Decision to Relocate Tokyo Head Office
First written in FY2024-Q2. . Latest entry: FY2024.
10 other companies' latest entry also says "Other".
- FY2024Updated the impact of changes in estimates associated with the relocation of the Tokyo head officeAnnual report
「As a result of this change in estimate, compared with the previous method, operating income, ordinary income and net income before income taxes and other adjustments for the current consolidated fiscal year each decreased by ¥76 million.」
The company disclosed a full-year impact of ¥76 million each from changes in estimates for the useful lives of fixed assets and the asset retirement obligation associated with the relocation of the Tokyo head office. - FY2024-Q3Disclosed the impact of changes in estimates associated with the relocation of the Tokyo head officeAnnual report
「As a result of this change in estimate, compared with the previous method, operating income, ordinary income and quarterly net income before income taxes and other adjustments for the nine months ended the third quarter of the current consolidated fiscal year each decreased by ¥57 million.」
The company disclosed that changes in estimates for the useful lives of fixed assets and the asset retirement obligation associated with the relocation of the Tokyo head office each had an impact of ¥57 million on operating income, ordinary income and quarterly net income before income taxes and other adjustments for the nine months ended the third quarter. - FY2024-Q2First statedAnnual report
「Because the relocation of the Tokyo head office was decided during the second quarter of the current consolidated fiscal period, the useful lives of fixed assets not expected to be used after the relocation were shortened and changed prospectively. In addition, based on new information obtained regarding the asset retirement obligation recorded in connection with the obligation to restore the leased Tokyo head office property to its original condition, estimates were changed for restoration costs and the expected period of use.」
The useful lives of fixed assets not expected to be used after the relocation and the estimates for the asset retirement obligation were changed following the decision to relocate the Tokyo head office.