Change in the Estimate for Asset Retirement Obligations Due to Relocation
First written in FY2022-Q1. . Latest entry: FY2022-Q3.
2 other companies' latest entry also says "Other".
- FY2022-Q3Cumulative Increase in the Impact of Changes to the Asset Retirement Obligation EstimateAnnual report
「As a result, compared with the previous method, operating loss, ordinary loss and quarterly net loss before income taxes increased by ¥34.554 million in the current third-quarter consolidated cumulative period.」
The loss impact from the change in Okafuji Shoji's estimate of asset retirement obligations associated with its relocation and vacating the premises increased from ¥23.339 million in the cumulative second-quarter period to ¥34.554 million in the cumulative third-quarter period. - FY2022-Q2Cumulative Increase in the Impact of Changes to the Asset Retirement Obligation EstimateAnnual report
「As a result, compared with the previous method, operating loss, ordinary loss and quarterly net loss before income taxes increased by ¥23.339 million in the current second-quarter consolidated cumulative period.」
The loss impact from the change in Okafuji Shoji's estimate of asset retirement obligations associated with its relocation and vacating the premises was ¥23.339 million for the cumulative second-quarter period. - FY2022-Q1First statedAnnual report
「During the current first-quarter consolidated accounting period, the company changed the amount of the security deposit held by its consolidated subsidiary Okafuji Shoji Co., Ltd. that was determined ultimately unlikely to be recovered, based on new information obtained regarding the vacating of the premises due to relocation and the costs of restoring the property under its real estate lease. As a result, compared with the previous method, operating loss, ordinary loss and quarterly net loss before income taxes increased by ¥11.669 million in the current first-quarter consolidated cumulative period.」
Okafuji Shoji changed its estimate of the restoration costs associated with its relocation and vacating the premises, increasing operating loss and other losses by ¥11.669 million.