Decline in the value of fixtures and equipment at turnkey restaurant properties
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2018: 10 of 37 companies on the "Worse" side.
34 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「If economic trends and other factors create an environment in which the fixtures and equipment at turnkey properties are not assigned value, the resulting loss of sales opportunities to prospective restaurant operators could affect the group’s performance.」
Reiterates the risk of lost sales opportunities due to the decline in the value of fixtures and equipment at acquired furnished stores. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in existing risks, including the decline in the value of fixtures and equipment at acquired furnished stores. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes in existing risks, including the decline in the value of fixtures and equipment at acquired furnished stores. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no material changes concerning the occurrence of matters that could have a material impact on investors' decisions among the matters relating to the business and financial conditions described in the quarterly report, or concerning the business and other risks described in the annual securities report for the previous fiscal year.」
States that there have been no material changes in existing risks, including the decline in the value of fixtures and equipment at acquired furnished stores. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no material changes in the matters described in the quarterly securities report concerning the status of the business, financial position, or other matters that could materially affect investors’ decisions, nor in the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding the decline in the value of fixtures and equipment at acquired furnished stores. - FY2017-Q1RestatedAnnual report
「There were no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states collectively that there were no material changes concerning the decline in the value of fixtures and equipment at turnkey restaurant properties. - FY2016First statedAnnual report
「If economic trends and other factors create an environment in which the fixtures and equipment at turnkey properties are not assigned value, the resulting loss of sales opportunities to prospective restaurant operators could affect the group’s performance.」
The company identifies the loss of sales opportunities resulting from a decline in the market value of turnkey fixtures and equipment as a risk.