Change in the Estimate of Asset Retirement Obligations for Store Restoration
First written in FY2025-H1. . Latest entry: FY2025.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
29 other companies' latest entry also says "Other".
- FY2025Increase in the change to the asset-retirement-obligation estimateAnnual report
「The company added the ¥649,723 thousand increase resulting from the revision to the balance of asset retirement obligations before the revision. The revision and recognition of an impairment loss reduced operating income and ordinary income by ¥40,769 thousand each, and interim net income before income taxes by ¥63,146 thousand, for the consolidated fiscal year.」
The revision of the estimate for store restoration costs increased asset retirement obligations by ¥649,723 thousand. The increase was larger than the ¥370,501 thousand recorded in the previous interim period, and the impact on operating income and other measures was also disclosed. - FY2025-H1First statedAnnual report
「At the beginning of the current interim consolidated accounting period, the company revised its estimate of restoration costs for asset retirement obligations recognised in connection with leases for its stores, based on newly obtained information. The ¥370,501 thousand increase resulting from the revision was added to the balance of asset retirement obligations before the revision. The revision reduced operating income, ordinary income and interim net income before income taxes by ¥20,384 thousand each for the current interim consolidated accounting period.」
Following new information on restoration costs for store premises, the company increased asset retirement obligations by ¥370,501 thousand, reducing operating income and other income measures by ¥20,384 thousand.