Risk of an economic downturn due to uncertainty surrounding China’s economy
First written in FY2018-Q1. 7 of 13 entries say "Restated". Latest entry: FY2024-Q3.
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
- FY2024-Q3WorsenedAnnual report
「During the nine-month period of the consolidated fiscal year ended December 2023 (April 2023 to December 2023), the Japanese economy continued on a gradual recovery path, but the pace of recovery was expected to remain slow due to the effects of monetary tightening in Europe and the US becoming apparent and the impact of the slowdown in the Chinese economy.」
Recognition of the Chinese economy has progressed from concern about a slowdown to recognition that the impact of the slowdown is slowing the pace of recovery. - FY2024-Q2RestatedAnnual report
「During the six-month period of the consolidated fiscal year ended September 2023 (April 2023 to September 2023), the Japanese economy remained on a gradual recovery path, but uncertainty about the outlook was expected to continue due to concerns about prolonged monetary tightening in Europe and the US, the sustained depreciation of the yen and a slowdown in the Chinese economy.」
Concerns about a slowdown in the Chinese economy continue to contribute to uncertainty about the economic outlook, alongside prolonged monetary tightening in Europe and the US and the sustained depreciation of the yen. - FY2024-Q1RestatedAnnual report
「During the three-month period of the consolidated fiscal year ended June 2023 (April 2023 to June 2023), the Japanese economy appeared to be on a gradual recovery path as economic and social activity normalized. However, uncertainty about the outlook had not been dispelled due to persistently high prices and concerns about a slowdown in the Chinese economy.」
Concerns about a slowdown in the Chinese economy have been reconfirmed as a factor contributing to uncertainty about the economic outlook. - FY2020-Q3RestatedAnnual report
「During the nine-month period of the consolidated fiscal year ended December 2019 (April 2019 to December 2019), the Japanese economy continued to be supported by firm domestic demand despite weakening external demand due to concerns about the course of US-China trade negotiations. Although the consumption-tax increase had a temporary impact, the economy appeared to remain on a gradual recovery path.」
The recognition that external demand, including demand from China, remains weak while firm domestic demand supports the economy has been reconfirmed. - FY2020-Q2MaterialisedAnnual report
「During the six-month period of the consolidated fiscal year ended September 2019 (April 2019 to September 2019), the Japanese economy continued to be supported by firm domestic demand despite weakening external demand, particularly from China, amid uncertainty over the course of US-China trade negotiations. Although consumption temporarily declined following the consumption-tax increase, the economy appeared likely to continue its gradual recovery.」
Weak external demand, particularly from China, was disclosed as an actual economic condition. As domestic demand is supporting the economy, a gradual overall recovery is expected to continue. - FY2020-Q1RestatedAnnual report
「During the three-month period of the consolidated fiscal year ended June 2019 (April 2019 to June 2019), the Japanese economy remained on a gradual recovery path led by domestic demand, but external demand continued to weaken amid ongoing uncertainty about the outlook for the Chinese economy.」
The continuing uncertainty about the outlook for the Chinese economy and the resulting weakness in external demand have been reconfirmed. - FY2019WorsenedAnnual report
「During the consolidated fiscal year (the company’s 52nd fiscal year), the Japanese economy remained on a gradual recovery path, but signs of stagnation emerged recently due in part to the slowdown in the Chinese economy. With external demand weakening, domestic demand continued to support the economy.」
The slowdown and uncertainty surrounding the Chinese economy have been incorporated into the assessment of actual conditions as factors that could cause an economic downturn and contribute to stagnation in the domestic economy. - FY2019-Q3WorsenedAnnual report
「During the nine-month period of the consolidated fiscal year ended December 2018 (April 2018 to December 2018), the Japanese economy appeared to remain on a gradual recovery path. However, uncertainty about the economic outlook has intensified, triggered by US-China trade friction, and concerns also remain about downside risks going forward.」
The wording changed from the previous reference to uncertainty surrounding the Chinese economy to heightened uncertainty about the economic outlook triggered by US-China trade friction. - FY2019-Q2RestatedAnnual report
「However, concerns also remain about downside risks arising from protectionist US trade policy and an escalation of trade friction with China.」
The downside risk to the economy arising from escalating trade friction with China continues to be disclosed. - FY2019-Q1ReframedAnnual report
「However, concerns also remain about downside risks arising from protectionist US trade policy and an escalation of trade friction with China.」
The wording changed from the previous reference to uncertainty surrounding the Chinese economy to explicitly identifying escalating trade friction with China as a factor behind a downturn in the economy. - FY2018-Q3RestatedAnnual report
「Although concerns remain about downside risks arising from US policy developments, uncertainty surrounding the Chinese economy and escalating tensions on the Korean Peninsula, both domestic and external demand are expected to remain firm going forward.」
The downside risk to the economy arising from uncertainty surrounding the Chinese economy continues to be disclosed. - FY2018-Q2RestatedAnnual report
「During the six-month period of the consolidated fiscal year ended September 2017 (April 2017 to September 2017), the Japanese economy appeared to be continuing on a gradual recovery path, supported by firm domestic and external demand. However, concerns also remained about downside risks arising from US policy developments, uncertainty surrounding the Chinese economy and escalating tensions on the Korean Peninsula.」
The downside risk to the economy arising from uncertainty surrounding the Chinese economy continues to be disclosed. - FY2018-Q1First statedAnnual report
「However, concerns also remain about downside risks arising from US policy developments and uncertainty surrounding the Chinese economy.」
Uncertainty surrounding the Chinese economy has been newly identified as an external-environment risk that could cause an economic downturn going forward.