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Nissan Securities Group (8705) · InitiativeRecognition of Head Office Relocation Costs

Relocation of the Head Office to GINZA SIX

First written in FY2023. 1 of 4 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024-Q3.

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ProgressHeldSoftenedWorseFirst statedFY2023AdvancedFY2024-Q1 – FY2024-Q22023: 320232024: 12024
Same theme, other companies
Head Office RelocationA theme 185 companies write about · 22 as a headwind · 112 as a tailwind

10 other companies' latest entry also says "Other".

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Showing 14 of the 185 companies compared. The sentences above are computed from all 185.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q3Recognition of Head Office Relocation CostsAnnual report

    「Head office relocation costs — Note 1 100.991」

    In connection with the head office relocation to GINZA SIX carried out on 11 September 2023, the company recorded ¥100.991 million in head office relocation costs as an extraordinary loss. The recognition of post-relocation costs has been specified.
  2. FY2024-Q2AchievedAnnual report

    「(2) Relocation date 11 September 2023」

    The head office relocation to GINZA SIX was carried out on 11 September 2023. In connection with the relocation, the company recorded head office relocation costs of ¥91.488 million and a loss on disposal of property, plant and equipment of ¥35.583 million, meaning the relocation planned in the previous filing had been completed.
  3. FY2024-Q1AdvancedAnnual report

    「(2) Relocation date 11 September 2023 (3) Impact on results for the fiscal year ending March 2024 The company expects to record total costs of ¥156 million associated with the head office relocation, including brokerage fees, moving expenses, double rent, loss on disposal of property, plant and equipment, and the purchase of fixtures and equipment. Of this amount, ¥124 million in head office relocation costs, including brokerage fees, moving expenses and double rent, and loss on disposal of property, plant and equipment, is expected to be recorded as an extraordinary loss.」

    For the head office relocation to GINZA SIX, the company finalized the relocation date as 11 September 2023 and indicated that it expected to record total costs of ¥156 million, including ¥124 million in extraordinary losses, in the fiscal year ending March 2024. The plan had progressed to the stage of a specific implementation date and cost estimate.
  4. FY2023First statedAnnual report

    「At a meeting held on 14 April 2023, the Board of Directors resolved to select GINZA SIX as the relocation site for the group's head office and to enter into a fixed-term building lease agreement for occupancy of the building, and the company entered into the agreement on the same date.」

    After the filing date, on 14 April 2023, the company resolved to relocate its head office and announced plans to move to 6-10-1 Ginza, Chuo-ku, Tokyo, by September 2023.
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Relocation of the Head Office to GINZA SIX | Nissan Securities Group Co.,Ltd. (8705) | Komori