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Kitakei (9872) · FactRestated

Gradual Recovery in Corporate Earnings and Employment and Income Conditions

First written in FY2016-Q3. 15 of 27 entries say "Reframed", first in FY2017. Latest entry: FY2026-H1.

27entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016-Q3 – FY2017-Q3ReframedFY2021-Q2 – FY2024-Q22016: 12017: 420172018: 420182019: 420192020: 120202021: 320212022: 220222023: 420232024: 320242025: 020252026: 12026
Same theme, other companies
Gradual Recovery in the Domestic EconomyA theme 66 companies write about · 4 as a headwind · 62 as a tailwind

Kitakei moved to the "Worse" side of this theme in 2022, 2 years after the typical company in this theme (2020).

The whole theme swung hardest in 2020: 23 of 53 companies on the "Worse" side.

30 other companies' latest entry also says "Restated".

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 66 companies compared. The sentences above are computed from all 66.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「During the current interim accounting period, Japan's economy remained on a gradual recovery trend as employment and income conditions continued to improve.」

    The company continues to recognize that the economy is on a gradual recovery trend as employment and income conditions continue to improve.
  2. FY2024-Q2ReframedAnnual report

    「As economic activity moved toward normalization, the economy entered a gradual recovery trend amid a recovery in inbound demand and rising stock prices.」

    In addition to the normalization of economic activity, the company explicitly identifies the recovery in inbound demand and rising stock prices as factors supporting the economic recovery.
  3. FY2024-Q1ReframedAnnual report

    「As economic activity moved toward normalization, employment and income conditions improved and the Nikkei Stock Average rose sharply, resulting in a gradual recovery trend.」

    The company explicitly identifies the normalization of economic activity, improvements in employment and income conditions, and the sharp rise in the Nikkei Stock Average as recovery factors, and indicates that the economy was on a gradual recovery trend.
  4. FY2023ReframedAnnual report

    「As restrictions on movement were substantially eased following the transition of the novel coronavirus infection to Category 5, socioeconomic activity moved toward normalization, and personal consumption and inbound demand also showed signs of recovery.」

    The company indicates that socioeconomic activity was normalizing and personal consumption and inbound demand were showing signs of recovery against the backdrop of the transition of the infection to Category 5 and the easing of restrictions on movement.
  5. FY2023-Q3ReframedAnnual report

    「As the normalization of economic activity progressed following the transition of the novel coronavirus infection to Category 5, inbound demand recovered and personal consumption and capital investment showed signs of recovery. However, the risks of prolonged Russia's invasion of Ukraine, rising raw material and energy prices and inflation caused by the weaker yen and wage increases, and a downturn in the global economy due to global monetary tightening continuing to weigh on Japan's economy remained high, and uncertainty over the outlook persisted.」

    While indicating the normalization of the economy following the transition of the infection to Category 5, a recovery in inbound demand, and a recovery in personal consumption and capital investment, the company also cites downside risks from inflation and global monetary tightening.
  6. FY2023-Q2ReframedAnnual report

    「With the transition of the novel coronavirus infection to Category 5, socioeconomic activity moved toward normalization, and the economy began to recover gradually.」

    The description of the recovery factors has been updated from a recovery supported by the parallel pursuit of infection-control measures and economic activity to the normalization of socioeconomic activity and a gradual recovery in the economy against the backdrop of the transition to Category 5.
  7. FY2023-Q1ReframedAnnual report

    「Although the economy showed signs of a gradual recovery as measures to control the novel coronavirus infection were implemented alongside economic activity,」

    While recognizing a gradual recovery resulting from the parallel pursuit of infection-control measures and economic activity, the company also cites higher prices due to soaring commodity prices and the weaker yen.
  8. FY2022ReframedAnnual report

    「Restrictions on socioeconomic activity eased as measures to prevent the spread of the novel coronavirus infection were implemented and vaccinations became widespread, and activity began to move toward normalization.」

    The company indicates that restrictions on socioeconomic activity eased through infection-control measures and vaccinations, and that activity began moving toward normalization.
  9. FY2022-Q3ReframedAnnual report

    「Although the impact of the novel coronavirus infection continued, the economy was being supported by the gradual easing of restrictions on movement and other measures aimed at restarting socioeconomic activity, together with the rollout of vaccinations and other policies.」

    The company indicates that, although the impact of the infection continued, the resumption of socioeconomic activity and economic recovery were being supported by vaccinations, various policies and the gradual easing of restrictions on movement.
  10. FY2021ReframedAnnual report

    「In early autumn, as vaccination of the public progressed, infection rates also began to improve and economic activity began to pick up following the lifting of the state of emergency and other measures. However, the situation remains unpredictable, with a new, highly transmissible variant strain recently identified.」

    While recognizing that economic activity was picking up as vaccinations progressed and the state of emergency was lifted, the company has organized its view around the continued unpredictability caused by new variant strains.
  11. FY2021-Q3ReframedAnnual report

    「Although economic activity remained constrained amid the continuing spread of COVID-19, recovery is expected going forward due to progress in vaccinations and the effects of various policies. However, the outlook remains uncertain, as the end of the pandemic is still not in sight due in part to the impact of highly infectious variants.」

    While indicating expectations for a future recovery driven by vaccinations and policy measures, the company has shifted to a view that also cites continued restrictions on economic activity and uncertainty over the outlook for containment due to variant strains.
  12. FY2021-Q2ReframedAnnual report

    「As COVID-19 continued and spread again, economic activity was significantly constrained, with a third state of emergency declared in some regions. Although there were positive signs, including the start of vaccinations for older people, the end of the pandemic remained unforeseeable and the outlook remained uncertain.」

    While citing vaccination as a positive sign amid significant restrictions on economic activity, the company has shifted from its previous recognition of a limited recovery trend to one that cites both the renewed spread of the infection and signs of recovery.
  13. FY2021-Q1Limited reappearance of a recovery trendAnnual report

    「Although the economy had temporarily been on a gradual recovery path, the rapid spread of the novel coronavirus infection since the end of last year had a significant impact on personal consumption and economic activity, and the outlook remained uncertain as the timing of containment remained unforeseeable.」

    The economic assessment that the economy was "temporarily on a gradual recovery trend," which had not been explicitly mentioned previously, reappeared to a limited extent, while the filing also notes the rapid spread of the novel coronavirus infection and uncertainty over the outlook.
  14. FY2020-Q1DroppedAnnual report

    「Personal consumption remained somewhat weak recently, partly due to the impact of the consumption tax increase. In addition to rising uncertainty in domestic and overseas economies due to factors such as US-China trade friction, concerns include the impact of the spread of the novel coronavirus infection, and the outlook remains uncertain.」

    The improvements in corporate earnings and employment and income conditions and the gradual recovery trend in the economy, which had been noted previously, are not explicitly mentioned in this filing, which focuses on weakness in personal consumption and uncertainty.
  15. FY2019-Q3ReframedAnnual report

    「Although the economy remained on a gradual recovery trend against the backdrop of improving employment and income conditions and steady corporate earnings」

    In addition to improvements in employment and income conditions, the company describes corporate earnings as "remaining steady" and continues to indicate a gradual recovery trend in the economy.
  16. FY2019-Q2RestatedAnnual report

    「Although employment and income conditions and corporate earnings continued to improve, and the economy remained on a gradual recovery trend」

    The company continues to describe improvements in employment and income conditions and corporate earnings, and a gradual recovery trend in the economy.
  17. FY2019-Q1ReframedAnnual report

    「Although the economy remained on a gradual recovery trend, supported by the effects of the government's economic policies, including improvements in employment and income conditions, corporate earnings and increased capital investment」

    In addition to the previously noted improvements in employment and income conditions and corporate earnings, the company explicitly identifies increased capital investment as a factor supporting the recovery.
  18. FY2018RestatedAnnual report

    「Although employment and income conditions and corporate earnings continued to improve, and the economy remained on a gradual recovery trend」

    The company continues to describe improvements in employment and income conditions and corporate earnings, and a gradual recovery trend in the economy.
  19. FY2018-Q3RestatedAnnual report

    「Although, during the cumulative third quarter of the current consolidated fiscal year (21 November 2017 to 20 August 2018), Japan's economy continued to see improvements in employment and income conditions and corporate earnings, and the economy remained on a gradual recovery trend」

    The company continues to describe improvements in employment and income conditions and corporate earnings, and a gradual recovery trend in the economy.
  20. FY2018-Q2ReframedAnnual report

    「During the first half of the fiscal year ended 20 May 2018 (21 November 2017 to 20 May 2018), the Japanese economy continued to recover gradually as employment and income conditions improved, supported by a recovering overseas economy, solid corporate earnings and the effects of various economic policies.」

    The company continues to indicate improvements in corporate earnings, employment and income conditions, and a gradual recovery trend in the economy, while newly identifying a recovery in overseas economies as a backdrop.
  21. FY2018-Q1RestatedAnnual report

    「Although the economy remained on a gradual recovery trend as corporate earnings, employment conditions and income conditions continued to improve」

    The company continues to indicate improvements in corporate earnings, employment conditions and income conditions, and a gradual recovery trend in the economy.
  22. FY2017ReframedAnnual report

    「Although the economy remained on a gradual recovery trend, with corporate earnings and other areas continuing to improve on the back of the government's economic policies and accommodative financial conditions, and personal consumption gaining strength on the back of steady improvements in employment and income conditions」

    The company continues to note improvements in corporate earnings and other areas and a gradual recovery trend in the economy, while describing personal consumption as "gaining strength."
  23. FY2017-Q3RestatedAnnual report

    「During the first nine months of the fiscal year ended 20 August 2017 (21 November 2016 to 20 August 2017), the Japanese economy continued to recover gradually as corporate earnings and employment and income conditions improved, supported by accommodative financial conditions and government economic measures, despite an unstable international situation marked by a sense of impasse in the US administration's policy management and heightened geopolitical risks in East Asia.」

    The company continues to indicate improvements in corporate earnings and employment and income conditions, and a gradual recovery trend in the economy, against the backdrop of financial conditions and the government's economic measures.
  24. FY2017-Q2RestatedAnnual report

    「Although, during the cumulative second quarter of the current consolidated fiscal year (21 November 2016 to 20 May 2017), Japan's economy continued to see improvements in corporate earnings and employment and income conditions against the backdrop of accommodative financial conditions and the government's economic measures, and the economy remained on a gradual recovery trend」

    The company continues to indicate improvements in corporate earnings and employment and income conditions, and a gradual recovery trend in the economy, against the backdrop of financial conditions and the government's economic measures.
  25. FY2017-Q1RestatedAnnual report

    「Although, during the cumulative first quarter of the current consolidated fiscal year (21 November 2016 to 20 February 2017), Japan's economy continued to see improvements in corporate earnings and employment and income conditions, and the economy remained on a gradual recovery trend」

    The company continues to recognize that corporate earnings and employment and income conditions are continuing to improve.
  26. FY2016RestatedAnnual report

    「Although corporate earnings and employment conditions showed signs of a gradual recovery against the backdrop of various economic policies」

    The company continues to recognize a gradual recovery in corporate earnings and employment conditions against the backdrop of economic policies.
  27. FY2016-Q3First statedAnnual report

    「Although corporate earnings and employment and income conditions continued to recover moderately,」

    The company indicates that corporate earnings and employment and income conditions are gradually recovering against the backdrop of the government's economic policies.
Moved together

"Decrease in Liabilities" moved the same way as this thread, in the same document, in 15 of its 27 moves.

151414131110★123456
  1. ★This thread
  2. 1Decrease in Liabilities15×
  3. 2Uncertainty over the outlook due to falling resource prices, slowing growth in emerging markets, a stronger yen and lower stock prices14×
  4. 3Decline in Assets and Movements in Cash and Trade Receivables14×
  5. 4Equity Ratio: 45.5%13×
  6. 5Increase in Net Assets Driven by Higher Retained Earnings11×
  7. 6Housing Market Recovery Against the Backdrop of Low Interest Rates and Home Purchase Support Measures10×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Gradual Recovery in Corporate Earnings and Employment and Income Conditions | KITAKEI CO.,LTD. (9872) | Komori