Dependence on Leased Stores and Security Deposits
First written in FY2016. 2 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2022: 5 of 18 companies on the "Worse" side.
0 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual reportThe risks associated with long-term leases and the non-recovery of security deposits are not disclosed separately as major risks for the current fiscal year.
- FY2019DroppedAnnual reportThe risks associated with long-term leases and the non-recovery of security deposits, which had been disclosed through the previous fiscal year, are not included in the business and other risks section of this filing.
- FY2018RestatedAnnual report
「Roadside stores often have long lease terms of 15 to 35 years. During these long contract periods, all or part of security deposits and other amounts paid may become unrecoverable due to bankruptcy or other unexpected deterioration in the lessor’s credit standing, which could affect the Group’s operating results and financial position.」
Continues to identify the risk that security deposits and other amounts may become unrecoverable due to the deterioration of lessors’ credit standing under long-term leases of 15 to 35 years. - FY2017RestatedAnnual report
「Roadside stores often have long lease terms of 15 to 35 years. During these long contract periods, all or part of security deposits and other amounts paid may become unrecoverable due to bankruptcy or other unexpected deterioration in the lessor’s credit standing, which could affect the Group’s operating results and financial position.」
Continues to disclose the risk that amounts such as security deposits under long-term store leases may become unrecoverable. - FY2016First statedAnnual report
「Roadside stores often have long lease terms of 15 to 35 years. During these long contract periods, all or part of security deposits and other amounts paid may become unrecoverable due to bankruptcy or other unexpected deterioration in the lessor’s credit standing, which could affect the Group’s operating results and financial position.」
Describes the risk that long-term store leases and security deposits and construction cooperation deposits may become unrecoverable.