Impact on Performance and Asset Quality from Economic Deterioration and Financial Market Turmoil
First written in FY2016. 13 of 22 entries say "Restated". Latest entry: FY2026-H1.
AEON Financial Service 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 2020: 17 of 26 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「In the Asian countries where the Group operates, economic recovery is also taking time due to concerns about a slowdown in the Chinese economy, worsening prospects for macroeconomic indicators affected by U.S. trade policy, and sluggish income growth amid continuing inflation.」
Regarding economic and market environment risks, the company identifies concerns about a slowdown in the Chinese economy, worsening prospects for macroeconomic indicators due to U.S. trade policy, and continuing inflation accompanied by sluggish income growth as new specific factors. - FY2025WorsenedAnnual report
「In global affairs, uncertainty about the policies of the new U.S. administration, sluggish economic growth in China and geopolitical instability resulting from conflicts continued to cloud the outlook.」
In addition to the existing risks of a slowdown in the Chinese economy and geopolitical instability, the company explicitly identifies uncertainty about the policies of the new U.S. administration as a risk factor. - FY2025-H1RestatedAnnual report
「During the current interim consolidated fiscal period, the domestic economy was on a gradual recovery trend due to improvements in employment, income and other conditions, but personal consumption lacked strength as the preference for saving remained strong amid rising prices caused by the prolonged depreciation of the yen, labor shortages and other factors. Overseas, inflation continued in addition to persistent global geopolitical instability and a delayed recovery in the Chinese economy, meaning that economic recovery is taking time.」
The company continues to identify domestic price increases and the preference for saving, as well as geopolitical instability overseas, the delayed recovery of the Chinese economy and inflation, as existing economic environment risks. - FY2025-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, personal consumption lacked strength as consumer sentiment deteriorated and the preference for saving increased due to rising prices caused by the prolonged depreciation of the yen, labor shortages and other factors. Overseas, the global geopolitical situation remained unstable, the recovery of the Chinese economy was delayed and inflation continued, meaning that economic recovery is taking time.」
The company continues to identify domestic price increases and the preference for saving, as well as geopolitical instability overseas, the delayed recovery of the Chinese economy and inflation, as existing economic and market environment risks. - FY2024WorsenedAnnual report
「During the current consolidated fiscal year, uncertainty about the outlook continued amid persistent geopolitical instability worldwide, slowing growth in the Chinese economy, and downside risks to economies associated with continued monetary tightening and persistently high interest rates in countries other than Japan.」
In addition to the existing risks of downside risks to overseas economies and monetary tightening, the company explicitly identifies geopolitical instability worldwide and slowing growth in the Chinese economy as risk factors. - FY2024-Q3RestatedAnnual report
「Meanwhile, downside risks to overseas economies resulting from continued monetary tightening worldwide and volatility in financial and capital markets have become apparent, and unstable economic conditions continued.」
While reporting a recovery in the domestic economy, the company continues to recognize the emergence of downside risks to overseas economies and volatility in financial and capital markets. - FY2024-Q2WorsenedAnnual report
「Meanwhile, downside risks to overseas economies resulting from continued monetary tightening in countries other than Japan, volatility in financial and capital markets, and a growing preference for saving due to rising prices have become apparent, and the outlook remains uncertain.」
The company states that, in addition to the existing risks of downside risks to overseas economies and rising prices, volatility in financial and capital markets and a growing preference for saving have become apparent. - FY2024-Q1RestatedAnnual report
「Meanwhile, uncertainty remains due to downside risks to overseas economies resulting from continued monetary tightening in countries other than Japan, as well as restraint on personal consumption caused by rising prices.」
While the impact of COVID-19 has diminished and economic activity has begun to recover, the company identifies downside risks to overseas economies and restraint on personal consumption caused by rising prices as existing economic and financial market risks. - FY2023-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The Company states that no new business or other risks arose and that there were no significant changes to existing risks. - FY2023-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The Company states that no new business or other risks arose and that there were no significant changes to existing risks. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Company states that no new business or other risks arose and that there were no significant changes to existing risks. - FY2022RestatedAnnual report
「Meanwhile, vaccination programs are currently progressing in Japan and overseas, and some economic activity is beginning to resume, but the impact of COVID-19 is becoming prolonged due to repeated waves of infections involving new variants,」
The company continues to disclose the possibility that the prolonged impact of the pandemic could increase credit-related costs and reduce liquidity as a result of deteriorating economic conditions. - FY2022-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The Company states that no new business or other risks arose and that there were no significant changes to existing risks. - FY2022-Q1RestatedAnnual report
「Although consolidated results for the first quarter of the current consolidated fiscal year continued to be affected by the COVID-19 pandemic, rapid digitalization enabled us to strengthen remote sales activities with customers as well as screening and collections, resulting in higher revenue and higher profit.」
The company states that although the impact of COVID-19 continues, business performance improved from the loss recorded in the same period of the previous year, partly due to initiatives related to digitalization. - FY2021-Q3WorsenedAnnual report
「The situation remained such that the end of the COVID-19 pandemic could not be foreseen, as some countries and regions where the company operates took measures to reimpose restrictions on activities that had previously been eased.」
Restrictions on activities that had previously been eased were tightened again in some regions, and the company continues to face a situation in which the end of the pandemic cannot be foreseen. - FY2021-Q2MaterialisedAnnual report
「As the global spread of COVID-19 continued, economic activity gradually resumed in the countries and regions where the company operates after restrictions on going out and bans on or requests to refrain from business activities, resulting in a situation where business operations proceeded alongside infection-control measures. The situation remained unpredictable due to the risk of a renewed spread of infections, while personal consumption and corporate capital investment remained sluggish and cautious views about the outlook became widespread.」
While the impact of COVID-19 on economic activity continues, economic activity has also begun to resume gradually under restrictions. The company continues to disclose the renewed spread of infections, stagnant personal consumption and capital investment, and uncertainty about the outlook. - FY2021-Q1MaterialisedAnnual report
「During the first quarter of the current consolidated fiscal year, the operating environment surrounding the company became extremely challenging as the global spread of COVID-19 led to restrictions on going out, bans on or requests to refrain from business activities and other measures in the countries and regions where the company operates, while customers' lifestyles and behavior also changed significantly.」
Restrictions on going out, limits on business activities and changes in lifestyles due to COVID-19 continued, resulting in an operating loss of ¥863 million, an ordinary loss of ¥722 million and a quarterly net loss attributable to owners of the parent of ¥1,080 million. - FY2020MaterialisedAnnual report
「The environment surrounding the Group remains uncertain due to stagnant economic activity resulting from states of emergency and various restrictions issued by governments and financial authorities in response to the widening impact of COVID-19, as well as the deterioration of the global economy, which is expected to continue for an extended period.」
The company states that COVID-19 has in fact caused stagnant economic activity and deterioration in the global economy, with the potential to affect business performance. - FY2020-Q4RestatedAnnual report
「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」
The company states that no new risks arose and that there were no material changes to existing risks. - FY2019-Q3RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
States that no new risks arose and that there were no material changes to existing risks. - FY2017RestatedAnnual report
「If employment conditions, household income, personal consumption and other factors in the countries and regions where the Group operates remain depressed for an extended period due to a deterioration in the economic environment, transaction volumes and operating revenue may be affected.」
The company continues to disclose the risk that an economic downturn could affect personal consumption, transaction volumes, revenue and credit-related costs. - FY2016First statedAnnual report
「If economic conditions in Japan or these countries and regions deteriorate, or if financial market turmoil or other such events occur, the Group's business may stagnate and its asset quality may deteriorate.」
The company identifies deteriorating economic conditions and financial markets in Japan and overseas as risks that could lead to business stagnation and deterioration in asset quality.