Risk of Termination of Parking Lot Leasing and Management Contracts
First written in FY2017. 2 of 3 entries say "Mitigated", first in FY2018. Latest entry: FY2019.
0 other companies' latest entry also says "Mitigated".
- FY2019MitigatedAnnual report
「In Standard, we are promoting the development of small parking lots, while in Partner Service we are promoting the development of parking lots that are less likely to be terminated by linking them with the various services of our group, thereby working to stabilize our business base, but」
The company continues to develop parking lots that are less likely to be terminated by developing small parking lots and linking them with group services. - FY2018MitigatedAnnual report
「Even in subleased parking lots, we are working to stabilize our business base by combining TPS (Times Partner Service), under which we lease parking lots attached to commercial facilities that are less likely to be terminated, with ST (standard Times) to build an optimal business portfolio. However, business performance may be significantly affected by the termination of leases or parking lot management contracts.」
The company identified measures to stabilize the business through a portfolio combining TPS and ST, which are less likely to be terminated, while the risk of parking lot contract termination remains. - FY2017First statedAnnual report
「Business performance may be significantly affected by the termination of leases or parking lot management contracts.」
The company identifies the risk that termination of sublease agreements or parking lot management contracts could affect the performance of the parking lot business.