Quarterly fluctuations in deal origination driven by the timing of tenants’ capital investment
First written in FY2017-Q1. 4 of 5 entries say "Restated". Latest entry: FY2020-Q1.
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- FY2020-Q1RestatedAnnual report
「Lease business origination decreased to ¥51,483 million, down 73.9% year on year, partly because origination is expected to increase from the second quarter onward.」
Although first-quarter origination was at a low level, the company reaffirmed the characteristic of quarterly fluctuations, with origination expected to increase from the second quarter onward. - FY2019-Q1RestatedAnnual report
「Lease transaction origination increased substantially year on year to a quarterly record of ¥197,359 million, up 83.6% year on year.」
Given the business characteristic of significant quarterly fluctuations in project origination, the first quarter recorded the highest origination amount ever. - FY2017-Q3RestatedAnnual report
「Lease transaction origination amounted to ¥196,279 million, comprising ¥105,441 million in the six-month cumulative second quarter and ¥90,837 million in the three-month third quarter, down 38.5% year on year.」
This demonstrates the business characteristic of quarterly fluctuations in project origination, with origination in the third quarter alone reaching a level close to the cumulative amount through the second quarter. - FY2017-Q2RestatedAnnual report
「The amount of lease business origination fluctuates significantly from quarter to quarter depending on the timing of lessees' capital investment. As substantial project origination is expected from the third quarter onward of the current fiscal year, origination during the six months ended the second quarter represented 26.4% of the projected full-year amount of ¥400,000 million, which is 5.6% above the previous year's actual result.」
The company reaffirmed the business characteristic of quarterly fluctuations in origination and explained that the progress rate for the six months ended the second quarter was 26.4%, with substantial project origination expected from the third quarter onward. - FY2017-Q1First statedAnnual report
「The amount of lease business origination fluctuates significantly from quarter to quarter depending on the timing of lessees' capital investment.」
The company highlighted the business characteristic that project origination amounts fluctuate significantly each quarter depending on the timing of lessees' capital investment. The progress rate for the first quarter of the fiscal year ended September 2017 was 11.7%, with project origination expected from the second quarter onward.