Risk of Fluctuations in Sale Prices of Leased Assets
First written in FY2023. 2 of 3 entries say "Restated". Latest entry: FY2025.
3 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If the asset can only be sold at a price below the initially assumed sale price, earnings from the operating lease fund business may deteriorate and investors’ contributed principal may be impaired.」
The company continues to disclose the risk of a sale price below expectations at lease maturity and the use of external appraisal companies to calculate the price. - FY2024RestatedAnnual report
「If the asset can only be sold at a price below the initially assumed sale price, earnings from the operating lease fund business may deteriorate and investors’ contributed principal may be impaired.」
The company continues to disclose the risk of a sale price below expectations at lease maturity and the use of external appraisal companies to calculate the price. - FY2023First statedAnnual report
「If the lessee does not purchase the leased asset at the end of the lease term, the asset will be sold to a third party in the market. If it can only be sold at a price below the initially assumed sale price, earnings from the operating lease fund business may deteriorate and investors’ contributed principal may be impaired.」
The company discloses the risk that a third-party sale price below expectations at lease maturity could affect earnings and investor principal. Valuation by an external appraisal company is described as a response.