Renewal Risk for Designated Management and Accommodation Facility Operating Contracts
First written in FY2024. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 6 of 28 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Because these are fixed-term contracts, they must be renewed. If renewal becomes impossible for any reason, or if the designated manager withdraws because the management period is not continued...」
The risks of non-renewal and withdrawal under designated-management and accommodation contracts continue to be disclosed. - FY2025-H1RestatedAnnual report
「During the interim accounting period, no new business risks arose. There were also no material changes to the business risks described in the securities report for the previous fiscal year.」
The company explicitly states that there were no material changes to the risk of non-renewal of designated-management and accommodation contracts. - FY2024First statedAnnual report
「Because these are fixed-term contracts, they must be renewed. If renewal becomes impossible for any reason, or if the designated-management system is abolished by a local government or the designated manager withdraws because the management period is not continued, our financial condition and operating results may be affected because we may fail to achieve our expected earnings plan.」
For accommodation facilities in public facilities, the company identifies the risks of non-renewal of designated-management or operating contracts and withdrawal by the designated manager.