Risk of bearing rent payments without rental income due to the failure of an outsourced service provider
First written in FY2016. 12 of 14 entries say "Restated". Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2023Risk of rent payments without operating revenue identified as a key riskAnnual report
「For properties leased for stores, the company will continuously monitor foot traffic and demographic characteristics in candidate areas, propose properties to prospective user groups and obtain their direct feedback. By keeping abreast of actual trends at all times, it will reduce the risk of vacant stores and manage the risk of rent payments without operating revenue.」
In addition to the existing risk of rent payments without operating revenue following the failure of an outsourced service provider, the company expressly identifies rent payments without operating revenue resulting from the absence of a user for a property leased for a store as a key risk, with regular monitoring of foot traffic and demographic characteristics as a mitigation measure. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2019RestatedAnnual report
「If the company must terminate its contract with an existing outsourced service provider due to the provider's failure or other reasons and enter into a contract with a new provider, it may temporarily incur rent payments without operating revenue.」
The company continues to face the risk of incurring rent payments without operating revenue during the period from the failure of an outsourced service provider until a contract is concluded with a replacement provider. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter consolidated period, there were no new business or other risks, nor any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, and no significant changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of incurring rent payments without operating revenue following the failure of an outsourced service provider. - FY2017RestatedAnnual report
「If the company must terminate its contract with an existing outsourced service provider due to the provider's failure or other reasons and enter into a contract with a new provider, it may temporarily incur rent payments without operating revenue.」
The company continues to disclose the risk of incurring rent payments without operating revenue during the period from the failure of an outsourced service provider until a contract is concluded with a replacement provider. - FY2016First statedAnnual report
「If an outsourced service provider fails, the company will incur rent payments without operating revenue until it terminates the contract and finds a new service provider, or until it begins operating the business directly. If such circumstances overlap, they could affect the Group's performance.」
Risk of incurring rent payments without operating revenue during the period from the failure of an outsourced service provider until a replacement provider is secured or the business is brought in-house.