Shortening of the useful lives of fixed assets due to the ranch renovation
First written in FY2024-Q1. 2 of 3 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2024.
1 other company's latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「As a result, compared with the previous method, operating income, ordinary income and net income before income taxes for the fiscal year each decreased by ¥10.169 million.」
The impact on net income for the year from shortening the useful lives in connection with the renovation of the farm restaurant and retail building amounted to ¥10.169 million. - FY2024-Q2AdvancedAnnual report
「As a result, compared with the previous method, operating income, ordinary income and quarterly net income before income taxes for the cumulative second-quarter period each decreased by ¥5.153 million.」
The impact on operating income and other items for the cumulative second-quarter period from shortening the useful lives of property, plant and equipment in connection with the renovation of the farm restaurant and retail building amounted to ¥5.153 million. - FY2024-Q1First statedAnnual report
「During the first quarter, in connection with the decision to renovate the restaurant and retail building at 千本松牧場, the useful lives of property, plant and equipment that will no longer be used after completion of the new facilities were shortened to their estimated remaining periods of use. As a result, compared with the previous method, operating income, ordinary income and quarterly net income before income taxes for the cumulative first-quarter period each decreased by ¥2.645 million.」
In connection with the decision to renovate the restaurant and retail building, the useful lives of property, plant and equipment that will no longer be used after completion were shortened, reducing operating income and other items for the quarter by ¥2.645 million.