Risk of Decline in Residual Values of Leased Assets
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2024.
3 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「If the leased asset is sold at a price below the originally assumed sale price, or depending on the terms of a re-lease, the operating lease business's operating results and earnings may deteriorate, potentially causing investors to incur losses.」
The company continues to disclose the risk of deteriorating operating results due to lower sale prices for leased assets and re-lease terms. - FY2018RestatedAnnual report
「If the leased asset is sold at a price below the originally assumed sale price, or depending on the terms of a re-lease, the operating lease business's operating results and earnings may deteriorate, potentially causing investors to incur losses.」
The company continues to describe the risk of deteriorating operating results due to lower sale prices for leased assets and re-lease terms. - FY2017RestatedAnnual report
「If the leased asset is sold at a price below the originally assumed sale price, or depending on the terms of a re-lease, the operating lease business's operating results and earnings may deteriorate, potentially causing investors to incur losses.」
The company continues to disclose the risk of deteriorating operating results due to lower sale prices for leased assets and re-lease terms. - FY2016First statedAnnual report
「If the leased asset can only be sold at a price below the originally assumed sale price, the operating lease business's operating results may deteriorate, potentially causing investors in the business to incur losses.」
While residual value guarantees provided by residual value guarantee companies may be used, the company indicated the possibility of investor losses and lower sales resulting from sales below the assumed sale price.