Impairment of Right-of-Use Assets for Workplaces Due to the Transition to a Remote-Work Model
First written in FY2021-Q3. 1 of 3 entries say "Worsened", first in FY2021. Latest entry: FY2022.
0 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「Right-of-use assets △1,697 △533」
The impairment loss on right-of-use assets associated with the shift to remote work and the head-office relocation narrowed from ¥1,697 million in the previous year to ¥533 million in the current year. - FY2021WorsenedAnnual report
「In addition, we decided to relocate our head office during the current consolidated fiscal year to improve office efficiency following the shift to remote work and promote diverse working styles for employees. As a result, we recognized an impairment loss of ¥1,697 million on right-of-use assets relating to office areas with no expected future use.」
The impairment loss on right-of-use assets resulting from office areas becoming idle following the shift to remote work increased from ¥901 million in the quarterly report to ¥1,697 million for the full year, and the decision to relocate the head office was also described. - FY2021-Q3First statedAnnual report
「Following the shift to a remote-work structure, some areas of our offices, which are corporate assets, became idle. As a result, we recognized an impairment loss of ¥901 million on right-of-use assets relating to office areas with no expected future use.」
The record describes, for the first time, the recognition of an impairment loss of ¥901 million on right-of-use assets with no expected future use after some office areas became idle following the shift to remote work.