Head Office Relocation Expenses Incurred
First written in FY2023-Q1. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「May 2022 Head office relocated to Iidabashi, Chiyoda-ku, Tokyo.」
The company has reconfirmed in its corporate history that it relocated its head office to Iidabashi, Chiyoda-ku, Tokyo. - FY2023-Q3RestatedAnnual report
「Although net sales increased steadily as a result of these achievements, cost of sales increased in connection with advancing projects for the infrastructure industry, which the company positions as part of its growth strategy, while SG&A expenses increased due to intensified R&D activities and head office relocation-related costs.」
This reconfirms that costs associated with relocating the head office, together with the expansion of R&D activities and other factors, contributed to the increase in selling, general and administrative expenses. - FY2023-Q2RestatedAnnual report
「Selling, general and administrative expenses increased due to factors including the expansion of R&D activities and costs associated with relocating the head office.」
This reconfirms that costs associated with relocating the head office, together with the expansion of R&D activities and other factors, contributed to the increase in SG&A expenses. The specific amount of the relocation costs has not been disclosed. - FY2023-Q1First statedAnnual report
「Selling, general and administrative expenses increased due to factors including the expansion of R&D activities, which are intended to create future growth engines, and the costs incurred in relocating the head office, resulting in lower profit than in the same quarter of the previous year.」
This is the first disclosure that costs associated with relocating the head office, together with the expansion of R&D activities and other factors, contributed to the increase in selling, general and administrative expenses. No details or amount of the relocation have been disclosed.