Unrecoverable Security Deposits and Construction Cooperation Contributions Due to Store Owner Bankruptcy or Other Circumstances
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 7 of 41 companies on the "Worse" side.
29 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「In some cases, the Group provides construction cooperation deposits to owners to finance the construction of store buildings and receives repayment in installments through offsets against rent. If security deposits and construction cooperation deposits become uncollectible due to an owner’s bankruptcy or other events, this may adversely affect the Group’s operating results and financial position.」
The company continues to disclose the risk that security deposits and construction cooperation deposits may become uncollectible due to a store owner’s bankruptcy or other events. - FY2019RestatedAnnual report
「In some cases, the Group provides construction cooperation deposits to owners to finance the construction of store buildings and receives repayment in installments through offsets against rent. If security deposits and construction cooperation deposits become uncollectible due to an owner’s bankruptcy or other events, this may adversely affect the Group’s operating results and financial position.」
The company continues to disclose the risk that security deposits and construction cooperation deposits may become uncollectible due to a store owner’s bankruptcy or other events. - FY2017RestatedAnnual report
「If security deposits and construction cooperation deposits become uncollectible due to an owner’s bankruptcy or other events, this may adversely affect the Group’s operating results and financial position.」
The company continues to disclose the risk that security deposits and construction cooperation deposits may become uncollectible due to a store owner’s bankruptcy or other events. - FY2016First statedAnnual report
「If security deposits and construction cooperation deposits become uncollectible due to an owner’s bankruptcy or other events, this may adversely affect the Group’s operating results and financial position.」
The company identifies the risk that security deposits and construction cooperation deposits paid to store owners may become uncollectible if an owner becomes bankrupt or for other reasons.