such as downward pressure on personal consumption from lower real incomes caused by rising prices and sluggish exports against the backdrop of yen appreciation. However, a gradual overall recovery is expected to continue, supported by a recovery in capital investment accompanying improved corporate earnings.」
The company continues to disclose the outlook that yen appreciation is a factor of concern for sluggish exports. - FY2017RestatedAnnual report
「The outlook for the economy includes concerns such as downward pressure on personal consumption from lower real incomes caused by rising prices and sluggish exports against the backdrop of yen appreciation. However, a gradual overall recovery is expected to continue, supported by a recovery in capital investment accompanying improved corporate earnings.」
Yen appreciation, which was not mentioned in the third quarter, is again cited in the full-year economic outlook as a factor of concern for sluggish exports. - FY2017-Q3DroppedAnnual report
「During the nine months ended December 2018, Japan's economy followed a gradual overall recovery trend as personal consumption recovered, although the pace of recovery in capital investment slowed.」
The yen's appreciation trend mentioned in the previous quarter is not mentioned in this filing. - FY2017-Q2First statedAnnual report
「During the first six months of the current fiscal year, the Japanese economy remained generally flat or showed a gradual recovery, although the yen's appreciation trend continued.」
This is the first record of continued yen appreciation as a business environment factor.