Change in accounting treatment for asset retirement obligations under real estate lease agreements
First written in FY2026-H1. 1 of 2 entries say "Achieved", first in FY2026. Latest entry: FY2026.
0 other companies' latest entry also says "Achieved".
- FY2026AchievedAnnual report
「From the current interim accounting year, we have changed to a method under which restoration costs are recognized as asset retirement obligations, and the corresponding removal costs are included in property, plant and equipment and depreciated.」
The change in accounting treatment for asset retirement obligations was applied from the current interim accounting year and reflected in the full-year financial statements. - FY2026-H1First statedAnnual report
「Previously, we recognized asset retirement obligations related to restoration obligations under our real estate lease contracts by reasonably estimating the amount of lease deposits ultimately expected to be unrecoverable and expensing the portion attributable to the current period. From the current interim accounting year, however, we have changed to a method under which restoration costs are recognized as asset retirement obligations, and the corresponding removal costs are included in property, plant and equipment and depreciated.」
Against the backdrop of stable operation of the fixed asset system, the company changed its method to recognize asset retirement obligations related to restoration obligations as liabilities and include the corresponding removal costs in property, plant and equipment for depreciation. The change was applied retrospectively to the preceding fiscal year.