Non-repayment of security deposits and guarantee deposits due to deterioration in the creditworthiness of store landlords
First written in FY2022. 2 of 4 entries say "Worsened", first in FY2023. Latest entry: FY2026-H1.
Decollte Holdings moved to the "Worse" side of this theme in 2023, 2 years after the typical company in this theme (2021).
The whole theme swung hardest in 2026: 11 of 28 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026-H1MitigatedAnnual report
「The fair value of security deposits and long-term borrowings is classified as Level 2. Long-term borrowings include long-term borrowings due for repayment within one year.」
The carrying amount of security deposits decreased from ¥567.208 million in the previous fiscal year to ¥546.089 million, reducing the amount subject to the risk of becoming unrecoverable if landlords' creditworthiness deteriorates. - FY2025WorsenedAnnual report
「The Group reported security deposits and guarantee deposits of ¥567.208 million paid to landlords under building lease agreements as of the end of the consolidated fiscal year.」
Security deposits and guarantee deposits subject to the risk of becoming unrecoverable increased from ¥541.749 million in the previous fiscal year to ¥567.208 million. - FY2023WorsenedAnnual report
「Security deposits and guarantee deposits of ¥541.749 million paid to landlords under building lease agreements were reported as of the end of the consolidated fiscal year.」
Security deposits and guarantee deposits subject to the risk of becoming unrecoverable due to deterioration in landlords' creditworthiness increased from ¥470.445 million in the previous fiscal year to ¥541.749 million. - FY2022First statedAnnual report
「Security deposits and guarantee deposits of ¥470.445 million paid to landlords under building lease agreements were reported as of the end of the consolidated fiscal year. If a landlord's financial condition deteriorates and the deposits become unrecoverable, bad-debt losses may arise to the extent that they cannot be offset against rent and demolition costs, potentially affecting the Group's financial condition and operating results.」
Identifies the possibility that security deposits and guarantee deposits of ¥470.445 million related to store leases may become unrecoverable or result in bad-debt losses if landlords' creditworthiness deteriorates.