Risk that off-balance-sheet schemes will no longer be permitted
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 2 of 13 companies on the "Worse" side.
22 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If a decision is made, due to changes in accounting standards or other factors, that off-balance-sheet treatment is no longer permitted, total assets on the consolidated balance sheet would increase as nursing-care facilities and unamortized lease payments are recognized, potentially having a material impact on the Group's financial position, including a substantial deterioration in its equity ratio.」
The company reaffirmed the impact on total assets and the equity ratio if off-balance-sheet treatment is no longer permitted. - FY2020RestatedAnnual report
「If a decision is made, due to changes in accounting standards or other factors, that off-balance-sheet treatment is no longer permitted, total assets on the consolidated balance sheet would increase as nursing-care facilities and unamortized lease payments are recognized, potentially having a material impact on the Group's financial position, including a substantial deterioration in its equity ratio.」
The company reaffirmed the impact on total assets and the equity ratio if off-balance-sheet treatment is no longer permitted. - FY2017First statedAnnual report
「If a decision is made, due to changes in accounting standards or other factors, that off-balance-sheet treatment is no longer permitted, total assets on the consolidated balance sheet would increase as nursing-care facilities and unamortized lease payments are recognized, potentially having a material impact on the Group's financial position, including a substantial deterioration in its equity ratio.」
The company disclosed that a change in the accounting treatment of sale-and-leaseback transactions could affect its financial position, including total assets and the equity ratio.