Inability to Recover Security Deposits Paid and Costs of Terminating Lease Agreements
First written in FY2016. 20 of 34 entries say "Worsened", first in FY2019-Q2. Latest entry: 2026-10-02.
Brass moved to the "Worse" side of this theme in 2021, 1 year before the typical company in this theme (2022).
The whole theme swung hardest in 2026: 12 of 30 companies on the "Worse" side.
9 other companies' latest entry also says "Worsened".
- FY2026-H1WorsenedAnnual report
「Security deposits 717,377 740,749」
The balance of security deposits increased from ¥717.377 million to ¥740.749 million, expanding the amount subject to the burdens of non-recoverability and lease termination. - FY2025WorsenedAnnual report
「The balance of security deposits was ¥717.377 million as of 31 July 2025, representing 6.3% of total assets.」
The balance of security deposits increased from ¥556.428 million at the end of the previous period to ¥717.377 million, while its ratio to total assets also rose from 5.1% to 6.3%. - FY2025-H1WorsenedAnnual report
「This was mainly due to increases in cash and deposits (up ¥230.999 million from the end of the previous consolidated fiscal year) and security deposits (up ¥152.688 million), despite a decrease in tangible fixed assets (down ¥193.786 million).」
Security deposits increased by ¥152.688 million from ¥556.428 million to ¥709.116 million, expanding the balance subject to risks associated with non-recoverability and lease termination. - FY2024WorsenedAnnual report
「The balance of security deposits was ¥556.428 million as of 31 July 2024, representing 5.1% of total assets.」
The balance of security deposits increased from ¥544.739 million at the end of the previous period to ¥556.428 million, while its ratio to total assets also rose from 4.9% to 5.1%. The amount subject to the burdens of non-recoverability and lease termination is increasing. - FY2024-Q3WorsenedAnnual report
「Security deposits 544,739 556,795」
The balance of security deposits increased from ¥544.739 million at the end of the previous consolidated fiscal year to ¥556.795 million, expanding the balance subject to risks associated with non-recoverability and lease termination. - FY2023WorsenedAnnual report
「The balance of security deposits was ¥544.739 million as of 31 July 2023, representing 4.9% of total assets.」
The balance of security deposits increased from ¥516.718 million at the end of the previous period to ¥544.739 million, expanding the balance subject to risks associated with non-recoverability and lease termination. - FY2023-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
It states that there have been no material changes regarding the non-recoverability of security deposits and the burden of terminating lease agreements. - FY2023-Q2WorsenedAnnual report
「Security deposits 518,945」
The balance of security deposits increased from ¥518.828 million at the end of the previous quarter to ¥518.945 million, slightly expanding the balance subject to risks associated with non-recoverability and lease termination. - FY2023-Q1WorsenedAnnual report
「Security deposits 518,828」
The balance of security deposits increased from ¥516.718 million at the end of FY2022 to ¥518.828 million, expanding the balance subject to risks such as non-recoverability. - FY2022WorsenedAnnual report
「The balance of security deposits was ¥516.718 million as of 31 July 2022, representing 4.4% of total assets.」
The balance of security deposits increased from ¥510.817 million at the end of the previous period to ¥516.718 million, expanding the balance subject to risks associated with non-recoverability and lease termination. - FY2022-Q3WorsenedAnnual report
「Security deposits 510,817 517,095」
The balance of security deposits increased from ¥510.817 million at the end of the previous fiscal year to ¥517.095 million, expanding the balance subject to risks such as non-recoverability. - FY2022-Q2WorsenedAnnual report
「Security deposits 510,817 517,807」
The balance of security deposits increased from ¥510.817 million at the end of the previous fiscal year to ¥517.807 million, expanding the balance subject to risks such as non-recoverability. - FY2022-Q1WorsenedAnnual report
「Security deposits 510,817 518,432」
The balance of security deposits increased from ¥510.817 million at the end of the previous fiscal year to ¥518.432 million, expanding the balance subject to risks such as non-recoverability. - FY2021WorsenedAnnual report
「The balance of security deposits was ¥510.817 million as of 31 July 2021, representing 4.4% of total assets.」
The balance of security deposits increased from ¥509.718 million at the end of the previous period to ¥510.817 million, slightly expanding the amount subject to non-recoverability and the burden of terminating lease agreements. - FY2021-Q1MitigatedAnnual report
「Security deposits 509,718 509,515」
The balance of security deposits declined slightly from ¥509.718 million at the end of the previous fiscal year to ¥509.515 million. - FY2020MitigatedAnnual report
「The balance of security deposits was ¥509.718 million as of 31 July 2020, representing 4.1% of total assets.」
The balance of security deposits declined from ¥519.721 million at the end of the previous period to ¥509.718 million, and their ratio to total assets was 4.1%. - FY2020-Q3MitigatedAnnual report
「Security deposits 519,721 510,009」
The balance of security deposits declined from ¥519.721 million at the end of the previous fiscal year to ¥510.009 million, reducing the balance subject to risks associated with non-recoverability and lease termination. - FY2020-Q2WorsenedAnnual report
「Security deposits 519,721 530,817」
The balance of security deposits increased from ¥519.721 million at the end of the previous fiscal year to ¥530.817 million, expanding the balance subject to risks such as non-recoverability. - FY2020-Q1WorsenedAnnual report
「Security deposits 519,721 533,629」
The balance of security deposits increased from ¥519.721 million at the end of the previous fiscal year to ¥533.629 million, expanding the balance subject to risks such as non-recoverability. - FY2019WorsenedAnnual report
「The balance of security deposits was ¥519.721 million as of 31 July 2019, representing 5.0% of total assets.」
The balance of security deposits increased from ¥402.074 million at the end of the previous period to ¥519.721 million, expanding the amount subject to the burdens of non-recoverability and lease termination. - FY2019-Q3WorsenedAnnual report
「Security deposits 402,074 425,501」
The balance of security deposits increased from ¥402.074 million at the end of the previous fiscal year to ¥425.501 million, expanding the balance subject to risks such as non-recoverability. - FY2019-Q2WorsenedAnnual report
「Security deposits 402,074 417,749」
The balance of security deposits increased from ¥402.074 million at the end of the previous fiscal year to ¥417.749 million, expanding the balance subject to risks such as non-recoverability. - FY2019-Q1Continued increase in security deposit balanceAnnual report
「Security deposits 402,074 415,531」
The balance of security deposits increased from ¥402.074 million at the end of the previous fiscal year to ¥415.531 million. - FY2018Continued increase in security deposit balance and decline in ratioAnnual report
「The balance of security deposits was ¥402.074 million as of 31 July 2018, representing 4.3% of total assets.」
The balance of security deposits increased from ¥368.667 million in the previous period to ¥402.074 million, while their ratio to total assets declined from 4.4% to 4.3%. - FY2018-Q3Continued increase in security deposit balanceAnnual report
「Security deposits 368,667 397,329」
The balance of security deposits increased from ¥368.667 million at the end of the previous fiscal year to ¥397.329 million, indicating an increase in the balance subject to risks such as non-recoverability. - FY2018-Q2Continued increase in security deposit balanceAnnual report
「This was mainly due to increases in tangible fixed assets (up ¥169.769 million year on year) and security deposits (up ¥40.489 million), despite a decrease in cash and deposits (down ¥153.080 million).」
The balance of security deposits increased from ¥368.667 million at the end of the previous fiscal year to ¥409.156 million, continuing the increase in the balance subject to risks such as non-recoverability. - FY2018-Q1Continued increase in security deposit balanceAnnual report
「Security deposits 368,667 393,519」
The balance of security deposits increased from ¥368.667 million at the end of the previous fiscal year to ¥393.519 million. - FY2017Increase in balance and decline in asset ratioAnnual report
「The balance of security deposits was ¥368.667 million as of 31 July 2017, representing 4.4% of total assets.」
The balance of security deposits increased from ¥359.319 million in the previous period to ¥368.667 million, while their ratio to total assets declined from 5.0% to 4.4%. The risks of penalties and forfeiture of security deposits upon termination of lease agreements are also stated. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
It is treated as having no material changes regarding the non-recoverability of security deposits and the burden of terminating lease agreements. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
It is treated as having no material changes regarding the non-recoverability of security deposits and the burden of terminating lease agreements. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It is treated as having no material changes regarding the non-recoverability of security deposits and the burden of terminating lease agreements. - FY2016First statedAnnual report
「The balance of security deposits was ¥359.319 million as of 31 July 2016, representing 5.0% of total assets. These deposits are to be refunded by the lessor when a store closes. However, if some or all of the security deposits are not refunded because of a deterioration in the lessor’s financial condition or other factors, this could affect the Company’s operating results and financial condition.」
It presents the balance of security deposits and their ratio to total assets, identifying deterioration in the lessor’s creditworthiness and the burden of terminating lease agreements as risks.