Risks of downward pressure on economic activity from yen appreciation, a slowdown in emerging markets, and the UK's withdrawal from the EU
First written in FY2016-Q3. 2 of 5 entries say "Restated". Latest entry: FY2023.
FinTech Global moved to the "Worse" side of this theme in 2022, 3 years after the typical company in this theme (2019).
The whole theme swung hardest in 2022: 140 of 172 companies on the "Worse" side.
68 other companies' latest entry also says "Worsened".
- FY2023WorsenedAnnual report
「Japanese companies and local communities face a range of challenges, including deteriorating profitability due to higher raw material and energy prices, and declining tax revenues and labor shortages resulting from population decline and the falling birthrate and aging population.」
In addition to foreign-exchange and economic fluctuations, the company explicitly identified higher raw material and energy prices, population decline, the falling birthrate and aging population, lower tax revenues and labor shortages as business-environment challenges. - FY2022WorsenedAnnual report
「Amid major changes in the business environment, including rising raw material prices and the yen's depreciation, the issue of business succession is considered to have become even more significant.」
In addition to the previously cited stronger yen and slowdown in emerging economies, the disclosure points to changes in the business environment, including rising raw material prices and the yen's depreciation. - FY2017-Q1RestatedAnnual report
「However, the outlook remains uncertain amid caution over policies after the US presidential election and concerns over a slowdown in the Chinese and emerging-market economies.」
The disclosure continues to identify uncertainty over the outlook, arising from US policies and concerns over a slowdown in China and emerging economies, as a business risk. - FY2016RestatedAnnual report
「The outlook remained uncertain because of concerns over downside risks to the economies of emerging Asian countries and elsewhere and the impact of the UK's withdrawal from the EU on the global economy, while the recovery in private consumption remained weak.」
The disclosure continues to cite uncertainty in the external economic environment, including downside risks to emerging economies and the UK's withdrawal from the EU. - FY2016-Q3First statedAnnual report
「On the other hand, there are risks of economic downside from the yen's appreciation, concerns over a slowdown in emerging economies and the effects of the UK's withdrawal from the EU, increasing uncertainty over the outlook.」
The external economic environment is identified as a risk because of the stronger yen, concerns over a slowdown in emerging economies and the effects of the UK's withdrawal from the EU.