Change in Estimates of Restoration Costs for Warehouses and Other Facilities and Recognition of Asset Retirement Obligations
First written in FY2026-H1. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the fiscal year, we revised our estimate of the restoration costs for warehouses and other facilities in connection with asset retirement obligations recorded under real estate lease agreements, based on new information including recent actual restoration costs. As a result, asset retirement obligations increased by ¥44.580 million from the beginning of the fiscal year.」
The annual accounts finalized the change in the estimate of restoration costs and the change from simplified to standard accounting treatment, bringing the year-end balance of asset retirement obligations to ¥65.528 million. - 2026-05-15RestatedEarnings
「As a result, the asset retirement obligation increased by ¥44,580 thousand from the beginning of the current accounting year.」
The company reconfirmed the change in its estimate of restoration costs and the resulting increase in the asset retirement obligation, together with the specific amount. - FY2026-H1First statedAnnual report
「During the current fiscal year, we revised our estimates of restoration costs for warehouses and other facilities based on new information, including recent actual restoration costs, regarding the asset retirement obligations recognized for restoration obligations under real estate lease agreements. In addition, because the estimated restoration costs exceed the security deposits related to the lease agreements, we changed from the conventional simplified treatment, under which the restoration obligations arising from real estate lease agreements were amortized, to the general treatment of recognizing the asset retirement obligations as liabilities. As a result, asset retirement obligations increased by ¥44.580 million from the beginning of the current fiscal year.」
Based on new information, including recent actual restoration costs, the company revised its estimates and changed from the conventional simplified treatment to the general treatment of recognizing asset retirement obligations as liabilities. Asset retirement obligations increased by ¥44.580 million from the beginning of the fiscal year.