Risk of difficulty in structuring and selling transactions due to turmoil in the financial capital markets and economic conditions
First written in FY2017. 7 of 14 entries say "Restated". Latest entry: FY2025.
No other company in this theme has enough history to compare yet.
- FY2025RestatedAnnual report
「If an unforeseen event occurs in Japan or overseas, such as an economic crisis caused by turmoil in financial and capital markets, an earthquake, tsunami, typhoon or other natural disaster, or the spread of an infectious disease, it may become difficult to form and sell products in the lease fund, domestic real estate fund and overseas real estate fund businesses, which could affect the Group's results.」
The company continues to disclose the risk that turmoil in financial and capital markets, natural disasters and the spread of infectious diseases could make product formation and sales difficult in its 3 core businesses, as well as its response through its risk monitoring framework. - FY2024-Q1RestatedAnnual report
「The company continues to operate in an uncertain environment due to volatility in financial and capital markets and rising prices amid continued global monetary tightening.」
Although uncertainty in the financial and economic environment continued, revenue and profit increased in the quarter. - FY2023-Q2MitigatedAnnual report
「In the lease fund business, the company achieved substantial year-on-year increases in revenue and profit, including a recovery in sales of investments to pre-pandemic levels.」
Regarding the impact of COVID-19 and disruption to the economic environment on project formation and sales, the company explained that sales of investments in the lease fund business had recovered to pre-pandemic levels. - FY2022MitigatedAnnual report
「The company assumed that the effects of COVID-19 would be reduced to pre-pandemic levels during the fiscal year ending September 2023. It performed its accounting procedures after assessing each account and determining the scope of consolidation for its interests in silent partnership investments.」
Regarding disruption to the financial and economic environment caused by COVID-19, the company assumed that its effects would be reduced to pre-pandemic levels during the fiscal year ending September 2023. - FY2022-Q2MitigatedAnnual report
「The company expects its results to recover to pre-pandemic levels as a result of various measures and has determined that the impact of the spread of COVID-19 on its business is becoming limited.」
Regarding the impact of disruption to the economic and financial environment caused by COVID-19 on project formation and sales, the company expects its results to recover to pre-pandemic levels and determined that the impact on its business was limited. - FY2022-Q1RestatedAnnual report
「The outlook became uncertain amid concerns about the spread of infections following the emergence of new variants.」
While describing an economic recovery driven by progress in vaccination programs and the easing of activity restrictions, the company continued to indicate concerns about the spread of infections due to new variants and uncertainty about the outlook. - FY2021-Q3RestatedAnnual report
「During the current third-quarter consolidated cumulative period, the effects of the COVID-19 pandemic continued, and conditions remained severe in both the global and Japanese economies. In Japan, the government declared states of emergency twice, in January and April 2021. However, as vaccination programs progressed in countries around the world, signs of a gradual economic recovery emerged, partly because of the effects of various policies.」
While difficult conditions in the global and Japanese economies and the effects of the pandemic continued, the company also described signs of an economic recovery driven by vaccination programs and the effects of various policies. - FY2021-Q2RestatedAnnual report
「During the current second-quarter consolidated cumulative period, the effects of the COVID-19 pandemic continued, and conditions remained severe in both the global and Japanese economies, with Japan's government declaring a second state of emergency in January. However, as vaccination programs began in countries around the world, signs of a gradual economic recovery emerged, partly because of the effects of various policies.」
While difficult conditions continued in the global and Japanese economies, the company also described signs of an economic recovery driven by vaccination programs and the effects of policies. - FY2021-Q1RestatedAnnual report
「During the current first-quarter consolidated cumulative accounting period, conditions remained severe in both the global and Japanese economies due to the COVID-19 pandemic. However, as countries implemented measures to prevent the spread of infection, signs of a gradual economic recovery emerged, partly because of the effects of various policies.」
Although the economic environment remained severe, the company also described signs of recovery driven by the effects of policies and other factors. Project formation remained cautious, and this was not treated as a significant change in risk. - FY2020WorsenedAnnual report
「The spread of COVID-19 and measures to prevent its spread rapidly worsened economic conditions in countries around the world, particularly the operating environment for the aviation industry. In the operating lease business handled by the company, sales of investments were sluggish as investors became more cautious in their investment decisions amid concerns about the economic outlook and the creditworthiness of airline lessees, while lessees' demand for project formation declined.」
The risk that turmoil in the financial and economic environment would make project formation and sales difficult materialised throughout the year as a 39.5% decline in sales, a 70.5% decline in the amount formed, and lower revenue and profit for the full year. - FY2020-Q3WorsenedAnnual report
「During the current third-quarter consolidated cumulative period, the economic environment deteriorated rapidly worldwide as a result of the spread of COVID-19. In Japan as well, the economy stagnated as the government declared a state of emergency in April, leaving economic conditions weak and extremely severe.」
The risk that turmoil in the global economy and the financial and economic environment would make project formation and sales difficult became more apparent through a significant decline in revenue and profit and restrictions on sales activities during the cumulative third quarter. - FY2020-Q2MaterialisedAnnual report
「During the current second-quarter consolidated cumulative period, the economic environment deteriorated rapidly worldwide as a result of the COVID-19 pandemic, while the operating environment for the aviation industry also deteriorated rapidly amid entry restrictions and activity restrictions in countries around the world. The lease arrangement business was significantly affected, with the amount formed in the lease business and sales of investments declining from the same period of the previous year. As a result, consolidated revenue was ¥8,296 million, down 26.3% year on year, operating income was ¥3,130 million, down 49.4%, ordinary income was ¥3,216 million, down 43.3%, and quarterly net income attributable to owners of the parent was ¥2,212 million, down 43.7%.」
The risk that deterioration in the global economy and disruption of the financial system would make project formation and sales difficult, previously described as a future risk, materialised in the form of a rapid deterioration in economic and aviation industry conditions and a decline in results caused by COVID-19. - FY2018RestatedAnnual report
「If the global economy deteriorates or the financial system becomes unstable, it may become difficult to form operating lease projects and sell investments, which could affect the Group's results.」
The company continues to disclose the risk that a deterioration in the global economy or instability in the financial system could make project formation and sales of investments difficult. - FY2017First statedAnnual report
「If the global economy deteriorates or the financial system becomes unstable, it may become difficult to form operating lease projects and sell investments, which could affect the Group's results.」
Using the Lehman shock as an example, the company separately disclosed the risk that credit contraction and financial system instability could affect project formation and sales of investments.