Changes in Estimates of Asset Retirement Obligations Associated with Store Closures, etc.
First written in FY2019-Q1. 3 of 18 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2019: 3 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「During the current consolidated fiscal year, the Company revised its estimate of the restoration costs required when vacating stores in connection with new information, including store closures, regarding asset retirement obligations recognized for restoration obligations under real estate lease agreements. The ¥4.830 million decrease resulting from the change in estimate was deducted from the asset retirement obligations balance before the change.」
The balance was reduced by ¥4.830 million due to the change in estimate, and asset retirement obligations at the end of the period decreased from ¥75.039 million to ¥65.167 million. - FY2025-H1Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥65.391 million ¥60.864 million」
Asset retirement obligations decreased from ¥65.391 million at the end of the previous consolidated fiscal year to ¥60.864 million. - FY2025-Q1Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥65.391 million ¥62.109 million」
Asset retirement obligations decreased from ¥65.391 million at the end of the previous consolidated fiscal year to ¥62.109 million. - FY2024Increase in asset retirement obligations due to a change in estimateAnnual report
「The ¥4.362 million increase resulting from the change in estimate was added to the asset retirement obligations balance before the change.」
¥4.362 million was added due to a revision of the estimated restoration costs based on new information, including store closures, and the asset retirement obligations balance at the end of the period was ¥75.039 million. - FY2024-Q3Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥73.442 million ¥69.997 million」
Asset retirement obligations decreased from ¥73.442 million at the end of the previous consolidated fiscal year to ¥69.997 million. - FY2024-Q2Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥73.442 million ¥70.299 million」
Asset retirement obligations decreased from ¥73.442 million at the end of the previous consolidated fiscal year to ¥70.299 million. - FY2024-Q1Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥73.442 million ¥71.975 million」
Asset retirement obligations decreased from ¥73.442 million at the end of the previous consolidated fiscal year to ¥71.975 million. - FY2023Decrease in asset retirement obligations; continued estimate revisionsAnnual report
「During the current consolidated fiscal year, the Company revised its estimate of the restoration costs required when vacating stores in connection with new information, including store closures, regarding asset retirement obligations recognized for restoration obligations under real estate lease agreements. The ¥4.442 million increase resulting from the change in estimate was added to the asset retirement obligations balance before the change.」
Although ¥4.442 million was added due to a revision of the estimated restoration costs associated with store closures and other factors, the balance at the end of the period decreased from ¥97.907 million to ¥73.442 million due to fulfillment and other factors. - FY2023-Q3Asset retirement obligation balance increasedAnnual report
「Asset retirement obligations ¥70.514 million ¥73.116 million」
Asset retirement obligations increased from ¥70.514 million at the end of the previous consolidated fiscal year to ¥73.116 million. - FY2023-Q2Asset retirement obligation balance increasedAnnual report
「Asset retirement obligations ¥70.514 million ¥72.797 million」
Asset retirement obligations increased from ¥70.514 million at the end of the previous consolidated fiscal year to ¥72.797 million. - FY2023-Q1Asset retirement obligation balance increasedAnnual report
「Asset retirement obligations ¥70.514 million ¥74.255 million」
Asset retirement obligations recorded under non-current liabilities increased from ¥70.514 million at the end of the previous consolidated fiscal year to ¥74.255 million. - FY2022Increase in Asset Retirement Obligation Balance Due to Change in EstimateAnnual report
「During the current consolidated fiscal year, the Company revised its estimate of the restoration costs required when vacating stores in connection with new information, including store closures, regarding asset retirement obligations recognized for restoration obligations under real estate lease agreements. The ¥26.167 million increase resulting from the change in estimate was added to the asset retirement obligations balance before the change.」
The estimate was revised based on new information, including store closures, and ¥26.167 million was added. The balance at the end of the period was ¥97.907 million. - FY2022-Q2Decrease in asset retirement obligationsAnnual report
「Asset retirement obligations ¥96.575 million ¥66.224 million」
Asset retirement obligations decreased from ¥96.575 million at the end of the previous consolidated fiscal year to ¥66.224 million. - FY2021Asset retirement obligation balance increasedAnnual report
「Increase from the acquisition of property, plant and equipment: ¥29.257 million / decrease from settlement of asset retirement obligations: ¥14.955 million / ending balance: ¥96.575 million」
The ending balance of asset retirement obligations increased from ¥82.268 million in the previous period to ¥96.575 million, mainly due to increases associated with the acquisition of property, plant and equipment. - FY2019RestatedAnnual report
「The ¥16.893 million increase resulting from the revised estimate was added to the asset retirement obligation balance before the change.」
The company is reconfirming in its annual notes the estimate revision for restoration costs associated with new information concerning store closures and other matters, together with the ¥16.893 million increase. - FY2019-Q3RestatedAnnual report
「During the first quarter consolidated accounting period, the company revised its estimate of the restoration costs required when stores are vacated after obtaining new information, including information concerning store closures, for asset retirement obligations recorded for restoration obligations under real estate lease agreements. The ¥16.893 million increase resulting from the revised estimate was added to the asset retirement obligation balance before the change.」
The company has restated in the notes the estimate revision for asset retirement obligations associated with store closures and other matters during the first quarter, together with the ¥16.893 million increase. - FY2019-Q2RestatedAnnual report
「During the first quarter consolidated accounting period, the company revised its estimate of the restoration costs required when stores are vacated after obtaining new information, including information concerning store closures, for asset retirement obligations recorded for restoration obligations under real estate lease agreements. The ¥16.893 million increase resulting from the revised estimate was added to the asset retirement obligation balance before the change.」
The company has restated in additional information the estimate revision for asset retirement obligations associated with store closures and other matters during the first quarter, together with the ¥16.893 million increase. - FY2019-Q1First statedAnnual report
「For asset retirement obligations recorded for restoration obligations under real estate lease agreements, the company revised its estimate of the restoration costs required when stores are vacated after obtaining new information, including information concerning store closures. The ¥16.893 million increase resulting from the revised estimate was added to the asset retirement obligation balance before the change.」
Based on new information concerning store closures and other matters, the company revised its estimate of the asset retirement obligation for restoration costs when stores are vacated and added ¥16.893 million.