Strengthening BCP, Productivity and the Workplace Environment Through Head Office Building Reconstruction
First written in FY2021-Q1. 3 of 7 entries say "Restated". Latest entry: FY2023-Q3.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The redevelopment of the company's head-office building, which was still under planning at the end of the previous consolidated fiscal year, was completed during the nine months ended the third quarter. As a result, buildings and structures increased by ¥1,648 million.」
The company again disclosed completion of the head-office redevelopment and the ¥1,648 million increase in buildings and structures. Completion itself had already been reported in the previous quarterly report. - FY2023-Q2AchievedAnnual report
「The redevelopment of the company's head-office building, which was still under planning at the end of the previous consolidated fiscal year, was completed during the six months ended the second quarter. As a result, buildings and structures increased by ¥1,648 million.」
The head-office redevelopment was completed during the six months ended the second quarter, increasing buildings and structures by ¥1,648 million. - FY2022RestatedAnnual report
「The company newly raised ¥2 billion through borrowings to fund the head-office redevelopment. However, cash flow from financing activities was a decrease in funds of ¥2,232 million due to payments of year-end dividends and expenditures for the acquisition of treasury shares, among other items.」
The company disclosed borrowings and expenditures associated with the head-office redevelopment and continues to implement the redevelopment plan. - FY2022-Q2AdvancedAnnual report
「During the six months ended the second quarter, cash flow from investing activities was a decrease in funds of ¥1,993 million, compared with a decrease of ¥1,663 million in the same period of the previous year, due to spending on upgrades to the asphalt plant and expenditures associated with the head-office redevelopment.」
Expenditures were incurred for upgrades to the asphalt plant and the head-office redevelopment, resulting in ¥1,993 million of cash outflows from investing activities. Spending associated with execution of the plan can be confirmed. - FY2021-Q3RestatedAnnual report
「At a meeting of the Board of Directors held in July 2020, the company decided to redevelop its head-office building. Construction was scheduled to begin in May 2021 and be completed in August 2022, with the estimated cost of constructing the new head-office building set at ¥1.7 billion.」
The company reiterated the plan for the head-office redevelopment, with construction beginning in May 2021, completion in August 2022 and an estimated cost of ¥1.7 billion. No new progress or changes to the plan were described. - FY2021-Q2AdvancedAnnual report
「During the six months ended the second quarter, the company newly decided to redevelop its head-office building. Construction was scheduled to begin in May 2021 and be completed in August 2022, with the estimated cost of constructing the new head-office building set at ¥1.7 billion.」
For the head-office redevelopment, the company disclosed a specific schedule of construction beginning in May 2021 and completion in August 2022, together with an estimated investment of ¥1.7 billion. - FY2021-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 16 July 2020, the company resolved to construct a new head-office building at the current head-office site. During construction, the head-office functions will be temporarily relocated and will be moved back to the current site after completion. As the current head-office building, completed in 1971, has aged over its 49 years of service, the new building, with superior earthquake resistance, is intended to strengthen disaster-prevention and BCP (business continuity plan) measures, create a comfortable work environment that contributes to higher productivity, and enhance security.」
The company resolved to redevelop the head-office building in response to its aging. Head-office functions were scheduled to be temporarily relocated on 23 September 2020, and approximately ¥491 million in demolition, relocation and other costs was expected to be recorded in the fiscal year ending March 2021.