Hibino (2469) · InitiativeAdvanced
Relocation Plan for Offices of Business Divisions and Certain Domestic Subsidiaries
First written in FY2020-Q3. 2 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2021-Q3.
3entries
2years
0from disclosures
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Same theme, other companies
Changes in asset retirement obligation estimates arising from business-site restructuringA theme 3 companies write about · 3 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Advanced".
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Full recordFilings, disclosures and news, newest first
- FY2021-Q3AdvancedAnnual report
「Office relocation costs − 20,740」
In connection with the office relocation plan for multiple business divisions and domestic subsidiaries, the Company recorded ¥20.740 million in office relocation costs as an extraordinary loss during the nine-month period ended in the third quarter. - FY2020AdvancedAnnual report
「The plan is to consolidate and relocate the Company's Hibino Pro Audio Sales Div., Hibino Visual Div., Hibino Chromatech Div., ヒビノインターサウンド株式会社, ヒビノアークス株式会社, ヒビノイマジニアリング株式会社, ヒビノライティング株式会社, 株式会社エレクトリ and 株式会社テクノハウス to Kaigan, Minato-ku, Tokyo.」
The plan to consolidate and relocate multiple business divisions and domestic subsidiaries to the Hinode Building in Kaigan, Minato-ku, Tokyo, was finalized, with a total cost of ¥978.283 million and completion scheduled for August 2020. - FY2020-Q3First statedAnnual report
「At a meeting of the Board of Directors held on 28 November 2019, the Company resolved on plans to relocate the offices of its business divisions and the offices of certain domestic subsidiaries.」
The Board of Directors resolved at its meeting on 28 November 2019 to relocate the offices of the business divisions and certain domestic subsidiaries. A change in the estimate of restoration costs for the offices before relocation increased asset retirement obligations by ¥96.612 million and reduced operating income and other items by ¥9.278 million.