Preparation for Branch Office Relocation
First written in FY2024-Q1. 2 of 4 entries say "Advanced", first in FY2024-H1. Latest entry: FY2025.
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- FY2025DroppedAnnual reportNo explanation of preparations for or progress on the branch relocation was identified in this filing; the existing Kansai branch is listed as a sales location.
- FY2024AdvancedAnnual report
「Total capital expenditures for the consolidated fiscal year were ¥63,471 thousand. The main items were ¥28,718 thousand of software development costs associated with new service development and ¥34,752 thousand for construction work and purchases of PCs for employees in connection with the branch relocation.」
The company recorded ¥34,752 thousand of tangible fixed-asset acquisitions related to the branch relocation and lists the Kansai branch in Kita-ku, Osaka, as a sales location with its main facilities. - FY2024-H1AdvancedAnnual report
「Property, plant and equipment and intangible assets totaled ¥165,225 thousand, an increase of ¥79,480 thousand from the end of the previous fiscal year. This was mainly due to a ¥19,923 thousand increase in building fixtures and a ¥25,031 thousand increase in security deposits associated with branch relocation, and a ¥17,597 thousand increase in intangible assets associated with new service development.」
The company recorded ¥19,923 thousand of building fixtures and ¥25,031 thousand of security deposits associated with branch relocation, advancing from relocation preparation to recording facilities and deposits related to the move. - FY2024-Q1First statedAnnual report
「Property, plant and equipment and intangible assets totaled ¥143,793 thousand, an increase of ¥58,047 thousand from the end of the previous fiscal year. This was mainly due to a ¥19,200 thousand increase in intangible assets associated with new service development, a ¥26,662 thousand increase in security deposits for the planned branch relocation, and a ¥9,069 thousand increase in construction in progress.」
The increase in security deposits and construction in progress associated with preparations for branch relocation is disclosed for the first time as a reason for the increase in fixed assets. No details of the timing or purpose of the relocation are provided.