Risk of Tenant Lease Cancellations and Falling Rents
First written in FY2017. 4 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2020: 10 of 26 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「If a tenant's financial condition deteriorates or its lease is canceled due to relocation or other reasons, rental income could decline until a new tenant is secured, or market rents could fall, potentially having a material impact on the financial condition and operating results of the Group.」
The company reconfirms the risks of tenant lease cancellations, declining rental income and falling market rents. - FY2025RestatedAnnual report
「If a tenant's financial condition deteriorates or its lease is canceled due to relocation or other reasons, rental income could decline until a new tenant is secured, or market rents could fall, potentially having a material impact on the financial condition and operating results of the Group.」
The company reconfirms the risks of tenant lease cancellations, declining rental income and falling market rents. - FY2023RestatedAnnual report
「If a tenant's financial condition deteriorates or its lease is canceled due to relocation or other reasons, rental income could decline until a new tenant is secured, or market rents could fall, potentially having a material impact on the financial condition and operating results of the Group.」
The company reconfirms the risks of tenant lease cancellations, declining rental income and falling market rents. - FY2018RestatedAnnual report
「If a tenant's financial condition deteriorates or its lease is canceled due to relocation or other reasons, rental income could decline until a new tenant is secured, or market rents could fall, potentially having a material impact on the financial condition and operating results of the Group.」
The company reiterates the risks of tenant lease cancellations, declining rental income and falling market rents. - FY2017First statedAnnual report
「If a tenant's financial condition deteriorates or its lease is canceled due to relocation or other reasons, rental income could decline until a new tenant is secured, or market rents could fall, potentially having a material impact on the financial condition and operating results of the Group.」
The company identifies as risks the deterioration of tenants' creditworthiness, lease cancellations due to relocation, declines in income until new tenants are secured, and falling market rents.