Withdrawal and Penalty Risk Under Long-Term Lease Agreements
First written in FY2017. 5 of 6 entries say "Restated". Latest entry: FY2025.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「To address this risk, the Group avoids properties subject to long-term withdrawal restrictions wherever possible. Where restrictions for a certain period cannot be avoided, it seeks to shorten that period as much as possible when entering into the contract.」
The Group continues to address the risks of withdrawal restrictions and early termination penalties associated with opening locations primarily through leases. - FY2024RestatedAnnual report
「This limits investment risk, but also imposes restrictions on withdrawal for a certain period. If these restrictions are breached, payments such as penalties for early termination may arise, which could affect the Group's performance.」
The risks of withdrawal restrictions and early termination penalties associated with opening locations primarily through leases continue to be disclosed. - FY2023RestatedAnnual report
「This limits investment risk, but also imposes restrictions on withdrawal for a certain period. If these restrictions are breached, payments such as penalties for early termination may arise, which could affect the Group's performance.」
The risks of withdrawal restrictions and early termination penalties associated with opening locations primarily through leases are reaffirmed. - FY2019RestatedAnnual report
「This limits investment risk, but also imposes restrictions on withdrawal for a certain period. If these restrictions are breached, payments such as penalties for early termination may arise, which could affect the Group's performance.」
The risks of withdrawal restrictions and early termination penalties associated with investment in facilities primarily through leases are reaffirmed. - FY2018RestatedAnnual report
「This limits investment risk, but also imposes restrictions on withdrawal for a certain period. If these restrictions are breached, payments such as penalties for early termination may arise, which could affect the Group's performance.」
The risks of withdrawal restrictions and early termination penalties associated with investment in facilities primarily through leases are reaffirmed. - FY2017First statedAnnual report
「This limits investment risk, but also imposes restrictions on withdrawal for a certain period. If these restrictions are breached, payments such as penalties for early termination may arise, which could affect the Group's performance.」
The company describes the possibility that, while investment risk is limited by generally leasing its facilities, withdrawal restrictions and early termination penalties may arise for a certain period.