Risk of deterioration, theft or loss of pledged items
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「Pledged collateral to be returned to customers is kept under strict security in a pawn vault, the legally designated storage facility, to guard against deterioration, theft and other loss. We recognize that the impact of such deterioration, theft or loss is limited, but if pledged collateral deteriorates or is lost through theft or other causes while in storage, this could materially affect the performance of our Group.」
The risk of deterioration, theft or loss of pledged collateral and the storage measures in the pawn vault were reconfirmed. - FY2019RestatedAnnual report
「Pledged collateral to be returned to customers is kept under strict security in a pawn vault, the legally designated storage facility, to guard against deterioration, theft and other loss. However, if such deterioration, theft or loss occurs, it could materially affect the performance of our Group.」
The risk of deterioration, theft or loss of pledged collateral and the storage measures in the pawn vault were reconfirmed. - FY2017RestatedAnnual report
「If pledged collateral held in storage deteriorates or is lost through theft or other causes, this could have a material impact on the performance of our Group.」
The risk of deterioration, theft or loss of pledged collateral was reiterated. - FY2016First statedAnnual report
「If pledged collateral held in storage deteriorates or is lost through theft or other causes, this could have a material impact on the performance of our Group.」
While pledged collateral is kept under strict security in a pawn vault, the possibility of deterioration, theft or loss during storage was noted.