Risk of Delayed Revenue Recognition and Economic Fluctuations Due to Prolonged Hotel Development
First written in FY2017. 12 of 13 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 2 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no material changes in the occurrence of major risks that management recognizes may materially affect the financial position, operating results or cash flows of the consolidated companies, among the matters relating to the business and financial conditions described in this interim report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2023RestatedAnnual report
「The period during which revenue such as hotel accommodation income cannot be recognised may lengthen, and the relatively long business period may increase exposure to economic fluctuations, potentially affecting the Group's operating results and financial position.」
The company continues to disclose the prolonged completion period, delayed revenue recognition and increased sensitivity to economic fluctuations associated with hotel development starting with land acquisition. - 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 company states that there have been no material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2020-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2020-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2019RestatedAnnual report
「In such cases, because a considerable period is required until completion, the period during which revenue such as hotel accommodation income cannot be recognised may lengthen. In addition, the relatively long business period may increase exposure to economic fluctuations, potentially affecting the Group's operating results and financial position.」
The company continues to disclose the prolonged development period, delayed revenue recognition and increased sensitivity to economic fluctuations associated with hotel development starting with land acquisition. - 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 and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2018RestatedAnnual report
「In such cases, because a considerable period is required until completion, the period during which revenue such as hotel accommodation income cannot be recognised may lengthen. In addition, the relatively long business period may increase exposure to economic fluctuations, potentially affecting the Group's operating results and financial position.」
The company continues to disclose the prolonged completion period, delayed revenue recognition and increased sensitivity to economic fluctuations associated with hotel development starting with land acquisition. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative consolidated period under review, there were no new business or other risks, and no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - 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 and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no new occurrences or material changes regarding the risk of delayed revenue recognition and exposure to economic fluctuations due to prolonged hotel development. - FY2017First statedAnnual report
「In such cases, because a considerable period is required until completion, the period during which revenue such as hotel rental and accommodation income cannot be recognised may lengthen. In addition, the relatively long business period may increase exposure to economic fluctuations, potentially affecting the Group's operating results and financial position.」
For hotel development starting with land acquisition, as distinct from the redevelopment of existing properties, the company has for the first time identified prolonged construction periods, delayed revenue recognition and increased sensitivity to economic fluctuations as specific risks.