Risk of Natural Disasters and Concentration of Real Estate in the Greater Tokyo Area
First written in FY2016. 17 of 18 entries say "Restated". Latest entry: FY2025.
4 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a natural disaster such as an earthquake, windstorm or flood, or a human-caused disaster such as war, civil unrest, terrorism or fire occurs, the value of the real estate owned by the Group could fall significantly, which could affect the Group’s operating results. In addition, the Group’s real estate holdings are concentrated in the Tokyo metropolitan area, centered on Tokyo, taking into account the scale of the economy and customer needs. Earthquakes and other disasters in that region, deterioration in the Tokyo metropolitan economy and other factors could affect the Group’s operating results.」
The risk of an impact on operating results from natural and human-caused disasters and the concentration of real estate in the Tokyo metropolitan area, centered on Tokyo, continues. - FY2022RestatedAnnual report
「The Group’s real estate holdings are concentrated in the Tokyo metropolitan area, centered on Tokyo, taking into account the scale of the economy and customer needs. Earthquakes and other disasters in that region, deterioration in the Tokyo metropolitan economy and other factors could affect the Group’s operating results.」
The risk of an impact on operating results from natural disasters and the concentration of real estate in the Tokyo metropolitan area is reiterated. - FY2021RestatedAnnual report
「The Group’s real estate holdings are concentrated in the Tokyo metropolitan area, centered on Tokyo, taking into account the scale of the economy and customer needs. Earthquakes and other disasters in that region, deterioration in the Tokyo metropolitan economy and other factors could affect the Group’s operating results.」
The risk of an impact on operating results from natural disasters and the concentration of real estate in the Tokyo metropolitan area is reiterated. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The treatment of the risk of an impact on operating results from natural disasters and the concentration of real estate in the Tokyo metropolitan area continues to be that there have been no material changes. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The treatment of the risk of an impact on operating results from natural disasters and the concentration of real estate in the Tokyo metropolitan area continues to be that there have been no material changes. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2019RestatedAnnual report
「The Group’s real estate holdings are concentrated in the Tokyo metropolitan area, centered on Tokyo, taking into account the scale of the economy and customer needs. Earthquakes and other disasters in that region, deterioration in the Tokyo metropolitan economy and other factors could affect the Group’s operating results.」
The risk of an impact on operating results from natural disasters and the concentration of real estate in the Tokyo metropolitan area is reiterated. - FY2019-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2018-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2018-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2017-Q3RestatedAnnual report
「During the first nine months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2017-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are identified regarding the risks of natural disasters and concentration of real estate in the Tokyo metropolitan area. - FY2016First statedAnnual report
「The Group’s real estate holdings are concentrated in the Tokyo metropolitan area, centered on Tokyo, taking into account the scale of the economy and customer needs. Earthquakes and other disasters in that region, deterioration in the Tokyo metropolitan economy and other factors could affect the Group’s operating results.」
The disclosure identifies the risk of regional concentration arising from the concentration of real estate holdings in the Tokyo metropolitan area, in addition to disasters such as earthquakes, windstorms and floods.