Credit Risk of Landlords
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 12 of 30 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For these lease deposits, the Company assesses creditworthiness when the lease begins and seeks to keep credit risk minimal by monitoring the credit standing of the contractual counterparties when contracts are renewed and at other appropriate times.」
The Company continues to disclose the risk of failing to recover lease deposits if property owners become insolvent or otherwise, and cites credit assessments and monitoring the credit standing of contractual counterparties as countermeasures. - FY2021RestatedAnnual report
「If a corporate or individual owner of a building becomes insolvent or otherwise falls into financial difficulty, making it difficult to continue using the building or collect receivables, this could affect the performance of our group.」
The risk of losing use of stores and recovering security deposits due to the bankruptcy or other failure of landlords remains. - FY2019RestatedAnnual report
「If a corporate or individual owner of a building becomes insolvent or otherwise falls into financial difficulty, making it difficult to continue using the building or collect receivables, this could affect the performance of our group.」
The risk of losing use of stores and recovering security deposits due to the bankruptcy or other failure of landlords remains. - FY2018RestatedAnnual report
「If a corporate or individual owner of a building becomes insolvent or otherwise falls into financial difficulty, making it difficult to continue using the building or collect receivables, this could affect the performance of our group.」
Continues to disclose the credit risk of landlords. - FY2017RestatedAnnual report
「If a corporate or individual owner of a building becomes insolvent or otherwise falls into financial difficulty, making it difficult to continue using the building or collect receivables, this could affect the performance of our group.」
Continues to disclose the credit risk of landlords. - FY2016First statedAnnual report
「If a corporate or individual owner of a building becomes insolvent or otherwise falls into financial difficulty, making it difficult to continue using the building or collect receivables, this could affect the performance of our group.」
Regarding security deposits associated with leased restaurants, it identifies as risks the difficulty of continuing to use the premises and recovering the deposits if the property owner becomes insolvent or otherwise falls into financial difficulty.