Head Office Relocation, Opening of Ryogoku Studio and Consolidation of Locations in Anticipation of Business Expansion
First written in FY2020-Q3. 5 of 7 entries say "Advanced", first in FY2021. Latest entry: FY2023.
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- FY2023AdvancedAnnual report
「Capital expenditures and other investments, including intangible assets, totaled ¥106 million for the consolidated fiscal year. The main items were ¥37 million in interior construction costs associated with the relocation of the head office and ¥47 million for the purchase of PCs and other equipment used in the business.」
Reports capital expenditures including ¥37 million in interior construction costs associated with the relocation of the head office, continuing the financial reflection of the development of the facilities. - FY2022AdvancedAnnual report
「Capital expenditures and other investments, including intangible assets, totaled ¥291.828 million for the consolidated fiscal year. The main items were ¥141.945 million in interior construction costs associated with the relocation of the head office and ¥76.621 million for the purchase of PCs and other equipment used in the business.」
The filing records ¥141.945 million in interior construction costs associated with the relocation of the head office and describes the item in the supplementary schedule as “Interior and equipment construction for Otemachi Studio.” The development of the facilities is reported in greater detail than in the previous planning and financial-reflection stages. - FY2022-Q3AdvancedAnnual report
「This was mainly due to increases of ¥1,355.652 million in cash and deposits from borrowings, ¥125.192 million in accounts receivable from increased sales in Creative & Engineering, ¥163.294 million in buildings and structures from the relocation of the head office, and ¥52.283 million from the acquisition of investment securities.」
The filing reports an increase of ¥163.294 million in buildings and structures associated with the relocation of the head office, showing further financial reflection of the relocation. It also records ¥16.908 million in head office relocation expenses in the quarterly income statement. - FY2022-Q2AdvancedAnnual report
「This was mainly due to increases of ¥1,656.026 million in cash and deposits from borrowings, ¥72.466 million in accounts receivable from increased sales in Creative & Engineering, ¥152.442 million in buildings and structures from the relocation of the head office, and ¥101.335 million from the acquisition of investment securities.」
Reports an increase of ¥152.442 million in buildings and structures due to the relocation of the head office as a change in financial position. The relocation, previously at the planning and decision stage through the previous period, is now reflected financially. - FY2021AdvancedAnnual report
「Buildings: Interior and equipment construction for Ryogoku Studio ¥6.475 million」
Reports ¥6.475 million in interior and equipment construction for Ryogoku Studio as an increase in property, plant and equipment. The filing does not explicitly state that the location has opened. - FY2020RestatedAnnual report
「At a meeting of the Board of Directors held on 11 November 2020, the Company decided to relocate its head office.」
The filing reiterates the decision to relocate the head office together with a change in accounting estimates, but does not explicitly state that the relocation has been completed. - FY2020-Q3First statedAnnual report
「On 1 December 2020, the Company will consolidate its head office, currently in Kanda Konya-cho, Chiyoda-ku, and its satellite office into a single location, designate the satellite office as the head office, and open a new four-story, single-building facility of more than 300 tsubo in Sumida-ku as Ryogoku Studio. Through these measures, it will optimize space size, utilization and costs, revitalize communication and improve productivity, with the aim of achieving further growth.」
Plans to relocate the head office and open Ryogoku Studio on 1 December 2020. The filing presents the consolidation of existing locations, opening of the new location, optimization of space and costs, revitalization of communication and productivity improvement as an integrated initiative.