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Shirohato (3192) · InitiativeRestated

Securing Revenue Through Leasing the Current Head Office and Distribution Center and Relocating to the New Head Office and Logistics Center

First written in FY2020-Q3. 2 of 7 entries say "Advanced", first in FY2020. Latest entry: FY2026-H1.

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ProgressHeldSoftenedWorseAdvancedFY2020 – FY20212020: 320202021: 120212022: 020222023: 020232024: 020242025: 32025
Same theme, other companies
Leasing out the former headquarters and distribution center and relocating to a new logistics hubA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AchievedAnnual report

    「As a result of the transfer, the real estate lease agreement entered into on 1 September 2020 was terminated as of the same date.」

    The transfer of the former head office property was completed, and the real estate lease agreement dated 1 September 2020 was also terminated as of 31 March 2025. The property moved from the stage of being held and leased to the post-sale stage.
  2. FY2025RestatedAnnual report

    「As a result of the transfer, the real estate lease agreement entered into on 1 September 2020 was terminated as of the same date.」

    Following completion of the transfer of the former head office property, the termination of the existing lease agreement was reaffirmed.
  3. FY2025ReframedAnnual report

    「We fulfilled on 31 March 2025 the obligation to sell the former head office property that had arisen from non-compliance with the financial covenants under the syndicated loan agreement.」

    Following the relocation to the new head office and distribution center, the former head office property, which had been leased to secure stable income, shifted from being held and leased to being sold upon fulfillment of the sale obligation.
  4. FY2021AchievedAnnual report

    「August 2020: New office building and distribution center completed. Head office relocated to 22 Takeda Mukaimachi, Fushimi-ku, Kyoto (current location).」

    The new office building and distribution center were completed, and the head office was relocated in August 2020, as confirmed in the corporate history and facilities sections. Income generation through leasing the former head office and distribution center also continued.
  5. FY2021-Q2AdvancedAnnual report

    「June and July were solid, with results above the same months of the previous year. However, combined with the suspension of inbound and outbound shipments associated with the head office relocation in August, malfunctions in the logistics system after the relocation and disruptions to shipping operations caused shipment volumes to decline sharply, resulting in August sales falling substantially below the same month of the previous year.」

    The planned head office relocation proceeded to the implementation stage in August. However, malfunctions in the logistics system after the relocation and disruptions to shipping operations occurred, creating operational challenges related to the move.
  6. FY2020AdvancedAnnual report

    「To secure stable income going forward, we have entered into a real estate lease agreement to lease out the current head office and distribution center. Its details are as follows.」

    A 15-year lease agreement was signed for the current head office and distribution center, with monthly rent set at ¥2,500 thousand from September 2020 and ¥5,500 thousand from March 2021 onward.
  7. FY2020-Q3First statedAnnual report

    「To secure stable income going forward, based on a resolution of the Board of Directors dated 19 September 2019, we decided to lease out the current head office and distribution center and entered into the following real estate lease agreement. We plan to vacate the head office and distribution center by the end of August 2020 and relocate to the new head office and distribution center currently under construction. Monthly rent: ¥2,500 thousand (September 2020 to February 2021, the relocation response period including tenant improvements) Monthly rent: ¥5,500 thousand (from March 2021) Lease term 15 years (1 September 2020 to 31 August 2035)」

    A 15-year lease agreement was signed for the current head office and distribution center to secure stable income. The planned move by the end of August 2020 to the new head office and distribution center, as well as the rent and lease term, were specified.
Moved together

"Expanding Sales of OEM and Collaboration Products" moved the same way as this thread, in the same document, in 3 of its 6 moves.

332222★123456
  1. ★This thread
  2. 1Expanding Sales of OEM and Collaboration Products3×
  3. 2Securing Funding Liquidity through Internal Funds, the Odakyu Group CMS, and Other Sources3×
  4. 3Strengthening Portal-Site Store Operations2×
  5. 4Strengthening logistics infrastructure through the acquisition of an adjacent warehouse and inventory consolidation2×
  6. 5Risk of Reliance on Financial Institution Borrowings and Funding Constraints2×
  7. 6Increase in E-commerce Users and Market Expansion Driven by Stay-at-Home Measures2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Shirohato's next results are scheduled for 2026-10-09. Read the earnings preview
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Securing Revenue Through Leasing the Current Head Office and Distribution Center and Relocating to the New Head Office and Logistics Center | Shirohato Co.,Ltd. (3192) | Komori