Komori
Gokurakuyu Holdings (2340) · RiskMitigated

Guarantee of rent obligations for a Wuhan franchisee's store

First written in FY2021-Q2. 7 of 13 entries say "Worsened", first in FY2022-Q1. Latest entry: FY2024-Q3.

13entries
5years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2021-Q3WorsenedFY2022-Q3 – FY2023-Q2MitigatedFY2023-Q3 – FY2023WorsenedFY2024-Q1 – FY2024-Q22020: 120202021: 320212022: 420222023: 420232024: 1
Same theme, other companies
Guarantees of franchisees’ trade payables and other obligationsA theme 4 companies write about · 4 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3MitigatedAnnual report

    「極楽湯(武漢)沐浴有限公司, formerly a consolidated subsidiary of the Company, had provided a guarantee of obligations to the franchisee. However, because the Company excluded 極楽湯(武漢)沐浴有限公司 from the scope of consolidation during the third quarter, there was no guarantee of obligations to the franchisee at the end of the third quarter.」

    It was disclosed that, following the exclusion of the Chinese subsidiary from consolidation, no guarantee of rent equivalent remained for the Wuhan franchisee at the end of the third quarter.
  2. FY2024-Q2WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,524,046 ¥1,572,849 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,524,046 thousand at the end of March 2023 to ¥1,572,849 thousand at the end of September 2023.
  3. FY2024-Q1WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,524,046 ¥1,546,377 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,524,046 thousand at the end of the previous consolidated fiscal year to ¥1,546,377 thousand.
  4. FY2023MitigatedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,524,046 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee declined from ¥1,617,161 thousand at the end of the previous fiscal year to ¥1,524,046 thousand.
  5. FY2023-Q3MitigatedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,617,161 ¥1,555,902 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee declined from ¥1,617,161 thousand at the end of the previous consolidated fiscal year to ¥1,555,902 thousand.
  6. FY2023-Q2WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,705,416 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,617,161 thousand at the end of the previous fiscal year to ¥1,705,416 thousand.
  7. FY2023-Q1WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,710,459 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,617,161 thousand at the end of the previous consolidated fiscal year to ¥1,710,459 thousand.
  8. FY2022WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,617,161 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,476,373 thousand at the end of the previous fiscal year to ¥1,617,161 thousand.
  9. FY2022-Q3WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,540,141 ¥ thousand」

    The guarantee of rent equivalent for the Wuhan franchisee was ¥1,540,141 thousand, up from ¥1,476,373 thousand at the end of the previous consolidated fiscal year.
  10. FY2022-Q2MitigatedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,495,217 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee continues, but declined from ¥1,505,391 thousand in the preceding record to ¥1,495,217 thousand.
  11. FY2022-Q1WorsenedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,505,391 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee increased from ¥1,467,580 thousand at the end of the previous consolidated fiscal year to ¥1,505,391 thousand.
  12. FY2021-Q3MitigatedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,410,571 thousand」

    The guarantee of rent equivalent for the Wuhan franchisee continues, but declined from ¥1,444,401 thousand at the end of the previous quarter to ¥1,410,571 thousand.
  13. FY2021-Q2First statedAnnual report

    「Guarantee of rent equivalent to the remaining contractual term for the Wuhan store building of 修曼(武漢)酒店管理有限公司 ¥1,444,401 thousand」

    At the end of the second quarter, the Company recorded a ¥1,444,401 thousand guarantee of rent equivalent to the remaining contractual term for the Wuhan franchisee's store building.
Moved together

"Slowing growth in the Chinese economy and policy uncertainty following a change of administration in the United States" moved the same way as this thread, in the same document, in 7 of its 13 moves.

755444★123456
  1. ★This thread
  2. 1Slowing growth in the Chinese economy and policy uncertainty following a change of administration in the United States7×
  3. 2Improving visitor numbers and net sales through initiatives at existing stores that address customer needs5×
  4. 3Temporary closure of all stores in China due to the COVID-19 pandemic and spillover effects in Japan5×
  5. 4Development of urban, high-value-added new-format hot spring bathing facilities4×
  6. 5Consumer cost-consciousness, intensifying competition, and higher raw material and construction costs4×
  7. 6Rising electricity and other energy costs4×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Gokurakuyu Holdings's next results are scheduled for 2026-11-13. Read the earnings preview
News
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