Risks of pressure on corporate earnings from labor shortages, crude oil prices and natural disasters
First written in FY2019-Q2. 2 of 3 entries say "Restated". Latest entry: FY2019.
The whole theme swung hardest in 2020: 24 of 31 companies on the "Worse" side.
9 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「The economy remained somewhat stagnant, with only a gradual recovery, due to the effects of labor shortages and the resulting increase in labor costs, repeated natural disasters, sluggish personal consumption due to higher prices and other factors.」
The Company reiterates labor shortages, higher labor costs, natural disasters and stagnant consumption due to higher prices as factors putting pressure on corporate earnings and the economy. - FY2019-Q3RestatedAnnual report
「The economy remained somewhat stagnant after being on a recovery trend, affected by labor shortages and the resulting increase in labor costs, repeated natural disasters, sluggish personal consumption due to higher prices and other factors.」
In addition to labor shortages, higher labor costs and natural disasters, sluggish personal consumption due to higher prices is identified as a factor putting pressure on the business environment. - FY2019-Q2First statedAnnual report
「There are also factors putting pressure on corporate earnings, including labor shortages and the resulting increase in labor costs, higher crude oil prices and repeated natural disasters, and uncertainty about the outlook continues.」
The Company newly identifies labor shortages and higher labor costs, higher crude oil prices and natural disasters as external factors putting pressure on domestic corporate earnings.