Tenant relocation compensation and demolition loss associated with the departure of tenants from the Honjo commercial facility
First written in FY2019. 3 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「Loss on disposal of fixed assets 183,357 Tenant relocation costs 20,000 Total special losses 203,357」
For the full fiscal year, the company recognized special losses totaling ¥203.357 million in connection with the redevelopment of the Honjo commercial facility, comprising ¥183.357 million in losses on the disposal of fixed assets and ¥20 million in tenant relocation costs. - FY2020-Q1MaterialisedAnnual report
「The main factors included the recognition during the cumulative first quarter of special losses, including building demolition costs, related to the redevelopment plan for the commercial facility owned by the company in Honjo, Saitama Prefecture.」
This explicitly states that the losses related to tenant departures and demolition at the Honjo commercial facility, which had been anticipated in the previous fiscal year, actually arose as special losses in the first-quarter results. - FY2020-Q1MaterialisedAnnual report
「Loss on retirement of fixed assets － 183,018 Tenant relocation costs － 20,000 Total extraordinary losses － 203,018」
In connection with the tenant departures and redevelopment of the Honjo commercial facility, the company recognized special losses of ¥20 million in tenant relocation costs and ¥183.018 million in losses on the disposal of fixed assets, totaling ¥203.018 million, in the first quarter. - FY2019MaterialisedAnnual report
「We entered into an agreement on 19 April 2019 concerning the departure of tenants from our commercial facility in Honjo and paid ¥20 million in tenant relocation compensation. Including the estimated ¥155 million in demolition costs, including interior demolition, related to the departure, we expect to incur a total loss of ¥175 million, which has been recorded as an extraordinary loss in the consolidated earnings forecast for the fiscal year ending March 2020.」
An agreement was signed concerning the departure of tenants from the Honjo commercial facility, and ¥20 million in tenant relocation compensation was paid. Including ¥155 million in demolition costs, including interior demolition, an extraordinary loss of ¥175 million is expected to arise in the fiscal year ending March 2020.