Impact of a Consumption Tax Increase on the Domestic Economy
First written in FY2020-Q1. 1 of 4 entries say "Restated". Latest entry: FY2021-Q2.
The whole theme swung hardest in 2026: 4 of 7 companies on the "Worse" side.
35 other companies' latest entry also says "Dropped".
- FY2021-Q2DroppedAnnual reportThe description of the economic environment for the second quarter contains no specific reference to the impact of the consumption tax increase on the domestic economy.
- FY2020-Q3RestatedAnnual report
「There are many sources of uncertainty, including the impact on the domestic economy of the consumption tax increase implemented from October last year and the effects of damage caused by natural disasters, and the outlook is expected to remain uncertain.」
On the assumption that the consumption tax increase is being implemented, the company continues to identify its impact on the domestic economy as a source of uncertainty. - FY2020-Q2Implementation of the consumption tax increaseAnnual report
「However, in addition to overseas geopolitical risk factors, including the slowdown in emerging-market economies, particularly China, the US-China trade dispute and the UK's withdrawal from the EU, there are many other sources of uncertainty, including the impact on the domestic economy of the consumption tax increase implemented from October this year and damage caused by natural disasters, and the outlook is expected to remain uncertain.」
The description changed from “scheduled for October this year” in the previous quarter to stating that the consumption tax increase is being implemented. Its impact on the domestic economy continues to be presented as a risk. - FY2020-Q1First statedAnnual report
「However, in addition to overseas geopolitical risk factors, including the slowdown in emerging-market economies, particularly China, the US-China trade dispute and the UK's withdrawal from the EU, there are many other sources of uncertainty, including the impact on the domestic economy of the consumption tax increase scheduled for October this year, and the outlook is expected to remain uncertain.」
For the first time, the company explicitly identifies the impact on the domestic economy of the consumption tax increase scheduled for October this year as a source of uncertainty separate from overseas geopolitical risks.