noun
rise and fall; ups and downs; vicissitudes
A yojijukugo referring to the cyclical flourishing and decline of nations, organizations, or fortunes. Often used in historical or formal contexts.
歴史は国家の盛衰興亡を繰り返してきた。
History has repeated the rise and fall of nations.
企業の盛衰興亡は市場の変化に左右される。
The ups and downs of companies are influenced by market changes.