Recognition of costs related to relocation to the new head office factory
First written in FY2017-Q3. 3 of 6 entries say "Restated". Latest entry: FY2019-Q2.
0 other companies' latest entry also says "Mitigated".
- FY2019-Q2MitigatedAnnual report
「Although procurement prices rose due to difficulties in sourcing components and other factors, lower depreciation expenses and the normalization of development costs that had been concentrated in the previous fiscal year」
The Company stated that depreciation expenses for the new head office, which had been a factor reducing profit since the previous fiscal year, decreased during the fiscal year. - FY2018-Q3RestatedAnnual report
「However, due to higher depreciation expenses for the new head office and the concentration of development costs in the first half, among other factors, operating income was ¥1,606,987 thousand, down 3.5% year on year.」
The cost burden associated with the new head office continued to reduce operating income in the form of higher depreciation expenses after completion. - FY2018-Q2RestatedAnnual report
「However, due to the concentration of development costs for the new take-out robot in the first half and an increase in depreciation expenses for the new head office, operating income was ¥990,595 thousand, down 26.3% year on year.」
The cost burden associated with the new head office continued to reduce profit, in the form of higher depreciation expenses after completion rather than relocation-related costs. - FY2018-Q1ReframedAnnual report
「However, in terms of earnings, operating profit was ¥451.125 million, down 30.0% from the same quarter of the previous fiscal year, mainly due to development costs for the new take-out robot and higher depreciation expense following the completion of the new plant.」
The description of costs related to the new head office changed from relocation-related costs to an ongoing cost burden arising from higher depreciation expenses after completion. - FY2017RestatedAnnual report
「Costs were incurred for the launch of the internal core system, which began operations last November, and for the relocation of the new head office carried out in December of the same year.」
The costs of launching the internal core system and relocating the new head office continued to be cited as factors reducing full-year profit. - FY2017-Q3First statedAnnual report
「Operating income was ¥1,664.898 million, down 33.2% year on year, due to lower consolidated net sales and the recognition of costs related to the relocation of the new head office plant.」
For the first time, the Company stated that costs related to the relocation of the new head office plant had been recognized and had contributed to the decline in operating income.