FaithNetwork (3489) · FactRestated
Decrease in rental income due to a shorter inventory holding period
First written in FY2021-Q1. 1 of 2 entries say "Restated". Latest entry: FY2022.
2entries
3years
0from disclosures
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Decrease in rental income due to a shorter inventory holding periodA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2022RestatedAnnual report
「The main reason for the decline in profit was that the inventory holding period was shorter than in the previous fiscal year, resulting in lower rental income.」
The company also stated for the full fiscal year that the decline in rental income due to the shorter inventory holding period was a factor in the lower profit of the real estate management business. - FY2021-Q1First statedAnnual report
「In the real estate management business, rental income declined as a result of the shorter inventory holding period.」
The company disclosed for the first time that, in the real estate management business, the shorter inventory holding period led to a decline in rental income.