Assumption of tenant facilities owned by 広電ストア and consolidation of real estate management
First written in FY2019-Q3. 2 of 4 entries say "Restated". Latest entry: FY2020-Q2.
0 other companies' latest entry also says "Restated".
- FY2020-Q2RestatedAnnual report
「In the real estate leasing business, revenue increased because the rent-free period for the office building Start Ram Hiroshima ended in August 2018 and tenant facilities owned by 広電ストア were assumed in connection with the transfer of its business.」
The end of the rent-free period at Start Ram Hiroshima and the tenant facilities assumed from 広電ストア contributed to higher revenue in the real estate leasing business. - FY2020-Q1RestatedAnnual report
「In the real estate leasing business, revenue increased as tenant facilities owned by 広電ストア were assumed in connection with the transfer of its business.」
The disclosure continues to state that the tenant facilities assumed from 広電ストア contributed to higher revenue in the real estate leasing business. - FY2019AdvancedAnnual report
「In the real estate leasing business, revenue increased following the completion of the new Start Ram Hiroshima building in November 2017 and the assumption of tenant retail facilities owned by 広電ストア in connection with the transfer of its business.」
Tenant retail facilities owned by 広電ストア were assumed, and real estate management was consolidated within Hiroshima Electric Railway's real estate business. The consolidation of retail and commercial tenant properties increased the amount of rental and other real estate recognized on the consolidated balance sheet by ¥6,703 million. - FY2019-Q3First statedAnnual report
「In the real estate leasing business, revenue increased following the completion of the new Start Ram Hiroshima building in November 2017 and the assumption of tenant retail facilities owned by 広電ストア in connection with the transfer of its businesses. During the third quarter of the current consolidated accounting period, the supermarket and mobile sales businesses, 広電ストア’s principal businesses, were transferred to マックスバリュ西日本株式会社. The management structure for real estate in the distribution business was reviewed and consolidated under Hiroshima Electric Railway Co.,Ltd. (real estate business), resulting in a ¥1,567 million decrease in segment assets for the distribution business compared with the end of the previous consolidated fiscal year.」
In connection with the transfer of 広電ストア’s businesses, assumed the tenant retail facilities owned by the company and consolidated real estate management under Hiroshima Electric Railway Co.,Ltd.’s real estate business.