Changes in Estimates and Additional Recognition of Asset Retirement Obligations Associated with Vacating Stores
First written in FY2026-H1. 2 of 4 entries say "Advanced", first in 2026-05-19. Latest entry: FY2026.
The whole theme swung hardest in 2019: 3 of 9 companies on the "Worse" side.
15 other companies' latest entry also says "Other".
- FY2026Year-end asset retirement obligation balance updateAnnual report
「The main reason was that the factors reducing liabilities, including decreases of ¥391 million in total borrowings, ¥276 million in the retirement benefit provision, and ¥262 million in consumption taxes payable and other items, exceeded the factors increasing liabilities, including a ¥209 million increase in the provision for losses on store closures and a net increase of ¥173 million in asset retirement obligations, comprising current and non-current liabilities.」
Asset retirement obligations related to store closures increased net by ¥173 million in aggregate across current and non-current liabilities by the end of the fiscal year. This shows the year-end position after the additional recognition resulting from the change in estimate disclosed in the previous interim period. - FY2026-H1First statedAnnual report
「The Company revised its estimate for the asset retirement obligation recognized for the costs of restoring stores to their original condition, after obtaining new information on the restoration costs required when the stores are vacated. The increase resulting from the change in estimate, ¥237.749 million, was added to the asset retirement obligation balance before the change.」
Following new information on restoration costs when stores are vacated, the Company additionally recognized ¥237.749 million in asset retirement obligations. The disclosure also describes the impact of store closures on depreciation expense and profit or loss.