Improving Asset Value and Environmental Performance through the Redevelopment of Morinaga Plaza Building
First written in FY2022. 1 of 6 entries say "Softened", first in FY2026-H1. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AdvancedAnnual report
「Head office Head-office building 46,400 4,262 October 2025 By the end of fiscal 2033」
The Company disclosed a plan to redevelop the Morinaga Plaza Building, with a total cost of ¥46.4 billion, construction scheduled to begin in October 2025, and completion scheduled by the end of fiscal 2033. - FY2026-H1SoftenedAnnual report
「Redevelopment-related losses 929 509」
Losses related to the redevelopment of the Morinaga Plaza Building decreased from ¥929 million in the same period of the previous year to ¥509 million. The completion of the redevelopment plan itself has not been disclosed. - FY2025-H1Redevelopment-related losses increased to ¥929 millionAnnual report
「Redevelopment-related losses 252 929」
The Company recognized ¥929 million in losses related to the redevelopment of the Morinaga Plaza Building in the interim period. This was an increase from ¥252 million in the same period of the previous year. - FY2024-Q2¥252 million in rebuilding-related losses recordedAnnual report
「Rebuilding-related losses 252」
The company recorded ¥252 million in losses related to the rebuilding of 森永プラザビル during the second-quarter cumulative period. It also recorded ¥191 million in the second-quarter cumulative period of the previous fiscal year. - FY2023-Q1Impairment loss recorded in connection with the rebuildingAnnual report
「Under “Other,” the company recorded an impairment loss as an extraordinary loss because income from the rental portion of a building owned by its consolidated subsidiary エム・エム・プロパティ・ファンディング㈱ was no longer expected due to the rebuilding of the building. The impairment loss recorded for the current first-quarter cumulative period was ¥1,226 million.」
In connection with the rebuilding of 森永プラザビル, the company recorded an impairment loss of ¥1,226 million in the current first quarter because income from the rental portion was no longer expected. - FY2022First statedAnnual report
「森永プラザビル, completed in 1974 and currently occupied by the company’s head office, has been in service for 48 years. The company had been considering rebuilding it due to aging, and has now resolved to rebuild the building at its current location.」
The Board of Directors decided in May 2022 to rebuild the head office building. The site covers 6,135.55 m², and the company stated that it would take into account the urban planning proposal system, environmental performance, and coexistence with the local community. Relocation was planned for spring 2024, but the building specifications, investment amount, construction start date, and completion date remained undecided.