Risk of a Mismatch Between the Depreciation Period for Rental Assets and the Sales Period
First written in FY2016. 20 of 22 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 3 of 11 companies on the "Worse" side.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer. Therefore, during a period of expansion in the rental business, rental revenue may not be recorded in an amount sufficient to offset the increase in depreciation recognized as cost of sales, potentially contributing to a deterioration in annual business performance.」
The company continues to disclose both the risk that the depreciation burden may precede revenue during expansion of the rental business and its response through the setting of rental rates and utilization periods. - FY2025RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer.」
The company continues to disclose both the risk that the depreciation burden may precede revenue and its policy of addressing it through rental rates and utilization periods. - FY2024RestatedAnnual report
「Although the life cycle differs by product, in principle we set rental rates and rental utilization periods so that rental revenue exceeds the initial cost.」
In response to the risk of a mismatch between the depreciation period of rental assets and the revenue period, the company continues to set rental rates and utilization periods so that revenue exceeds the initial cost. - FY2022MitigatedAnnual report
「In principle, we set rental rates and rental utilization periods so that rental revenue exceeds the initial cost.」
In response to the risk of a mismatch between the depreciation period and the rental revenue period, the company explicitly states that it sets rental rates and utilization periods so that rental revenue exceeds the initial cost. - FY2021RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer.」
The risk that the depreciation burden may precede revenue during expansion of the rental business continues to be disclosed. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2020RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer. Therefore, during a period of expansion in the rental business, rental revenue may not be recorded in an amount sufficient to offset the increase in depreciation recognized as cost of sales, potentially contributing to a deterioration in annual business performance.」
The risk that the depreciation burden may precede revenue during expansion of the rental business continues to be disclosed. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended March 31. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2019RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer. Therefore, during a period of expansion in the rental business, rental revenue may not be recorded in an amount sufficient to offset the increase in depreciation recognized as cost of sales, potentially contributing to a deterioration in annual business performance.」
The risk that the depreciation burden may precede revenue during expansion of the rental business continues to be disclosed. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended March 31. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended March 31. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2017RestatedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer. Therefore, during a period of expansion in the rental business, rental revenue may not be recorded in an amount sufficient to offset the increase in depreciation recognized as cost of sales, potentially contributing to a deterioration in annual business performance.」
The risk that depreciation may precede rental revenue during expansion of the rental business continues to be disclosed. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The disclosure comprehensively states that there have been no material changes to the risk of a mismatch between the depreciation period of rental assets and the rental revenue period. - FY2016First statedAnnual report
「However, the depreciation period for the amount invested in rental assets does not necessarily match the rental revenue period after the assets are deployed, and the rental revenue period is normally longer. Therefore, during a period of expansion in the rental business, rental revenue may not be recorded in an amount sufficient to offset the increase in depreciation recognized as cost of sales, potentially contributing to a deterioration in annual business performance.」
The disclosure states that, during expansion of the rental business, depreciation may precede revenue and potentially contribute to a deterioration in business performance.