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Kyowa (6570) · RiskWorsened

Recovery Risks for Store Lease Deposits and Security Deposits

First written in FY2018. 20 of 29 entries say "Worsened", first in FY2019. Latest entry: FY2026.

29entries
9years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseWorsenedFY2019 – FY2020WorsenedFY2023-Q1 – FY2024-Q2WorsenedFY2024 – FY20262018: 320182019: 320192020: 420202021: 320212022: 420222023: 420232024: 320242025: 220252026: 32026
Same theme, other companies
Risks related to lessor creditworthiness and lease termination associated with store leasesA theme 73 companies write about · 73 as a headwind · 0 as a tailwind

Kyowa moved to the "Worse" side of this theme in 2022, 1 year after the typical company in this theme (2021).

The whole theme swung hardest in 2026: 12 of 30 companies on the "Worse" side.

9 other companies' latest entry also says "Worsened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 73 companies compared. The sentences above are computed from all 73.
Full recordFilings, disclosures and news, newest first
  1. FY2026WorsenedAnnual report

    「The balance of security deposits and guarantee deposits was ¥1,651.823 million at the end of the consolidated fiscal year.」

    The balance of security deposits and guarantee deposits increased from ¥1,498.842 million at the end of the previous fiscal year to ¥1,651.823 million, increasing exposure to collection risk.
  3. FY2026-H1WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,498.842 million ¥1,580.096 million」

    The balance of security deposits and guarantee deposits increased from ¥1,498.842 million at the end of the previous consolidated fiscal year to ¥1,580.096 million, increasing exposure to collection risk.
  4. FY2025WorsenedAnnual report

    「The balance of security deposits and guarantee deposits was ¥1,498.842 million at the end of the consolidated fiscal year.」

    The balance of security deposits and guarantee deposits increased from ¥1,329.013 million at the end of the previous fiscal year to ¥1,498.842 million, increasing exposure to collection risk.
  5. FY2025-H1WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,329.013 million ¥1,367.684 million」

    The balance of security deposits and guarantee deposits increased from ¥1,329.013 million at the end of the previous consolidated fiscal year to ¥1,367.684 million, increasing exposure to collection risk.
  6. FY2024WorsenedAnnual report

    「The balance of security deposits and guarantee deposits was ¥1,329.013 million at the end of the consolidated fiscal year.」

    The balance of security deposits and guarantee deposits increased from ¥1,326.115 million at the end of the previous consolidated fiscal year to ¥1,329.013 million, slightly increasing exposure to collection risk.
  7. FY2024-Q3MitigatedAnnual report

    「Security deposits and guarantee deposits ¥1,326.115 million ¥1,296.955 million」

    The balance of security deposits and guarantee deposits decreased from ¥1,326.115 million at the end of the previous consolidated fiscal year to ¥1,296.955 million, reducing exposure to collection risk.
  8. FY2024-Q2WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,326.115 million ¥1,448.613 million」

    The balance of security deposits and guarantee deposits increased from ¥1,326.115 million at the end of the previous consolidated fiscal year to ¥1,448.613 million, increasing exposure to collection risk.
  9. FY2024-Q1WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,326.115 million ¥1,368.444 million」

    The balance of security deposits and guarantee deposits increased from ¥1,326.115 million at the end of the previous consolidated fiscal year to ¥1,368.444 million, increasing exposure to collection risk.
  10. FY2023WorsenedAnnual report

    「The balance of security deposits and guarantee deposits was ¥1,326.115 million at the end of the consolidated fiscal year.」

    The balance of security deposits and guarantee deposits increased from ¥1,260.362 million at the end of the previous consolidated fiscal year to ¥1,326.115 million, increasing exposure to collection risk.
  11. FY2023-Q3WorsenedAnnual report

    「Investments and other assets Investment securities ¥154.325 million ¥139.376 million Security deposits and guarantee deposits ¥1,260.362 million ¥1,298.260 million」

    The balance of security deposits and guarantee deposits increased from ¥1,260.362 million at the end of the previous consolidated fiscal year to ¥1,298.260 million, increasing exposure to collection risk.
  12. FY2023-Q2WorsenedAnnual report

    「This was mainly due to increases of ¥360.818 million in amusement equipment, net, and ¥52.847 million in security deposits and guarantee deposits, among other factors.」

    Security deposits and guarantee deposits increased from ¥1,260.362 million at the end of the previous consolidated fiscal year to ¥1,313.210 million, increasing exposure to collection risk.
  13. FY2023-Q1WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,260.362 million ¥1,281.950 million」

    The balance of security deposits and guarantee deposits increased from ¥1,260.362 million at the end of the previous consolidated fiscal year to ¥1,281.950 million, increasing exposure to collection risk.
  14. FY2022MitigatedAnnual report

    「The balance of security deposits and guarantee deposits was ¥1,260.362 million at the end of the consolidated fiscal year.」

    The balance of security deposits and guarantee deposits increased from ¥1,218.895 million in the fiscal year ended March 2021, while decreasing from ¥1,303.296 million at the end of the immediately preceding third quarter.
  15. FY2022-Q3WorsenedAnnual report

    「Security deposits and guarantee deposits amounted to ¥1,303.296 million, among other items.」

    The balance of security deposits and guarantee deposits increased from ¥1,253.742 million at the end of the previous second quarter to ¥1,303.296 million, increasing exposure to collection risk.
  16. FY2022-Q2WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,252.329 million ¥1,253.742 million」

    The balance of security deposits and guarantee deposits increased from ¥1,252.329 million at the end of the previous fiscal year to ¥1,253.742 million, slightly increasing exposure to collection risk.
  17. FY2022-Q1WorsenedAnnual report

    「Security deposits and guarantee deposits ¥1,252.329 million ¥1,258.656 million」

    The balance of security deposits and guarantee deposits increased from ¥1,252.329 million at the end of the previous fiscal year to ¥1,258.656 million, increasing exposure to collection risk.
  18. FY2021MitigatedAnnual report

    「The balance of security deposits and guarantee deposits related to stores was ¥1,218.895 million at the end of the fiscal year.」

    The balance of security deposits and guarantee deposits related to stores decreased from ¥1,289.165 million at the end of the previous fiscal year to ¥1,218.895 million, reducing exposure to collection risk.
  19. FY2021-Q2MitigatedAnnual report

    「Deposits and guarantees 1,324,730 1,267,707」

    The balance of security deposits and guarantee deposits decreased from ¥1,324.730 million at the end of the previous fiscal year to ¥1,267.707 million, reducing exposure to collection risk.
  20. FY2021-Q1MitigatedAnnual report

    「Deposits and guarantees 1,324,730 1,315,264」

    The balance of deposits and guarantees declined from ¥1,324.730 million at the end of the previous fiscal year to ¥1,315.264 million, reducing exposure to recovery risk.
  21. FY2020WorsenedAnnual report

    「The balance of deposits and guarantees relating to stores at the end of the fiscal year was ¥1,289.165 million.」

    The balance of deposits and guarantees increased from ¥1,246.858 million at the end of the previous fiscal year to ¥1,289.165 million, expanding exposure to recovery risk.
  22. FY2020-Q3WorsenedAnnual report

    「This was mainly due to increases of ¥69.962 million in supplies, ¥35.151 million in accrued income and ¥53.885 million in deposits and guarantees, and decreases of ¥78.051 million in notes and accounts receivable and ¥50.017 million in land, among other factors.」

    Deposits and guarantees increased by ¥53.885 million from the end of the previous fiscal year, expanding exposure to the recovery risk associated with store deposits and guarantees.
  23. FY2020-Q1WorsenedAnnual report

    「Deposits and guarantees 1,271,686 1,309,736」

    The balance of store-related deposits and guarantees increased from ¥1,271.686 million at the end of the previous fiscal year to ¥1,309.736 million, expanding exposure to recovery risk.
  24. FY2019WorsenedAnnual report

    「The balance of deposits and guarantees relating to stores at the end of the fiscal year was ¥1,246.858 million.」

    The balance of store-related deposits and guarantees increased from ¥1,096.833 million in the previous fiscal year, expanding exposure to recovery risk.
  25. FY2019-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    States that there have been no material changes in the risks associated with the recovery of store deposits and guarantees.
  26. FY2019-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    States that there have been no material changes in the risks associated with the recovery of store deposits and guarantees.
  27. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」

    The Company states that there have been no material changes in the business and other risks.
  28. FY2018First statedAnnual report

    「The balance of deposits and guarantees relating to stores at the end of the current consolidated fiscal period was ¥1,096.833 million.」

    The disclosure describes the possibility of non-recovery due to penalties for early termination and the financial failure of landlords.
Moved together

"Dependence on Interest-Bearing Debt and Rising Interest Rates" moved the same way as this thread, in the same document, in 6 of its 29 moves.

666433★123456
  1. ★This thread
  2. 1Dependence on Interest-Bearing Debt and Rising Interest Rates6×
  3. 2Impairment Losses on Store and Idle Assets6×
  4. 3Decline in customer visits and temporary store closures due to COVID-196×
  5. 4Commencement of Civil Rehabilitation Proceedings by a Portfolio Company of an Investee Fund4×
  6. 5Differentiation through the integration of customer service capabilities, prospective customers, characters and sports3×
  7. 6Total sales leveraging equipment operating data and operational know-how3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Kyowa yet. It last moved in the General Meetings of Shareholders of 2026-06-01: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Recovery Risks for Store Lease Deposits and Security Deposits | Kyowa Corporation (6570) | Komori