Increase in liabilities due to a change in the estimate for asset-retirement obligations
First written in FY2023. . Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 9 companies on the "Worse" side.
29 other companies' latest entry also says "Other".
- FY2026Continued Decline in Asset Retirement ObligationsAnnual report
「Year-end balance ¥1,333.653 million ¥1,300.566 million」
Asset retirement obligations decreased from ¥1,333.653 million at the end of the previous fiscal year to ¥1,300.566 million at the end of the current fiscal year due to reductions from fulfilment and other factors. - FY2025Additional Decline in Asset Retirement ObligationsAnnual report
「Year-end balance ¥1,355.883 million ¥1,333.653 million」
Asset retirement obligations, which stood at ¥1,355.883 million at the end of the previous fiscal year, decreased to ¥1,333.653 million at the end of the current fiscal year due to reductions from fulfilment and other factors. - FY2024Decrease in the asset retirement obligation balanceAnnual report
「Changes in the balance of asset retirement obligations were as follows.…… Year-end balance ¥1,395.759 million ¥1,355.883 million」
Asset retirement obligations, which increased by ¥631.404 million in the previous fiscal year due to a change in estimates, decreased to ¥1,355.883 million at the end of the current fiscal year due to reductions from fulfilment and other factors. - FY2023First statedAnnual report
「As it became clear that the removal costs required when the assets are retired were expected to substantially exceed the amounts estimated when the fixed assets were acquired, the increase resulting from the change in estimates was discounted at a Japanese government bond yield of 0.784% and ¥631.404 million was added to the asset retirement obligation balance before the change.」
The company revised its estimates for obligations including restoring stores to their original condition and increased asset retirement obligations by ¥631.404 million. The year-end balance was ¥1,395.759 million.