Deterioration in transaction and repayment conditions caused by an economic downturn
First written in FY2016. 15 of 26 entries say "Restated". Latest entry: FY2027-H1.
Credit Saison moved to the "Worse" side of this theme in 2020.
0 other companies' latest entry also says "Other".
- FY2027-H1Added the Middle East situation and natural disasters as downside risks to the economyAnnual report
「In addition to downside risks to the economy arising from the situation in the Middle East and natural disasters, we need to pay even closer attention to the impact of volatility in financial and capital markets and other factors.」
Downside risks to the economy from the situation in the Middle East and natural disasters were identified in addition to the existing economic and financial market risks. - FY2026-H1RestatedAnnual report
「Attention is required to the risk that US trade policy could cause the Japanese economy to underperform, as well as the risk that continued inflation will put downward pressure on personal consumption and, consequently, the Japanese economy. In addition, the impact of fluctuations in the financial and capital markets remains a matter requiring attention.」
US trade policy, the impact of inflation on personal consumption, and fluctuations in the financial and capital markets continue to be identified as risks in the economic and business environment. - FY2025Additional factors: inflation and US policiesAnnual report
「The operating environment surrounding our group requires attention to the impact of continued inflation on personal consumption, the impact of US policy developments including trade policy, and the impact of fluctuations in the financial and capital markets. In addition, competition between companies is expected to intensify as new financial services are created one after another through the use of advanced technologies and entry by companies from other industries.」
In addition to the previously identified economic and financial-market risks, the impact of inflation on personal consumption and US policy developments were identified as factors requiring attention. - FY2025-H1RestatedAnnual report
「Meanwhile, as high interest-rate levels in the United States and Europe and other factors continue, a downturn in overseas economies is becoming a risk that could put downward pressure on the Japanese economy. In addition, the impact of inflation, constraints on the stable supply of energy, and fluctuations in the financial and capital markets requires close attention.」
Overseas economies, high interest rates, inflation, constraints on energy supplies, and fluctuations in the financial and capital markets continue to be identified as factors requiring attention in the business environment. - FY2024-Q3Addition of Middle East Geopolitical RisksAnnual report
「Meanwhile, as global monetary tightening and other measures continue, a downturn in overseas economies is becoming a risk that could put downward pressure on the Japanese economy. In addition, the impact of inflation, conditions in the Middle East, and fluctuations in the financial and capital markets requires close attention.」
In addition to the previously identified factors of monetary tightening, overseas economies, inflation, and fluctuations in the financial and capital markets, conditions in the Middle East were identified as a factor requiring attention. - FY2023-Q2Additional factors: monetary tightening, inflation and energy constraintsAnnual report
「Meanwhile, as global monetary tightening and other measures continue, the risk that a downturn in overseas economies will put downward pressure on the Japanese economy, as well as inflation, constraints on the stable supply of energy, and the impact of fluctuations in the financial and capital markets, remain matters requiring attention.」
While indicating an outlook for a recovery in economic activity, global monetary tightening, a downturn in overseas economies, inflation, and constraints on the stable supply of energy were identified as new factors requiring attention in addition to those cited in the previous quarter. - FY2023-Q1Easing of the impact of the infectious disease and new downside factorsAnnual report
「During the three-month period ended the first quarter, the Japanese economy showed signs of recovery as economic and social activity moved toward normalization. Going forward, the recovery is expected to continue as measures are taken to address the novel coronavirus disease, supported by the effects of economic policies and improvements in overseas economies. Meanwhile, amid concerns over the prolonged situation in Ukraine and the impact of restrictions on economic activity in China, rising raw-material prices, supply-side constraints, and downside risks from fluctuations in the financial and capital markets, among other factors, remain matters requiring attention.」
While indicating a recovery in economic activity as economic and social activity normalizes, the situation in Ukraine, restrictions on economic activity in China, raw-material prices and supply constraints, and fluctuations in the financial markets were identified as new factors requiring attention. - FY2022-Q3Business recovery amid continuing effects of the pandemicAnnual report
「Net revenue for the nine-month period ended the third quarter was affected by shortened business hours and requests to refrain from nonessential, nonurgent outings and travel to prevent the spread of the novel coronavirus disease, but increased to ¥225,926 million, up 6.0% year on year. In addition, operating profit increased to ¥55,551 million, up 18.1%, and profit for the quarter attributable to owners of the parent increased to ¥35,955 million, up 7.7%, as the real estate-related business expanded due to the反動 impact of reduced operations and other measures in the previous consolidated fiscal year.」
Although the impact of shortened business hours and requests to refrain from going out due to the infectious disease continued, net revenue, operating profit and profit for the quarter all increased year on year. - FY2022-Q2Business recovery amid continuing effects of the pandemicAnnual report
「Net revenue for the six-month period ended the second quarter was affected by shortened business hours and requests to refrain from nonessential, nonurgent outings and travel to prevent the spread of the novel coronavirus disease, but increased to ¥149,211 million, up 6.3% year on year. In addition, operating profit increased to ¥35,309 million, up 22.7%, and profit for the quarter attributable to owners of the parent increased to ¥21,554 million, up 5.7%, as the real estate-related business expanded due to the反動 impact of reduced operations and other measures in the previous consolidated fiscal year.」
Although the impact of shortened business hours and requests to refrain from going out due to the novel coronavirus disease continued, net revenue, operating profit and profit for the quarter all increased year on year. - FY2021-Q3MaterialisedAnnual report
「Although we implemented various measures amid the difficult environment described above, the impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease was significant. Net revenue for the nine-month period ended the third quarter was ¥213,229 million, down 10.3% year on year, operating profit was ¥47,025 million, down 1.0%, and profit for the quarter attributable to owners of the parent was ¥33,394 million, down 2.0%.」
The continued impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease materialized as declines in net revenue, operating profit and profit for the quarter. - FY2021-Q2MaterialisedAnnual report
「Although we implemented various measures amid the difficult environment described above, the impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease was significant. Net revenue for the six-month period ended the second quarter was ¥140,355 million, down 11.9% year on year, and operating profit was ¥28,766 million, down 8.0%.」
The impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease continued, resulting in year-on-year declines in net revenue and operating profit. - FY2021-Q1MaterialisedAnnual report
「Although we implemented various measures amid the difficult environment described above, the impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease was significant. Net revenue for the three-month period ended the first quarter was ¥68,789 million, down 11.2% year on year.」
In connection with the deterioration risks relating to the economy and personal consumption that had been identified previously, the impact of business partners suspending operations and requests to refrain from going out due to the novel coronavirus disease materialized, resulting in an 11.2% year-on-year decline in net revenue. - FY2020-Q3RestatedAnnual report
「Meanwhile, in addition to the impact of developments surrounding trade issues, the outlook for the Chinese economy, developments in overseas economies including the UK's withdrawal from the EU, and fluctuations in the financial and capital markets, trends in consumer sentiment following the consumption tax rate increase remain matters requiring attention.」
Trade issues, the Chinese economy, the UK's withdrawal from the EU, overseas economies, financial markets, and consumer sentiment following the consumption tax rate increase are identified as factors requiring attention. - FY2020-Q2RestatedAnnual report
「Meanwhile, in addition to paying attention to the impact of rising tensions over trade issues on the global economy, the outlook for the Chinese economy, developments and policy-related uncertainty in overseas economies, and the impact of higher crude oil prices and fluctuations in the financial and capital markets remain matters requiring attention.」
Trade issues, the Chinese economy, uncertainty in overseas economies and policies, crude oil prices, and fluctuations in the financial and capital markets continue to be identified as factors requiring attention in the business environment. - FY2020-Q1RestatedAnnual report
「Meanwhile, in addition to paying closer attention to the impact of developments in trade issues on the global economy, the outlook for the Chinese economy, developments and policy-related uncertainty in overseas economies, and the impact of fluctuations in the financial and capital markets remain matters requiring attention.」
Trade issues, the Chinese economy, uncertainty in overseas economies and policies, and fluctuations in the financial and capital markets continue to be identified as factors requiring attention in the business environment. - FY2019-Q3RestatedAnnual report
「Meanwhile, the impact of developments in trade issues on the global economy, uncertainty in overseas economies, and fluctuations in the financial and capital markets remain matters requiring attention.」
While indicating that the domestic economy remains on a recovery track, trade issues, uncertainty in overseas economies, and fluctuations in the financial and capital markets are identified as factors requiring attention in the economic and business environment. - FY2019-Q2RestatedAnnual report
「Meanwhile, the impact of developments in trade issues on the global economy, uncertainty in overseas economies, fluctuations in the financial and capital markets, and the economic impact of a succession of natural disasters remain matters requiring attention.」
While indicating that the domestic economy remains on a recovery track, trade issues, uncertainty in overseas economies, fluctuations in the financial and capital markets, and the impact of natural disasters are identified as factors requiring attention. - FY2019-Q1RestatedAnnual report
「Meanwhile, although the global economy is recovering moderately, the outlook for the economies of China and other emerging Asian countries, the impact of policy-related uncertainty, developments in trade issues, and the impact of fluctuations in the financial and capital markets remain matters requiring attention.」
While indicating that the domestic economy remains on a recovery track, the economies of China and emerging Asia, policy uncertainty, trade issues, and fluctuations in the financial and capital markets are identified as factors requiring attention in the economic and business environment. - FY2018RestatedAnnual report
「Meanwhile, the outlook for the economies of China and other emerging Asian countries, policy-related uncertainty, future policy developments in the United States, and the impact of fluctuations in the financial and capital markets remain matters requiring attention.」
While indicating that the domestic economy remains on a recovery track, the economies of China and emerging Asia, US policies, and fluctuations in the financial and capital markets are identified as factors requiring attention. - FY2018-Q3RestatedAnnual report
「The operating environment surrounding our group is expected to become increasingly competitive, as innovation accelerates across industries through the use of advanced technologies such as AI (artificial intelligence) to innovate customer services and automate operations.」
Heightened competition driven by customer-service innovation and operational automation using advanced technologies continues to be identified as a risk in the operating environment. - FY2018-Q2RestatedAnnual report
「During the six-month period ended the second quarter, the Japanese economy remained on a moderate recovery track, with corporate earnings improving and signs of a recovery in personal consumption and capital investment, supported in part by government economic policies and other measures. Meanwhile, the outlook for the economies of China and other emerging Asian countries and the impact of uncertainty surrounding policies in the United States and Europe remain matters requiring attention.」
While indicating a moderate recovery in the domestic economy, the economies of China and emerging Asia and policies in the United States and Europe continue to be identified as factors requiring attention. - FY2018-Q1RestatedAnnual report
「During the three-month period ended the first quarter, the Japanese economy remained on a moderate recovery track, as corporate earnings and the employment and income environment continued to improve due to government economic policies and other measures. Meanwhile, the outlook for the economies of China and other emerging Asian countries and the impact of uncertainty surrounding policies in the United States and Europe remain matters requiring attention.」
While indicating that the domestic economy remains on a recovery track, the outlook for the economies of China and emerging Asia and policies in the United States and Europe continue to be identified as factors requiring attention. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended the third quarter, the Japanese economy remained on a moderate recovery track, supported in part by the effects of government economic policies, although some areas continued to show delays in improvement. Meanwhile, the impact of the normalization of US monetary policy and economic conditions in China and other emerging Asian countries remain matters requiring attention.」
Delays in improvement in the domestic economy, the normalization of US monetary policy, and economic conditions in China and emerging Asia continue to be identified as factors requiring attention in the economic and business environment. - FY2017-Q2RestatedAnnual report
「Meanwhile, downside risks to the Japanese economy, including economic slowdowns in emerging Asian and resource-producing countries and the issue of the United Kingdom's withdrawal from the EU (European Union), remain, leaving the outlook still uncertain.」
Downside risks, including economic slowdowns, the UK's withdrawal from the EU and personal consumption, continue to be identified. - FY2017-Q1RestatedAnnual report
「Meanwhile, in addition to rapid exchange-rate fluctuations associated with the issue of the United Kingdom's withdrawal from the EU (European Union), the Japanese economy remains subject to downside risks, including stagnation in personal consumption and an economic slowdown in emerging Asian and resource-producing countries, leaving the outlook still uncertain.」
Downside factors for the economy were identified as employment, income and personal consumption, as well as the UK's withdrawal from the EU, exchange-rate fluctuations, and economic slowdowns in emerging Asian and resource-producing countries. - FY2016First statedAnnual report
「Deterioration in employment conditions, household disposable income and personal consumption accompanying an economic downturn could adversely affect transaction and repayment conditions for the credit cards, loans, credit guarantees and real-estate-secured lending provided by the group, and consequently its operating revenue and credit-loss-related expenses.」
The disclosure identifies deterioration in the domestic economy, employment, income and personal consumption as external risks that could affect all major businesses.