Risk of failing to collect receivables due to the bankruptcy of developers and other counterparties
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 64 companies on the "Worse" side.
- FY2026RestatedAnnual report
「The Group manages credit risk by regularly monitoring balances and the financial condition of each business partner and considering revisions to settlement terms as necessary.」
The risk of failing to recover sales proceeds deposited with developers and other parties was restated, with monitoring balances and financial condition by business partner and reviewing settlement terms presented as mitigation measures. - FY2023RestatedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
The risk of failing to recover deposits due to the bankruptcy of developers and other parties was restated. - FY2022RestatedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
The risk of failing to recover deposits due to the bankruptcy of developers and other parties was restated. - FY2021RestatedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
The risk of failing to recover deposits due to the bankruptcy of developers and other parties was restated. - FY2018RestatedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
The risk of failing to recover deposits due to the bankruptcy of developers and other parties was restated. - FY2017RestatedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
The risk of failing to recover deposits and accounts receivable due to the bankruptcy of developers and other parties was restated. - FY2016First statedAnnual report
「At most stores, daily sales proceeds are deposited with the shopping-center developer or another party, which the company refers to as funds deposited with developers. If the developer or other party operating the shopping center with which the funds are deposited becomes insolvent, the full amount may not be recoverable.」
This is a counterparty credit risk arising because most store sales are conducted at leased premises in shopping centers.