Economic Uncertainty Driven by Variant Spread and Raw Material Price Trends
First written in FY2022-Q1. 2 of 6 entries say "Worsened", first in FY2022-Q2. Latest entry: FY2024-Q2.
Asia Air Survey moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 7 of 14 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「In Japan, the economy was gradually recovering amid improvements in employment and income conditions and the effects of various policies, but conditions remained concerning due to rising prices and volatility in financial and capital markets.」
The company notes both the gradual recovery of the domestic economy and concerns about rising prices and volatility in financial and capital markets. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no significant changes regarding economic uncertainty due to variant strains and trends in raw material prices. - FY2023-Q2ReframedAnnual report
「During the six months ended the second quarter of the current fiscal year, the global economy remained uncertain due to global monetary tightening, particularly in the United States and the EU, and the continuing impact of COVID-19. In Japan, although the economy was expected to recover under living with COVID-19, partly due to the effects of various policies, and corporate earnings were gradually improving, concerns about economic recovery remained because of rising prices and volatility in financial and capital markets.」
The company describes global monetary tightening and the continuing impact of infectious diseases as sources of uncertainty in overseas economies, while noting expectations for improving domestic economic conditions and corporate earnings alongside concerns about rising prices and volatility in financial and capital markets. - FY2022WorsenedAnnual report
「Regarding the outlook for Japan's economy, the budget for public works for fiscal 2022 is expected to remain at approximately the same level as the previous year's budget, and the economy is gradually recovering from the severe conditions caused by COVID-19. However, the impact on the economy of global inflation, yen depreciation, and the prolonged situation in Ukraine is highly uncertain, and conditions are expected to remain unpredictable.」
In addition to concerns about variant strains, raw material prices, and financial markets, the company cites global inflation, yen depreciation, and the prolonged situation in Ukraine, further broadening the sources of economic uncertainty. - FY2022-Q2WorsenedAnnual report
「In Japan, corporate activity showed signs of recovery and earnings were trending toward improvement as measures including priority preventive measures and vaccinations were implemented, but conditions remained concerning due to rising raw material prices and volatility in financial and capital markets.」
The company has specified rising raw material prices and volatility in financial and capital markets as factors of concern, compared with the previous quarter's concern regarding trends in raw material prices. - FY2022-Q1First statedAnnual report
「In Japan, corporate earnings showed signs of a gradual recovery as measures to prevent the spread of infectious diseases were implemented and the healthcare system was strengthened, but conditions remained concerning due to variant strains and trends in raw material prices.」
The company describes infectious disease variants and trends in raw material prices as new factors of concern that could hinder the recovery of the domestic economy.