Credit Risk Associated with Leased Stores and Security and Guarantee Deposits
First written in FY2017. 8 of 10 entries say "Reframed", first in FY2018. Latest entry: FY2026.
HIDAY HIDAKA Corp. moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2022: 5 of 18 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「As of the end of February 2026, 471 of our 472 stores were leased properties. Lease deposits and guarantees accounted for 12.8% of total assets as of the end of February 2026.」
Leased properties comprised 471 of 472 stores, while lease deposits and guarantees changed from 12.6% in the previous disclosure to 12.8% of total assets. - FY2025ReframedAnnual report
「As of the end of February 2025, 454 of our 455 stores were leased properties. Lease deposits and guarantees accounted for 12.6% of total assets as of the end of February 2025.」
The number of leased properties increased to 454 of 455 stores, while lease deposits and guarantees fell from 13% in the previous disclosure to 12.6% of total assets. - FY2024ReframedAnnual report
「As of the end of February 2024, 448 of our 449 stores were leased properties. Lease deposits and guarantees accounted for 13% of total assets as of the end of February 2024.」
Leased stores comprised 448 of 449 stores, while lease deposits and guarantees fell from 15% in the previous disclosure to 13% of total assets, reflecting the expansion in store count and the change in the guarantee ratio. - FY2023ReframedAnnual report
「As of the end of February 2023, 439 of our 440 stores were leased properties. Lease deposits and guarantees accounted for 15% of total assets as of the end of February 2023.」
The number of leased stores changed from 441 of 442 stores in the previous fiscal year to 439 of 440 stores, while lease deposits and guarantees fell from 16.2% to 15% of total assets. - FY2022ReframedAnnual report
「As of the end of February 2022, 441 of our 442 stores were leased properties. Lease deposits and guarantees accounted for 16.2% of total assets as of the end of February 2022. Although we carefully manage credit risk, the financial condition of landlords could prevent the return of lease deposits and guarantees or interfere with the continued operation of stores.」
The number of leased properties increased to 441 of 442 stores, while lease deposits and guarantees fell from 17.3% of total assets in the previous fiscal year to 16.2%. Both the store count and the guarantee ratio were updated. - FY2021WorsenedAnnual report
「As of the end of February 2021, 429 of our 432 stores were leased properties. Lease deposits and guarantees accounted for 17.3% of total assets as of the end of February 2021. Although we carefully manage credit risk, the financial condition of landlords could prevent the return of lease deposits and guarantees or interfere with the continued operation of stores.」
Leased stores comprised 429 of 432 stores, and lease deposits and guarantees accounted for 17.3% of total assets, up from 14.4% in the previous fiscal year. - FY2020ReframedAnnual report
「As of the end of February 2020, 440 of our 443 stores were leased properties. Lease deposits and guarantees accounted for 14.4% of total assets as of the end of February 2020.」
The number of leased stores increased from 426 of 429 stores in the previous fiscal year to 440 of 443 stores, while lease deposits and guarantees fell from 14.9% to 14.4% of total assets. - FY2019ReframedAnnual report
「As of the end of February 2019, 426 of our 429 stores were leased properties. Lease deposits and guarantees accounted for 14.9% of total assets as of the end of February 2019. Although we carefully manage credit risk, the financial condition of landlords could prevent the return of lease deposits and guarantees or interfere with the continued operation of stores.」
The number of leased stores increased from 410 of 413 stores to 426 of 429 stores, while lease deposits and guarantees fell from 15.2% to 14.9% of total assets. - FY2018ReframedAnnual report
「As of the end of February 2018, 410 of our 413 stores were leased properties. Lease deposits and guarantees accounted for 15.2% of total assets as of the end of February 2018. Although we carefully manage credit risk, the financial condition of landlords could prevent the return of lease deposits and guarantees or interfere with the continued operation of stores.」
The number of leased stores increased from 394 of 397 stores to 410 of 413 stores, while lease deposits and guarantees fell from 16.3% to 15.2% of total assets, changing the scale and composition of the risk. - FY2017First statedAnnual report
「As of the end of February 2017, 394 of our 397 stores were leased properties. Lease deposits and guarantees accounted for 16.3% of total assets as of the end of February 2017. Although we carefully manage credit risk, the financial condition of landlords could prevent the return of lease deposits and guarantees or interfere with the continued operation of stores.」
The disclosure states that 394 of 397 stores were leased properties and that lease deposits and guarantees accounted for 16.3% of total assets, presenting credit risk relating to their return and the continuation of store operations.