Risk of Recovering Security Deposits, Guarantee Deposits and Construction Cooperation Funds
First written in FY2016. 15 of 19 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 5 of 18 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2027-H1Balance movementAnnual report
「Long-term loans receivable 19,391 15,248 Deposits and guarantee deposits 377,129 392,125」
Long-term loans receivable equivalent to construction cooperation deposits decreased from ¥19,391 thousand to ¥15,248 thousand, while deposits and guarantee deposits increased from ¥377,129 thousand to ¥392,125 thousand. The balance exposed to collection risk fluctuated by item. - FY2025MitigatedAnnual report
「As of the end of March 2025, deposits and guarantee deposits amounted to ¥370,409 thousand. The Company accounts for construction cooperation deposits as long-term loans receivable, and the ¥23,662 thousand in long-term loans receivable as of the end of March 2025 consisted entirely of construction cooperation deposits.」
Deposits and guarantee deposits decreased from ¥395,355 thousand at the end of the previous fiscal year to ¥370,409 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥37,197 thousand to ¥23,662 thousand, further reducing the balance exposed to collection risk. - FY2025-H1MitigatedAnnual report
「Long-term loans receivable: ¥33,027 thousand; deposits and guarantee deposits: ¥394,655 thousand」
Deposits and guarantee deposits decreased from ¥395,355 thousand at the end of the previous fiscal year to ¥394,655 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥37,197 thousand to ¥33,027 thousand, reducing the balance exposed to collection risk. - FY2024MitigatedAnnual report
「As of the end of March 2024, deposits and guarantee deposits amounted to ¥395,355 thousand. The Company accounts for construction cooperation deposits as long-term loans receivable, and the ¥37,197 thousand in long-term loans receivable as of the end of March 2024 consisted entirely of construction cooperation deposits.」
Deposits and guarantee deposits decreased from ¥410,271 thousand at the end of the previous fiscal year to ¥395,355 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥47,870 thousand to ¥37,197 thousand, further reducing the balance exposed to collection risk. - FY2024-Q3MitigatedAnnual report
「Long-term loans receivable 47,870 39,804 Deposits and guarantee deposits 410,271 397,259」
From the end of March 2023 to the end of December 2023, long-term loans receivable decreased from ¥47,870 thousand to ¥39,804 thousand, while deposits and guarantee deposits decreased from ¥410,271 thousand to ¥397,259 thousand, reducing the balance exposed to collection risk. - FY2024-Q2MitigatedAnnual report
「Proceeds from the collection of deposits and guarantee deposits: ¥15,313 thousand」
Collection of deposits and guarantee deposits progressed, reducing the balance from ¥410,271 thousand at the end of the previous fiscal year to ¥396,778 thousand. Long-term loans receivable equivalent to construction cooperation deposits also decreased from ¥47,870 thousand to ¥42,403 thousand, further reducing the balance exposed to collection risk. - FY2023MitigatedAnnual report
「As of the end of March 2023, deposits and guarantee deposits amounted to ¥410,271 thousand. The Company accounts for construction cooperation deposits as long-term loans receivable, and the ¥47,870 thousand in long-term loans receivable as of the end of March 2023 consisted entirely of construction cooperation deposits.」
Deposits and guarantee deposits decreased from ¥430,985 thousand at the end of the previous fiscal year to ¥410,271 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥62,281 thousand to ¥47,870 thousand, reducing the balance exposed to collection risk. - FY2023-Q3MitigatedAnnual report
「This was mainly due to a ¥45,956 thousand decrease in property, plant and equipment resulting from depreciation and the recognition of impairment losses, a ¥17,651 thousand decrease in deposits and guarantee deposits due to store closures, and a ¥8,126 thousand decrease in long-term loans receivable due to refunds, among other factors.」
Due to store closures and refunds, deposits and guarantee deposits decreased from ¥430,985 thousand to ¥413,334 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥62,281 thousand to ¥54,154 thousand, reducing the balance exposed to collection risk. - FY2023-Q2MitigatedAnnual report
「This was mainly due to a ¥3,804 thousand decrease in property, plant and equipment resulting from depreciation, a ¥18,126 thousand decrease in deposits and guarantee deposits due to store closures, and a ¥5,281 thousand decrease in long-term loans receivable due to refunds, among other factors.」
Store closures and progress in refunds further reduced the balances of deposits and guarantee deposits and long-term loans receivable equivalent to construction cooperation deposits, reducing the exposure to collection risk. - FY2023-Q1MitigatedAnnual report
「This was mainly due to a ¥4,442 thousand decrease in property, plant and equipment resulting from depreciation and a ¥15,076 thousand decrease in deposits and guarantee deposits due to store closures, among other factors.」
Deposits and guarantee deposits decreased by ¥15,076 thousand due to store closures, leaving a balance of ¥415,909 thousand. Long-term loans receivable also decreased to ¥59,952 thousand, further reducing the balance exposed to collection risk. - FY2022MitigatedAnnual report
「As of the end of March 2022, deposits and guarantee deposits amounted to ¥430,985 thousand. The Company accounts for construction cooperation deposits as long-term loans receivable, and the ¥62,281 thousand in long-term loans receivable as of the end of March 2022 consisted entirely of construction cooperation deposits.」
Deposits and guarantee deposits decreased from ¥448,906 thousand in the previous fiscal year to ¥430,985 thousand, while long-term loans receivable equivalent to construction cooperation deposits decreased from ¥89,385 thousand to ¥62,281 thousand. - FY2022-Q2MitigatedAnnual report
「Proceeds from the collection of deposits and guarantee deposits due to store closures: ¥39,984 thousand」
Collection of deposits and guarantee deposits associated with store closures progressed, and the trend toward reducing the balance exposed to collection risk continued. - FY2021MitigatedAnnual report
「As of the end of March 2021, deposits and guarantee deposits amounted to ¥448,906 thousand. The Company accounts for construction cooperation deposits as long-term loans receivable, and the ¥89,385 thousand in long-term loans receivable as of the end of March 2021 consisted entirely of construction cooperation deposits.」
The balances of deposits and guarantee deposits and long-term loans receivable equivalent to construction cooperation deposits decreased further from the previous fiscal year, reducing the balance exposed to collection risk. - FY2021-Q3MitigatedAnnual report
「This was mainly due to a ¥142,664 thousand decrease in property, plant and equipment resulting from depreciation and the recognition of impairment losses, a ¥13,289 thousand decrease in deposits and guarantee deposits due to store closures, and a ¥9,582 thousand decrease in long-term loans receivable due to progress in refunds, among other factors.」
Store closures and progress in refunds further reduced the balances of deposits and guarantee deposits and long-term loans receivable equivalent to construction cooperation deposits, reducing the exposure to collection risk. - FY2021-Q2MitigatedAnnual report
「This was mainly due to a ¥7,801 thousand decrease in property, plant and equipment resulting from depreciation and the recognition of impairment losses, a ¥3,613 thousand decrease in deposits and guarantee deposits due to store closures, and a ¥6,377 thousand decrease in long-term loans receivable due to refunds, among other factors.」
Store closures and refunds reduced deposits and guarantee deposits by ¥3,613 thousand and long-term loans receivable equivalent to construction cooperation deposits by ¥6,377 thousand, further reducing the balance exposed to collection risk. - FY2020-Q3MitigatedAnnual report
「Decrease of ¥24.706 million in lease deposits and guarantee deposits due to store closures; decrease of ¥11.557 million in long-term loans receivable, equivalent to construction cooperation contributions, due to progress in refunds and waivers associated with store closures」
Due to store closures and other factors, lease deposits and guarantee deposits decreased by ¥24.706 million, while long-term loans receivable equivalent to construction cooperation contributions decreased by ¥11.557 million. Although the balance subject to recovery risk has declined, lease deposits and guarantee deposits of ¥539.967 million and long-term loans receivable of ¥105.356 million remained as of the end of the third quarter. - FY2019RestatedAnnual report
「As of 31 March 2019, lease deposits and guarantee deposits totaled ¥564.673 million. The ¥116.913 million in long-term loans receivable as of 31 March 2019 consisted entirely of construction cooperation contributions. Accordingly, depending on the financial condition of the tenants of the Company’s stores, recovery of these lease deposits, guarantee deposits and construction cooperation contributions, or the continuation of store operations, could be adversely affected.」
The balance decreased from the previous fiscal year, but the risk that recovery and continued operations could be affected by the financial condition of the tenants and other factors remains. - FY2017RestatedAnnual report
「As of 31 March 2017, lease deposits and guarantee deposits totaled ¥698.970 million. The ¥153.344 million in long-term loans receivable as of 31 March 2017 consisted entirely of construction cooperation contributions. Accordingly, depending on the financial condition of the tenants of the Company’s stores, recovery of these lease deposits, guarantee deposits and construction cooperation contributions, or the continuation of store operations, could be adversely affected.」
The balances of lease deposits, guarantee deposits and construction cooperation contributions decreased, but the risk that recovery and continued operations could be affected by the financial condition of the tenants and other factors remains. - FY2016First statedAnnual report
「As of 31 March 2016, lease deposits and guarantee deposits totaled ¥737.724 million. The Company records construction cooperation contributions as long-term loans receivable, and the ¥169.168 million in long-term loans receivable as of 31 March 2016 consisted entirely of construction cooperation contributions. Accordingly, depending on the financial condition of the tenants of the Company’s stores, recovery of these lease deposits, guarantee deposits and construction cooperation contributions, or the continuation of store operations, could be adversely affected.」
The balances of lease deposits, guarantee deposits and construction cooperation contributions related to leased properties are presented, together with the risk that recovery and continued operations could be affected by the financial condition of the lessors and other factors.