Concentration of requests for refunds of golf club membership deposits
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2022.
1 other company's latest entry also says "Restated".
- FY2022RestatedAnnual report
「Although we are responding to requests for repayment of membership deposits and proceeding with repayments, a sharp decline in golf demand or unexpected reputational damage could lead to a surge in such requests, potentially affecting the Group's financial position.」
ゴルフ需要低下等による入会預託金の償還要請集中リスクを継続している。 - FY2021RestatedAnnual report
「Although we are responding to requests for repayment of membership deposits and proceeding with repayments, a sharp decline in golf demand or unexpected reputational damage could lead to a surge in such requests, potentially affecting the Group's financial position.」
ゴルフ需要低下等による預託金償還要請集中の財務リスクを継続して記載している。 - FY2020RestatedAnnual report
「Although we are responding to requests for repayment of membership deposits and proceeding with repayments, a sharp decline in golf demand or unexpected reputational damage could lead to a surge in such requests, potentially affecting the Group's financial position.」
ゴルフ需要低下等による預託金償還要請集中の財務リスクを継続して記載している。 - FY2018RestatedAnnual report
「ゴルフ会員向けのサービスとして、当社グループの種々の施設を利用したメンバー優待制度、65歳以上の会員は親族に名義変更でき本人はそのまま名誉シニア会員となれる制度、既存会員の紹介により手頃な価格で既存会員の会員権を分与できる選択制会員権制度など、会員数の増加や、プレー人員の確保に努めております。」
会員数・プレー人員確保の施策を示す一方、預託金の償還要請集中による財務影響リスクも引き続き記載している。 - FY2016First statedAnnual report
「Although we are responding to requests for repayment of membership deposits and proceeding with repayments, a sharp decline in golf demand or unexpected reputational damage could lead to a surge in such requests, potentially affecting the Group's financial position.」
The concentration of redemption requests is identified as a financial risk. Golf course membership deposits of ¥2,909,042 thousand are recorded as long-term deposits received.