Shortening the Useful Lives of Fixed Assets in Connection with the Resolution to Relocate Headquarters
First written in FY2020. 2 of 5 entries say "Advanced", first in 2026-07-29. Latest entry: FY2026-H1.
2 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Selling, general and administrative expenses were ¥2,564 million, reflecting the continued strategic investment and one-time costs related to the relocation of headquarters, despite the implementation of cost-cutting measures.」
Regarding the relocation of the head office resolved in the previous fiscal year, the recognition of one-time expenses has been disclosed as a cost factor for the interim accounting period, indicating the impact of the relocation during its execution phase. - 2026-07-29AdvancedRevision to earnings forecast
「The main reasons for the differences in operating profit and ordinary profit were that one-time costs related to the relocation of headquarters were recorded as selling, general and administrative expenses, while cost-cutting progressed beyond the assumptions made at the beginning of the fiscal year, resulting in figures above the previous forecast.」
One-time costs related to the headquarters relocation were actually recorded in selling, general and administrative expenses, moving the accounting treatment previously disclosed in connection with the relocation to the expense-recognition stage. - FY2025-H1Shortening of useful lives associated with the relocation of the new head officeAnnual report
「At a meeting of the Board of Directors held on 27 June 2025, the Company resolved to relocate its head office. Accordingly, the useful lives of fixed assets that will become unusable as a result of the relocation have been shortened and changed prospectively.」
Separate from the previous head office relocation, the company made an accounting change to shorten the useful lives of fixed assets that will become unavailable in connection with the resolution on a new head office relocation dated 27 June 2025. - FY2021-Q2AchievedAnnual report
「Selling, general and administrative expenses included temporary costs associated with the head office relocation carried out in May.」
Following the resolution to relocate the head office in December 2020, the relocation was carried out in May 2021, and temporary relocation costs were recorded. - FY2020First statedAnnual report
「At a meeting of the Board of Directors held on 23 December 2020, the Company resolved to relocate its head office. As a result, the useful lives of fixed assets that would become unusable following the relocation were shortened and changed prospectively.」
The head-office relocation decision led to an accounting change that shortened the useful lives of fixed assets that would become unusable.