Risk of Recovering Lease Deposits and Continuing Store Operations
First written in FY2016. 28 of 37 entries say "Worsened", first in FY2017-Q3. Latest entry: FY2026.
Kichiri Holdings & moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2022: 5 of 18 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Deposits paid stood at ¥1,005 million at the end of the consolidated fiscal year, accounting for 13.9% of the Group's total assets.」
Deposits paid decreased from ¥1,010 million, or 14.3% of total assets, at the end of the previous period to ¥1,005 million, or 13.9%, reducing the exposure both in monetary terms and as a percentage of total assets. - FY2026-H1WorsenedAnnual report
「Deposits paid 1,010,727 1,020,474」
The balance of deposits paid increased from ¥1,010,727 thousand at the end of the previous consolidated fiscal year to ¥1,020,474 thousand, expanding the monetary exposure associated with store leases. - FY2025WorsenedAnnual report
「Deposits paid stood at ¥1,010 million at the end of the consolidated fiscal year, accounting for 14.3% of the Group's total assets.」
Deposits paid increased from ¥879 million, or 11.7% of total assets, at the end of the previous period to ¥1,010 million, or 14.3%, expanding the exposure both in monetary terms and as a percentage of total assets. - FY2025-H1WorsenedAnnual report
「Deposits paid 879,644 958,745」
The balance of deposits paid increased from ¥879,644 thousand at the end of the previous consolidated fiscal year to ¥958,745 thousand, expanding the monetary exposure associated with store leases. - FY2024WorsenedAnnual report
「Deposits paid stood at ¥879 million at the end of the consolidated fiscal year, accounting for 11.7% of the Group's total assets.」
Deposits paid increased from ¥851 million at the end of the previous period to ¥879 million, expanding the exposure in monetary terms. Meanwhile, the ratio to total assets decreased from 12.5% to 11.7%. - FY2024-Q3WorsenedAnnual report
「Deposits paid 851,751 876,489」
The balance of deposits paid increased from ¥851,751 thousand at the end of the previous consolidated fiscal year to ¥876,489 thousand, expanding the monetary exposure associated with store leases. - FY2024-Q2WorsenedAnnual report
「Deposits paid 851,751 884,347」
The balance of deposits paid increased from ¥851,751 thousand at the end of the previous consolidated fiscal year to ¥884,347 thousand, expanding the monetary exposure associated with store leases. - FY2024-Q1WorsenedAnnual report
「Deposits paid 851,751 861,043」
The balance of deposits paid increased from ¥851,751 thousand at the end of the previous consolidated fiscal year to ¥861,043 thousand, expanding the monetary exposure associated with store leases. - FY2023WorsenedAnnual report
「Deposits paid stood at ¥851 million at the end of the consolidated fiscal year, accounting for 12.5% of the Group's total assets.」
Deposits paid increased from ¥839 million, or 11.4% of total assets, at the end of the previous period to ¥851 million, or 12.5%, expanding the monetary exposure associated with store leases. - FY2023-Q3WorsenedAnnual report
「Deposits paid 839,101 869,714」
The balance of deposits paid increased from ¥839,101 thousand at the end of the previous consolidated fiscal year to ¥869,714 thousand, expanding the monetary exposure associated with store leases. - FY2023-Q2WorsenedAnnual report
「Investments and other assets Investment securities 77,405 97,405 Deposits paid 839,101 866,717」
The balance of deposits paid increased from ¥839,101 thousand at the end of the previous consolidated fiscal year to ¥866,717 thousand, expanding the monetary exposure associated with store leases. - FY2023-Q1WorsenedAnnual report
「Investments and other assets Investment securities 77,405 77,405 Deposits paid 839,101 853,837」
The balance of deposits paid increased from ¥839,101 thousand at the end of the previous consolidated fiscal year to ¥853,837 thousand, expanding the monetary exposure associated with store leases. - FY2022WorsenedAnnual report
「Deposits paid stood at ¥839 million at the end of the consolidated fiscal year, accounting for 11.4% of the Group's total assets.」
Deposits paid increased from ¥818 million at the end of the previous period to ¥839 million, expanding the monetary exposure associated with store leases. - FY2022-Q3WorsenedAnnual report
「Investments and other assets Investment securities 69,036 79,036 Deposits paid 818,067 868,423」
The balance of deposits paid increased from ¥818,067 thousand at the end of the previous consolidated fiscal year to ¥868,423 thousand, expanding the monetary exposure associated with store leases. - FY2022-Q2WorsenedAnnual report
「Deposits paid 818,067 836,321」
The balance of deposits paid increased from ¥818,067 thousand at the end of the previous consolidated fiscal year to ¥836,321 thousand, expanding the monetary exposure associated with store leases. - FY2022-Q1MitigatedAnnual report
「Deposits paid 818,067 797,114」
The balance of deposits paid decreased from ¥818,067 thousand at the end of the previous consolidated fiscal year to ¥797,114 thousand, reducing the monetary exposure. - FY2021WorsenedAnnual report
「Deposits paid stood at ¥818 million at the end of the consolidated fiscal year, accounting for 10.0% of the Group's total assets.」
Deposits paid increased from ¥789,846 thousand at the end of the previous period to ¥818,067 thousand, expanding the monetary exposure associated with store leases. - FY2021-Q3WorsenedAnnual report
「Deposits paid 789,846 804,504」
The balance of deposits paid increased from ¥789,846 thousand at the end of the previous consolidated fiscal year to ¥804,504 thousand, expanding the monetary exposure associated with store leases. - FY2021-Q2WorsenedAnnual report
「Deposits paid 789,846 803,118」
The balance of deposits paid increased from ¥789,846 thousand at the end of the previous consolidated fiscal year to ¥803,118 thousand, expanding the monetary exposure associated with store leases. - FY2021-Q1WorsenedAnnual report
「Deposits paid 789,846 790,160」
The balance of deposits paid increased from ¥789,846 thousand at the end of the previous consolidated fiscal year to ¥790,160 thousand, slightly expanding the monetary exposure associated with store leases. - FY2020-Q3WorsenedAnnual report
「Deposits paid 781,184 794,635」
The balance of deposits paid increased from ¥781,184 thousand at the end of the previous consolidated fiscal year to ¥794,635 thousand, expanding the monetary exposure associated with store leases. - FY2020-Q2WorsenedAnnual report
「Deposits paid 781,184 798,843」
The balance of deposits paid increased from ¥781,184 thousand at the end of the previous consolidated fiscal year to ¥798,843 thousand, expanding the monetary exposure associated with store leases. - FY2020-Q1WorsenedAnnual report
「Deposits paid 781,184 786,913」
The balance of deposits paid increased from ¥781,184 thousand at the end of the previous consolidated fiscal year to ¥786,913 thousand, expanding the monetary exposure associated with store leases. - FY2019WorsenedAnnual report
「Deposits paid stood at ¥781 million at the end of the consolidated fiscal year, accounting for 19.1% of the Group's total assets. Depending on the future financial condition of the lessors, the Group may encounter difficulty continuing operations at the relevant stores, or some or all of the deposits paid and other amounts may not be returned when the stores are vacated.」
Deposits paid increased from ¥778 million, or 17.7% of total assets, at the end of the previous period to ¥781 million, or 19.1%, expanding the exposure. - FY2019-Q3WorsenedAnnual report
「Deposits paid 790,265」
Deposits paid at the end of the third quarter of the consolidated fiscal year stood at ¥790,265 thousand, exceeding the ¥778,808 thousand recorded at the end of the previous fiscal year and expanding the monetary exposure associated with store leases. - FY2019-Q2MitigatedAnnual report
「Total property, plant and equipment stood at ¥2,443 million, down ¥160 million from the end of the previous fiscal year. The main factors behind the decrease were ¥103 million in depreciation of property, plant and equipment and a ¥40 million decrease in deposits paid.」
Deposits paid decreased from ¥778,808 thousand at the end of the previous period to ¥738,016 thousand, reducing the monetary exposure. - FY2019-Q1WorsenedAnnual report
「Deposits paid 778,808 784,340」
The balance of deposits paid increased from ¥778,808 thousand at the end of the previous fiscal year to ¥784,340 thousand, expanding the monetary exposure associated with store leases. - FY2018MitigatedAnnual report
「Deposits paid stood at ¥778 million at the end of the fiscal year, accounting for 17.7% of the Company's total assets.」
Deposits paid decreased from ¥805 million, or 18.2% of total assets, at the end of the previous fiscal year to ¥778 million, or 17.7%, reducing the monetary exposure for the year. - FY2018-Q3MitigatedAnnual report
「Deposits paid 805,837 771,138」
The balance of deposits paid decreased from ¥805,837 thousand at the end of the previous fiscal year to ¥771,138 thousand, reducing the monetary exposure associated with store leases. - FY2018-Q2MitigatedAnnual report
「Deposits paid 805,837 784,363」
The balance of deposits paid decreased from ¥805,837 thousand at the end of the previous fiscal year to ¥784,363 thousand, reducing the monetary exposure associated with store leases. - FY2018-Q1WorsenedAnnual report
「Deposits paid 805,837 809,618」
The balance of deposits paid increased from ¥805,837 thousand at the end of the previous fiscal year to ¥809,618 thousand, expanding the monetary exposure associated with store leases. - FY2017WorsenedAnnual report
「Deposits paid stood at ¥805 million at the end of the fiscal year, accounting for 18.2% of the Company's total assets. Depending on the future financial condition of the lessors, the Company may encounter difficulty continuing operations at the relevant stores, or some or all of the deposits paid and other amounts may not be returned when the stores are vacated.」
The balance of deposits paid increased from ¥756 million at the end of the previous fiscal year to ¥805 million, expanding the exposure in monetary terms. - FY2017-Q3WorsenedAnnual report
「This was due, among other factors, to a ¥46 million increase in deposits paid.」
The disclosure states that deposits paid increased by ¥46 million in connection with new store openings, expanding the balance potentially subject to collection risk. It does not state that any amounts became uncollectible. - FY2016First statedAnnual report
「The balance of lease deposits at the end of the fiscal year was ¥756 million, representing 18.9% of our total assets. Depending on the future financial condition of landlords, store operations may be disrupted, or some or all of the lease deposits and other amounts may not be returned when stores are closed.」
The company discloses its deposit balance and share of total assets, and explains the recovery risk arising from landlord credit conditions and store closures.