Gradual Recovery in the Domestic Economy
First written in FY2018-Q2. 3 of 22 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 23 of 54 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2026-H1Updated: domestic economic recovery during the interim periodAnnual report
「During the six months ended 30 September 2025, Japan's domestic economy continued to recover gradually. Wage increases were seen for the third consecutive year, and the employment and income environment improved, but real wages remained negative as wage growth failed to keep pace with rising prices. As a result, households continued to favor saving, and private consumption remained lackluster.」
While Japan's domestic economy recovered gradually due to wage increases for the third consecutive year and improvement in the employment and income environment, negative real wages, a preference for saving and weakness in private consumption were reported. - FY2025-H1Updated: domestic economic recovery during the interim periodAnnual report
「During the six months ended 30 September 2024, Japan's domestic economy showed increasingly clear signs of an overall recovery centered on private consumption as the employment and income environment improved with wage increases in the annual spring labor-management negotiations for the second consecutive year. In the government's Monthly Economic Report, the underlying assessment was raised in August for the first time in 1 year and 3 months, against a backdrop of signs of recovery in private consumption.」
It was stated that the recovery in Japan's domestic economy, centered on private consumption, became increasingly clear against a backdrop of wage increases for the second consecutive year and improvement in the employment and income environment. - FY2024-Q3Domestic economic recovery continuesAnnual report
「During the cumulative third quarter of the fiscal year ending March 2024, Japan's domestic economy showed increasingly clear signs of recovery in consumption-related activity as the flow of people recovered following the reclassification of COVID-19 to Category 5 under the Infectious Diseases Act in May, and many companies implemented wage increases at their highest level in approximately 30 years. Corporate earnings increased, and capital investment also became more active. Beginning with its May Monthly Economic Report, the government assessed that "the domestic economy is recovering gradually."」
Against a backdrop of COVID-19 being reclassified to Category 5, the recovery in the flow of people, and wage increases at their highest level in approximately 30 years, recovery in consumption-related activity became increasingly clear, while corporate earnings and capital investment also improved and became more active. - FY2024-Q2Domestic economic recovery continuesAnnual report
「During the cumulative second quarter of the fiscal year ending March 2024, Japan's domestic economy remained firm overall. Although consumption-related activity was affected by rising prices, particularly for food, it remained solid against a backdrop of pent-up demand. In manufacturing-related industries, business conditions recovered as concerns over the supply of components such as semiconductors eased. The government's Monthly Economic Report assessed the economy as "recovering gradually" for five consecutive months from May through September.」
While the impact of rising prices persisted, Japan's domestic economy remained firm, supported by pent-up demand, easing concerns over component supplies and improving business conditions in manufacturing, and the government's assessment remained "recovering gradually" for 5 consecutive months. - FY2024-Q1First-quarter domestic economic recovery and concernsAnnual report
「During the cumulative first quarter of the fiscal year ending March 2024, Japan's domestic economy showed increasingly clear signs of an overall recovery, led by private consumption, as wage increases were seen in the annual spring labor-management negotiations, improving the employment and income environment, and the government's price-support measures for energy and food took effect. The government's Monthly Economic Report was revised upward from "recovering gradually" in April to "recovering moderately" in May and June.」
Against a backdrop of wage increases, improvement in the employment and income environment, and price-support measures, Japan's domestic economy showed increasingly clear signs of recovery, led by private consumption, and the government's economic assessment was revised upward. - FY2023-Q3Third-quarter domestic economic recovery and concernsAnnual report
「During the cumulative consolidated third-quarter period of the fiscal year ending March 2023, from 1 April 2022 to 31 December 2022, signs of recovery emerged as efforts to balance measures against COVID-19 with economic activity progressed, and the government's monthly economic report upgraded its economic assessment in July to “the economy is gradually recovering.” Meanwhile, surging prices and volatility in financial and capital markets are factors of concern for the outlook.」
Japan's domestic economy showed signs of recovery as efforts to balance infection control measures and economic activity progressed, while soaring prices and volatility in financial and capital markets were cited as concerns. - FY2023-Q1First-quarter domestic economic recovery and concernsAnnual report
「During the cumulative first quarter of the fiscal year ending March 2023, Japan's domestic economy showed signs of recovery as no restrictions on activity related to COVID-19 were imposed during the period, and economic indicators recovered. The government's Monthly Economic Report stated that the economy was showing signs of recovery. In addition, the wording referring to COVID-19, which had been used since March 2020, was removed from the May 2022 report. Meanwhile, soaring prices caused by Russia's invasion of Ukraine and the weaker yen became increasingly evident and were cited as concerns for the outlook.」
While Japan's domestic economy showed signs of recovery against a backdrop of no restrictions on activity, the situation in Ukraine and soaring prices caused by the weaker yen were cited as new concerns for the outlook. - FY2022Severe economic conditions throughout the fiscal year amid the pandemicAnnual report
「During fiscal 2021, Japan's economy remained weak overall as states of emergency and quasi-emergency measures were imposed nationwide from April through September, curbing private consumption such as travel and dining out.」
Although the economy recovered after restrictions on activity were lifted, it weakened again in the second half of the fiscal year due to renewed restrictions on activity and supply shortages. - FY2022-Q3Domestic economy recovered after restrictions on activity were liftedAnnual report
「During the cumulative third quarter of the fiscal year ending March 2022, Japan's economy showed signs of recovery as the state of emergency in 19 prefectures and the quasi-emergency measures in 8 prefectures were lifted at the end of September, restoring the flow of people.」
It was stated that Japan's domestic economy showed signs of recovery from the severe conditions through the previous quarter, supported by the lifting of the state of emergency and other measures and the recovery in the flow of people. - FY2022-Q2Japan's domestic economy remained in a severe condition amid the pandemic during the second quarterAnnual report
「During the cumulative second quarter of the fiscal year ending March 2022, Japan's economy remained in a severe condition overall. As the fifth wave of COVID-19 spread nationwide, the quasi-emergency measures and states of emergency were applied in many prefectures, restricting activity for most of the first half. As a result, private consumption remained weak, while production and corporate earnings also stagnated.」
The fifth wave of COVID-19 and restrictions on activity caused private consumption, production and corporate earnings to stagnate, leaving Japan's economy in a continued severe condition. - FY2022-Q1Japan's domestic economy remained in a severe condition amid the pandemic during the first quarterAnnual report
「During the cumulative first quarter of the fiscal year ending March 2022, Japan's economy remained in a severe condition overall as it experienced a fourth wave of COVID-19 infections centered on the Tokyo and Kansai regions, causing private consumption, production and corporate earnings to decline rapidly.」
The fourth wave of COVID-19 caused private consumption, production and corporate earnings to decline rapidly, leaving Japan's economy in a continued severe condition. - FY2021Severe economic conditions throughout the fiscal year amid the pandemicAnnual report
「Japan's economy deteriorated rapidly in fiscal 2020 as a state of emergency was declared in April due to the spread of COVID-19, causing private consumption, corporate earnings and production to decline significantly.」
Japan's economy deteriorated rapidly due to the spread of COVID-19 and, although signs of recovery emerged toward year-end, severe conditions continued after a second state of emergency was declared. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year ending March 2021, from 1 April 2020 to 31 December 2020, Japan's economy remained in a severe condition. Corporate earnings continued to decline sharply and capital investment decreased due to the impact of COVID-19. However, production and private consumption showed signs of recovery, resulting in signs of recovery overall.」
While the sharp decline in corporate earnings and decrease in capital investment continued, production and private consumption showed signs of recovery, and Japan's economy showed signs of recovery overall despite remaining in a severe condition. - FY2021-Q2Signs of recovery amid the pandemicAnnual report
「During the cumulative second quarter of the fiscal year ending March 2021, from 1 April 2020 to 30 September 2020, Japan's economy was significantly affected by the spread of COVID-19. Capital investment remained weak as the sharp decline in corporate earnings continued. However, as production and private consumption began to recover, the economy as a whole showed signs of recovery despite remaining in a severe condition.」
While the sharp decline in corporate earnings and weakness in capital investment continued, production and private consumption began to recover, and Japan's economy showed signs of recovery despite remaining in a severe condition. - FY2021-Q1Domestic economy plunged amid the COVID-19 pandemicAnnual report
「During the cumulative first quarter of the fiscal year ending March 2021, from 1 April 2020 to 30 June 2020, Japan's economy was in an extremely severe condition as private consumption, production and corporate earnings all declined rapidly due to the spread of COVID-19.」
It was stated that the spread of COVID-19 caused private consumption, production and corporate earnings to decline rapidly, leaving Japan's economy in an extremely severe condition. - FY2020-Q3Recovery continued despite weaker exports and productionAnnual report
「During the cumulative third quarter of the fiscal year ending March 2020, from 1 April 2019 to 31 December 2019, production weakened as the weakness in exports caused by US-China trade tensions persisted, and corporate earnings also weakened, particularly in manufacturing. Although investment in machinery was weak, overall capital investment continued to increase gradually. Private consumption continued to recover against a backdrop of steady improvement in employment conditions, and the economy as a whole continued to recover gradually.」
While exports, production and corporate earnings in manufacturing weakened due to US-China trade tensions, Japan's economy continued to recover gradually, supported by capital investment, employment and private consumption. - FY2020-Q2Recovery despite weaker exports amid US-China trade tensionsAnnual report
「During the cumulative second quarter of the fiscal year ending March 2020, from 1 April 2019 to 30 September 2019, Japan's economy recovered gradually overall. Exports weakened due to the impact of US-China trade tensions, and production also weakened toward the end of the period, but private consumption continued to recover and employment conditions continued to improve steadily.」
While exports and production weakened due to the impact of US-China trade tensions, Japan's economy continued to recover gradually as private consumption and employment conditions improved. - FY2019-Q3Recovery accompanied by broadly flat exportsAnnual report
「During the cumulative third quarter of the fiscal year ending March 2019, from 1 April 2018 to 31 December 2018, Japan's economy recovered gradually overall. Although exports remained broadly flat, corporate earnings continued to improve and private consumption continued to recover through steady improvement in the employment environment.」
While exports remained broadly flat, Japan's economy recovered gradually, supported by improvements in corporate earnings, the employment environment and private consumption. - FY2019-Q2Recovery accompanied by a pause in the recovery of exportsAnnual report
「During the cumulative second quarter of the fiscal year ending March 2019, from 1 April 2018 to 30 September 2018, Japan's economy recovered gradually. Although the recovery in exports paused, corporate earnings continued to improve and private consumption continued to recover through steady improvement in the employment environment.」
While the recovery in exports paused, Japan's economy recovered gradually, supported by improvements in corporate earnings, the employment environment and private consumption. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year ending March 2019, from 1 April 2018 to 30 June 2018, Japan's economy continued to recover gradually as corporate earnings improved on the recovery in exports and private consumption recovered through steady improvement in the employment environment.」
It was restated that Japan's economy continued to recover gradually, supported by improvements in exports and corporate earnings, the employment environment, and private consumption. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the fiscal year ending March 2018, Japan's economy remained on a gradual recovery track overall. Exports recovered, capital investment moved onto an upward trend amid improving corporate earnings, and private consumption also recovered gradually as the employment and income environment continued to improve.」
It was restated that Japan's economy remained on a gradual recovery track, supported by the recovery in exports, corporate earnings, capital investment, the employment and income environment, and private consumption. - FY2018-Q2First statedAnnual report
「During the cumulative second quarter of the fiscal year ending March 2018, Japan's economy remained on a gradual recovery track as exports recovered, capital investment recovered amid improving corporate earnings, and private consumption also recovered gradually.」
It was stated that Japan's economy remained on a gradual recovery track, supported by the recovery in exports, corporate earnings, capital investment and private consumption.