Cash flow risk arising from sales guarantees for indoor cemeteries
First written in FY2016. 11 of 27 entries say "Worsened", first in FY2017. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the consolidated fiscal year to December 2026 is ¥144 million.」
The sales guarantee deposit was ¥3,184 million, while the maximum sales guarantee amount through December 2026 decreased to ¥144 million from the previously reported ¥240 million. - 2026-05-26MitigatedGeneral Meetings of Shareholders
「当連結会計年度末から2026年12月までの販売保証額は最大で144百万円であります。」
販売保証額の最大額を144百万円と記載した。 - FY2026-H1MitigatedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the interim consolidated accounting period to December 2026 is ¥240 million.」
The sales guarantee deposit was ¥3,287 million on the balance sheet, while the maximum sales guarantee amount decreased from the previously reported ¥799 million to ¥240 million. - FY2025-H1The maximum sales guarantee amount decreased to ¥799 millionAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the interim accounting period to December 2026 is ¥799 million.」
The sales guarantee deposit decreased from ¥3,441 million at the end of the previous fiscal year to ¥3,429 million, while the maximum sales guarantee amount through December 2026 decreased from ¥1,231 million to ¥799 million. - FY2024The sales guarantee deposit increased while the maximum guarantee amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the fiscal year to December 2026 is ¥1,231 million.」
The sales guarantee deposit increased from ¥3,085 million at the end of the previous fiscal year to ¥3,441 million, while the maximum sales guarantee amount through December 2026 decreased from ¥2,344 million to ¥1,231 million. - FY2024-Q3The sales guarantee deposit increased while the maximum guarantee amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the third quarter to December 2026 is ¥1,468 million.」
The sales guarantee deposit increased from ¥3,085 million at the end of the previous fiscal year to ¥3,400 million, while the maximum sales guarantee amount through December 2026 decreased from ¥1,739 million in the previous quarter to ¥1,468 million. - FY2024-Q2Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the second quarter to December 2026 is ¥1,739 million.」
The sales guarantee deposit increased from ¥3,085 million at the end of the previous fiscal year to ¥3,300 million, while the maximum sales guarantee amount through December 2026 decreased from ¥2,344 million to ¥1,739 million. - FY2024-Q1Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee deposit increased by ¥109 million through deposits under the sales guarantee agreement and other factors, rising by ¥167 million from the end of the previous fiscal year to ¥18,386 million. The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the first quarter to December 2026 is ¥2,031 million.」
The sales guarantee deposit increased from ¥3,085 million at the end of the previous fiscal year to ¥3,194 million, while the maximum sales guarantee amount through December 2026 decreased from ¥2,344 million to ¥2,031 million. - FY2023Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the fiscal year to December 2026 is ¥2,344.464 million.」
The sales guarantee deposit increased from ¥2,570.939 million at the end of the previous fiscal year to ¥3,085.305 million, while the maximum sales guarantee amount decreased from ¥3,654.049 million to ¥2,344.464 million. - FY2023-Q3Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「Although the sales guarantee deposit increased by ¥391 million, cash and deposits decreased by ¥442 million, and the sales guarantee deposit increased from ¥2,570.939 million to ¥2,962.301 million. The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the third quarter to December 2026 is ¥2,641.879 million.」
The indoor cemetery sales guarantee deposit increased by ¥391 million from the end of the previous fiscal year to ¥2,962.301 million, while the maximum sales guarantee amount through December 2026 decreased from ¥2,976.059 million in the previous quarter to ¥2,641.879 million. - FY2023-Q2Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the second quarter to December 2026 is ¥2,976.059 million.」
The sales guarantee deposit increased from ¥2,570.939 million at the end of the previous fiscal year to ¥2,823.852 million, while the maximum sales guarantee amount through December 2026 decreased from ¥3,654.049 million at the end of the previous fiscal year to ¥2,976.059 million. - FY2023-Q1Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum sales guarantee amount from the end of the first quarter to December 2026 is ¥3,307.698 million.」
The sales guarantee deposit increased from ¥2,570.939 million at the end of the previous fiscal year to ¥2,709.259 million, while the maximum sales guarantee amount through December 2026 decreased from ¥3,654.049 million at the end of the previous fiscal year to ¥3,307.698 million. - FY2022Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current consolidated fiscal year through December 2026 is ¥3,654,049 thousand.」
The sales guarantee deposit increased from ¥2,010.485 million at the end of the previous fiscal year to ¥2,570.939 million, while the maximum sales guarantee amount decreased from ¥3,973.266 million to ¥3,654.049 million. - FY2022-Q3Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current third quarter consolidated accounting period through December 2026 is ¥3,973,266 thousand.」
Sales guarantee deposits increased from ¥2,010,485 thousand at the end of the previous consolidated fiscal year to ¥2,429,727 thousand, while the maximum guaranteed sales amount decreased from ¥4,317,451 thousand in the previous quarter to ¥3,973,266 thousand. - FY2022-Q2Sales guarantee deposits increased while the maximum guaranteed amount decreasedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current second quarter consolidated accounting period through December 2026 is ¥4,317,451 thousand.」
Sales guarantee deposits increased from ¥2,010,485 thousand at the end of the previous consolidated fiscal year to ¥2,300,309 thousand, while the maximum guaranteed sales amount decreased from ¥4,642,654 thousand in the previous quarter to ¥4,317,451 thousand. - FY2022-Q1WorsenedAnnual report
「Sales guarantee deposits increased from ¥2,010,485 thousand to ¥2,176,622 thousand. The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current first quarter consolidated accounting period through December 2026 is ¥4,642,654 thousand.」
The deposit under the indoor cemetery sales guarantee increased by ¥166 million from the end of the previous consolidated fiscal year, and the maximum guaranteed sales amount through December 2026 was disclosed as ¥4,642.654 million. - FY2021WorsenedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current consolidated fiscal year through December 2026 is ¥4,980,080 thousand.」
Sales guarantee deposits were ¥2,010,485 thousand at the end of the current fiscal year, up from ¥1,356,661 thousand at the end of the previous fiscal year. The disclosed sales guarantee exposure is a maximum of ¥4,980.08 million through December 2026. - FY2021-Q3WorsenedAnnual report
「Cash and deposits increased by ¥878 million due to deferrals of social insurance premium and consumption tax payments, among other factors, while sales guarantee deposits increased by ¥499 million due to deposits made under sales guarantee agreements, among other factors.」
Sales guarantee deposits under indoor cemetery sales guarantee agreements increased by ¥499 million from the end of the previous consolidated fiscal year, increasing the funds tied up. The sales guarantee period runs through December 2026 at the latest, and the maximum guaranteed amount disclosed is ¥5,298.528 million. - FY2021-Q2WorsenedAnnual report
「The balance increased by ¥916 million from the end of the previous consolidated fiscal year to ¥17,813 million, primarily due to a ¥346 million increase in sales guarantee deposits. The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current second quarter consolidated accounting period through December 2026 is ¥5,639,299 thousand.」
The balance of sales guarantee deposits increased by ¥346 million from the end of the previous fiscal year, increasing the funds tied up in indoor cemetery sales guarantees. The maximum guaranteed sales amount was disclosed as ¥5,639.299 million, with the period running through December 2026. - FY2021-Q1WorsenedAnnual report
「The sales guarantee period under this agreement runs through December 2026 at the latest, and the maximum guaranteed sales amount from the end of the current first quarter consolidated accounting period through December 2026 is ¥5,977,543 thousand.」
The maximum sales guarantee period was extended through December 2026, and the maximum guaranteed sales amount was disclosed as ¥5,977.543 million. The balance of sales guarantee deposits was also ¥1,564.221 million. - FY2020-Q3WorsenedAnnual report
「The amount deposited under the sales guarantee was ¥1,249,109 thousand at the end of the current third quarter consolidated accounting period and was included in business security deposits. If sales exceed the target amount, the religious corporation will return the amount to us. The sales guarantee period under this agreement runs through July 2025 at the latest, and the maximum guaranteed sales amount from the end of the current third quarter consolidated accounting period through July 2025 is ¥5,104,027 thousand.」
The deposit under the sales guarantee increased from ¥1,128,962 thousand at the end of the second quarter to ¥1,249,109 thousand. The sales guarantee period continues through July 2025 at the latest. - FY2020-Q2WorsenedAnnual report
「The amount deposited under the sales guarantee was ¥1,128,962 thousand at the end of the current second quarter consolidated accounting period and was included in business security deposits. If sales exceed the target amount, the religious corporation will return the amount to us. The sales guarantee period under this agreement runs through July 2025 at the latest, and the maximum guaranteed sales amount from the end of the current second quarter consolidated accounting period through July 2025 is ¥5,338,834 thousand.」
The deposit under the sales guarantee increased from ¥1,076,285 thousand at the end of the first quarter to ¥1,128,962 thousand. The sales guarantee period continues through July 2025 at the latest. - FY2020-Q1WorsenedAnnual report
「The amount deposited under the sales guarantee was ¥1,076,285 thousand at the end of the current first quarter consolidated accounting period and was included in business security deposits. If sales exceed the target amount, the religious corporation will return the amount to us. The sales guarantee period under this agreement runs through July 2025 at the latest, and the maximum guaranteed sales amount from the end of the current first quarter consolidated accounting period through July 2025 is ¥5,658,523 thousand.」
The deposit under the sales guarantee was ¥1,076.285 million, up from ¥1,000.945 million at the end of the previous fiscal year. The sales guarantee period continues through July 2025 at the latest. - FY2019WorsenedAnnual report
「The amount deposited under the sales guarantee was ¥1,000,945 thousand at the end of the current fiscal year, compared with ¥767,836 thousand at the end of the previous fiscal year, and was included in business security deposits. If sales exceed the target amount, the religious corporation will return the amount to us. The sales guarantee period under this agreement runs through July 2025 at the latest, and the maximum guaranteed sales amount from the end of the current fiscal year through July 2025 is ¥5,888,725 thousand.」
The security deposit under the indoor cemetery sales guarantee increased from ¥767.836 million to ¥1,000.945 million, and the period and maximum amount of the sales guarantee, up to ¥5,888.725 million through July 2025, were also disclosed. - FY2018WorsenedAnnual report
「As of the end of March 2018, the balance of sales guarantees was ¥5,856 million, and we had deposited ¥767 million in security deposits, which were recorded as business security deposits.」
The balance of sales guarantees increased from ¥5,159 million at the end of the previous fiscal year to ¥5,856 million, while security deposits increased from ¥600 million to ¥767 million. - FY2017WorsenedAnnual report
「As of the end of March 2017, the balance of sales guarantees was ¥5,159 million, and we had deposited ¥600 million in security deposits, which were recorded as business security deposits.」
For the first time, quantified the exposure as a ¥5,159 million balance of sales guarantees for indoor cemeteries and ¥600 million in security deposits. - FY2016First statedAnnual report
「Sales of indoor cemeteries are subject to guarantees of sales amounts at specified intervals under sales outsourcing agreements. If sales fall short of the guaranteed sales amount for the relevant period, the shortfall must be deposited as a security deposit, which may affect our cash flow.」
Contractual risk that a security deposit will be required if sales fall short of the guaranteed amount for a specified period.