Recognition of renovation costs for the Imperial Theatre
First written in FY2019-Q2. 1 of 3 entries say "Restated". Latest entry: FY2019.
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- FY2019Additional disclosure on the scope of the large-scale renovationAnnual report
「At 東宝㈱’s Imperial Theatre, a large-scale renovation was carried out on the main entrance, lobby and other areas. In connection with this work, capital expenditures totaling ¥824 million were made.」
In addition to the previous recognition of renovation costs against operating profit, a large-scale renovation of the main entrance, lobby and other areas and capital expenditures of ¥824 million were disclosed. - FY2019-Q3RestatedAnnual report
「As a result, although the productions and other factors differed from the previous year, operating revenue in the theatrical business was ¥12,925 million, up 8.3% year on year, while operating profit was ¥2,388 million, down 2.7%, partly because renovation costs for the Imperial Theatre were recognized.」
The disclosure continued to identify renovation costs for the Imperial Theatre as one factor behind the decline in operating profit in the theatrical business. - FY2019-Q2First statedAnnual report
「As a result, although the productions and other factors differed from the previous year, operating revenue in the theatrical business was ¥8,312 million, up 11.6% year on year, while operating profit was ¥1,271 million, down 22.0%, partly because renovation costs for the Imperial Theatre were recognized.」
The recognition of renovation costs for the Imperial Theatre was disclosed for the first time as one factor behind the decline in operating profit in the theatrical business.