Komori
Fukuoka Financial Group (8354) · RiskReframed

Slowing exports and production due to a slowdown in emerging-market economies

First written in FY2017-Q1. 16 of 27 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2024-Q3.

27entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017-Q3 – FY2019-Q2MitigatedFY2021-Q2 – FY2022-Q12016: 220162017: 420172018: 420182019: 220192020: 420202021: 420212022: 320222023: 320232024: 1
Same theme, other companies
Demand fluctuations caused by uncertainty in overseas economies and financial marketsA theme 446 companies write about · 456 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2022: 128 of 170 companies on the "Worse" side.

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 197 companies compared. The sentences above are computed from all 197.Comparing 200 of the theme's 457 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3ReframedAnnual report

    「During the first nine months of the fiscal year, the Japanese economy recovered moderately despite being affected by a slower recovery in overseas economies and higher prices.」

    The disclosure identifies the slower pace of recovery in overseas economies and higher prices as external factors, while stating that the domestic economy recovered moderately.
  2. FY2024-Q2ReframedAnnual report

    「During the first six months of the fiscal year, the Japanese economy was expected to face higher prices and a slowdown in overseas economies, but it recovered moderately as the impact of COVID-19 continued to subside.」

    The disclosure identifies higher prices and concerns over a slowdown in overseas economies, in addition to the previous infectious disease and supply constraints, as external factors, while stating that the domestic economy recovered moderately.
  3. FY2024-Q1MitigatedAnnual report

    「Production and exports showed signs of recovery in automobiles and other products as semiconductor supply constraints eased.」

    The report states that, as semiconductor supply constraints eased, production and exports of automobiles and other products showed signs of recovery.
  4. FY2023-Q3RestatedAnnual report

    「The impact of supply constraints on exports and production has eased, despite the effects of higher resource prices and rising prices caused by yen depreciation, among other factors.」

    The report continues to state that the impact of supply constraints is easing. It also notes the effects of higher resource prices and rising prices caused by yen depreciation.
  5. FY2023-Q2MitigatedAnnual report

    「During the six months ended the second quarter, private consumption recovered moderately, particularly spending on services such as dining out and travel, as efforts to balance COVID-19 containment with economic activity progressed. Production also showed signs of recovery as the impact of supply constraints eased following the lifting of lockdowns in China and other developments.」

    Although the effects of the pandemic and overseas factors remained, the report describes recovery in services spending, private consumption, and production.
  6. FY2023-Q1MitigatedAnnual report

    「Although production was affected by restrictions on economic activity in China and other factors, it continued to show signs of recovery.」

    The report states that, although the impact of restrictions on economic activity in China remained, production continued to show signs of recovery.
  7. FY2022-Q3MitigatedAnnual report

    「Production in semiconductor-related industries remained strong, while the shortage of parts supplies associated with the spread of COVID-19 in Southeast Asia began to ease, and the automobile and other industries also showed signs of recovery.」

    The report describes strong performance in semiconductor-related industries, signs that the shortage of parts supplies in Southeast Asia was easing, and recovery in the automobile and other industries, indicating that the impact of overseas economies and supply constraints on exports and production was partly easing.
  8. FY2022-Q2WorsenedAnnual report

    「In the manufacturing sector, production and exports stalled in some industries, including automobiles, due to supply-chain disruptions caused by the global semiconductor shortage and the spread of COVID-19 in Southeast Asia.」

    The impact of overseas economies and the pandemic is described as a stall in production and exports in some industries through the semiconductor shortage and supply-chain constraints.
  9. FY2022-Q1MitigatedAnnual report

    「During the three months ended the first quarter, the Japanese economy remained in severe conditions due to the impact of COVID-19, but production, exports, and capital investment in the manufacturing sector continued to recover against a backdrop of economic recoveries in the United States, China, and other countries where vaccination programs were advancing.」

    The report states that, although the impact of the pandemic remained, production, exports, and capital investment continued to recover against a backdrop of economic recoveries in the United States, China, and other countries.
  10. FY2021MitigatedAnnual report

    「Economic activity and demand began to recover in the second half of the fiscal year, supported by progress in vaccination programs and fiscal support in various countries, and signs of recovery emerged, although conditions remained uncertain going forward.」

    The report states that, although the impact of COVID-19 remained, the global economy and demand showed signs of recovery against a backdrop of vaccination programs and fiscal support.
  11. FY2021-Q3MitigatedAnnual report

    「During the nine months ended the third quarter, the Japanese economy remained in severe conditions due to the impact of COVID-19, but exports to Asia and the United States increased and industrial production showed signs of recovery against a backdrop of a global recovery in economic activity and demand.」

    The situation shifted from weakness in exports and production due to a slowdown in overseas economies to increased exports and recovering production against a backdrop of a global recovery in demand.
  12. FY2021-Q2MitigatedAnnual report

    「During the six months ended the second quarter, the Japanese economy remained in severe conditions due to the impact of COVID-19, but private consumption, exports, and production showed signs of recovery following a decline in new domestic infections and the recovery of the Chinese economy.」

    The situation shifted from weakness in exports and production due to a slowdown in overseas economies to signs of recovery in exports and production following the recovery of the Chinese economy.
  13. FY2021-Q1WorsenedAnnual report

    「In the Kyushu region, the operating base of the Group, exports and production of automobiles, semiconductors, and other products fell sharply due to supply-chain disruptions and sluggish external demand. Private consumption also remained weak as a result of mobility restrictions imposed to prevent the spread of the pandemic.」

    The impact had become more specific, shifting from weakness in exports and production due to the slowdown in overseas economies to sharp declines caused by supply-chain disruptions and sluggish external demand, together with weak private consumption caused by mobility restrictions.
  14. FY2020WorsenedAnnual report

    「In fiscal 2019, the Japanese economy continued to recover moderately, supported by a recovery in private consumption against a backdrop of favorable employment and income conditions, despite weakness in exports and production. However, economic activity was restricted by the spread of COVID-19, intensifying downward pressure toward the end of the fiscal year and resulting in severe conditions.」

    The report describes not only weakness in exports and production, but also restrictions on economic activity due to COVID-19 and intensified downward pressure toward the end of the fiscal year.
  15. FY2020-Q3WorsenedAnnual report

    「During the nine months ended the third quarter, the Japanese economy continued to recover moderately overall. Exports remained weak and production, particularly in the manufacturing sector, weakened further, while private consumption continued to recover against a backdrop of favorable employment and income conditions, despite fluctuations caused by the consumption-tax increase.」

    In addition to the impact of the slowdown in overseas economies on exports and production noted through the previous quarter, the report describes continued weakness in exports and increasing weakness in production, particularly in the manufacturing sector.
  16. FY2020-Q2RestatedAnnual report

    「During the six months ended the second quarter, the Japanese economy continued to expand moderately overall. Although the slowdown in overseas economies affected exports, production, and corporate sentiment, private consumption continued to recover against a backdrop of steady improvement in employment and income conditions.」

    The report states that the impact of the slowdown in overseas economies had spread from exports and production to corporate sentiment, while the domestic economy continued to expand moderately.
  17. FY2020-Q1WorsenedAnnual report

    「During the three months ended the first quarter, the Japanese economy continued on a moderate recovery trend overall. Although the slowdown in overseas economies affected exports and production, private consumption continued to recover against a backdrop of steady improvement in employment and income conditions.」

    The report states that, whereas exports and production had been described as following an upward trend through the previous quarter, the effects of the slowdown in overseas economies had emerged in exports and production.
  18. FY2019-Q2MitigatedAnnual report

    「During the six months ended the second quarter, the Japanese economy continued on a moderate recovery trend. Exports, production, and capital investment maintained an upward trend amid steady growth in overseas economies, improving corporate earnings, and favorable business sentiment, while private consumption continued to recover against a backdrop of steady improvement in employment and income conditions.」

    Rather than describing a slowdown in exports and production due to weaker overseas economies, the report describes growth in overseas economies and an upward trend in exports, production, and capital investment.
  19. FY2019-Q1MitigatedAnnual report

    「During the three months ended the first quarter, the Japanese economy continued on a moderate recovery trend, with exports, production, and capital investment maintaining an upward trend against a backdrop of steady improvement in overseas economies and corporate earnings, while private consumption continued to recover amid steady improvement in employment and income conditions.」

    Rather than describing a slowdown in exports and production due to weaker overseas economies, the report describes improvements in overseas economies and corporate earnings, together with an upward trend in exports, production, and other indicators.
  20. FY2018MitigatedAnnual report

    「The economy as a whole continued to expand moderately, supported by increased production and exports, particularly of automobiles and semiconductors, against a backdrop of strong overseas demand.」

    Although uncertainty regarding overseas economies is indicated, the report explains that production and exports increased throughout the fiscal year.
  21. FY2018-Q3MitigatedAnnual report

    「During the nine months ended the third quarter, the Japanese economy saw exports continue on an upward trend amid moderate growth in overseas economies, while capital investment also followed an upward trend as corporate earnings and business sentiment improved.」

    Rather than describing a slowdown in exports and production due to weaker overseas economies, the report describes moderate growth in overseas economies and an upward trend in exports and capital investment.
  22. FY2018-Q2MitigatedAnnual report

    「During the six months ended the second quarter, the Japanese economy saw exports and capital investment follow an upward trend amid moderate growth in overseas economies and improvements in corporate earnings and business sentiment.」

    The report states that exports and capital investment were on an upward trend against a backdrop of moderate growth in overseas economies, rather than a slowdown in those economies.
  23. FY2018-Q1MitigatedAnnual report

    「During the three months ended the first quarter, the Japanese economy continued on a moderate recovery trend, with exports and production increasing against a backdrop of a moderate recovery in overseas economies. Capital investment also continued to recover as corporate earnings improved, while private consumption remained firm amid steady improvement in employment and income conditions.」

    Rather than describing a slowdown in exports and production due to weaker overseas economies, the report describes an upward trend in exports and production and a moderate recovery in overseas economies.
  24. FY2017MitigatedAnnual report

    「In fiscal 2016, the Japanese economy saw some weakness in exports and production in the first half due in part to the slowdown in emerging-market economies. However, private consumption remained firm throughout the year against a backdrop of steady improvement in employment and income conditions, and capital investment maintained a moderate upward trend as corporate earnings improved, resulting in a moderate recovery overall.」

    The report notes weakness in exports and production in the first half of the fiscal year, while explaining that the economy remained on a moderate recovery trend for the year as a whole.
  25. FY2017-Q3MitigatedAnnual report

    「During the nine months ended the third quarter, the Japanese economy continued on a moderate recovery trend, with private consumption beginning to recover against a backdrop of solid employment and income conditions, while corporate production activity and exports, particularly to Asia, also showed signs of recovery.」

    Rather than describing a slowdown in exports and production, the report states that corporate production activity and exports to Asia showed signs of recovery.
  26. FY2017-Q2ReframedAnnual report

    「During the six months ended the second quarter, the Japanese economy continued to recover moderately. Exports and capital investment lacked momentum amid heightened uncertainty in overseas economies and a stronger yen, while private consumption remained firm on the steady improvement in employment and income conditions.」

    The description of the risk factors has shifted from the previous quarter’s “slowdown in emerging-market economies” to weakness in exports and capital investment due to uncertainty in overseas economies and a stronger yen.
  27. FY2017-Q1First statedAnnual report

    「The Japanese economy showed some weakness in exports and production due in part to the slowdown in emerging-market economies, while domestic capital investment followed a moderate upward trend.」

    The report states that the slowdown in emerging-market economies had already emerged in the form of slower exports and production.
Moved together

"Risk-monitored loans: ¥225.958 billion" moved the same way as this thread, in the same document, in 15 of its 27 moves.

151212111010★123456
  1. ★This thread
  2. 1Risk-monitored loans: ¥225.958 billion15×
  3. 2Financial market instability, a stronger yen, lower share prices and negative interest rates12×
  4. 3Increasing credit costs due to rising non-performing loans and higher allowance provisions12×
  5. 4Decline in net fees and commissions11×
  6. 5Decrease in consolidated ordinary profit and net income attributable to owners of the parent10×
  7. 6¥6.50 interim dividend per common share for the 10th fiscal period10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Fukuoka Financial Group's next results are scheduled for 2026-11-10. Read the earnings preview
News
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