Changes in estimates of fixed asset useful lives and asset retirement obligations associated with the partial termination of the head office
First written in FY2019-Q2. 1 of 4 entries say "Restated". Latest entry: FY2023.
0 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThis annual securities report contains no disclosure regarding changes in the estimated useful lives of fixed assets or asset retirement obligations related to the partial termination of the head office lease.
- FY2019RestatedAnnual report
「This change in the estimate increased the balance of asset retirement obligations by ¥24 million and, compared with the previous method, increased operating loss, ordinary loss and pretax net loss for the fiscal year by ¥50 million each.」
The company reiterated the changes in the estimates of useful lives and asset retirement obligations related to the partial termination of the head office lease, and the ¥50 million annual impact on losses. - FY2019-Q3Increase in the cumulative impact on lossesAnnual report
「This change in the estimate increased the balance of asset retirement obligations by ¥24 million and, compared with the previous method, increased operating loss, ordinary loss and pretax quarterly net loss for the cumulative third quarter by ¥50 million each.」
The content of the estimate changes related to the partial termination of the head office lease remained unchanged, and the impact on each loss was ¥50 million on a cumulative third-quarter basis. - FY2019-Q2First statedAnnual report
「During the cumulative second quarter, the company decided to terminate part of the lease for its head office. As a result, it shortened the useful lives of fixed assets not expected to be used and changed them to the period through termination. In addition, because a more precise estimate became possible for the asset retirement obligations recorded for restoration costs under the building lease agreement, the estimated amount was revised. This change increased the balance of asset retirement obligations by ¥24 million and, compared with the previous method, increased operating loss, ordinary loss and pretax quarterly net loss for the cumulative second quarter by ¥25 million each.」
The company decided to terminate part of the head office lease and changed the estimated useful lives of fixed assets and asset retirement obligations. As a result, the balance of asset retirement obligations increased by ¥24 million and each loss increased by ¥25 million.