Increase in estimated asset retirement obligations associated with store closures and other events
First written in FY2019. 4 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2026.
The whole theme swung hardest in 2019: 3 of 9 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Balance at fiscal year-end ¥686.180 million」
The balance of asset retirement obligations declined from ¥688.440 million in the previous fiscal year to ¥686.180 million. - FY2024MitigatedAnnual report
「Amount of change in estimate associated with store closures and other events (△ indicates a decrease) △¥31.603 million Balance at fiscal year-end ¥726.350 million」
For asset retirement obligations, the change in estimate associated with store closures and other events was a decrease of ¥31.603 million, and the balance at fiscal year-end also declined from ¥844.920 million to ¥726.350 million. - FY2023MitigatedAnnual report
「Amount of change in estimate associated with store closures and other events (△ indicates a decrease) △¥8.527 million Balance at fiscal year-end ¥844.920 million」
For asset retirement obligations, the change in estimate associated with store closures and other events was a decrease, and the balance at fiscal year-end also declined from ¥963.488 million in the previous fiscal year to ¥844.920 million. - FY2022MitigatedAnnual report
「Amount of change in estimate associated with store closures and other events (△ indicates a decrease) △¥10.100 million Balance at fiscal year-end ¥963.488 million」
For asset retirement obligations, the change in estimate associated with store closures and other events was a decrease of ¥10.1 million, and the balance at fiscal year-end also declined from ¥1,247.701 million in the previous fiscal year to ¥963.488 million. - FY2019MaterialisedAnnual report
「During the current fiscal year, the Company revised its estimate after it became clear that the removal costs required when the assets are retired were expected to exceed the initial estimate. The amount includes an increase of ¥671.524 million resulting from the revision.」
For asset retirement costs associated with store closures and other events, it became clear that the costs were expected to exceed the initial estimate, and the Company recorded an increase of ¥671.524 million resulting from the revised estimate.