Increase in Sublease Vacancy Guarantee Costs
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2023.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Although we are implementing measures to reduce the vacancy rate, if vacancies increase because these measures are ineffective, vacancy guarantee costs will increase, which could affect our financial condition and operating performance.」
The company continues to identify the risks of increased vacancies in subleased properties and higher vacancy guarantee costs. - FY2020RestatedAnnual report
「Although we are implementing measures to reduce the vacancy rate, if vacancies increase because these measures are ineffective, vacancy guarantee costs will increase, which could affect our financial condition and operating performance.」
The company continues to identify the risks of increased vacancies in subleased properties and higher vacancy guarantee costs. - FY2019First statedAnnual report
「Although we are implementing measures to reduce the vacancy rate, if vacancies increase because these measures are ineffective, vacancy guarantee costs will increase, which could affect our financial condition and operating performance.」
For rent guarantees under sublease agreements, the company explicitly identifies for the first time the risk that an increase in vacancies could increase guarantee costs.