Changes in profit or loss associated with redevelopment and operations in the Tokyo area
First written in FY2016. 8 of 12 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022MaterialisedAnnual report
「Land development-related expenses 30」
Land development-related costs of ¥30 million associated with the redevelopment were recorded as an extraordinary loss, and redevelopment-related fluctuations in profit and loss also arose in the current period. - FY2022-Q1MaterialisedAnnual report
「Land development-related expenses 18」
Land development-related expenses of ¥18 million were recognized as an extraordinary loss during the first quarter of the current fiscal year, and profit fluctuations related to redevelopment were incurred. - FY2021MaterialisedAnnual report
「Land development-related expenses 124」
Land development-related expenses of ¥124 million associated with redevelopment in the Namba area and elsewhere were recognized as an extraordinary loss, and profit fluctuations related to redevelopment were also incurred during the period. - FY2021-Q3MaterialisedAnnual report
「Land development-related expenses 108」
Land development-related expenses of ¥108 million associated with preparations for development in the Namba area were recognized as an extraordinary loss, and profit fluctuations related to redevelopment were also incurred during the quarter. - FY2021-Q2MaterialisedAnnual report
「The company also conducted excavation surveys for buried cultural properties at the remaining land in the area in preparation for launching a new business.」
Land development-related expenses of ¥49 million associated with preparations for development in the Namba area of Naniwa-ku, Osaka, were recognized as an extraordinary loss, and profit fluctuations related to redevelopment were also incurred during the quarter. - FY2021-Q1MaterialisedAnnual report
「The company also began excavation surveys for buried cultural properties at the remaining land in the area in preparation for launching a new business.」
Excavation surveys for buried cultural properties began as part of preparations for development in the Namba area, and land development-related expenses of ¥25 million were recognized as an extraordinary loss in the quarterly consolidated statement of income. An extraordinary loss related to redevelopment was also incurred during the quarter. - FY2020MaterialisedAnnual report
「The Group is redeveloping the former sites of its leather manufacturing plants in Tokyo and Osaka. Land preparation and other work has been completed at both sites, which are operating largely as planned, including through interim uses. The Group will continue to pursue these development projects with the aim of achieving and completing the redevelopment plans, but as these are real estate development projects, unexpected substantial extraordinary losses or extraordinary gains may be recognized and may affect the Group's operating results.」
Survey costs for buried cultural properties of ¥110 million associated with preparations for development in the Namba area were recognized as an extraordinary loss, and profit fluctuations related to redevelopment were actually incurred. - FY2020-Q2MaterialisedAnnual report
「As preparatory work, the company began surveys for buried cultural properties and recognized the estimated amount as an extraordinary loss.」
Land development-related expenses of ¥110 million associated with preparations for development in the Namba area were recognized as an extraordinary loss, and an extraordinary loss related to redevelopment was actually incurred. - FY2019RestatedAnnual report
「The Group will continue to pursue these development projects with the aim of achieving and completing the redevelopment plans, but as these are real estate development projects, unexpected substantial extraordinary losses or extraordinary gains may be recognized.」
While proceeding with redevelopment in Tokyo and Osaka, the company continues to state that substantial extraordinary gains or losses may arise in connection with the real estate development. - FY2018RestatedAnnual report
「The Group will continue to pursue these development projects with the aim of achieving and completing the redevelopment plans, but as these are real estate development projects, unexpected substantial extraordinary losses or extraordinary gains may be recognized.」
While proceeding with redevelopment in Tokyo and Osaka, the company continues to state that substantial extraordinary gains or losses may arise in connection with the real estate development. - FY2017RestatedAnnual report
「The Group is redeveloping the former sites of its leather manufacturing plants in Tokyo and Osaka. Land preparation and other work has been completed at both sites, which are operating largely as planned, including through interim uses. The Group will continue to pursue these development projects with the aim of achieving and completing the redevelopment plans, but as these are real estate development projects, unexpected substantial extraordinary losses or extraordinary gains may be recognized.」
Although land preparation and interim use were described as largely proceeding as planned, the company continues to state that substantial extraordinary gains or losses may arise during the promotion and completion of the redevelopment projects. - FY2016First statedAnnual report
「The further promotion of development or the operations phase in the Tokyo area may result in the recognition of substantial extraordinary losses or extraordinary gains.」
The company indicated that extraordinary gains or losses may arise during the development or operations phase of projects to develop former factory sites in Tokyo and Osaka.