Uncertainty About the Economic Outlook
First written in FY2016-Q2. 22 of 32 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2022: 131 of 176 companies on the "Worse" side.
- FY2026-H1Added concern over price trends against the backdrop of the situation in the Middle EastAnnual report
「During the interim consolidated accounting period, Japan’s economy recovered moderately, and signs of a recovery were seen in personal consumption and other areas. However, consumer sentiment remained cautious amid concerns about price trends stemming from the situation in the Middle East.」
While indicating an economic recovery and a recovery in personal consumption, the disclosure newly identifies price trends stemming from the situation in the Middle East as a factor of concern for the outlook. - FY2025RestatedAnnual report
「The economy recovered moderately and personal consumption and other areas showed signs of recovery, but uncertainty remained due to factors including high prices and the impact of U.S. trade policy.」
The impact of U.S. trade policy, in addition to high prices, continues to be cited as a factor contributing to uncertainty about the outlook. - FY2025-H1Added U.S. trade policy as a source of uncertaintyAnnual report
「During the current interim consolidated accounting period, the Japanese economy recovered moderately and private consumption and other areas showed signs of a recovery. However, uncertainty was seen due to high prices and the impact of U.S. trade policy, among other factors.」
While indicating an economic recovery and a recovery in private consumption, it explicitly identifies the impact of U.S. trade policy, in addition to the previously cited high prices, as a factor contributing to uncertainty about the outlook. - FY2024-Q2Specifying exchange-rate trends as the continuing depreciation of the yenAnnual report
「During the current consolidated fiscal year, the Japanese economy recovered moderately as the novel coronavirus pandemic subsided and economic and social activity normalized. However, the outlook remained uncertain due to high prices and the continuing depreciation of the yen.」
While indicating a moderate economic recovery, it describes the factors behind uncertainty about the outlook as high prices and the continuing depreciation of the yen, rather than the previously cited developments in the foreign exchange market. - FY2024-Q1Uncertainty due to high prices and exchange-rate trendsAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy recovered moderately as the novel coronavirus pandemic subsided and economic and social activity normalized. However, the outlook remained uncertain due to high prices and developments in the foreign exchange market.」
While noting that the novel coronavirus pandemic had subsided and the economy was recovering moderately, it identifies high prices and developments in the foreign exchange market as factors contributing to uncertainty about the outlook. - FY2023-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained in an uncertain outlook. Although private consumption and other areas recovered as the novel coronavirus pandemic subsided and economic and social activity normalized, raw material and energy prices continued to rise.」
While economic and social activity and private consumption are indicated to be recovering, uncertainty about the outlook due to rising raw material and energy prices continues to be disclosed. - FY2023-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy remained in an uncertain outlook. Although private consumption and other areas recovered as the novel coronavirus pandemic subsided and economic and social activity normalized, raw material and energy prices continued to rise.」
While normalization of economic and social activity and a recovery in private consumption are indicated, uncertainty about the outlook due to rising raw material and energy prices continues to be disclosed. - FY2023-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, normalization of economic and social activity progressed as the impact of the novel coronavirus disease continued, and private consumption and other areas showed signs of a moderate recovery. However, the outlook remained uncertain amid rising raw material and energy prices.」
While economic and social activity and private consumption continued to recover, uncertainty about the outlook due to rising raw material and energy prices continues to be disclosed. - FY2022Uncertainty about the outlook due to high prices, high energy costs and the weak yenAnnual report
「During the current consolidated fiscal year, normalization of economic and social activity progressed as the impact of the novel coronavirus disease continued, and private consumption and other areas showed signs of a moderate recovery. However, the outlook remained uncertain amid soaring raw material and energy prices and the continuing depreciation of the yen.」
Alongside the recovery in economic and social activity and private consumption, soaring raw material and energy prices and the continuing depreciation of the yen are indicated as factors contributing to uncertainty about the outlook. - FY2022-Q3Economic recovery and higher costs coexistAnnual report
「During the third quarter of the current consolidated cumulative period, normalization of economic and social activity progressed as the impact of the novel coronavirus disease continued, and private consumption and other areas showed signs of a moderate recovery. However, the outlook remained uncertain amid soaring raw material and energy prices.」
While normalization of economic and social activity and a recovery in private consumption are indicated, uncertainty about the outlook continues due to soaring raw material and energy prices. - FY2022-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, signs of a recovery in the Japanese economy continued, but weakness was seen in the recovery of private consumption and other areas amid the continuing challenging situation caused by the novel coronavirus disease.」
While the economy continued to show signs of a recovery, the impact of the infectious disease and weakness in the recovery of private consumption are noted, continuing the previous cautious view of the economic outlook. - FY2021-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, the Japanese economy remained in a challenging situation due to the impact of the novel coronavirus disease. Although signs of a recovery continued, private consumption and other areas remained weak.」
While signs of a recovery in the economy continued, private consumption and other areas remained weak, and the challenging situation and need for caution regarding the outlook continue to be noted. - FY2021-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy remained in a challenging situation due to the impact of the novel coronavirus disease. Although signs of a recovery continued, private consumption and other areas remained weak, particularly spending on services.」
While signs of a recovery in the economy continued, private consumption and other areas remained weak, and the challenging situation and need for caution regarding the outlook continue to be noted. - FY2021-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy remained in a challenging situation due to the impact of the novel coronavirus disease. Although signs of a recovery were seen, private consumption weakened and the economy remained in an uncertain outlook.」
While signs of a recovery in the economy were seen, continued weakness in private consumption and uncertainty about the outlook are disclosed. - FY2020RestatedAnnual report
「During the current consolidated fiscal year, the Japanese economy remained in a challenging situation as economic activity was restricted by the impact of the novel coronavirus disease, with private consumption and exports declining and employment conditions weakening, although signs of a recovery were also seen.」
While the economy remained in a challenging situation due to restrictions on economic activity resulting from the novel coronavirus disease and other factors, signs of a recovery are also noted. - FY2020-Q2WorsenedAnnual report
「During the second quarter of the current consolidated cumulative period, the Japanese economy deteriorated rapidly as economic activity was restricted by the global spread of the novel coronavirus disease, with private consumption, exports and production declining and employment conditions also weakening, making the outlook challenging.」
The disclosure has intensified from the previous uncertainty about the outlook to a rapid economic deterioration involving restrictions on economic activity due to the novel coronavirus disease, declines in private consumption, exports and production, and worsening employment conditions. - FY2020-Q1WorsenedAnnual report
「During the first quarter of the current consolidated cumulative period, the Japanese economy remained on a moderate recovery track, supported by improvements in employment and income conditions, although weakness intensified, particularly in the manufacturing sector, as exports weakened. Meanwhile, downside risks to the domestic and overseas economies increased due to the impact of the novel coronavirus disease, making the outlook challenging.」
In addition to the existing uncertainty about the economic outlook, it states that the outlook has become challenging as downside risks to the domestic and overseas economies increased due to the novel coronavirus disease. - FY2019RestatedAnnual report
「Meanwhile, the outlook has become more uncertain due to the impact of developments in trade issues on the global economy and fluctuations in financial and capital markets.」
For the economy as a whole, uncertainty about the outlook due to trade issues and fluctuations in financial and capital markets continues to be disclosed. - FY2019-Q3RestatedAnnual report
「Meanwhile, the outlook has become more uncertain due to the impact of developments in trade issues on the global economy and fluctuations in financial and capital markets.」
Uncertainty about the outlook due to trade issues and fluctuations in financial and capital markets continues to be disclosed in the same direction as in the previous quarter. - FY2019-Q2RestatedAnnual report
「Meanwhile, the outlook has become more uncertain due to the impact of developments in trade issues on the global economy and fluctuations in financial and capital markets.」
Uncertainty about the outlook due to trade issues and fluctuations in financial and capital markets continues to be disclosed in the same direction as in the previous quarter. - FY2019-Q1WorsenedAnnual report
「Meanwhile, the outlook has become more uncertain due to the impact of developments in trade issues on the global economy and fluctuations in financial and capital markets.」
In addition to the existing uncertainty about the outlook, trade issues and fluctuations in financial and capital markets are cited as factors, with the wording that “the outlook has become more uncertain.” - FY2018RestatedAnnual report
「Although the economy continued to recover moderately, it remained in an uncertain position owing in part to stagnant personal consumption.」
Disclosure concerning uncertainty about the economic outlook continues. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
It continues to indicate uncertainty about the outlook due to the economic recovery trend and stagnant private consumption. - FY2018-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
It continues to indicate uncertainty about the outlook due to the economic recovery trend and stagnant private consumption. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy continued to recover moderately, but remained in an uncertain position owing in part to stagnant personal consumption.」
It continues to indicate uncertainty about the outlook due to the economic recovery trend and stagnant private consumption. - FY2017RestatedAnnual report
「During the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
Continued uncertainty about the outlook due to the economic recovery trend and stagnant private consumption is indicated. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
Continued uncertainty about the outlook due to the economic recovery trend and stagnant private consumption is indicated. - FY2017-Q2RestatedAnnual report
「During the first six months of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
Continued uncertainty about the outlook due to the economic recovery trend and stagnant private consumption is indicated. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
Continued uncertainty about the outlook due to the economic recovery trend and stagnant private consumption is indicated. - FY2016RestatedAnnual report
「During the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
Uncertainty about the outlook due to the economy's moderate recovery and stagnant private consumption continues to be disclosed. - FY2016-Q3RestatedAnnual report
「During the first nine months of the current fiscal year, Japan's economy continued to recover moderately as a result of the government's and the Bank of Japan's economic and monetary policies, but remained in an uncertain position owing in part to stagnant personal consumption.」
The continued moderate economic recovery and uncertainty about the outlook due to stagnant personal consumption remain indicated. - FY2016-Q2First statedAnnual report
「Although the economy continued to recover moderately as a result of the government's economic policies and the Bank of Japan's monetary policy, it remained in an uncertain outlook, partly due to stagnant private consumption.」
While acknowledging the recovery trend in the economy, it cites uncertainty about the outlook due to stagnant private consumption and other factors.