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Fujix (3600) · FactThe balance of the provision for costs related to refurbishing business locations declined to zero.

Provision for costs related to the rebuilding of business locations

First written in FY2019-Q2. 1 of 6 entries say "Restated". Latest entry: FY2020-Q3.

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ProgressHeldSoftenedWorseOtherFY2019-Q2 – FY2020-Q32018: 120182019: 420192020: 12020
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Recognition and reversal of provisions for costs related to rebuilding or renovating business locationsA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2020-Q3The balance of the provision for costs related to refurbishing business locations declined to zero.Annual report

    「Provision for costs related to office redevelopment 105,730 —」

    The provision for costs related to rebuilding the Tokyo branch and head office buildings decreased from ¥105.730 million at the end of the previous consolidated fiscal year to zero at the end of the third quarter.
  2. FY2020-Q2The provision for costs related to refurbishing business locations declined from ¥105.730 million to ¥36.315 million.Annual report

    「Provision for costs related to office redevelopment 105,730 36,315」

    The provision for costs related to rebuilding the Tokyo branch and head office buildings decreased from ¥105.730 million at the end of the previous consolidated fiscal year to ¥36.315 million at the end of the second quarter.
  3. FY2020-Q1The provision for costs related to refurbishing business locations declined from ¥105.730 million to ¥76.663 million.Annual report

    「Although accounts payable increased by ¥40 million, the provision for bonuses declined by ¥31 million and the provision for costs related to refurbishing business locations declined by ¥29 million, among other changes.」

    The provision for costs related to refurbishing the Tokyo branch and head office buildings declined by ¥29 million, from ¥105.730 million at the end of the previous consolidated fiscal year to ¥76.663 million at the end of the first quarter.
  4. FY2019RestatedAnnual report

    「Provision for costs related to refurbishing business locations — ¥105.730 million」

    The provision for costs related to refurbishing business locations was ¥105.730 million at the end of the consolidated fiscal year under review. The filing also states that ¥123.029 million in costs related to refurbishing business locations were recognized as an extraordinary loss.
  5. FY2019-Q3Recognition of the provision and extraordinary loss for costs related to refurbishing business locations progressed.Annual report

    「Provision for costs related to refurbishing business locations — ¥105.730 million」

    The provision for costs related to refurbishing business locations increased from zero at the end of the previous consolidated fiscal year to ¥105.730 million at the end of the third quarter of the consolidated fiscal year under review. The income statement also includes ¥123.029 million in costs related to refurbishing business locations as an extraordinary loss.
  6. FY2019-Q2First statedAnnual report

    「Provision for costs related to refurbishing business locations — ¥96.925 million」

    The Company recognized a provision of ¥96.925 million for costs related to refurbishing business locations during the second quarter of the consolidated fiscal year under review. There was no such balance at the end of the previous consolidated fiscal year, and the provision relates to rebuilding the Tokyo branch and head office buildings.
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Provision for costs related to the rebuilding of business locations | FUJIX Ltd. (3600) | Komori