Uncertainty in Overseas Economies, Foreign Exchange and Stock Markets
First written in FY2017-Q1. 15 of 37 entries say "Reframed", first in FY2017-Q2. Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
- FY2027-H1ReframedAnnual report
「However, prices continue to rise due to the ongoing depreciation of the yen and the worsening situation in Iran, among other factors, and concerns about sluggish personal consumption persist, leaving the outlook uncertain.」
In addition to the previously cited US tariff policies, the Chinese economy, and the situations in Ukraine and the Middle East, the company identifies worsening conditions in Iran, continued inflation and sluggish growth in personal consumption as factors contributing to an uncertain outlook. - FY2026-H1ReframedAnnual report
「Meanwhile, the outlook remains uncertain due to concerns about U.S. tariff policy, the outlook for the Chinese economy and a slowdown in personal consumption caused by continued price increases, among other factors.」
In addition to the uncertainty surrounding the previous U.S. administration and international conditions, it identifies U.S. tariff policy, the outlook for the Chinese economy and a slowdown in personal consumption due to rising prices as sources of uncertainty. - FY2025WorsenedAnnual report
「However, amid yen depreciation, rising prices caused by soaring resource prices, and unstable international conditions including the situations in the Middle East and Ukraine, the second Trump administration was inaugurated in the United States in January 2025, and the outlook has become even more uncertain due to uncertainty surrounding that administration, among other factors.」
In addition to the existing issues of yen depreciation, resource prices, the Middle East and Ukraine, it cites the inauguration of the second Trump administration in the United States and uncertainty over its policies, stating that the outlook is "even more uncertain." - FY2025-H1RestatedAnnual report
「However, the outlook remains uncertain due to rising prices caused by yen depreciation and soaring global resource prices, as well as worsening conditions in the Middle East and the prolonged situation in Ukraine, among other factors.」
It continues to identify yen depreciation, rising prices caused by soaring resource prices, worsening conditions in the Middle East and the prolonged situation in Ukraine as sources of uncertainty over the economic outlook. - FY2025-Q1RestatedAnnual report
「However, the outlook remains uncertain due to rising prices caused by yen depreciation and soaring global resource prices, as well as worsening conditions in the Middle East and the prolonged situation in Ukraine, among other factors.」
It continues to identify yen depreciation, rising prices caused by soaring resource prices, worsening conditions in the Middle East and the prolonged situation in Ukraine as sources of uncertainty over the economic outlook. - FY2024-Q3WorsenedAnnual report
「The outlook remains uncertain due to the prolonged situation in Ukraine, worsening conditions in the Middle East and rising energy and raw material prices caused by yen depreciation, among other factors.」
In addition to the existing situation in Ukraine, yen depreciation and rising energy and raw material prices, it identifies worsening conditions in the Middle East as a new source of uncertainty. - FY2024-Q2ReframedAnnual report
「During the first 2 quarters of the fiscal year, Japan's economy progressed toward normalization of socioeconomic activity as restrictions related to COVID-19 were eased. Meanwhile, various prices, including energy and raw material prices, have risen due to the prolonged situation in Ukraine and yen depreciation caused by global monetary tightening, among other factors, and the outlook remains uncertain.」
While indicating the normalization of socioeconomic activity, it identifies the prolonged situation in Ukraine and yen depreciation and rising prices driven by global monetary tightening, among other factors, as sources of uncertainty over the outlook. - FY2024-Q1RestatedAnnual report
「Various prices, including energy and raw material prices, have risen against the backdrop of sharp exchange-rate fluctuations and the situation in Ukraine, among other factors, raising concerns about the impact on corporate earnings.」
Concerns about the impact on corporate earnings from exchange-rate fluctuations, the situation in Ukraine and rising prices, including energy and raw material prices, continue. - FY2023-Q3RestatedAnnual report
「There is still no sign that the infectious disease outbreak is subsiding. In addition, raw material and energy prices continue to rise against the backdrop of the persistently unstable situation in Ukraine and economic conditions characterized by yen depreciation, leaving the outlook uncertain.」
It continues to describe uncertainty over the outlook due to rising raw material and energy prices against the backdrop of the infectious disease, the situation in Ukraine and the trend toward yen depreciation. - FY2023-Q2WorsenedAnnual report
「However, the seventh wave of infections has recently caused a major outbreak, while raw material and energy prices have continued to rise amid the uncertain situation in Ukraine and the sharp depreciation of the yen, leaving the outlook uncertain.」
The seventh wave of infections, the situation in Ukraine, the sharp depreciation of the yen, and rising raw material and energy prices have been added and specified as factors contributing to uncertainty over the outlook. - FY2023-Q1WorsenedAnnual report
「The yen has weakened sharply and resource prices have risen rapidly against the backdrop of the widening interest-rate differential between Japan and the United States and the situation in Ukraine, among other factors, raising concerns about the impact on corporate earnings.」
In addition to the existing uncertainty surrounding infectious diseases and overseas economies, it describes the sharp yen depreciation and resource price increases driven by the Japan-U.S. interest-rate differential and the situation in Ukraine, as well as concerns about their impact on corporate earnings. - FY2022RestatedAnnual report
「As vaccination rates are expected to rise further, restrictions on activity are expected to be eased and economic activity to recover, but the outlook remains uncertain.」
It continues to indicate expectations for vaccinations and an economic recovery, while stating that uncertainty over the outlook will persist. - FY2022-Q3ReframedAnnual report
「Although vaccination progressed and there were signs of a return to normal economic activity, including the lifting of the state of emergency in all prefectures on 30 September, uncertainty about the outlook continues, with concerns about the spread of infections from new variants.」
While indicating moves toward the normalization of economic activity and the lifting of states of emergency, it identifies concerns about the spread of a new variant virus as an additional source of uncertainty. - FY2022-Q2RestatedAnnual report
「During the first 2 quarters of the fiscal year, Japan's economy remained in an extremely challenging state due to the impact of the spread of COVID-19. Although a recovery is expected as vaccinations progress, the outlook remains uncertain as the original strain is being replaced by variants and states of emergency and priority preventive measures are being implemented in various regions.」
Uncertainty over the economic outlook continues amid the spread of the infection, the shift to variants and states of emergency, among other factors. - FY2022-Q1WorsenedAnnual report
「During the first quarter of the fiscal year, Japan's economy remained in a challenging state, with no clear prospect of the pandemic subsiding, including the reissuance of a state of emergency in some regions due to the spread of COVID-19. Although there were also positive developments, such as the start of vaccinations and signs of a recovery in some economic activity, the outlook remains uncertain.」
It describes the reissuance of a state of emergency in some regions and the lack of a clear prospect of the infection subsiding, despite the expectations for vaccinations and the resumption of economic activity expressed in the previous fiscal year. - FY2021RestatedAnnual report
「Looking ahead, although there have been signs of a partial resumption of economic activity and the spread of the infection is expected to subside following the start of vaccinations, the outlook remains uncertain.」
It indicates expectations for the resumption of economic activity and vaccinations, while stating that uncertainty over the outlook will continue. - FY2021-Q3RestatedAnnual report
「During the first 3 quarters of the fiscal year, Japan's economy remained in an extremely challenging state, as the spread of COVID-19 placed significant constraints on economic activity. Although there have been signs of a resumption of economic activity, further spread of the infection is a concern at present, and the outlook remains uncertain.」
It continues to describe constraints on economic activity caused by the spread of COVID-19 and uncertainty over the outlook, including concerns about further spread of the infection. - FY2021-Q2WorsenedAnnual report
「Economic activity deteriorated rapidly and remained in an extremely challenging state due to requests from the national and local governments to refrain from going out in response to the spread of COVID-19, as well as requests for companies to reduce operating hours or suspend operations.」
It states that economic activity deteriorated rapidly due to requests to refrain from going out, reduce operating hours and suspend operations in response to the spread of COVID-19, and that the specific impact of the uncertain outlook and challenging economic environment is expanding. - FY2021-Q1WorsenedAnnual report
「Although the state of emergency has been lifted at this point, concerns remain about a second and third wave of infections, and conditions remain uncertain.」
Concern about a second and third wave of infections following the spread of the novel coronavirus is explicitly identified as a factor contributing to the uncertain economic outlook. - FY2020ReframedAnnual report
「However, concerns remain about the effects on domestic and overseas economies of natural disasters occurring in various regions, trade friction between the United States and China, and the spread of the novel coronavirus, and the outlook remains uncertain.」
In addition to the previously cited trade issues and natural disasters, the spread of the novel coronavirus is identified as a factor contributing to uncertainty in domestic and overseas economies. - FY2020-Q3RestatedAnnual report
「However, concerns remain about the effects on the economy of natural disasters occurring in various regions, developments in trade issues centered on the United States, and the consumption tax increase, and the outlook remains uncertain.」
The effects on the economy of natural disasters, trade issues centered on the United States, and the consumption tax increase continue to be identified as factors contributing to the uncertain outlook. - FY2020-Q2ReframedAnnual report
「However, concerns remain about the effects on the economy of natural disasters occurring in various regions, developments in trade issues centered on the United States, and the consumption tax increase from October, and the outlook remains uncertain.」
Uncertainty about the economic outlook continues, with the current factors organized as natural disasters in various regions, trade issues centered on the United States, and the consumption tax increase from October. - FY2020-Q1ReframedAnnual report
「During the cumulative first-quarter period, Japan's economy continued to recover gradually in terms of employment and income conditions, but remained in an unclear outlook due to concerns about uncertain economic conditions, including trade friction between the United States and China and the United Kingdom's withdrawal from the EU.」
Uncertainty about the outlook continues, with the current factors organized as trade friction between the United States and China and the United Kingdom's withdrawal from the EU. - FY2019RestatedAnnual report
「However, concerns remain about the effects on the economy of natural disasters occurring in various regions and trade friction centered on the United States, and the outlook remains uncertain.」
The effects on the economy of natural disasters and trade-friction issues centered on the United States continue to be identified as factors contributing to the uncertain outlook. - FY2019-Q3RestatedAnnual report
「However, concerns remain about the effects on the economy of natural disasters occurring in various regions and trade friction centered on the United States, and the outlook remains uncertain.」
The effects on the economy of natural disasters and trade and trade-friction issues centered on the United States continue to be identified as factors contributing to the uncertain outlook. - FY2019-Q2ReframedAnnual report
「However, concerns remain about the effects on the economy of natural disasters occurring in various regions and developments in trade issues centered on the United States, and the outlook remains uncertain.」
Uncertainty about the outlook continues, with the current factors organized as natural disasters in various regions and the economic effects of trade issues centered on the United States. - FY2019-Q1ReframedAnnual report
「During the cumulative first-quarter period, Japan's economy continued to recover gradually in terms of employment and income conditions, but the outlook remained uncertain due to concerns including policy developments under the U.S. administration and geopolitical risks on the Korean Peninsula and in the Middle East.」
Uncertainty about the outlook continues, with the factors organized as policy developments under the U.S. administration and geopolitical risks on the Korean Peninsula and in the Middle East. - FY2018ReframedAnnual report
「Meanwhile, overseas, the economic outlook remains uncertain due to concerns about U.S. monetary policy, political conditions in Europe, and geopolitical risks.」
The factors contributing to uncertainty in the overseas economy are organized as U.S. monetary policy, political conditions in Europe, and geopolitical risks. - FY2018-Q3ReframedAnnual report
「During the cumulative third-quarter period, Japan's economy continued to recover gradually against the backdrop of improving corporate earnings and employment conditions. Meanwhile, although personal consumption was also on a recovery trend, it remained weak as cost-consciousness became entrenched, and the outlook remained uncertain due to additional uncertainties concerning overseas political and economic conditions and national security.」
Uncertainty about the outlook continues, with the factors organized as entrenched cost-consciousness in personal consumption and uncertainties concerning overseas political, economic and national security conditions. - FY2018-Q2ReframedAnnual report
「During the cumulative second-quarter period, Japan's economy remained in an unclear outlook. Although domestic employment and income conditions were gradually improving against the backdrop of the government's economic and monetary policies, downside risks to the economy remained due to slower growth in emerging markets, instability in the Middle East and on the Korean Peninsula, and policy developments in Europe and the United States.」
Uncertainty about the outlook continues, but the factors have been reorganized as slower growth in emerging markets, conditions in the Middle East and on the Korean Peninsula, and downside risks to the economy arising from policy developments in Europe and the United States. - FY2018-Q1WorsenedAnnual report
「During the cumulative first-quarter period, Japan's economy was gradually recovering against the backdrop of the government's economic and monetary policies, but remained unstable due to political developments in EU countries and the policy direction of the new U.S. president, among other factors, and uncertainty about the outlook for the global economy persisted. In the home improvement retail industry, the outlook for personal consumption became increasingly uncertain due to consumers' cost-consciousness,」
The company states that uncertainty about the global economy and U.S. policies continues, while the outlook for personal consumption has become increasingly uncertain due to consumers' cost-consciousness. - FY2017RestatedAnnual report
「Meanwhile, concerns about the effects on the domestic economy of the slowdown in China's economy, the United Kingdom's withdrawal from the EU, and policies of the new U.S. administration have not been dispelled. Although personal consumption has shown signs of recovery in some areas, it remains weak, and the economic outlook continues to be uncertain.」
China's economy, the United Kingdom's withdrawal from the EU, policies of the new U.S. administration, and weak personal consumption continue to be identified as factors contributing to the uncertain economic outlook. - FY2017-Q3WorsenedAnnual report
「Overseas, concerns about the United Kingdom's withdrawal from the EU and the direction of U.S. policy following the presidential election have increased, making the outlook even more uncertain.」
The company states that concerns about the United Kingdom's withdrawal from the EU and the direction of U.S. policy have increased, making the outlook even more uncertain. - FY2017-Q2ReframedAnnual report
「During the cumulative second-quarter period, Japan's economy remained in an unclear outlook, although domestic employment and income conditions were gradually improving, because the appreciation of the yen was putting pressure on the earnings of many listed companies and the effects of the government's various economic policies and the Bank of Japan's negative interest rate policy remained limited.」
The factors contributing to uncertainty have been reorganized from a focus on overseas economies, foreign exchange and equity markets to domestic employment and income, yen appreciation, and the effects of economic policies and the negative interest rate policy. - FY2017-Q1First statedAnnual report
「Meanwhile, uncertainty about a slowdown in overseas economies and unstable movements in foreign exchange and equity markets continue to create an unclear outlook.」
Concern about a slowdown in overseas economies and instability in foreign exchange and equity markets are identified as factors contributing to the unclear outlook.