Economic Uncertainty Driven by Monetary Tightening, Resource Prices and Policy Developments
First written in FY2023-Q3. 2 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 25 of 36 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Trade policy, interest-rate and geopolitical risks presented alongside a gradual economic recoveryAnnual report
「In addition to higher long-term interest rates resulting from increases in policy rates, downside risks to the economy increased against the backdrop of U.S. trade policy, instability in Japan-China relations and the situation in the Middle East.」
Interest-rate increases, Japan-China relations and the Middle East were added to existing concerns over trade policy and high costs as downside factors. - FY2026-H1Trade policy and high costs presented alongside rising economic activityAnnual report
「In addition to some impact from U.S. trade policy, labor shortages and persistently high raw-material and logistics costs remained concerns. Nevertheless, rising construction demand from public investment and redevelopment, together with capital investment supported by previously strong corporate earnings, drove the economy, which continued to trend upward gradually.」
U.S. trade policy, labor shortages and high raw-material and logistics costs were cited as concerns, while construction demand and capital investment supported a gradual economic recovery. - FY2025-H1Uncertainty presented alongside an upward trend in economic activityAnnual report
「During the six months ended September 30, the Japanese economy remained uncertain due to continued high interest rates in Europe and the United States and the effects of rising prices. Although typhoons and torrential rain from August to September 2024 had a negative impact, including lower factory operating rates, economic activity continued to trend upward as infrastructure construction and capital investment supported by improving corporate earnings remained firm.」
Uncertainty from high interest rates and inflation and the negative impact of severe weather were presented alongside rising economic activity supported by infrastructure work and capital investment. - FY2024-Q3Improved business sentiment presented alongside weaker consumption due to higher pricesAnnual report
「Although personal consumption weakened as prices rose, as they did overseas, and the economy remained stagnant, economic activity moved further toward normalization, supported by broad improvements in business sentiment and active development projects.」
Weak personal consumption and economic stagnation due to higher prices were presented alongside improving business sentiment and progress toward normalization. - FY2024-Q2RestatedAnnual report
「Although the Japanese economy remained uncertain due to risks of downward pressure from the yen’s depreciation, supported by strong U.S. economic indicators, and monetary tightening, progress toward normalizing economic activity accelerated further during the six months ended September 30.」
Risks from yen depreciation and monetary tightening, together with an uncertain outlook, continued to be cited. - FY2024-Q1RestatedAnnual report
「The outlook for the Japanese economy remains uncertain due to concerns including persistently high energy and equipment prices resulting from the prolonged situation in Ukraine and an economic slowdown caused by monetary tightening.」
Economic uncertainty caused by external conditions continued to be reported from the prior period. - FY2023-Q3First statedAnnual report
「The outlook for the Japanese economy remains uncertain due to numerous concerns, including economic conditions in Europe and the United States following monetary tightening, soaring resource and equipment prices, trends in the Bank of Japan’s short- and long-term interest-rate policies, and the response to COVID-19 following its classification as a Category 5 disease.」
Multiple external factors are listed as concerns regarding the outlook for the Japanese economy.