Komori
Hikari Tsushin (9435) · RiskMiddle East situation added

Uncertainty from Weak Overseas Economies, Brexit and Other Factors

First written in FY2017-Q2. 14 of 24 entries say "Restated". Latest entry: FY2026.

24entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2020-Q3OtherFY2023-Q2 – FY20262016: 12017: 420172018: 420182019: 220192020: 120202021: 020212022: 220222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies

The whole theme swung hardest in 2022: 140 of 172 companies on the "Worse" side.

25 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 195 companies compared. The sentences above are computed from all 195.
Full recordFilings, disclosures and news, newest first
  1. FY2026Middle East situation addedAnnual report

    「The operating environment surrounding our Group remained on a gradual recovery trend as employment and income conditions continued to improve. However, the outlook remained uncertain due to price trends, developments concerning US trade policy, the effects of the situation in the Middle East, volatility in financial and capital markets and other factors.」

    While indicating an economic recovery trend, the disclosure explicitly identifies the situation in the Middle East, in addition to prices, US trade policy and financial and capital markets, as a factor creating uncertainty.
  2. 2026-05-13OtherRevision of earnings forecasts

    「At the same time, uncertainty about the outlook continues due to price trends, developments surrounding U.S. trade policy, the impact of the situation in the Middle East, and volatility in financial and capital markets.」

    The Company cited U.S. trade policy, the situation in the Middle East and volatility in financial and capital markets as factors contributing to uncertainty about the outlook.
  3. FY2026-H1Explicitly cited rising prices and US trade policy.Annual report

    「However, the outlook remained uncertain due to the continued rise in prices, the effects of US trade policy and volatility in financial and capital markets.」

    While the economy remained on a gradual recovery trend, the disclosure explicitly identifies continued price increases and US trade policy as factors creating uncertainty about the outlook, in addition to the existing factors of concern.
  4. FY2025Updated the factors of concern to overseas economies, financial markets and US policy trends.Annual report

    「The business environment surrounding our Group remained uncertain. Although signs of a gradual recovery were evident amid improvements in employment and income conditions, the outlook remained uncertain due to the effects of a slowdown in overseas economies, volatility in financial and capital markets, US policy trends and other factors.」

    While indicating signs of an economic recovery, the disclosure cites a slowdown in overseas economies, volatility in financial and capital markets and US policy trends as factors creating uncertainty about the outlook.
  5. FY2024RestatedAnnual report

    「The business environment surrounding our Group remained uncertain. Although economic and social activity continued to normalize and signs of a gradual recovery were evident, the outlook remained uncertain due to the effects of continued global monetary tightening and rising prices associated with prolonged geopolitical risks, among other factors.」

    While indicating signs of an economic recovery, the disclosure reconfirms the uncertainty about the outlook caused by global monetary tightening, geopolitical risks and rising prices.
  6. FY2024-Q3RestatedAnnual report

    「During the nine-month consolidated cumulative period under review, Japan's economy showed signs of a gradual recovery as economic and social activity continued to normalize. However, the outlook remained uncertain due to the effects of continued global monetary tightening and rising prices associated with prolonged geopolitical risks, among other factors.」

    While indicating signs of an economic recovery, the disclosure reconfirms the uncertainty about the outlook caused by continued global monetary tightening, prolonged geopolitical risks and rising prices.
  7. FY2024-Q2Added the prolonged nature of geopolitical risks.Annual report

    「During the six-month consolidated cumulative period under review, Japan's economy showed signs of a gradual recovery as economic and social activity continued to normalize. However, the outlook remained uncertain due to the effects of continued global monetary tightening and rising prices associated with prolonged geopolitical risks, among other factors.」

    While indicating signs of an economic recovery, the disclosure identifies the prolonged nature of geopolitical risks as a factor creating uncertainty, in addition to the existing concerns over monetary tightening and rising prices.
  8. FY2024-Q1RestatedAnnual report

    「During the three-month consolidated cumulative period under review, Japan's economy showed signs of a gradual recovery as economic and social activity continued to normalize. However, the outlook remained uncertain due to the effects of continued global monetary tightening, rising prices and other factors.」

    While indicating signs of an economic recovery, the disclosure reconfirms the uncertainty about the outlook caused by continued global monetary tightening and rising prices.
  9. FY2023Added rising prices.Annual report

    「The business environment surrounding our Group remains uncertain. Although economic and social activity is normalizing and signs of recovery are evident, the outlook remains uncertain due to the effects of soaring resource prices and rising prices associated with the situation involving Russia and Ukraine, among other factors.」

    While indicating the normalization of economic and social activity and a recovery in economic conditions, the disclosure adds rising prices to the previously cited soaring resource prices and specifies the factors creating uncertainty about the outlook.
  10. FY2023-Q3RestatedAnnual report

    「During the nine-month consolidated cumulative period under review, Japan's economy showed signs of recovery as economic and social activity continued to normalize. However, the outlook remained uncertain due to the effects of soaring resource prices amid the situation involving Russia and Ukraine.」

    While indicating the normalization of economic and social activity and a recovery in economic conditions, the disclosure reconfirms the uncertainty caused by soaring resource prices amid the situation involving Russia and Ukraine.
  11. FY2023-Q2Specified the factors of concern as soaring resource prices and yen depreciation.Annual report

    「During the six-month consolidated cumulative period under review, Japan's economy showed signs of recovery as economic and social activity continued to normalize. However, the outlook remained uncertain due to the effects of soaring resource prices amid the situation involving Russia and Ukraine, rapid yen depreciation and other factors.」

    While indicating the normalization of economic and social activity and a recovery in economic conditions, the disclosure specifies the previously cited uncertainty factors as soaring resource prices and rapid yen depreciation.
  12. FY2022WorsenedAnnual report

    「The business environment surrounding our Group remains uncertain, due to the prolonged impact of the COVID-19 pandemic, soaring resource prices stemming from the situation in Ukraine, and the effects of US interest-rate hikes, among other factors.」

    In addition to the existing uncertainty surrounding overseas economies, policy and financial markets, soaring resource prices stemming from the situation in Ukraine and US interest-rate hikes were identified as new factors creating uncertainty.
  13. FY2020-Q3RestatedAnnual report

    「Although concerns remain over US-China trade tensions and other factors, a gradual recovery is expected to continue, supported by the effects of various policies.」

    The explanation of the economic environment reconfirms concerns about overseas economies, including factors creating uncertainty about the outlook such as US-China trade tensions.
  14. FY2019RestatedAnnual report

    「Although overseas economies overall are recovering moderately, concerns remain over the outlook for the Chinese economy, developments in trade issues, policy uncertainty and the effects of fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the Chinese economy, trade issues, policy uncertainty and fluctuations in financial and capital markets while indicating a recovery trend in overseas economies.
  15. FY2019-Q3RestatedAnnual report

    「Although overseas economies continue to recover moderately and show signs of improvement, concerns remain over the future economic conditions of emerging Asian economies, including China, developments in trade issues, policy uncertainty and the effects of fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the future of the overseas economy, including China, trade issues, policy uncertainty and fluctuations in financial and capital markets, while indicating a recovery trend in overseas economies.
  16. FY2019-Q2RestatedAnnual report

    「Although overseas economies continue to recover moderately and show signs of improvement, concerns remain over the future economic conditions of emerging Asian economies, including China, developments in trade issues, policy uncertainty and the effects of fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the future of the overseas economy, including China, trade issues, policy uncertainty and fluctuations in financial and capital markets, while indicating a recovery trend in overseas economies.
  17. FY2019-Q1Addition of trade issuesAnnual report

    「Although overseas economies continue to recover moderately and show signs of improvement, concerns remain over the future economic conditions of emerging Asian economies, including China, developments in trade issues, policy uncertainty and the effects of fluctuations in financial and capital markets.」

    In addition to its existing concerns over overseas economies, policies and financial and capital markets, the company explicitly identifies developments in trade issues as a factor of concern.
  18. FY2018RestatedAnnual report

    「Although overseas economies are showing moderate recovery and signs of improvement, concerns remain over the effects of policy uncertainty and fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the outlook arising from policy uncertainty and fluctuations in financial and capital markets while indicating a recovery trend in overseas economies.
  19. FY2018-Q3RestatedAnnual report

    「Overall, overseas economies are recovering moderately, and this trend is expected to continue. However, concerns remain over the effects of policy uncertainty and fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the outlook arising from policy uncertainty and fluctuations in financial and capital markets while indicating a recovery trend in overseas economies.
  20. FY2018-Q2RestatedAnnual report

    「The US economy is recovering, while other overseas economies are showing signs of improvement or moderate recovery. This trend is expected to continue, but concerns remain over the effects of policy uncertainty and fluctuations in financial and capital markets.」

    The company is reaffirming concerns over the outlook arising from policy uncertainty and fluctuations in financial and capital markets while indicating a recovery trend in overseas economies.
  21. FY2018-Q1RestatedAnnual report

    「Overall, overseas economies are recovering moderately, and this trend is expected to continue. However, concerns remain over uncertainty surrounding the future economic conditions and policies of emerging Asian economies, including China, and the effects of fluctuations in financial and capital markets.」

    The company is reiterating its concerns over uncertainty surrounding the economies and policies of emerging Asian economies such as China, and fluctuations in financial and capital markets, as risks facing overseas economies.
  22. FY2017RestatedAnnual report

    「Overall, overseas economies are recovering moderately, but uncertainty remains due to the effects of uncertainty surrounding US monetary policy and the economies and policies of emerging Asian economies, including China, as well as fluctuations in financial and capital markets.」

    The company is reiterating its concerns over overseas economic uncertainty arising from US monetary policy, the economies and policies of emerging Asian economies such as China, and fluctuations in financial and capital markets.
  23. FY2017-Q3RestatedAnnual report

    「However, uncertainty remains in overseas economies due to the effects of the normalization of US monetary policy and uncertainty surrounding economic conditions and policies in emerging Asian economies, including China.」

    The company identifies the normalization of US monetary policy and economic and policy uncertainty in emerging Asian economies, including China, as factors clouding the outlook for overseas economies.
  24. FY2017-Q2First statedAnnual report

    「Although weakness has been observed in overseas economies, the outlook remains uncertain due to concerns about economic conditions in emerging Asian economies, including China, and resource-rich countries, as well as the UK's Brexit issue.」

    Initially identifies weak overseas economies, economic risks in emerging and resource-rich countries, and Brexit as sources of uncertainty.
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No upcoming earnings preview for Hikari Tsushin yet. It last moved in the Revision of earnings forecasts of 2026-05-13: "Other".
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