Economic Impact of Uncertainty in Financial Markets
First written in FY2022-Q2. 3 of 5 entries say "Worsened", first in FY2023-Q2. Latest entry: FY2024-Q3.
Gecoss moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- 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.」
The assessment of concerns regarding financial markets and the financial environment has changed to indicate that monetary tightening in Europe and the United States is no longer merely a concern but has emerged as an actual effect that is slowing the pace of recovery. - FY2024-Q2ReframedAnnual report
「We believe that uncertainty will persist because concerns over prolonged monetary tightening in Europe and the United States, the persistence of yen depreciation, and a slowdown in the Chinese economy have not been dispelled.」
The description of concerns regarding financial markets and the financial environment has been updated from references to general financial market uncertainty and higher domestic interest rates to include prolonged monetary tightening in Europe and the United States and the persistence of yen depreciation. - FY2023-Q3WorsenedAnnual report
「The impact of rising prices and higher interest rates is also a concern in Japan, and we believe that the outlook remains uncertain.」
Concerns regarding financial markets and the financial environment have expanded from the previous general uncertainty to the specific factor of the impact of higher domestic interest rates. - FY2023-Q2WorsenedAnnual report
「Global monetary tightening, the resulting downturn in overseas economies, and the persistence of yen depreciation have been identified as risks」
The description has changed from the previous quarter’s general reference to financial market uncertainty to specific risk factors, namely global monetary tightening, a downturn in overseas economies, and the persistence of yen depreciation. - FY2022-Q2First statedAnnual report
「During the cumulative second quarter of the current fiscal year (April 2021 to September 2021), the Japanese economy continued to show signs of a gradual recovery due to the recovery of overseas economies and progress in domestic vaccinations, although concerns remained over the impact of soaring resource prices and uncertainty in financial markets.」
Financial market uncertainty has newly been identified as an external environmental risk that could hinder an economic recovery. No specific amount of impact or direct impact on the company has been disclosed.