Impact of Changes in Asset Retirement Obligation Estimates on Liabilities and Profit
First written in FY2025-H1. . Latest entry: FY2025.
The whole theme swung hardest in 2020: 2 of 11 companies on the "Worse" side.
29 other companies' latest entry also says "Other".
- FY2025Expanded impact of changes in asset retirement obligation estimatesAnnual report
「The ¥101 million increase resulting from this change in estimate was added to the balance of asset retirement obligations before the change. As a result of this change in estimate, operating profit, ordinary profit and net income before income taxes for the current consolidated fiscal year each decreased by ¥65 million.」
The change in the asset retirement obligation estimate amounted to ¥101 million, with an impact of ¥65 million on profit, up from ¥93 million and ¥16 million, respectively, previously. - FY2025-H1First statedAnnual report
「The ¥93 million increase resulting from this change in estimate was added to the balance of asset retirement obligations before the change. As a result of this change in estimate, operating profit, ordinary profit and interim net income before income taxes for the current interim consolidated accounting period each decreased by ¥16 million.」
Based on new information concerning restoration costs and other expenses under real estate lease agreements, asset retirement obligations were increased by ¥93 million, reducing operating profit, ordinary profit and interim net income before income taxes for the current interim consolidated accounting period by ¥16 million each.