Recovery risk associated with business guarantee deposits for acquiring grave construction rights
First written in FY2016. 5 of 20 entries say "Worsened", first in FY2021. Latest entry: FY2026.
Hasegawa moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Of the 116 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The number of corporations receiving business security deposits increased from the previously stated 112 to 116. The balance of business security deposits was ¥3,051 million, and the allowance for doubtful accounts was ¥388 million. - 2026-05-26WorsenedGeneral Meetings of Shareholders
「営業保証金の連結貸借対照表計上額 3,051百万円 当連結会計年度の連結計算書類に計上した貸倒引当金額 388百万円」
営業保証金3,051百万円に対し、貸倒引当金388百万円を計上し、回収可能性の評価と追加計上可能性を記載した。 - FY2026-H1WorsenedAnnual report
「Of the 112 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits increased from the previously stated 107 to 112. - FY2025-H1Total number of corporations receiving business security deposits decreased to 107Annual report
「Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from 111 in the previous fiscal year to 107. - FY2024Total number of corporations receiving business security deposits increased to 111Annual report
「Of the 111 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from 108 in the previous fiscal year to 111. - FY2024-Q3Total number of corporations receiving business security deposits increased to 107Annual report
「Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from the previously stated 106 to 107. - FY2024-Q2Total number of corporations receiving business security deposits decreased to 106Annual report
「Of the 106 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from 108 at the end of the previous fiscal year to 106. - FY2024-Q1Total number of corporations receiving business security deposits decreased to 107Annual report
「Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from 108 at the end of the previous fiscal year to 107. - FY2023Total number of corporations receiving business security deposits increased to 108Annual report
「Of the 108 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from the previously stated 107 to 108. - FY2023-Q3Total number of corporations receiving business security deposits decreased to 107Annual report
「Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from the previously stated 109 to 107. - FY2023-Q2Total number of corporations receiving business security deposits increased to 109Annual report
「Of the 109 corporations to which we have provided business security deposits, an overview of the contracts with the 5 principal corporations is as follows.」
The total number of corporations receiving business security deposits changed from 105 at the end of the previous fiscal year to 109. - FY2023-Q1Total number of corporations receiving business security deposits increasedAnnual report
「Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 corporations having the largest balances is as follows.」
The total number of corporations receiving business security deposits changed from 105 stated at the end of the previous fiscal year to 107. - FY2022RestatedAnnual report
「Of the 105 corporations to which we have provided business security deposits, an overview of the contracts with the 5 corporations having the largest balances is as follows.」
Continues to disclose the 105 corporations receiving business security deposits and the related risks, including prolonged recovery periods and licensing and approval issues. - FY2022-Q37 new recipient corporations, bringing the total to 105 corporationsAnnual report
「During the current third quarter consolidated accounting period, we provided business security deposits to 7 corporations. Of the 105 corporations to which we have provided business security deposits, an overview of the contracts with the 5 corporations having the largest balances is as follows.」
Stated that business security deposits were newly provided to 7 corporations in the third quarter, while the total number of recipient corporations was 105. - FY2022-Q2Total number of corporations receiving business security deposits changedAnnual report
「During the current second quarter consolidated accounting period, we provided business security deposits to 6 additional corporations. Of the 105 corporations to which we have provided business security deposits, an overview of the contracts with the 5 corporations having the largest balances is as follows.」
While business security deposits were newly provided to 6 corporations, the number of recipient corporations changed from 107 stated for the previous quarter to 105. - FY2022-Q1WorsenedAnnual report
「During the current first quarter consolidated accounting period, we provided business security deposits to 8 additional corporations. Of the 107 corporations to which we have provided business security deposits, an overview of the contracts with the 5 corporations having the largest balances is as follows.」
States that business security deposits related to the acquisition of cemetery development rights were newly provided to 8 corporations, bringing the total number of recipient corporations to 107. - FY2021WorsenedAnnual report
「Business security deposits for cemeteries that have already opened may take a long time to recover due to customer trends and changes in the environment surrounding each cemetery.」
In addition to the existing risks of abandoned development projects and licensing and approval issues, explicitly identified the possibility that recovery may take longer even for cemeteries that have already opened due to customer trends and environmental changes. - FY2018RestatedAnnual report
「Before providing business security deposits for their acquisition, we give sufficient consideration to avoiding business risks such as the abandonment of development plans and poor sales after a cemetery opens. However, because cemeteries are operated under a licensing system administered by local governments, unforeseen circumstances may arise, such as permission to open a cemetery being denied or an existing permit being revoked.」
Continues to identify the risk that business security deposits may not be recovered due to abandoned development projects, poor sales and licensing and approval issues associated with acquiring cemetery development rights. - FY2017RestatedAnnual report
「Before providing business security deposits for their acquisition, we give sufficient consideration to avoiding business risks such as the abandonment of development plans and poor sales after a cemetery opens. However, because cemeteries are operated under a licensing system administered by local governments, unforeseen circumstances may arise, such as permission to open a cemetery being denied or an existing permit being revoked.」
Continues to identify the risk that security deposits may not be recovered due to abandoned development projects, poor sales and licensing and approval issues associated with acquiring cemetery development rights. - FY2016First statedAnnual report
「Before providing business security deposits for their acquisition, we give sufficient consideration to avoiding business risks such as the abandonment of development plans and poor sales after a cemetery opens. However, because cemeteries are operated under a licensing system administered by local governments, unforeseen circumstances may arise, such as permission to open a cemetery being denied or an existing permit being revoked. If, as a result, it is determined that recovering part or all of a business security deposit will be difficult, this may affect our results, including through the recognition of an allowance for doubtful accounts.」
Identifies the possibility that security deposits may become unrecoverable due to abandoned cemetery development projects, licensing and approval issues, and poor sales.