Risk Relating to the Recovery of Lease Deposits and Continued Store Operations
First written in FY2017. 8 of 10 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2022: 5 of 18 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「We operate stores in leased properties. As of the end of the current fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 8.1% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 9.7% in the previous fiscal year to 8.1%. - FY2025MitigatedAnnual report
「We operate stores in leased properties. As of the end of the current fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 9.7% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 10.0% in the previous fiscal year to 9.7%. - FY2024MitigatedAnnual report
「We operate stores in leased properties. As of the end of the current fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 10.0% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 11.6% in the previous fiscal year to 10.0%. - FY2023MitigatedAnnual report
「As of the end of the current fiscal year, security deposits and guarantee deposits accounted for 11.6% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 12.1% in the previous fiscal year to 11.6%. - FY2022MitigatedAnnual report
「We operate stores in leased properties. As of the end of the current fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 12.1% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 12.2% in the previous fiscal year to 12.1%. - FY2021MitigatedAnnual report
「Our group operates stores in leased properties. As of the end of the current consolidated fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 12.2% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 13.2% in the previous period to 12.2%. - FY2020MitigatedAnnual report
「As of the end of the current consolidated fiscal year, security deposits and guarantee deposits accounted for 13.2% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 14.6% in the previous period to 13.2%. - FY2019MitigatedAnnual report
「Our group operates stores in leased properties. As of the end of the current consolidated fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 14.6% of total assets.」
The proportion of total assets represented by security and guarantee deposits decreased from 15.1% in the previous period to 14.6%. - FY2018WorsenedAnnual report
「Our group operates stores in leased properties. As of the end of the current consolidated fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 15.1% of total assets. If a lessor's financial condition deteriorates, the return of the security and guarantee deposits relating to those stores could be affected, or continued store operations could become difficult, which could affect our group's performance.」
The proportion of total assets represented by security and guarantee deposits increased from 13.4% in the previous period to 15.1%, and the company describes the risks to deposit recovery and continued store operations resulting from a lessor's deteriorating financial condition. - FY2017First statedAnnual report
「We operate stores in leased properties. As of the end of the current consolidated fiscal year, security deposits and guarantee deposits paid to lessors when setting up the stores accounted for 13.4% of total assets. If a lessor's financial condition deteriorates, the return of the security and guarantee deposits relating to those stores could be affected, or continued store operations could become difficult, which could affect our group's performance.」
Security and guarantee deposits account for 13.4% of total assets, and the company identifies as risks the impact of a lessor's deteriorating financial condition on the return of those deposits and the continuation of store operations.