Changes in the Calculation of Asset Retirement Obligations Following an Amendment to the Ordinance on Provisions for the Dismantling of Nuclear Power Facilities
First written in FY2019-Q1. 2 of 3 entries say "Restated". Latest entry: FY2019-Q3.
The whole theme swung hardest in 2024: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- FY2019-Q3RestatedAnnual report
「As a result, asset retirement obligations and assets corresponding to asset retirement obligations each increased by ¥45,512 million.」
The Company continues to disclose the change in the measurement method following the revision of the ordinance on provisions for decommissioning nuclear power facilities and the ¥45,512 million increase in asset retirement obligations, etc. - FY2019-Q2RestatedAnnual report
「As a result, asset retirement obligations and assets corresponding to asset retirement obligations each increased by ¥45,512 million.」
The Company continues to disclose the change in the measurement method following the revision of the ordinance on provisions for decommissioning nuclear power facilities and the ¥45,512 million increase in asset retirement obligations, etc. - FY2019-Q1First statedAnnual report
「On 1 April 2018, the “Ordinance Partially Amending the Ordinance on Provisions for Decommissioning Nuclear Power Facilities, etc.” (Ordinance of the Ministry of Economy, Trade and Industry No. 17 of 2018; the “Amended Ordinance”) came into force, amending the “Ordinance on Provisions for Decommissioning Nuclear Power Facilities” (Ordinance of the Ministry of International Trade and Industry No. 30 of 1989). As a result, asset retirement obligations and assets corresponding to asset retirement obligations each increased by ¥45,512 million.」
Following the enforcement of the Amended Ordinance, the method for calculating the expected usage period of asset retirement obligations for specified nuclear power facilities was changed, and asset retirement obligations and assets corresponding to asset retirement obligations each increased by ¥45,512 million.