Uncertainty in the Global Economy Stemming from Overseas Political Conditions
First written in FY2017-Q1. 8 of 12 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 104 of 134 companies on the "Worse" side.
- FY2026WorsenedAnnual report
「Natural disasters, infectious diseases and geopolitical risks There is a risk that large-scale natural disasters such as earthquakes and weather-related disasters, including typhoons, torrential rain, storm surges and landslides, global geopolitical risks, infectious disease outbreaks, terrorism and unlawful acts, as well as other external environmental changes that are difficult for the Group to control, could damage infrastructure and facilities, suspend operations, increase restoration costs and restrict business activities, affecting performance and financial position.」
The scope has expanded from uncertainty centered on overseas political conditions to global external-environment risks, including geopolitical risks, terrorism and conflicts. - FY2024WorsenedAnnual report
「Significant changes in political and economic conditions overseas, the occurrence of terrorism or conflicts, changes in the legal and regulatory frameworks of individual countries, and other factors may result in the contraction or suspension of overseas business activities. Market and foreign exchange trends may also cause raw material prices to rise, delays in procurement and foreign exchange losses, potentially affecting the Group’s operating results and financial position.」
The scope of overseas risks has explicitly expanded from the previously identified uncertainty stemming from overseas political conditions to include terrorism, conflicts, regulatory changes, foreign exchange and procurement delays. - FY2019-Q3RestatedAnnual report
「However, consumer sentiment showed no significant change, while developments in trade issues raised concerns about risks including a downturn in the free-trade-based global economy, leaving the outlook uncertain.」
The Group reiterates the risk of a downturn in the free-trade-based economy caused by trade issues and the uncertain outlook for the global economy. - FY2019-Q2RestatedAnnual report
「However, consumer sentiment showed no significant change, while developments in trade issues raised concerns about the risk of a downturn in the free-trade-based global economy, leaving the outlook uncertain.」
The Group reiterates the risk of a downturn in the free-trade-based economy caused by trade issues and the uncertain outlook for the global economy. - FY2019-Q1WorsenedAnnual report
「However, consumer sentiment showed no significant change, while developments in trade issues raised concerns about the risk of a downturn in the free-trade-based global economy, leaving the outlook uncertain.」
In addition to the previously identified global economic uncertainty caused by overseas political conditions, the Group identifies the risk of a downturn in the free-trade-based economy caused by trade issues. - FY2018-Q3RestatedAnnual report
「However, uncertainty in the global economy arising from political conditions overseas and other factors remains a concern as a downside risk to economic activity, and the outlook therefore remains uncertain.」
The Group reiterates global economic uncertainty stemming from overseas political conditions and other factors as a downside risk to economic activity. - FY2018-Q2RestatedAnnual report
「However, uncertainty in the global economy arising from political conditions overseas and other factors remains a concern as a downside risk to economic activity, and the outlook therefore remains uncertain.」
The Group reiterates global economic uncertainty stemming from overseas political conditions and other factors as a downside risk to economic activity. - FY2018-Q1RestatedAnnual report
「However, uncertainty in the global economy arising from political conditions overseas and other factors remains a concern as a downside risk to economic activity, and the outlook therefore remains uncertain.」
The Group reiterates global economic uncertainty stemming from overseas political conditions and other factors as a downside risk to economic activity. - FY2017RestatedAnnual report
「Uncertainty in the global economy arising from political conditions overseas remained a concern as a downside risk to economic activity, and conditions remained uncertain going forward.」
The Group reiterates global economic uncertainty stemming from overseas political conditions as a downside risk to economic activity. - FY2017-Q3RestatedAnnual report
「Furthermore, uncertainty in the global economy arising from political conditions overseas is a concern because of its potential impact as a downside risk to Japan’s economy, and the outlook therefore remains uncertain.」
The Group continues to identify global economic uncertainty stemming from overseas political conditions as a downside risk to the domestic economy. - FY2017-Q2RestatedAnnual report
「Uncertainty in the global economy arising from political conditions overseas is a concern because of its potential impact as a downside risk to Japan’s economy, and the outlook therefore remains uncertain.」
The Group continues to identify global economic uncertainty stemming from overseas political conditions as a downside risk to the domestic economy. - FY2017-Q1First statedAnnual report
「However, uncertainty in the global economy arising from political conditions overseas is a concern because of its potential impact as a downside risk to Japan’s economy, and the outlook therefore remains uncertain.」
For the first time, the Group explicitly identifies global economic uncertainty stemming from overseas political conditions as a downside risk to the domestic economy.