Risk of U.S. Developments Affecting Domestic Economic Conditions
First written in FY2017-Q3. 5 of 14 entries say "Restated". Latest entry: FY2021.
Sugimoto & moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2022: 14 of 18 companies on the "Worse" side.
8 other companies' latest entry also says "Dropped".
- FY2021DroppedAnnual reportThis securities report does not expressly identify U.S. developments as an independent risk affecting domestic economic conditions.
- FY2020WorsenedAnnual report
「In the second year of the medium-term management plan, “Sincerity to 100,” the consolidated fiscal year was affected by factors including the slowdown in the Chinese economy resulting from prolonged U.S.-China trade friction, weak demand related to automobiles and semiconductors, and the consumption tax rate increase. As manufacturing companies postponed capital investment and production activity remained sluggish, the company was forced to revise its earnings forecast downward on 25 October 2019.」
The disclosure states that overseas political and economic developments, including those in the United States and China, led to a slowdown in the Chinese economy, weak demand, postponed capital investment and a downward revision to the earnings forecast. - FY2020-Q3WorsenedAnnual report
「Manufacturing companies' business performance has remained weak, against a backdrop of weak external demand due to domestic labor shortages, higher resource and raw material costs, escalating trade friction between the United States and China, heightened tensions in the Middle East and other uncertainties in overseas political and economic developments.」
The disclosure states that uncertainty in overseas developments, including escalating U.S.-China trade friction and heightened tensions in the Middle East, has contributed to weak manufacturing performance through weaker external demand. - FY2020-Q2WorsenedAnnual report
「Manufacturing companies' business performance has remained weak, against a backdrop of weak external demand due to domestic labor shortages, higher resource and raw material costs, escalating trade friction between the United States and China, heightened tensions in the Middle East and other uncertainties in overseas political and economic developments.」
The disclosure states that escalating U.S.-China trade friction and heightened tensions in the Middle East have contributed to weak manufacturing performance through weaker external demand, making the risks to domestic economic conditions from overseas developments more concrete. - FY2020-Q1WorsenedAnnual report
「In addition to domestic labor shortages and higher resource and raw material costs, uncertainty over overseas political and economic developments, including escalating trade friction between the United States and China and heightened tensions in the Middle East, including Iran, emerged as a major risk factor.」
Regarding overseas developments, including those in the United States and China, escalating U.S.-China trade friction and heightened tensions in the Middle East are expressly identified as major risk factors for the outlook for domestic economic conditions. - FY2019-Q3ReframedAnnual report
「Although domestic labor shortages, higher resource and raw material costs, volatility in equity and foreign exchange markets reflecting uncertainty over overseas political and economic developments, including trade friction between the United States and China, and the potential slump in domestic consumption following the consumption tax increase scheduled for October present domestic and overseas risks to the outlook, economic conditions are expected to remain on a recovery trend for the time being.」
In addition to the previous description of overseas economies, including the United States, as a factor supporting the recovery of domestic economic conditions, the wording now characterizes overseas political and economic developments, including those in the United States and China, as an uncertain factor that could lead to volatility in equity and foreign exchange markets. - FY2019-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy saw strong growth in domestic private demand, including capital investment, residential investment and personal consumption, in addition to a recovery in exports and production against a backdrop of robust global economic conditions, including those in the United States and China.」
Developments in the global economy, including the United States and China, continue to be described as a factor supporting the recovery of domestic economic conditions. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy saw strong growth in domestic private demand, including capital investment, residential investment and personal consumption, in addition to a recovery in exports and production against a backdrop of robust global economic conditions, including those in the United States and China.」
The global economy, including the United States and China, continues to be described as a factor supporting the recovery and expansion of domestic economic conditions. - FY2018ReframedAnnual report
「Overseas, although there were unstable factors in the outlook, including periods when the yen began to appreciate due to US interest-rate policy and concerns over trade friction between the United States and China and elsewhere, major trading partners in Asia remained strong over the long term as stable exchange rates persisted, and overall exports remained strong.」
The impact of the United States is described not as a factor affecting domestic economic conditions overall, but as a source of instability in overseas operations through foreign exchange and trade friction. - FY2018-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, Japan's economy saw strong growth in domestic private demand, including capital investment, residential investment and personal consumption, in addition to a recovery in exports and production against a backdrop of robust global economic conditions, including those in the United States and China, and a weaker yen.」
The global economy, including the United States, continues to be described as a factor supporting the recovery and expansion of domestic economic conditions. - FY2018-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, Japan's economy entered a phase of expansion supported by improvements in corporate earnings and domestic production, mainly reflecting a substantial increase in manufacturing profits. This was in addition to the recovery in exports and production against a backdrop of robust overseas economies, including the United States, and a weaker yen, while domestic private demand in capital investment, residential investment and personal consumption also showed strong growth.」
Overseas economies, including the United States, continue to be described as factors supporting the recovery and expansion of domestic economic conditions. There has been no substantive change from the previous quarter in describing the impact of the United States as a factor supporting the economic recovery. - FY2018-Q1ReframedAnnual report
「During the first quarter of the current consolidated cumulative period, Japan's economy remained on a gradual recovery path, led by a strong corporate sector supported by a recovery in exports and production, against a backdrop of robust overseas economies, including the United States, and a weaker yen.」
Whereas previous disclosures described U.S. developments as an uncertain factor affecting domestic economic conditions, this disclosure describes robust overseas economies, including the United States, as a factor supporting the recovery of domestic economic conditions. - FY2017RestatedAnnual report
「Going forward, U.S. developments are expected to have a significant impact on domestic economic conditions.」
U.S. developments continue to be identified as an external factor influencing the outlook for domestic economic conditions. - FY2017-Q3First statedAnnual report
「Going forward, U.S. developments are expected to have a significant impact on domestic economic conditions.」
U.S. developments are expressly identified as a factor influencing the outlook for domestic economic conditions.