Transfer of the aging Asakusa Building and relocation to a new store
First written in FY2022-Q1. 1 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022.
The whole theme swung hardest in 2026: 4 of 43 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The company will continue to lease and use the property as a store for the time being, but the property handover date is 30 April 2023, and it plans to relocate the store to a newly leased property by that date.」
Following completion of the Asakusa Building transfer, the company maintained its plan to vacate the property and relocate to a newly leased property by 30 April 2023. - FY2022-Q2AdvancedAnnual report
「Meanwhile, the company recognized ¥437 million in other income as a gain on the transfer of the Decorate Asakusa Building dated 31 January 2022.」
The transfer of the Decorate Asakusa Building was completed on 31 January 2022, and the gain on transfer was recognized. The plan to relocate to a new store remains ongoing separately. - FY2022-Q1First statedAnnual report
「The company was approached by J-One Planning Co., Ltd., the owner of the land underlying the property, about purchasing the property. It decided that funds should be directed to business investments such as opening new stores rather than retaining ownership and making substantial investments in maintenance, management, and rebuilding, and therefore decided to transfer the property. The property handover date is 30 April 2023, and the company plans to relocate the store to a newly leased property by that date.」
The company will transfer the Decorate Asakusa Building, which was completed more than 50 years ago, and direct funds to investments in new stores rather than maintenance and rebuilding. The planned transfer price is ¥614 million and the planned gain on transfer is ¥435 million, with the store relocation scheduled by 30 April 2023.