Impairment Loss on Existing Assets Following Resolution to Construct New Head Office Building
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
2 other companies' latest entry also says "Restated".
- FY2017RestatedAnnual report
「Following the resolution to construct the company’s new headquarters at the registered head office location, the book value of assets that were not expected to be used, among others, was reduced to the recoverable amount, and the resulting reduction was recorded as an impairment loss under extraordinary losses.」
For the full fiscal year, the company also disclosed the ¥97.43 million impairment loss on the former head office and other assets following the resolution to construct the new headquarters, together with ¥30.428 million in demolition and removal costs, among other expenses. - FY2017-Q3RestatedAnnual report
「The principal component of the loss on retirement of fixed assets during the nine-month consolidated cumulative period was demolition and removal costs related to rebuilding the company’s head office and warehouse.」
The company continued to disclose demolition and removal costs related to rebuilding the head office and warehouse as a loss on retirement of fixed assets. - FY2017-Q2First statedAnnual report
「Following the resolution adopted at the Board of Directors meeting held on 27 February 2017 to construct a new headquarters at the current head office location, the book value of assets that were not expected to be used, among others, was reduced to the recoverable amount, and the resulting reduction was recorded as an impairment loss under extraordinary losses.」
Following the resolution to construct the new headquarters, the company recorded an impairment loss of ¥97.43 million on business-use assets in Koto-ku, Tokyo.