Risk of Declines in Private-Sector Capital Investment and Capital Investment in Leased Equipment
First written in FY2016. 7 of 20 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2026.
Mizuho Leasing moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 2 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In the leasing industry, lease volume exceeded the previous fiscal year's level against a backdrop of an upward trend in capital investment.」
The disclosure cited an upward trend in capital investment and lease volume exceeding the previous fiscal year's level, indicating that the impact of the risk of weaker demand had been mitigated. - FY2024MitigatedAnnual report
「In the leasing industry, lease volume exceeded the previous fiscal year's level against a backdrop of recovering capital investment.」
Lease volume exceeded the previous fiscal year's level against a backdrop of recovering capital investment, and the impact of the risk of weaker capital investment was described as having been mitigated. - FY2024-Q3MitigatedAnnual report
「Lease and instalment-finance contract volume increased 47.2% year on year to ¥456,357 million, due to increases in industrial machine-tool and real estate transactions.」
Originations related to capital investment and leasing demand increased due to higher volumes in industrial machinery and real estate transactions, indicating that the impact of weaker demand described in the previous quarter had been mitigated. - FY2024-Q2MitigatedAnnual report
「Lease and instalment sales contract execution increased 55.7% year on year to ¥299,965 million, driven by an increase in the execution of industrial machinery and real estate projects.」
Lease and instalment-sales originations increased due to higher volumes in industrial machinery and real estate transactions, indicating that the impact of weaker demand described in the previous quarter had been mitigated. - FY2024-Q1MaterialisedAnnual report
「Lease and instalment-sales originations decreased 16.8% year on year to ¥64,683 million, due to declines in industrial machinery and real estate transactions.」
Originations related to capital investment and leasing demand decreased 16.8% year on year, indicating that weaker demand was reflected in the results for the quarter. - FY2023MitigatedAnnual report
「In the leasing industry, capital investment was beginning to recover against a backdrop of recovering economic activity, and lease volume was at the same level as in the previous fiscal year.」
The company stated that capital investment and leasing demand were beginning to recover against a backdrop of recovering economic activity. - FY2023-Q3MitigatedAnnual report
「As social and economic activity moved toward normalisation after the COVID-19 pandemic, the domestic economy was on a gradual recovery trend, supported by increased personal consumption, the recovery in services consumption following the resumption of inbound tourism, and resilient corporate capital investment.」
The company stated that corporate capital investment remained resilient and that the domestic economy was on a gradual recovery trend, while the risk of a decline in capital investment was described as having been further mitigated. - FY2023-Q2MitigatedAnnual report
「During the six months ended the second quarter of the current fiscal year, the seventh wave of COVID-19 infections expanded, but no restrictions on activities like those imposed previously were introduced. Pent-up replacement demand for corporate capital investment began to emerge, and the domestic economy was on a moderate recovery track.」
Pent-up replacement demand for capital investment began to emerge, and the domestic economy was recognized as being on a moderate recovery track. The impact of the risk of declining capital investment was described as mitigated compared with the previous fiscal year. - FY2022-Q3MaterialisedAnnual report
「Lease and installment contract originations decreased 21.9% year on year to ¥372,916 million, as originations overall declined due to the impact of COVID-19 and the execution of large information and communications equipment, industrial and machine-tool projects in the previous year.」
The decline in capital investment and demand for leases due in part to COVID-19 continued, and lease and installment contract originations decreased 21.9% year on year. The rate of decline narrowed from 37.9% in the previous quarter. - FY2022-Q2MaterialisedAnnual report
「Lease and installment contract originations decreased 37.9% year on year to ¥214,175 million, as originations overall declined due to the impact of COVID-19 and the execution of large information and communications equipment, industrial and machine-tool projects in the previous year.」
The impact of COVID-19 and the reversal of large projects executed in the previous year caused lease and installment contract originations to decrease 37.9% year on year. The decline in capital investment and demand for leases continued to be reflected in actual results. - FY2022-Q1MaterialisedAnnual report
「Lease and installment contract originations decreased 44.5% year on year to ¥91,953 million, as originations overall declined due to the impact of COVID-19 and the execution of large information and communications equipment, industrial and machine-tool projects in the previous year.」
The decline in lease and installment contract originations was disclosed as a result for the quarter, due to the impact of COVID-19 and the reversal of large projects executed in the previous year. - FY2021WorsenedAnnual report
「Regarding the business environment surrounding the Group, both the global and Japanese economies are expected to move toward recovery, although the pace is expected to be moderate. Given the high uncertainty surrounding the impact of COVID-19, including the emergence of variants and the pace of vaccine rollout, we recognize that the situation will continue to require attention during fiscal 2021. The Group expects capital investment to be restrained and credit costs to increase in certain industries.」
The impact of restrained capital investment will continue to require attention during fiscal 2021, and the Group expects restraint and higher credit costs in certain industries. - FY2021-Q3MaterialisedAnnual report
「Lease and installment contract originations decreased 7.9% year on year to ¥477,221 million. Although the handling of information and communications equipment increased as the Group captured demand related to telecommunications carriers' business expansion, originations overall declined due to the impact of COVID-19.」
Affected by COVID-19, lease and installment contract originations decreased 7.9% year on year, continuing to reflect lower capital investment and demand for leases. - FY2021-Q1MaterialisedAnnual report
「Lease and installment contract originations decreased 9.1% year on year to ¥165,703 million. Although the handling of information and communications equipment increased substantially as the Group captured demand for system investment and investment by telecommunications carriers, originations overall declined because large industrial and machine-tool projects were executed in the previous year and the current period was affected by COVID-19.」
Affected by COVID-19, lease and installment contract originations decreased 9.1% year on year. The decline in capital investment and demand for leases was reflected in actual results. - FY2020WorsenedAnnual report
「For certain industries, the Group expects capital investment plans to be postponed and credit costs to increase as a result of an economic downturn.」
The postponement of capital investment plans was explicitly identified as a risk expected to result from the economic downturn caused by COVID-19. - FY2019RestatedAnnual report
「A substantial decline in private-sector capital investment or lease-related capital investment may affect the Group's performance.」
A decline in private-sector capital investment and lease-related capital investment continues to be identified as a risk that may affect performance. - FY2017RestatedAnnual report
「Japan's economy followed a moderate recovery trend overall, partly influenced by the global economy, and capital investment remained stable against a backdrop of improved corporate earnings and other factors.」
The recognition that capital investment remained stable coexists with disclosure of the risk that a decline in capital investment could affect performance. - FY2017-Q3RestatedAnnual report
「Private-sector capital investment is expected to increase going forward against a backdrop of steady corporate earnings. However, overseas economies remain highly uncertain due to developments in policy under the new US administration and the outlook for emerging Asian economies, including China, and domestic companies continued to take a cautious stance.」
Regarding private-sector capital investment, expectations for future growth are noted, while the cautious stance of domestic companies and uncertainty in overseas economies continue to be disclosed. - FY2017-Q2RestatedAnnual report
「However, the outlook for overseas economies remains uncertain due to concerns over economic stagnation in emerging Asian countries, the UK's withdrawal from the EU, and developments in US monetary policy.」
Uncertainty regarding the capital investment environment continues. The disclosure states that domestic companies, particularly manufacturers, adopted a cautious stance toward capital investment due in part to the yen's appreciation, but does not mention a substantial decline in capital investment. - FY2016First statedAnnual report
「A substantial decline in private-sector capital investment or lease-related capital investment may affect the Group's performance.」
Customer capital investment trends are identified as an external factor affecting performance.