Change in Use of the Head Office, etc., and Impairment Losses on Store Assets

「For the west annex of the former Osaka head office, following the decision during the third quarter accounting period to change its use from a common asset to a rental property, the carrying amount was reduced to its recoverable amount. The reduction of ¥226,778 thousand was recorded as an impairment loss under extraordinary losses, comprising land of ¥197,600 thousand, buildings and structures, including removal costs, of ¥29,169 thousand, and other tangible fixed assets of ¥9 thousand.」

「For the Tokyo head office, Osaka head office, and Ishikiri warehouse, following the decision during the current consolidated fiscal year to change their use from shared assets to rental real estate, the carrying amounts were reduced to recoverable amounts. The resulting reduction of ¥3,110.769 million was recognized as an impairment loss under extraordinary losses.」

「For the Tokyo head office, Osaka head office, and Ishikiri warehouse, following the decision to change their use from shared assets to rental real estate beginning in the third quarter of the current consolidated fiscal year, the carrying amounts were reduced to recoverable amounts. The resulting reduction of ¥3,051.698 million was recognized as an impairment loss under extraordinary losses, comprising ¥2,425.763 million for land, ¥624.558 million for buildings and structures, including removal costs, ¥98 thousand for machinery and transportation equipment, and ¥1.278 million for other tangible fixed assets.」