Exit constraints and penalties under long-term leases
First written in FY2019. 16 of 17 entries say "Restated". Latest entry: FY2026-H1.
3 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor 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 regarding withdrawal restrictions and penalties under long-term leases. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2022RestatedAnnual report
「Due in part to guidance from local governments concerning the opening of fee-based homes for the elderly, it is common to enter into long-term lease agreements lasting 20–30 years.」
The company is reconfirming the risks of withdrawal restrictions and penalties under long-term leases, as well as difficulty continuing to use the property and recovering security deposits if the owner becomes insolvent, and the measures to mitigate these risks through setting contract terms and communicating with owners. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor 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 regarding withdrawal restrictions and penalties under long-term leases. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2021RestatedAnnual report
「Due in part to guidance from local governments concerning the opening of fee-based homes for the elderly, it is common to enter into long-term lease agreements lasting 20–30 years.」
The company is reconfirming the risks of withdrawal restrictions and penalties under long-term leases, as well as difficulty continuing to use the property and recovering security deposits if the owner becomes insolvent. - FY2021-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2021-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 management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
A summary statement says there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2020RestatedAnnual report
「Due in part to guidance from local governments concerning the opening of fee-based homes for the elderly, it is common to enter into long-term lease agreements lasting 20–30 years.」
The company is reconfirming the risks of withdrawal restrictions and penalties under long-term leases, as well as difficulty continuing to use the property and recovering security deposits if the owner becomes insolvent. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business or other risks, nor 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 regarding withdrawal restrictions and penalties under long-term leases. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter of the fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding withdrawal restrictions and penalties under long-term leases. - FY2019First statedAnnual report
「Due in part to guidance from local governments concerning the opening of fee-based homes for the elderly, it is common to enter into long-term lease agreements lasting 20–30 years.」
While leasing limits investment risk, the company identifies as risks penalties for early termination, the owner's insolvency, difficulty in continuing to use the property and difficulty in recovering receivables.