Construction of the New Head Office Building
First written in FY2020. 2 of 5 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2021.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Achieved".
- FY2021AchievedAnnual report
「In terms of profit, although the Company incurred costs associated with moving to the new head office, demolishing the old head office and recording retirement benefit expenses, it worked to control selling, general and administrative expenses, including by reducing advertising costs.」
The planned move to the new head office building was completed, and the demolition of the old head office was also reported. Buildings increased by ¥174.996 million as a result of construction of the new head office building. - FY2021-Q3AdvancedAnnual report
「Under these circumstances, the Company continued to focus on its core real estate trading business in order to capture demand for suburban detached houses arising from the spread of telework (working from home). At the same time, it strengthened purchases of used homes and other properties to address the decline in product inventories. To improve operating efficiency, it moved offices around the head office to the new head office building and worked to control selling, general and administrative expenses, mainly advertising costs.」
The company moved offices around the head office to the new head office building and advanced operating efficiency. Among fixed assets, buildings increased as a result of acquiring the new head office building. - FY2021-Q2AdvancedAnnual report
「This was mainly because the Company recorded ¥81.723 million in expenditures for the acquisition of property, plant and equipment, including an increase in construction in progress associated with construction of the new head office building.」
Construction in progress associated with construction of the new head office building increased, and the company recorded ¥81.723 million in expenditures for the acquisition of property, plant and equipment. - FY2021-Q1RestatedAnnual report
「In addition, because the existing head office building has deteriorated significantly and maintenance costs are expected to increase each year, the Company decided to construct a new head office building on the site of a parking lot it owns.」
The company continues to state its policy of constructing a new head office building to replace the deteriorated existing building, but this filing does not report any new completion or progress results. - FY2020First statedAnnual report
「In addition, because the existing head office building has deteriorated significantly and maintenance costs are expected to increase each year, the Company decided to construct a new head office building on the site of a parking lot it owns.」
The company identified construction of a new head office building to replace the deteriorated existing building as a new capital investment theme. The planned total investment was ¥214.7 million, completion was scheduled for January 2021, and construction began in April 2020.