Shortening of Fixed Asset Useful Lives in Connection with Main Store Renovation
First written in FY2021-Q3. 1 of 2 entries say "Advanced", first in FY2021. Latest entry: FY2021.
1 other company's latest entry also says "Advanced".
- FY2021AdvancedAnnual report
「As a result, compared with the previous method, operating income for the consolidated fiscal year decreased by ¥203 million, while ordinary loss and net loss before income taxes and other adjustments for the fiscal year increased by ¥203 million.」
The Company specifically disclosed a full-year ¥203 million impact on profit and loss from shortening the useful lives of fixed assets in connection with renovations at the main store. - FY2021-Q3First statedAnnual report
「In connection with renovations to some shops at the main store, the Company shortened the useful lives of fixed assets that will no longer be usable and changed their useful lives so that depreciation will be completed by their scheduled demolition dates. As a result, compared with the previous method, operating loss, ordinary loss and quarterly net loss before income taxes and other adjustments for the cumulative third-quarter consolidated period each increased by ¥67 million.」
In connection with renovations to some shops at the main store, the useful lives of fixed assets that will no longer be usable were shortened, increasing each loss for the cumulative third-quarter period by ¥67 million.