Increase in Asset Retirement Obligations Following Changes in Estimates of Store Restoration Costs
First written in FY2023. . Latest entry: FY2026.
The whole theme swung hardest in 2019: 3 of 9 companies on the "Worse" side.
12 other companies' latest entry also says "Other".
- FY2026Asset retirement obligation balance increasedAnnual report
「Changes in total asset retirement obligations Balance at beginning of period: ¥7,554 million Balance at end of period: ¥7,838 million」
The balance of asset retirement obligations increased from ¥7,554 million at the end of the previous fiscal year to ¥7,838 million. - FY2026-H1Asset retirement obligation balance increasedAnnual report
「Asset retirement obligations 7,498 7,731」
The balance of asset retirement obligations increased from ¥7,498 million at the end of the previous consolidated fiscal year to ¥7,731 million. - FY2024Further increase in asset retirement obligationsAnnual report
「During the current consolidated fiscal year, the Company revised its estimates of the costs of restoring leased properties to their original condition, in connection with asset retirement obligations recorded for the Group's real estate lease agreements, after obtaining new information on the restoration costs required when vacating warehouses. The ¥500 million increase resulting from this estimate revision was added to the balance of asset retirement obligations before the revision.」
Following a revision to the estimate of restoration costs when vacating warehouses, asset retirement obligations increased by ¥500 million, bringing the balance at the end of the fiscal year to ¥5,421 million. - FY2024-Q3Increase in asset retirement obligationsAnnual report
「Asset retirement obligations 4,731 5,234」
The balance of asset retirement obligations increased from ¥4,731 million at the end of the previous consolidated fiscal year to ¥5,234 million. - FY2023First statedAnnual report
「During the current consolidated fiscal year, the Company revised its estimates of the costs of restoring leased properties to their original condition, in connection with asset retirement obligations recorded for the Group's real estate lease agreements, after obtaining new information on the restoration costs required when vacating stores.」
Following new information on restoration costs when vacating stores, the Company revised its estimate, and the balance of asset retirement obligations increased from ¥1,657 million to ¥4,731 million.