Market turmoil caused by uncertainty in overseas economies and the UK's exit from the EU

「主要国の通商対策や中東情勢の緊張の高まりによる原油価格の変動、為替相場の変動などにより、先行き不透明な状況が続いております。」

「Meanwhile, uncertainty in the international community has increased further due to soaring energy and resource prices amid an unstable international situation, progressing inflation resulting from higher labor and logistics costs, US trade policy, and the impact of foreign exchange fluctuations.」

「中東地域の緊迫化など地政学的リスクの高まりを背景に原油価格が上昇する等、エネルギーコストや物流コストへの影響が懸念され、依然として厳しい経営環境が続くものと思われます。」

「Regarding the outlook, it is expected that consumers will remain highly conscious of protecting their household finances as high prices continue, and that uncertainty surrounding the outlook will increase further amid uncertainty over US trade policy, among other factors.」

「In addition, the outlook remains uncertain due to the prolonged instability of the global situation and risks of volatility in financial and capital markets.」

「However, the challenging and uncertain outlook continues due to the weaker yen, soaring raw material and energy prices, changes in consumer sentiment caused by rising prices, changes in behavior during the COVID-19 pandemic, and prolonged difficulty in hiring.」

「On the other hand, the outlook remains uncertain due to monetary tightening resulting from global inflation, the yen's depreciation against other currencies, soaring raw material and energy prices, changes in consumer sentiment caused by rising prices, and changes in behavior during the COVID-19 pandemic.」

「During the consolidated fiscal year under review, signs emerged that Japan's social and economic activity was returning to normal, as restrictions on activities related to COVID-19 were gradually eased, human mobility recovered as people went out more frequently due in part to the government's travel support measures, and domestic activity increased. Meanwhile, concerns remained over soaring resource and energy prices resulting from the prolonged situation in Ukraine and sharp foreign exchange fluctuations caused by monetary tightening in various countries in response to inflation, and the outlook remained uncertain.」

「However, the impact of foreign exchange rates due to the yen's depreciation and the surge in energy and raw material prices resulting from the prolonged Russia-Ukraine situation are not expected to ease for the time being, and the outlook remains uncertain.」

「The outlook remains uncertain due to the impact of the yen's rapid depreciation, soaring raw material prices, and geopolitical risks related to the situation in Ukraine.」

「Although signs of recovery have emerged as requests for restraint were gradually eased from October 2021 and the number of COVID-19 cases has been trending downward as vaccination rates increased, the outlook remains uncertain due to soaring global crude oil prices, inflation caused by the weaker yen, the risk of securing goods amid overseas transportation problems, and the spread of infections caused by the Omicron variant.」

「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」

「During the consolidated fiscal year under review (1 April 2018 to 31 March 2019), the Japanese economy remained uncertain, due to concerns over international developments, including US-China trade friction and negotiations over the UK's withdrawal from the EU, as well as natural disasters such as earthquakes, torrential rain, and typhoons that occurred across Japan.」

「Meanwhile, uncertainty in overseas economies has raised concerns due to the prolonged US-China trade friction, the slowdown in the Chinese economy, and the turmoil surrounding the UK's withdrawal from the EU, among other factors, and uncertainty surrounding the economic outlook has increased further.」

「Meanwhile, uncertainty in overseas economies has raised concerns due to the prolonged US-China trade friction, the slowdown in the Chinese economy, and the turmoil surrounding the UK's withdrawal from the EU, among other factors, and uncertainty surrounding the economic outlook has increased further.」

「Meanwhile, uncertainty in overseas economies has raised concerns due to the prolonged US-China trade friction, the slowdown in the Chinese economy, and the turmoil surrounding the UK's withdrawal from the EU, among other factors, and uncertainty surrounding the economic outlook has increased further.」

「During the consolidated fiscal year under review (1 April 2018 to 31 March 2019), the Japanese economy remained uncertain, due to concerns over international developments, including US-China trade friction and negotiations over the UK's withdrawal from the EU, as well as natural disasters such as earthquakes, torrential rain, and typhoons that occurred across Japan.」

「During the third quarter of the consolidated cumulative period under review, the domestic economy continued to see improvements in corporate earnings and employment conditions, supported by a recovery in overseas economies, increased exports, and a recovery in domestic demand, and continued to recover gradually. Meanwhile, conditions were observed in which the outlook for the economy remained uncertain due to rising crude oil prices and developments under the US administration, among other factors.」

「During the second quarter of the consolidated cumulative period under review, the domestic economy continued to see improvements in corporate earnings and employment conditions, supported by a recovery in overseas economies, increased exports, and a recovery in domestic demand, and continued to recover gradually. Meanwhile, conditions were observed in which the outlook for the economy remained uncertain due to rising crude oil prices and developments under the US administration, among other factors.」

「During the first quarter of the consolidated cumulative period under review, the domestic economy continued to see improvements in corporate earnings and employment conditions, supported by a recovery in overseas economies, increased exports, and a recovery in domestic demand, and continued to recover steadily. Meanwhile, conditions were observed in which the outlook for the economy remained uncertain due to rising crude oil prices and developments under the US administration, among other factors.」

「Overseas economies have generally remained firm, and the domestic economy is also expected to continue its steady recovery, supported by increased exports and a recovery in domestic demand.」

「Meanwhile, the outlook for the economy remained uncertain due to the impact of US policy management and the political situation in Europe, among other factors, as well as rising geopolitical risks in Northeast Asia.」

「Meanwhile, the outlook for the economy remained uncertain due to the impact of US policy management and the political situation in Europe, among other factors, as well as rising geopolitical risks in Northeast Asia.」

「Meanwhile, the outlook for the economy remained uncertain due to the impact of US policy management and the political situation in Europe, among other factors, as well as rising geopolitical risks.」

「During the consolidated fiscal year under review, the domestic economy continued to recover gradually, with corporate earnings and employment conditions generally remaining firm. Meanwhile, the outlook for the economy remained uncertain due to uncertainty surrounding emerging-market economies, including China, the impact on markets following the UK's withdrawal from the EU, and the impact of policies under the new US administration on the global economy.」

「Meanwhile, share prices and foreign exchange rates fluctuated significantly due to the impact on markets of uncertainty surrounding emerging-market economies and the UK's withdrawal from the EU, as well as developments following the US presidential election, and conditions remained uncertain.」

「During the cumulative first six months of the current consolidated fiscal year, the domestic economy continued to recover moderately, with corporate earnings and the employment environment remaining firm. Meanwhile, uncertainty about the outlook continued, owing to market disruption caused by uncertainty in emerging-market economies and the UK’s withdrawal from the EU.」

「Meanwhile, conditions were unstable and affected by overseas factors, including uncertainty over economic trends in the United States and emerging economies and market disruption caused by the UK’s withdrawal from the EU.」