Risk relating to continued use and early termination of leased real estate
First written in FY2025. 2 of 3 entries say "Materialised", first in 2026-09-29. Latest entry: 2026-10-01.
Imperial Hotel moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Materialised".
- 2026-10-01Materialisedfinance.yahoo.co.jp
「The company announced on the 29th that The Crest Hotel Kashiwa in Kashiwa, Chiba Prefecture, will cease operations on 30 September 2027.」
It was reported that The Crest Hotel Kashiwa will cease operations on 30 September 2027 upon expiration of the building lease agreement. - 2026-09-29MaterialisedOccurring Fact
「We have decided to end operations at The Crest Hotel Kashiwa upon the expiry of the lease agreement on 30 September 2027, and hereby announce the details below.」
The risk relating to the continued use and renewal of leased real estate was illustrated by the specific decision to end hotel operations upon expiry of the lease agreement. - FY2025First statedAnnual report
「In its hotel business, the Company has long-term leases for certain hotel facilities and land. If continued use of the relevant real estate becomes difficult or the leases are not renewed when they expire, the Company's operating results may be affected. In addition, if a long-term lease is terminated early for any reason, the Company may be required to pay rent or provide compensation for a portion of the unexpired rent covering the remaining lease term.」
The risks relating to long-term leases of hotel facilities and land, including difficulty maintaining continued use, inability to renew leases, and obligations to pay rent or provide compensation upon early termination, were described separately for the first time.