Okamoto Industries (5122) · FactUpdate to demolition cost payments
Demolition of 理研コランダム’s Buildings Held for Lease and Recognition of a Provision for Demolition Costs
First written in FY2021-Q3. 1 of 3 entries say "Advanced", first in FY2021. Latest entry: FY2022.
3entries
2years
0from disclosures
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Same theme, other companies
Provision for Fixed-Asset Removal CostsA theme 17 companies write about · 16 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2024: 2 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Other".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 17 companies compared. The sentences above are computed from all 17.Full recordFilings, disclosures and news, newest first
- FY2022Update to demolition cost paymentsAnnual report
「¥315 million paid for building demolition costs」
For the demolition of Riken Corundum's rental building, a payment of ¥315 million was made during the current fiscal year, updating the demolition cost payment amount from the previous fiscal year. - FY2021AdvancedAnnual report
「¥158 million paid for building demolition costs」
For the demolition of Riken Corundum's rental building, a payment of ¥158 million was made during the current fiscal year after the provision for demolition costs was recognised. - FY2021-Q3First statedAnnual report
「Riken Corundum Co., Ltd., a consolidated subsidiary, decided to demolish a rental building it owns and began the demolition work. Accordingly, the estimated demolition costs have been recognised as a provision for building demolition costs under current liabilities on the consolidated quarterly balance sheet for the third quarter of the current fiscal year.」
Riken Corundum began demolishing a rental building it owns and recognised the estimated demolition costs as a provision. The income statement includes ¥430 million in provision expense for building demolition costs, while current liabilities on the balance sheet include ¥315 million.