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TRUST Holdings (3286) · RiskFirst stated

Losses from Unprofitable Parking Facilities

First written in FY2017. . Latest entry: FY2017.

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Fixed lease payment burden and loss risk at unprofitable parking facilitiesA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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  1. FY2017First statedAnnual report

    「Because the Group pays landowners fixed rent regardless of fluctuations in revenue from the parking lots it operates, if anticipated revenue cannot be achieved at a parking lot, this may affect the Group's operating performance and financial position.」

    The disclosure describes the burden of fixed rent under the directly operated model and the possibility of losses if anticipated revenue is not achieved.
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Losses from Unprofitable Parking Facilities | TRUST Holdings Inc. (3286) | Komori