Uncertainty in Regional Economies Due to a Stronger Yen and a Slowdown in Emerging-Market Economies
First written in FY2017-Q1. 17 of 35 entries say "Mitigated", first in FY2017-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2019: 5 of 10 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2026Lists the recovery of the regional economy alongside weakness in housing investment and other areasAnnual report
「Although some weakness was seen in housing investment and other areas, the Shizuoka economy, our main operating base, recovered gradually overall. Despite the effects of rising prices and other factors, private consumption remained resilient.」
The Shizuoka economy recovered gradually overall and private consumption remained resilient, while weakness in housing investment and other areas and the effects of rising prices were also noted. - FY2026-H1The recovery of the regional economy and weakness in exports and housing investment were noted together.Annual report
「Although exports and housing investment showed some weakness, the Shizuoka economy, our main operating base, recovered gradually overall. Despite the effects of rising prices, private consumption was on an increasing trend and capital investment also increased, particularly in manufacturing. Employment and income conditions also improved gradually.」
The Shizuoka economy recovered gradually overall, with improvement in private consumption, capital investment in manufacturing, and employment and income conditions, while weakness in exports and housing investment and the effects of rising prices were also noted. - FY2025The recovery of the regional economy and weakness in exports and production were noted together.Annual report
「Although some weakness was seen in exports and production due to rising prices and uncertainty in overseas economies, the Shizuoka economy, our main operating base, recovered gradually overall, supported by a recovery in private consumption and increased capital investment, particularly in manufacturing.」
The Shizuoka economy was described as having recovered gradually overall, while weakness in exports and production against the backdrop of rising prices and uncertainty in overseas economies was also noted. - FY2025-H1MitigatedAnnual report
「The Shizuoka economy, our main operating base, recovered gradually overall. Private consumption showed resilience, including an increase in home appliance sales. Corporate production showed signs of recovery in manufacturing, particularly electrical machinery, and exports remained firm. Although improvement in labor supply and demand stalled due to labor shortages and other factors, employee income increased gradually.」
The Shizuoka economy recovered gradually overall, with improvement or firm conditions in private consumption, production, exports and employee income. However, the stalled improvement in labor supply and demand due to labor shortages remains. - FY2024-Q3The recovery of the regional economy and weakness in housing investment were noted together.Annual report
「In the Shizuoka economy, our main operating base, housing investment was weak, but sales at major retailers increased and corporate capital investment maintained a gradual recovery, particularly in manufacturing.」
The Shizuoka economy was described as showing weakness in housing investment, while sales at major retailers increased and capital investment, particularly in manufacturing, recovered gradually. - FY2024-Q2MitigatedAnnual report
「The Shizuoka economy, our main operating base, recovered despite the effects of higher resource prices and supply constraints. Private consumption recovered gradually, led by sales at major retailers, while corporate production showed signs of recovery, particularly in automobiles and auto parts. Exports remained at high levels. Although improvement in labor supply and demand had stalled, employee income improved gradually.」
Although higher resource prices, supply constraints and the stalled improvement in labor supply and demand remain, the description indicated a recovery in the regional economy, improvement in private consumption and production, high export levels and improvement in employee income, representing an improvement from the previous first quarter. - FY2024-Q1The recovery of the regional economy and weakness in production were noted together.Annual report
「In the Shizuoka economy, our main operating base, exports and public investment remained at high levels, while private consumption recovered gradually. Corporate production weakened due to supply constraints and labor shortages, but capital investment increased, particularly in manufacturing.」
Although exports, public investment, private consumption and capital investment were described as improving, weakness in production due to supply constraints and labor shortages was also noted. - FY2023MitigatedAnnual report
「Although the Shizuoka economy, our main operating base, was affected by the pandemic and rising prices, private consumption was on an increasing trend and corporate capital investment also increased, resulting in a recovery on a trend basis. Labor supply and demand were improving, while employee income also improved gradually despite remaining weak.」
Although the effects of the pandemic and higher prices and weakness in employee income remain, improvement was seen in private consumption, capital investment, labor supply and demand, and employee income. The regional economy was therefore described as having recovered on a trend basis. - FY2023-Q3MitigatedAnnual report
「Although supply constraints continued to affect the automobile industry and other sectors, corporate production recovered somewhat and private consumption, led by retail sales, also recovered, indicating that the Shizuoka economy, our main operating base, recovered on a trend basis.」
Although supply constraints affecting the automobile industry and other sectors remain, the Shizuoka economy was described as recovering on a trend basis, supported by the recovery in corporate production and private consumption. - FY2023-Q2MitigatedAnnual report
「Although supply constraints continued to affect production, particularly of automobiles and auto parts, the Shizuoka economy, our main operating base, recovered on a trend basis. Labor supply and demand and employee income were also on an improving trend.」
Although the effects of supply constraints remain, the Shizuoka economy recovered on a trend basis, while labor supply and demand and employee income were also described as improving. - FY2023-Q1MitigatedAnnual report
「In the Shizuoka economy, our main operating base, exports and public investment remained at high levels, while corporate production weakened due in part to supply constraints. Private consumption recovered as economic and social activity normalized.」
In the Shizuoka economy, exports and public investment remained at high levels and private consumption recovered. However, weakness in corporate production due to supply constraints and other factors remained. - FY2022WorsenedAnnual report
「The Shizuoka economy, our main operating base, recovered on a trend basis, but conditions remained difficult, with the effects of the pandemic persisting in the food services and accommodation industries. Labor supply and demand were improving, but employee income deteriorated.」
Although the Shizuoka economy recovered on a trend basis, the effects of the pandemic on the food services and accommodation industries and the deterioration in employee income indicated that difficult conditions remained in the regional economy. - FY2022-Q3MitigatedAnnual report
「The Shizuoka economy, our main operating base, showed signs of recovery as social and economic activity moved toward normalization. However, uncertainty continued for some products affected by supply chain disruptions and higher raw material prices.」
The Shizuoka economy showed signs of recovery as social and economic activity normalized, indicating improvement from the previous deterioration caused by the resurgence of infections and delays in parts supplies. However, uncertainty continued for some products due to supply chain disruptions and higher raw material prices. - FY2022-Q2WorsenedAnnual report
「In the Shizuoka economy, our main operating base, downward pressure on consumption of services such as dining and accommodation intensified as the area became subject to priority measures to prevent the spread of disease and state-of-emergency measures following a resurgence of infections. Delays in parts supplies also occurred, mainly in transport equipment manufacturing, slowing the growth of production and exports.」
In the Shizuoka economy, the resurgence of infections and the designation of the area for relevant measures intensified downward pressure on services consumption, while delays in parts supplies slowed the growth of production and exports. - FY2022-Q1Production declines caused by the semiconductor shortage and improvement in employment were noted together.Annual report
「In the Shizuoka economy, our main operating base, capital investment and housing investment showed signs of recovery, but corporate production declined due in part to the semiconductor shortage. The active job openings-to-applicants ratio remained above 1 and exceeded the national average, indicating continued improvement in employment conditions.」
The Shizuoka economy showed recovery and improvement in capital investment, housing investment and employment conditions, while the decline in corporate production due to the semiconductor shortage and other factors became more pronounced. - FY2021WorsenedAnnual report
「Although the Shizuoka economy, our main operating base, remains difficult overall, exports and production have partially recovered, with different trends across industries. Employment and income conditions are showing signs that the deterioration in labor supply and demand is coming to a halt, but the outlook remains uncertain.」
Although exports and production have partially recovered, difficult conditions continue across the regional economy, and uncertainty about the outlook for employment and income conditions was also indicated. - FY2021-Q3MitigatedAnnual report
「Although difficult conditions continue in the Shizuoka economy, our main operating base, exports of automobiles, scientific and optical equipment and other products increased, production of electrical and transport equipment recovered, and private consumption also recovered gradually as economic activity resumed.」
Although difficult conditions continue in the Shizuoka economy, exports, production and private consumption showed signs of recovery as economic activity resumed, indicating partial improvement from the previously difficult conditions. - FY2021-Q2MitigatedAnnual report
「The Shizuoka economy, our main operating base, remains in a difficult situation, with declining capital investment and employee income following lower corporate earnings. However, as economic activity gradually resumed, corporate production also showed signs of recovery, supported by increased public investment and a bottoming out in private consumption.」
While difficult conditions remain, including lower corporate earnings, capital investment and employee income, increased public investment, a bottoming out in private consumption and a recovery in production activity indicated partial improvement from the broad-based decline seen previously. - FY2021-Q1WorsenedAnnual report
「In the Shizuoka economy, our main operating base, exports fell substantially and inbound demand declined, while corporate production activity decreased and business sentiment weakened. Private consumption also fell substantially, particularly spending on dining out and services, while concern has emerged over trends such as deteriorating labor supply and demand and lower employee income resulting from weak corporate performance.」
The Shizuoka economy deteriorated as exports, inbound demand, corporate production activity and private consumption declined, while lower employment and income also became a concern. - FY2020WorsenedAnnual report
「The economy in Shizuoka, our main operating base, generally maintained gradual growth, but corporate earnings, particularly in manufacturing, were on a declining trend. Among non-manufacturers, some sectors, including tourism and food services, saw substantial declines in sales, resulting in generally weak conditions.」
The Shizuoka economy changed from the previous description of a gradual recovery trend to generally weak conditions, accompanied by lower manufacturing earnings and declining sales in tourism and food services. - FY2020-Q3The expansion of the regional economy has stalled.Annual report
「Although corporate capital investment and public investment in the Shizuoka economy, our main operating base, remained on an increasing trend, some weakness was seen in exports and production, resulting in a pause in the gradual expansion. However, private consumption continued to recover as employment and income conditions improved gradually, and the economy has generally maintained a gradual recovery trend.」
Although capital investment, public investment, employment and income conditions, and private consumption continued to improve, weakness in exports and production indicated a pause in the expansion from the previous description of gradual growth. - FY2020-Q2MitigatedAnnual report
「Although weakness was seen in the Shizuoka economy, our main operating base, particularly in exports and manufacturing for overseas markets, the economy expanded gradually overall, supported by increased capital investment related to productivity improvements and research and development, as well as increased public investment. Private consumption has continued to recover as employment and income conditions improved gradually.」
Although weakness remains in exports and manufacturing for overseas markets, the regional economy expanded gradually overall on increased capital and public investment, and the recovery in private consumption has continued. - FY2020-Q1WorsenedAnnual report
「Exports have lost momentum amid a slowdown in overseas economies, and corporate production has also weakened. Private consumption has continued to recover overall, despite some weakness, as employment and income conditions have improved gradually.」
The Shizuoka economy has generally maintained a gradual recovery trend, while export growth has slowed against the backdrop of a slowdown in overseas economies and corporate production has also weakened. Some weakness has also been seen in private consumption. - FY2019MitigatedAnnual report
「Exports remained on an upward trend, driven by exports of engines, auto parts and other products to the United States. Private consumption remained on a recovery trend, with sales of home appliances and passenger cars performing steadily as employment and income conditions improved gradually.」
Exports in the Shizuoka economy remained on an upward trend, while private consumption was also described as being on a recovery trend. The description has shifted toward improvement from the previous references to volatility in exports and a pause in the recovery. - FY2019-Q3Added instability in the recovery of exports and uncertainty about the outlookAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, saw increases in capital investment related to productivity improvements and research and development, particularly in manufacturing, while exports recovered moderately, despite fluctuations, mainly to Asia. Although employment and income conditions continued to improve and private consumption also recovered moderately, uncertainty about the outlook increased due to US-China trade issues and uncertainty in overseas economies.」
The Shizuoka economy showed improvement in capital investment, exports, employment and income conditions, and private consumption. However, exports were described as volatile, and uncertainty about the outlook due to US-China trade issues and uncertainty in overseas economies was added. - FY2019-Q2MitigatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, expanded moderately, with increases in capital investment related to productivity improvements and research and development, particularly in manufacturing. Exports continued to increase moderately, despite fluctuations in transport equipment and electrical machinery, while private consumption also recovered moderately as employment and income conditions improved.」
The Shizuoka economy expanded moderately, with exports moving from the loss of momentum indicated previously to a moderate upward trend, while employment and income conditions and private consumption also improved. - FY2019-Q1Exports lose momentumAnnual report
「Exports showed signs of losing momentum, but the economy continued to improve moderately overall, while private consumption also continued to recover as employment and income conditions improved moderately.」
While the Shizuoka economy continued to improve moderately overall, exports showed signs of losing momentum after remaining on an upward trend through the previous fiscal year. - FY2018MitigatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, expanded moderately, with capital investment related to productivity improvements and research and development increasing further, particularly among large and medium-sized manufacturing companies. Exports also remained on an upward trend, with automobiles and motorcycles increasing mainly to Europe.」
The Shizuoka economy was described as having improved further from the previous uncertainty and weakness, accompanied by improvements in manufacturing capital investment, exports and private consumption. - FY2018-Q3MitigatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, was recovering, with capital investment increasing mainly in manufacturing, exports gaining momentum, and private consumption recovering as employment and income conditions improved moderately.」
For the Shizuoka economy, improvements in manufacturing capital investment, exports, employment and income conditions, and private consumption were indicated, while the caution regarding capital investment by small and micro companies noted previously was not explicitly mentioned this time. - FY2018-Q2RestatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, continued to recover moderately, with capital investment related to productivity improvements and research and development seen mainly among large and medium-sized manufacturing companies. Meanwhile, small and micro companies remained cautious about capital investment. Exports gained momentum amid moderate growth in overseas economies, with automobiles and motorcycles increasing mainly to Europe, while private consumption also recovered moderately as employment and income conditions improved.」
While the recovery of the Shizuoka economy and improvements in exports, employment and income conditions, and private consumption continued to be indicated, caution remained regarding capital investment by small and micro companies. - FY2018-Q1MitigatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, continued to improve moderately. Investment related to productivity improvements and research and development increased further, particularly among large and medium-sized manufacturing companies, while public investment also increased and exports grew steadily amid moderate growth in overseas economies. Private consumption also recovered as employment and income conditions improved moderately.」
For the Shizuoka economy, improvement in manufacturing investment, public investment, exports and private consumption was indicated, continuing the description of improvement from the uncertainty and weakness through the previous fiscal year. - FY2017MitigatedAnnual report
「The economy of Shizuoka Prefecture, the Bank's main operating base, continued to improve moderately, with increases in capital investment related to productivity improvements and research and development, particularly among large and medium-sized manufacturing companies. Exports had also bottomed out against the backdrop of a recovery in the global economy, with exports to China remaining firm and exports to Europe increasing, particularly of automobiles and motorcycles.」
For the Shizuoka economy, increases in capital investment, exports bottoming out and a recovery in private consumption were indicated, and the description continued to point toward improvement from the previous concerns. - FY2017-Q3MitigatedAnnual report
「Although weakness remained in emerging economies, the economy of Shizuoka Prefecture, the Bank's main operating base, recovered moderately, with signs that exports had bottomed out in some industries and private consumption showing signs of recovery amid improving employment and income conditions.」
Although weakness remained in emerging economies, signs that exports had bottomed out and improvements in employment and income conditions and private consumption were indicated, showing that the recovery in the Shizuoka economy had improved from the previous period. - FY2017-Q2ReframedAnnual report
「In the economy of Shizuoka Prefecture, the Bank's main operating base, employment conditions remained stable, but companies in the prefecture remained cautious about capital investment, and the economic recovery consequently lacked strength.」
The focus of risks affecting the Shizuoka economy shifted from the previous weakness in exports and production caused by a stronger yen and a slowdown in emerging economies to companies in the prefecture remaining cautious about capital investment and the weak economic recovery. - FY2017-Q1First statedAnnual report
「The economy of Shizuoka Prefecture, the main operating base of the Bank, was recovering moderately, with capital investment increasing mainly among large and medium-sized companies. However, uncertainty about the outlook increased as exports and production showed signs of weakness against the backdrop of a slowdown in emerging economies and a stronger yen.」
For the economy of Shizuoka Prefecture, the Bank's main operating base, weakness in exports and production resulting from a slowdown in emerging economies and a stronger yen was identified as a risk despite the recovery.