Asset reallocation and financial position strengthening through the sale of the former Kansai plant site
First written in FY2018. 3 of 4 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2026.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The main decreases during the consolidated fiscal year were depreciation expense of ¥61 million and the sale of idle assets of ¥477 million.」
Sold idle assets for ¥477 million, reducing the amount of investment property recognised on the consolidated balance sheet from ¥2,569 million to ¥2,121 million. - FY2025AdvancedAnnual report
「In addition to the major facilities listed above, we owned idle land valued at ¥466 million (15,000 m²) in Moji Ward, Kitakyushu, Fukuoka Prefecture, which was sold in May 2025.」
Sold idle land in May 2025 and continued to reallocate assets held. - FY2019-Q3AdvancedAnnual report
「Gain on sale of property, plant and equipment 1,948」
A gain on sale of property, plant and equipment of ¥1,948 million was recorded in the income statement for the cumulative third quarter. The table in the main text does not explicitly establish a direct link to the former Kansai Plant site. - FY2018First statedAnnual report
「We reviewed our assets and decided to transfer the relevant assets in order to optimise the allocation of management resources and strengthen our financial position. In the fiscal year ending March 2019, which includes the transfer date, we expect to record a gain on sale of property, plant and equipment of ¥1,791 million as extraordinary income.」
Entered into an agreement to transfer the land and other assets at the closed Kansai Plant in late December 2018, with the aim of reallocating management resources and strengthening the financial position. A gain on sale of property, plant and equipment of ¥1,791 million is expected.