Increase in liabilities due to a change in the estimate for asset-retirement obligations
First written in FY2023. . Latest entry: FY2027-H1.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
29 other companies' latest entry also says "Other".
- FY2027-H1Asset retirement obligations continue to increaseAnnual report
「Asset retirement obligations 5,131 5,334」
The balance of asset retirement obligations related to the obligation to restore stores and other locations increased by ¥203 million from the end of the previous fiscal year to ¥5,334 million. - FY2026Asset retirement obligations increased, but decreased due to a change in estimatesAnnual report
「During the consolidated fiscal year, we revised the estimates of restoration costs relating to asset retirement obligations recognized for restoration obligations and other requirements associated with real estate leases, based on newly obtained information. The resulting decrease of ¥73 million was deducted from the balance of asset retirement obligations before the change.」
Although asset retirement obligations continue to increase, ¥73 million was deducted due to a change in estimates based on newly obtained information, and the impact on current-year earnings is described as immaterial. - FY2026-H1Increase in asset retirement obligationsAnnual report
「Asset retirement obligations 4,728 4,930」
The balance of asset retirement obligations relating to restoration obligations for stores and other facilities increased by ¥202 million from the end of the previous fiscal year. - FY2025-H1Increase in asset retirement obligationsAnnual report
「Mainly due to an increase of ¥324 million in asset retirement obligations」
Asset retirement obligations relating to restoration obligations for stores and other facilities increased by ¥324 million from the end of the previous fiscal year, bringing the balance to ¥4,201 million. - FY2025-Q1Increase in asset retirement obligationsAnnual report
「Non-current liabilities increased mainly because long-term borrowings increased by ¥580 million and asset retirement obligations increased by ¥259 million, respectively,」
For asset retirement obligations for which a change in estimates was disclosed in the previous fiscal year, an increase of ¥259 million was also recorded in the first quarter of the current fiscal year. - FY2024Asset retirement obligations continue to increaseAnnual report
「The amount of asset retirement obligations newly recognized during the current consolidated fiscal year was ¥822 million.」
Asset retirement obligations relating to restoration obligations for stores and other facilities were newly recognized in the amount of ¥822 million during the current fiscal year, bringing the period-end balance to ¥3,988 million. - FY2024-Q3Asset retirement obligations continue to increaseAnnual report
「Non-current liabilities increased by ¥3,316 million from the end of the previous consolidated fiscal year, mainly because long-term borrowings increased by ¥2,844 million and asset retirement obligations by ¥493 million.」
For asset retirement obligations for which a change in estimates was disclosed in the previous fiscal year, an increase of ¥493 million was also recorded at the end of the third quarter of the current fiscal year. - FY2024-Q2Increase in asset retirement obligationsAnnual report
「Asset retirement obligations increased by ¥3,555 million from the end of the previous consolidated fiscal year, mainly due to an increase of ¥323 million in asset retirement obligations.」
For asset retirement obligations for which a change in estimates was disclosed in the previous fiscal year, an increase of ¥323 million was also recorded at the end of the second quarter of the current fiscal year. - FY2023First statedAnnual report
「During the consolidated fiscal year, it became clear that the removal costs required when the assets are retired were expected to significantly exceed the amounts estimated when the property, plant and equipment were acquired. Accordingly, the increase resulting from the change in estimates was discounted at rates of 0.2% to 1.1%, and ¥1,159 million was added to the balance of asset retirement obligations before the change.」
The addition of ¥1,159 million to asset retirement obligations relating to restoration obligations for stores and other facilities due to a change in the estimated removal costs, and the resulting period-end balance of ¥3,542 million, are recorded for tracking purposes for the first time.