Domestic Economic Recovery Driven by Improved Corporate Earnings and Employment Conditions and a Pickup in Personal Consumption
First written in FY2018-Q3. 15 of 25 entries say "Restated". Latest entry: 2026-06-12.
The whole theme swung hardest in 2020: 23 of 54 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2025MitigatedAnnual report
「During the consolidated fiscal year from 1 February 2024 to 31 January 2025, the Japanese economy was gradually recovering amid improving employment and income conditions and the effects of various policies. However, uncertainty remained because downside risks to overseas economies associated with continued high interest rates in the United States and Europe and the continued stagnation of China's real estate market could weigh on the Japanese economy.」
The explanation changed from "a gradual recovery is expected" in the previous quarter to "recovering gradually," accompanied by improvements in employment and income conditions, for the full year. However, uncertainty due to downside risks to overseas economies remained. - FY2025-H1RestatedAnnual report
「During the interim consolidated fiscal period from 1 February 2024 to 31 July 2024, a gradual recovery was expected in the Japanese economy amid improving employment and income conditions and the effects of various policies. However, uncertainty remained because the impact of global monetary tightening and downside risks to overseas economies could weigh on the Japanese economy.」
While a gradual recovery was expected due to improvements in employment and income conditions and the effects of policies, uncertainty resulting from global monetary tightening and downside risks to overseas economies continued. - FY2025-Q1The wording was changed from an economic recovery to an expected recoveryAnnual report
「During the cumulative first quarter from 1 February 2024 to 30 April 2024, a gradual recovery was expected in the Japanese economy amid improving employment and income conditions and the effects of various policies. However, uncertainty remained because the impact of global monetary tightening and downside risks to overseas economies could weigh on the Japanese economy.」
The wording changed from "recovering gradually" in the previous quarter to "a gradual recovery is expected," while uncertainty resulting from global monetary tightening and downside risks to overseas economies continued. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter from 1 February 2023 to 31 October 2023, the Japanese economy was gradually recovering amid improving employment and income conditions and the effects of various policies. However, the outlook remained uncertain, as the impact of global monetary tightening and downside risks to overseas economies could weigh on the Japanese economy.」
The domestic economy continued to recover gradually as employment and income conditions improved, while uncertainty resulting from global monetary tightening and downside risks to overseas economies persisted. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter from 1 February 2023 to 31 July 2023, the Japanese economy showed signs of recovery as COVID-19 restrictions were eased. However, the outlook remained uncertain because the global tightening of monetary policy and downside risks to overseas economies could weigh on the Japanese economy.」
The domestic economic recovery resulting from the easing of COVID-19 restrictions and the uncertainty caused by global monetary tightening and downside risks to overseas economies continued from the previous quarter. - FY2024-Q1Global downside risks added while recovery continuesAnnual report
「During the cumulative first quarter from 1 February 2023 to 30 April 2023, the Japanese economy showed signs of recovery as COVID-19 restrictions were eased. However, the outlook remained uncertain because the global tightening of monetary policy and downside risks to overseas economies could weigh on the Japanese economy.」
While the domestic economy continued to recover as COVID-19 restrictions were eased, global monetary tightening and downside risks to overseas economies were newly identified as risks that could weigh on the domestic economy. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter from 1 February 2022 to 31 October 2022, the Japanese economy showed signs of recovery as the difficult conditions caused by COVID-19 gradually eased. However, the outlook remained uncertain due to soaring prices associated with the prolonged situation in Ukraine and the impact of yen depreciation.」
While the easing of the difficult economic conditions caused by the infection and signs of recovery continued, soaring prices resulting from the prolonged situation in Ukraine and yen depreciation remained sources of uncertainty. - FY2023-Q2Recovery continues, with additional external uncertainty factorsAnnual report
「During the cumulative second quarter from 1 February 2022 to 31 July 2022, the Japanese economy showed signs of recovery as the difficult conditions caused by COVID-19 gradually eased. However, the outlook remained uncertain, as resource prices rose due to the prolonged situation in Ukraine and the impact of yen depreciation.」
While the easing of the difficult economic conditions caused by the infection and signs of recovery continued, the prolonged situation in Ukraine and soaring resource prices resulting from yen depreciation were explicitly identified as new sources of uncertainty. - FY2023-Q1MitigatedAnnual report
「During the first quarter of the fiscal year under review (1 February 2022 to 30 April 2022), the Japanese economy showed signs of recovery as the severe conditions caused by the impact of COVID-19 gradually eased. However, the outlook remained uncertain, owing in part to surging resource prices resulting from escalating tensions between Russia and Ukraine.」
Signs of a recovery were reported following the difficult economic conditions caused by the spread of the infection. However, the company continued to describe the outlook as uncertain due to soaring resource prices and other factors. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter from 1 February 2021 to 31 October 2021, the Japanese economy remained in a situation where the outlook was uncertain, due to restrictions on economic activity resulting from the impact of COVID-19.」
Restrictions on economic activity caused by the infection and an uncertain outlook continued. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter from 1 February 2021 to 31 July 2021, the Japanese economy remained in a difficult situation as it continued to be significantly affected by COVID-19, including restrictions on economic activity. In addition, the timing of containing the spread of the infection remained unforeseeable, leaving the outlook uncertain.」
The explanation that the domestic economy remained in a difficult situation due to restrictions on economic activity and that the timing of containing the spread of the infection remained unforeseeable continued. - FY2022-Q1WorsenedAnnual report
「During the cumulative first quarter from 1 February 2021 to 30 April 2021, the Japanese economy remained in a difficult situation as it continued to be significantly affected by COVID-19, including restrictions on economic activity. In addition, the timing of containing the spread of the infection remained unforeseeable, leaving the outlook uncertain.」
The explanation changed from signs of a recovery in personal consumption and other areas as economic activity resumed to the domestic economy remaining in a difficult situation as restrictions on economic activity continued in the first quarter. - FY2021-Q3MitigatedAnnual report
「During the cumulative third quarter from 1 February 2020 to 31 October 2020, the Japanese economy showed signs of recovery in personal consumption and other areas as economic activity resumed, but the outlook remained uncertain because the timing of the containment of COVID-19 could not be foreseen.」
The explanation changed from the first quarter's "rapid deterioration" and "extremely difficult situation" to signs of a recovery in personal consumption and other areas as economic activity resumed. However, the timing of the containment of the infection remained unforeseeable, and the company continued to describe the outlook as uncertain. - FY2021-Q1WorsenedAnnual report
「During the cumulative first quarter from 1 February 2020 to 30 April 2020, the Japanese economy deteriorated rapidly due to the spread of COVID-19 and entered an extremely difficult situation.」
The explanation changed from a gradual recovery trend supported by improving employment and income conditions to the domestic economy deteriorating rapidly due to the spread of the infection and entering an extremely difficult situation. - FY2020RestatedAnnual report
「During the consolidated fiscal year from 1 February 2019 to 31 January 2020, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in employment and income conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in employment and income conditions. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter from 1 February 2019 to 31 October 2019, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in employment and income conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in employment and income conditions. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter from 1 February 2019 to 31 July 2019, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in employment and income conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in employment and income conditions. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter from 1 February 2019 to 30 April 2019, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in employment and income conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in employment and income conditions. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter from 1 February 2018 to 31 October 2018, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in corporate earnings and employment conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter from 1 February 2018 to 31 July 2018, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in corporate earnings and employment conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter from 1 February 2018 to 30 April 2018, the Japanese economy continued on a gradual recovery trend, supported in part by improvements in corporate earnings and employment conditions.」
The company reiterated its explanation that the domestic economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions. - FY2018RestatedAnnual report
「During the consolidated fiscal year from 1 February 2017 to 31 January 2018, the Japanese economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions and a recovery in personal consumption.」
The explanation that the domestic economy was gradually recovering as a result of improvements in corporate earnings and employment conditions and a recovery in personal consumption continued. - FY2018-Q3First statedAnnual report
「During the cumulative third quarter from 1 February 2017 to 31 October 2017, the Japanese economy continued on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions and a gradual recovery in personal consumption.」
The company explained that the domestic economy was on a gradual recovery trend, supported by improvements in corporate earnings and employment conditions and a recovery in personal consumption.