Concerns over a Global Economic Slowdown Driven by Supply Chain Disruptions and Inflation
First written in FY2022-Q2. 3 of 10 entries say "Materialised", first in FY2023-Q1. Latest entry: FY2026-H1.
Toyo Securities moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
The whole theme swung hardest in 2022: 4 of 8 companies on the "Worse" side.
0 other companies' latest entry also says "Other".
- FY2026-H1Market recovered after falling on reciprocal tariff announcementAnnual report
「Following President Trump's announcement of reciprocal tariffs, risk aversion intensified, broad-based selling occurred, and the Nikkei Stock Average fell to a low of ¥30,792.74 on 7 April. Share prices subsequently recovered gradually, and from May onward the market moved sideways, generally within a range of ¥37,000 to ¥40,000.」
After uncertainty in the external environment, including tariff policies, manifested itself in an actual decline in share prices, the market recovered against a backdrop of progress in negotiations and expectations for economic stimulus measures. - FY2025Added concerns about a recession caused by tariff policies and other factorsAnnual report
「Concerns over reciprocal tariffs that emerged shortly after the new administration took office in the United States led to concerns about a recession, while expectations of increasing fragmentation among major countries and regions worldwide also weighed on the economy.」
In addition to the previously cited inflation, interest-rate hikes and supply constraints, the Company disclosed concerns about a recession caused by reciprocal tariffs and global fragmentation as external environmental factors. - FY2024-Q3RestatedAnnual report
「Meanwhile, central banks in various countries have been raising interest rates to curb record inflation, and problems in China's real estate market persist. As a result, the outlook for the economy remains uncertain.」
The Company continued to identify uncertainty over the economic outlook, against a backdrop of interest-rate hikes to curb inflation and problems in China's real estate market, as an external environmental risk. - FY2024-Q2RestatedAnnual report
「Meanwhile, central banks in various countries have been raising interest rates to curb record inflation, while problems in China's real estate market have also contributed to intensifying concerns about a recession from the second half of the year onward.」
The Company continued to identify interest-rate hikes to curb inflation and problems in China's real estate market as external environmental risks underlying concerns about a recession. - FY2024-Q1RestatedAnnual report
「During the first quarter of the consolidated fiscal year, the global economy showed a gradual recovery in business sentiment and was moving toward the normalization of economic activity after the COVID-19 pandemic, although uncertainty remained over the outlook for issues including Russia's invasion of Ukraine. Meanwhile, central banks in various countries have been raising interest rates to curb record inflation, intensifying concerns about a recession from the second half of the year onward.」
The Company continued to disclose uncertainty in the global economy and concerns about a recession against a backdrop of supply constraints, inflation and interest-rate hikes. It also noted the normalization of economic activity and a recovery in business sentiment. - FY2023-Q3MaterialisedAnnual report
「Meanwhile, central banks in various countries have been raising interest rates to curb record inflation, intensifying concerns about a global economic downturn.」
The disclosure states that interest-rate hikes to curb inflation intensified concerns about a global economic downturn, leading to weaker investor sentiment, lower fee income and a shift into the red. - FY2023-Q2MaterialisedAnnual report
「Federal Reserve Chair Powell stated that interest-rate hikes could have a negative impact on the economy, while indicating that the Fed would continue raising rates until it had brought inflation under control. Concerns about a global economic downturn have consequently intensified.」
The disclosure states that interest-rate hikes to curb inflation intensified concerns about a global economic downturn, leading to weaker investor sentiment and deteriorating business performance. - FY2023-Q1MaterialisedAnnual report
「During the first quarter of the consolidated fiscal year, the global economy continued to develop cautiously amid progress, particularly in Europe and the United States, toward the normalization of economic activity with COVID-19 becoming endemic. At the same time, uncertainty remained over the outlook for issues including Russia's invasion of Ukraine and lockdowns in Shanghai and other parts of China. In June, the United States decided on a substantial interest-rate hike to curb record inflation. It indicated another substantial hike in July, and concerns about an economic downturn have intensified as business sentiment has recently fallen short of expectations.」
Uncertainty surrounding supply chains, inflation, interest-rate hikes and lockdowns persisted, and concerns about an economic downturn intensified. - FY2022-Q3Supply constraints show signs of easing, but uncertainty persistsAnnual report
「Problems stemming from supply constraints are currently showing signs of improvement, and economic indicators in major countries are once again suggesting an economic recovery. However, concerns about the direction of monetary policy and the emergence of further variants remain, and the situation continues to be unpredictable.」
Although problems stemming from supply constraints show signs of improvement, uncertainty in the global economy continues amid concerns about the direction of monetary policy and new variants. - FY2022-Q2First statedAnnual report
「At the same time, supply chain disruptions caused by semiconductor shortages, power shortages and other factors, as well as persistent inflation concerns arising from higher raw material prices, have emerged, and economic indicators in major countries have begun to show signs of a slowdown.」
The Company identified for the first time the supply chain disruptions caused by semiconductor and power shortages, inflation concerns arising from higher raw material prices, and signs of a slowdown in the economies of major countries as external economic conditions during the quarter.