FY2025-H1First statedAnnual report
「The Group had previously depreciated right-of-use assets relating mainly to sales offices and other sites on a straight-line basis over primarily 15 years from the commencement date. However, in light of its policy of consolidating and closing existing sales offices and other sites as part of its efforts to establish a flexible and agile supply chain structure, its shift away from long-term contracts for sales offices and other sites in response to increasingly diverse customer needs, and its plans to begin operating newly established integrated distribution centers (IDCs) from the fiscal year ending December 2025 to further strengthen its logistics network, the Group changed the useful lives (lease terms) from the current consolidated fiscal year.」
In light of the consolidation and closure of sales offices, the shift in its policy on long-term contracts, and the operation of IDCs from the fiscal year ending December 2025, the Group changed the lease terms of its right-of-use assets. As a result of the change, right-of-use assets decreased by ¥9,689 million, lease liabilities decreased by ¥9,655 million, and loss before tax increased by ¥35 million.