Change in asset retirement obligation estimate following new information on restoration costs
First written in FY2022-Q1. . Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
33 other companies' latest entry also says "Other".
- FY2026Change in the estimate of asset-retirement obligationsAnnual report
「The increase of ¥3 million resulting from the change in estimate was added to the balance of asset retirement obligations before the change.」
Asset retirement obligations increased by ¥3 million as a result of a new change in the estimate of restoration obligations. - FY2022-Q1First statedAnnual report
「During the first quarter of the current fiscal year, the Company revised its estimate of restoration costs associated with asset retirement obligations recorded for restoration obligations under real estate lease agreements, following the receipt of new information. The resulting increase of ¥27 million was added to the balance of asset retirement obligations before the change. The impact of this change in estimate on profit or loss was immaterial.」
Based on new information regarding restoration costs, asset retirement obligations were increased by ¥27 million. The impact on profit or loss was immaterial.