Legal Regulatory Risks Related to Rent Guarantees
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「There are currently no direct legal regulations governing operators that provide rent guarantees, but if new laws or regulations with a significant impact on the real estate rental industry as a whole are introduced in the future, they could affect the Company’s business.」
The Company continues to identify the risk of an impact on its business from future legal regulations, while stating that there are currently no direct legal regulations. - FY2019RestatedAnnual report
「There are currently no direct legal regulations governing operators that provide rent guarantees, but if new laws or regulations with a significant impact on the real estate rental industry as a whole are introduced in the future, they could affect the Company’s business.」
The Company continues to disclose the risk of an impact on its business from future legal regulations, while stating that there are currently no direct legal regulations. - FY2017WorsenedAnnual report
「Moves toward establishing a registration system have also become apparent, from the perspectives of ensuring the soundness of the rent-guarantee industry as a whole, the proper conduct of business, and tenant protection.」
The disclosure has become more specific, moving from a general reference to future legal regulations to a statement that moves toward establishing an industry registration system have become apparent. - FY2016First statedAnnual report
「If new laws or regulations with a significant impact on the real estate rental industry as a whole are introduced in the future, they could affect the Company’s business.」
Although the Company states that there are currently no direct legal regulations, it identifies potential future regulations as a risk.