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Hokkaido Gas (9534) · InitiativeAchieved

Decision to Relocate Headquarters

First written in FY2018-Q2. 3 of 7 entries say "Restated". Latest entry: FY2020.

7entries
4years
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ProgressHeldSoftenedWorseRestatedFY2018-Q2 – FY2020-Q32017: 120172018: 120182019: 320192020: 22020
Same theme, other companies
Head Office RelocationA theme 185 companies write about · 22 as a headwind · 112 as a tailwind

82 other companies' latest entry also says "Achieved".

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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. FY2020AchievedAnnual report

    「June 2019: Relocated the head office from Chuo-ku, Sapporo, to Higashi-ku following completion of the North Gas Group headquarters building.」

    The new group headquarters building was completed and the head office relocation had been carried out.
  2. FY2020-Q3RestatedAnnual report

    「During the first quarter of the fiscal year, we revised the estimate for restoration costs relating to the asset retirement obligation recorded in connection with the restoration obligation under a real estate lease agreement, following the receipt of new information on restoration costs. As a result of this estimate revision, operating income, ordinary income and profit before income taxes for the current third-quarter cumulative period increased by ¥108.303 million.」

    The estimate revision for the asset retirement obligation related to the new headquarters relocation, and the resulting ¥108.303 million increase in profit, continued to be disclosed on a cumulative basis for the full fiscal year.
  3. FY2020-Q2RestatedAnnual report

    「In addition, ordinary income increased 61.9% year on year to ¥1,163 million, despite an increase in costs related to the relocation to the new headquarters, among other factors, due to the recognition of a ¥316 million reversal gain on the provision for repairs at a consolidated subsidiary.」

    Even after the relocation to the new headquarters, the increase in relocation-related costs continued to be cited as a factor affecting ordinary income.
  4. FY2020-Q1Change in the Estimate for Asset Retirement ObligationsAnnual report

    「During the current first quarter, we revised the estimate for restoration costs relating to the asset retirement obligation recorded in connection with the restoration obligation under a real estate lease agreement, following the receipt of new information on restoration costs. The ¥108.303 million decrease resulting from this estimate revision was deducted from the asset retirement obligation balance before the revision. As a result of this estimate revision, operating income, ordinary income and profit before income taxes for the current first-quarter cumulative period increased by ¥108.303 million.」

    Based on new information on restoration costs under the real estate lease agreement, the estimate for the asset retirement obligation was revised, reducing it by ¥108.303 million and increasing each profit measure by the same amount.
  5. FY2019Updated the head office relocation timing to June 2019.Annual report

    「In June this year, we relocated to the new group headquarters, establishing an environment that facilitates communication among employees and is comfortable to work in, in addition to improving efficiency by eliminating the dispersion of operating bases.」

    The disclosure was updated from the previously scheduled relocation to the new group headquarters in May 2019 to a relocation in June 2019.
  6. FY2018RestatedAnnual report

    「At a meeting of the Board of Directors held on 29 September 2017, we resolved to relocate our head office in May 2019 (scheduled).」

    Continued disclosure of the resolution to relocate the head office, scheduled for May 2019, and the resulting change in the estimate for the asset retirement obligation.
  7. FY2018-Q2First statedAnnual report

    「At a Board of Directors meeting dated 29 September 2017, the Company resolved to relocate its head office in May 2019 (予定).」

    The Board of Directors approved the relocation of the head office scheduled for May 2019.
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Hokkaido Gas's next results are scheduled for 2026-10-29. Read the earnings preview
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Decision to Relocate Headquarters | HOKKAIDO GAS CO.,LTD. (9534) | Komori