Changes in Economic Conditions, Crude Oil Prices, Customers’ Logistics Policies, and Market Supply and Demand
First written in FY2016. 20 of 35 entries say "Restated". Latest entry: FY2026.
Asagami moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2019: 12 of 23 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To address the risk of changes in the business environment, we have established systems and mechanisms to reliably gather information from customers and respond immediately based on decisions by management. We are also pursuing new business opportunities, greater operating efficiency and cost reductions, and will take these measures to ensure business continuity.」
As measures to address changes in the external environment, the disclosure describes systems for gathering customer information, enabling immediate decisions by management, improving efficiency and reducing costs. - 2026-06-04RestatedGeneral Meetings of Shareholders
「In the real estate industry, vacancy rates for central Tokyo offices have remained low, while rents are trending upward.」
不動産市場の外部環境について、都心オフィスの空室率と賃料の動向を再掲している。 - FY2026-H1RestatedAnnual report
「In the logistics industry, the effective job-offer ratio for drivers and fuel prices remain high, and the challenging operating environment continues. In the real estate industry, vacancy rates for central Tokyo offices have declined, while rents are trending higher. In the wedding segment of the printing industry, the number of marriages remains subdued. In the newspaper segment as well, the declining trend in circulation remains unchanged, and challenging conditions continue.」
The disclosure states that changes in the external environment and market supply and demand continue in the logistics, real estate and printing businesses. - FY2025-H1RestatedAnnual report
「In the logistics industry, the operating environment remains challenging, as the effective job-offer ratio for drivers remains high and fuel prices continue at elevated levels. In the real estate industry, vacancy rates at large logistics facilities in the Tokyo metropolitan area remain high due to the completion of new properties and other factors. In the wedding segment of the printing industry, the number of marriages has increased slightly, but the number of weddings handled by wedding venues has declined. In the newspaper segment as well, the long-term decline in circulation has not changed, and challenging conditions continue.」
The disclosure states that challenging external conditions and changes in market supply and demand continue in the logistics, real estate and printing businesses. - FY2024-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, social and economic activity in Japan continued to normalize following the change in the classification of COVID-19, and the economy showed signs of recovery due in part to an increase in inbound visitors. However, prices remained high and the number of corporate bankruptcies increased. Close monitoring of foreign exchange movements, monetary policy and overseas economies will remain necessary, and the outlook remains uncertain.」
Regarding the external economic environment that could affect each business, the disclosure describes signs of an economic recovery alongside an increase in corporate bankruptcies, high prices, and uncertainty resulting from exchange rates, monetary policy and overseas economies. - FY2024-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan showed signs of economic recovery as economic activity normalized and the number of inbound visitors increased. Meanwhile, prices remained high, requiring close monitoring of foreign exchange movements, monetary policy and overseas economies, and the outlook remained uncertain.」
Regarding the external environment that could affect business activities, the disclosure presents both signs of an economic recovery and uncertainty resulting from high prices, exchange rates, monetary policy and overseas economies. - FY2024-Q1Economic recovery alongside uncertainty over prices, foreign exchange and monetary policyAnnual report
「During the first quarter of the current consolidated cumulative period, Japan showed signs of economic recovery due to the change in the legal classification of COVID-19 and an increase in the number of inbound visitors. Meanwhile, prices remained high, requiring close monitoring of foreign exchange movements and monetary policy, and the outlook remained uncertain.」
Regarding the external environment that could affect each business, the disclosure presents both signs of an economic recovery and uncertainty resulting from high prices, exchange rates and monetary policy. - FY2023RestatedAnnual report
「The business activities of the Group may be affected in terms of operating results and financial position if the environment changes, including domestic and overseas economic trends, crude oil price trends and customers' logistics policies in the logistics business, market trends in the real estate business, and market trends in the printing business.」
The disclosure reiterates the risk that changes in economic conditions, crude oil prices, customers' logistics policies, and the real estate and printing markets could affect operating results. It also describes systems for gathering customer information and enabling immediate decisions by management. - FY2023-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, economic activity resumed toward recovery from the impact of COVID-19, but the outlook remained uncertain because the number of infections increased and prices rose amid foreign exchange fluctuations.」
While describing the resumption of economic activity following the impact of the infectious disease situation, the disclosure specifies rising numbers of infections, higher prices and exchange-rate fluctuations as new external risk factors. In the logistics business, lower automobile production due to the semiconductor shortage is also cited as a factor reducing the volume of transportation handled. - FY2023-Q2Concerns over a renewed spread of the infectious disease and continued inflationAnnual report
「However, the outlook remains uncertain because concerns over a renewed spread of the infectious disease remain and prices are rising due to the situation in Ukraine and exchange-rate movements.」
Regarding the external environment that could affect each business, the disclosure cites concerns over a renewed spread of the infectious disease, as well as higher prices resulting from the situation in Ukraine and exchange-rate movements. - FY2023-Q1RestatedAnnual report
「However, the outlook remains uncertain because concerns over a renewed spread of the infectious disease remain and resource prices are rising due to the situation in Ukraine and other factors.」
Regarding the external environment that could affect each business, the disclosure reiterates concerns over a renewed spread of the infectious disease, higher resource prices resulting from the situation in Ukraine and other factors, and uncertainty about the outlook. - FY2022WorsenedAnnual report
「During the consolidated fiscal year, Japan's economic activity was restricted by the spread of COVID-19. In addition, the outlook remains uncertain due to concerns over various cost increases, including higher resource prices, resulting from the situation in Ukraine and other factors.」
The disclosure cites restrictions on economic activity caused by the infectious disease situation, as well as higher resource prices and concerns over increased costs resulting from the situation in Ukraine and other factors. - FY2022-Q3WorsenedAnnual report
「During the third quarter of the current consolidated cumulative period, no end to COVID-19 was in sight, and the outlook remained uncertain, partly because new variants had emerged.」
Regarding domestic and overseas economic conditions that could affect each business, the disclosure cites the lack of visibility on when the infectious disease situation will subside and the emergence of new variants. - FY2022-Q2A domestic economic recovery alongside continued uncertaintyAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy was showing signs of recovery as production and exports increased gradually, but the outlook remained uncertain because the impact of the spread of COVID-19 was prolonged.」
The disclosure presents both the positive factor of a gradual increase in production and exports and the uncertainty resulting from the prolonged infectious disease situation. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, economic activity in Japan remained under severe conditions because the spread of COVID-19 led to the implementation in April of priority preventive measures and a state of emergency, mainly in major cities.」
The text states that the external economic environment affecting each business remained challenging due to the resurgence of infectious diseases and the implementation of government measures. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, economic activity in Japan declined amid the spread of COVID-19. The increase in infections remained uncontrolled, and the outlook remained uncertain.」
Regarding the external conditions that may affect each business, the text reiterates the continued decline in economic activity, increase in infections and uncertainty about the outlook. - FY2021-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, economic activity in Japan declined amid the spread of COVID-19. The increase in infections has not been brought under control, and the future of the economy remains uncertain.」
Regarding the external conditions that may affect each business, the text describes the continued decline in economic activity and increase in infections, emphasizing the uncertain outlook. - FY2021-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, economic activity in Japan continued to decline because of the spread of COVID-19, with marked declines in exports and production. The global economy remained sluggish overall, and the outlook remained uncertain.」
The text identifies domestic economic activity, exports, production and the sluggish global economy as external conditions that may affect each business. - FY2020WorsenedAnnual report
「During the current consolidated fiscal year, Japan's economy saw personal consumption decline following the October 2019 consumption tax rate increase. Exports and imports and production also declined. In the employment environment, the upward trend in the active job openings-to-applicants ratio stopped, although the ratio remained at a high level. In the fourth quarter, the spread of COVID-19 restricted economic activity in China, the United States and other countries around the world, and the outlook was expected to remain challenging.」
The text identifies the decline in personal consumption following the consumption tax rate increase, declines in exports and imports and production, and restrictions on economic activity worldwide due to the spread of COVID-19 as factors worsening the external environment. - FY2020-Q3Added weakness in consumption and the export environmentAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy showed declines in personal consumption due to the consumption tax rate increase and weakness in exports, although the low unemployment rate was maintained. However, the outlook remains uncertain because of the uncertain impact of developments in trade friction between the United States and China and between Japan and South Korea, as well as heightened tensions in the Middle East.」
The text presents both declining domestic personal consumption and weak exports and an uncertain outlook due to trade friction between the United States and China and between Japan and South Korea, as well as the situation in the Middle East. - FY2020-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy continued to recover gradually against a backdrop of steady improvement in employment, although weakness was evident mainly in exports. However, the outlook remains uncertain because of the uncertain impact of intensifying trade friction between the United States and China and between Japan and South Korea, as well as heightened tensions in the Middle East.」
While describing the gradual recovery of the domestic economy, the text identifies weak exports, escalating trade friction between the United States and China and between Japan and South Korea, and heightened tensions in the Middle East as new external concerns. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy showed signs of increased corporate capital investment and a recovery in personal consumption. However, the outlook remains uncertain because of the uncertain impact of the slowdown in the Chinese economy, trade issues among various countries and policy developments.」
The text presents both improvements in domestic capital investment and personal consumption and uncertainty arising from the Chinese economy, trade issues and policy developments. - FY2019RestatedAnnual report
「During the current consolidated fiscal year, corporate capital investment increased and personal consumption continued to recover gradually in Japan. However, the outlook remained uncertain due to the uncertain effects of the slowdown in the Chinese economy, trade issues and policy developments in various countries.」
The text presents both factors supporting the recovery of the domestic economy and an uncertain outlook due to overseas economies and trade policies. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy continued on a gradual recovery trend overall against the backdrop of increased production and an improving employment environment. However, the outlook remained uncertain due to the impact of an uncertain overseas economy.」
The text presents both the gradual recovery of the domestic economy and the uncertain outlook resulting from uncertainty in overseas economies. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, corporate earnings improved against the backdrop of gradual growth in production and an improving employment environment. Capital investment also increased, particularly among large companies, and the economy continued on a recovery trend overall.」
The text describes the continued recovery trend in the external economic environment, including production, employment, corporate earnings and capital investment, while also noting uncertainty due to the impact of overseas economies. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, corporate earnings improved, particularly in non-manufacturing, against the backdrop of gradual growth in production and a recovery in exports and imports. Capital investment also increased, particularly among large companies, and the economy continued on a recovery trend overall.」
The text describes the continued recovery trend in the external economic environment, including production and exports and imports, corporate earnings and capital investment. - FY2018RestatedAnnual report
「During the current consolidated fiscal year, corporate earnings improved against the backdrop of gradual growth in production and a recovery in exports, while capital investment also increased gradually. Overall, Japan's economy continued on a recovery trend.」
The text states that the external economic environment, including production and exports, corporate earnings and capital investment, continued on a recovery trend. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, corporate earnings improved against the backdrop of gradual growth in production and a recovery in exports, while capital investment also increased gradually. Overall, the economy continued on a recovery trend.」
The text states that the external economic environment, including production and exports, corporate earnings and capital investment, continued on a recovery trend. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy continued on a gradual recovery trend overall. Corporate performance remained strong against the backdrop of solid production and exports, and capital investment also increased gradually as a result.」
The text states that the external economic environment, including production and exports, corporate performance, capital investment and the employment environment, continued on a gradual recovery trend. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, active corporate activity, including the recovery in production and exports, sustained high levels of housing starts and solid growth in capital investment, contributed to an improvement in Japan's economy.」
The text describes conditions in the external economic environment, including production and exports, housing starts and capital investment, and also identifies factors supporting an economic recovery. - FY2017RestatedAnnual report
「The Group's business activities may be affected in terms of operating results and financial condition if the external environment changes, including domestic and overseas economic conditions, crude oil prices and customers' logistics policies in the logistics business; market supply and demand balances and market trends in the real estate business; and market trends in the printing business.」
The text similarly describes the risks posed by changes in the external environment surrounding each business, including economic conditions, crude oil prices, customer policies, and market supply and demand. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, Japan's economy showed some weakness, including sluggish wage growth and capital investment and a downward trend in consumer prices. However, production and corporate earnings recovered amid rising share prices and a weaker yen, and housing starts also increased, among other improvements. Overall, the economy remained on a gradual recovery trend.」
The text continues to describe both weakness, including sluggish wage growth and capital investment, and improvements in the external economic environment, such as the recovery in production and corporate earnings. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, Japan's economy continued to lack strength overall. Although the employment environment continued to improve, corporate earnings deteriorated against the backdrop of the yen's appreciation and more cautious views of the economic outlook became widespread. Production and capital investment remained stagnant, while household consumption also weakened.」
The text continues to describe conditions in which the external economic environment may affect the business, including the yen's appreciation, deteriorating corporate earnings, stagnant production and capital investment, and weakening household consumption. - FY2017-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, Japan's economy continued to lack strength overall. Although the employment environment continued to improve, exporters' earnings deteriorated against the backdrop of the yen's appreciation from the beginning of the year, while various economic indicators, including personal consumption, wage growth, production and capital investment, remained stagnant.」
The text describes the existing risk that external conditions, including economic trends and foreign exchange rates, may affect the business, citing the yen's appreciation and stagnating economic indicators. - FY2016First statedAnnual report
「The Group's business activities may be affected in terms of operating results and financial condition if the external environment changes, including domestic and overseas economic conditions, crude oil prices and customers' logistics policies in the logistics business; market supply and demand balances and market trends in the real estate business; and market trends in the printing business.」
The text lists the possibility that changes in the external environment surrounding each business may affect operating results and financial condition.