Increase in Asset Retirement Obligations Due to Changes in Estimates of Restoration Costs
First written in FY2025-H1. 1 of 2 entries say "Advanced", first in FY2025. Latest entry: FY2025.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「The increase of ¥3.397 million resulting from the change in estimates was added to the balance of asset retirement obligations before the change.」
Following a change in estimates based on new information including restoration results, asset retirement obligations increased by ¥3.397 million, bringing the period-end balance to ¥7.732 million. - FY2025-H1First statedAnnual report
「During the interim accounting period, the company revised its estimates of the restoration costs required when vacating its head office and other properties, in connection with new information including recent restoration results, relating to the asset retirement obligations recorded for restoration obligations under real estate lease agreements for the head office and other properties. The resulting increase of ¥3.381 million was added to the balance of asset retirement obligations before the change.」
Based on new information including recent restoration results, the company revised its estimates and increased asset retirement obligations by ¥3.381 million.