Efficient Use of Management Resources and Strengthening the Financial Position Through the Disposal of Fixed Assets
First written in FY2020-Q3. 2 of 4 entries say "Advanced", first in FY2020. Latest entry: FY2025.
The whole theme swung hardest in 2026: 5 of 57 companies on the "Worse" side.
47 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「During the current consolidated fiscal year, the Company sold land in Osaka held for lease, with a carrying amount of ¥1,393 million, and recorded a gain on sale of fixed assets of ¥5 million.」
Following the 2020 real estate sale, the Company sold land in Osaka held for lease, carrying out a fixed-asset sale that contributed to the effective use of assets and strengthening of its financial position. - FY2021-Q2AchievedAnnual report
「During the current second quarter consolidated cumulative period, the Company sold the following major facilities.」
The Company completed the sale in August 2020 of the leased real estate in Minato-ku, Osaka, which had been planned for sale. Proceeds from the sale of property, plant and equipment were ¥1,515 million, and the gain on sale of fixed assets was ¥781 million. - FY2020AdvancedAnnual report
「At its Board of Directors meeting held on 14 February 2020, the Company resolved to transfer the fixed assets described below and executed a real estate sale and purchase agreement on 2 March 2020.」
The plan progressed from the previous transfer proposal, and a real estate sale and purchase agreement was executed on 2 March 2020. The transfer price was ¥1,880 million, and the property handover was scheduled for 31 August 2020. - FY2020-Q3First statedAnnual report
「At its Board of Directors meeting held on 14 February 2020, the Company resolved to transfer fixed assets as described below. 1. Reason for the transfer The Company decided to transfer the fixed assets to make effective use of management resources and strengthen its financial position. 2. Details of the assets to be transferred Asset name and location Transfer price Gain on transfer Current status Land: 2-3-1 Fukuzaki, Minato-ku, Osaka, Osaka Prefecture 5 additional parcels 12,238.12 m² (total area) Building: five-story reinforced-concrete building 8,153.34 m² (total floor area) ¥1,880,000 thousand ¥762,478 thousand Assets held for lease 4. Transfer schedule (1) Board of Directors resolution date: 14 February 2020 (2) Scheduled contract execution date: 2 March 2020 (3) Scheduled property handover date: 31 August 2020 5. Outlook The Company expects to record a gain on sale of fixed assets of ¥762 million as an extraordinary gain in the second quarter of the fiscal year ending March 2021.」
The Company resolved to sell land and buildings in Minato-ku, Osaka, Osaka Prefecture, for a transfer price of ¥1,880 million, with the aim of making effective use of management resources and strengthening its financial position. The contract was scheduled to be executed on 2 March 2020 and the property handed over on 31 August 2020, with a gain on sale of fixed assets of ¥762 million expected to be recorded in the second quarter of the fiscal year ending March 2021.