FY2024-Q3First statedAnnual report
「With respect to the leased property in Funabashi, Chiba, the company withdrew upon expiration of the business land leasehold right agreement in November 2023 without renewing the agreement. It agreed to donate the fixed assets it owned on the leased land to the sublessee, who wished to continue the lease, and to transfer the company's obligation to restore the property to its original condition. Accordingly, the company donated the fixed assets on the agreement's expiration date. As its obligation to restore the leased land to its original condition ceased on the same date, the company recognized an extraordinary gain of ¥21 million from the extinguishment of an asset retirement obligation.」
Upon expiration of the business land leasehold right agreement in Funabashi, the company withdrew without renewing the agreement, donated the fixed assets on the leased land to the sublessee, and transferred its obligation to restore the property to its original condition. As a result, it recognized a ¥21 million gain from the extinguishment of an asset retirement obligation.