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Key Coffee Inc (2594) · InitiativeCited as achieved

Improving asset efficiency through the transfer of the head office building annex

First written in FY2019-Q3. 1 of 5 entries say "Advanced", first in FY2019. Latest entry: FY2020.

5entries
2years
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019-Q3RestatedFY2020-Q1AchievedFY2020-Q22019: 420192020: 12020
Same theme, other companies
Sale of Head Office Annex Land and Relocation of Pharmaceutical and Research FunctionsA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

0 other companies' latest entry also says "Cited as achieved".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2020Cited as achievedAnnual report

    「The recognition of a gain on sale of fixed assets of ¥833 million also contributed to a significant increase in profit to ¥725 million, up 209.5% year on year.」

    The sale of company-owned properties, including the annex to the head office building, was completed, and the full-year results confirmed the recognition of a gain on sale of fixed assets of ¥833 million.
  2. FY2020-Q2AchievedAnnual report

    「For the period under review, the Group reported net sales of ¥32,219 million for the six months ended Q2, up 0.2% year on year; operating profit of ¥519 million, up 65.6%; and ordinary profit of ¥729 million, up 77.7%. Quarterly net profit attributable to owners of the parent rose sharply to ¥929 million, up 416.9%, partly because the Group recorded a ¥833 million gain on the sale of property, plant and equipment from company-owned properties as extraordinary income.」

    The sale of company-owned property was completed, and a gain on sale of fixed assets of ¥833 million was recognized as an extraordinary gain. The matter has progressed from the planning stage to completion of the sale and recognition of the gain.
  3. FY2020-Q1RestatedAnnual report

    「The disposal is expected to result in an extraordinary gain of approximately ¥833 million in the fiscal year ending March 2020, which includes the delivery date.」

    The company continues to mention the disposal of the annex to its head office building, delivery scheduled for 30 September 2019 and the planned recognition of an extraordinary gain of approximately ¥833 million.
  4. FY2019AdvancedAnnual report

    「At a meeting of the Board of Directors held on 25 December 2018, the company resolved to dispose of the fixed assets described below. The disposal is expected to result in an extraordinary gain of approximately ¥833 million in the fiscal year ending March 2020, which includes the delivery date.」

    The company entered into an agreement to dispose of the land and building comprising the annex to its head office, with delivery scheduled for 30 September 2019 and a gain on disposal of approximately ¥833 million.
  5. FY2019-Q3First statedAnnual report

    「At a meeting of the Board of Directors held on 25 December 2018, the company resolved to dispose of the fixed assets described below. To improve asset efficiency through the effective use of management resources, the company decided to dispose of land and a building it owns in Minato Ward, Tokyo.」

    The company first mentions a measure to improve asset efficiency involving the disposal of the annex to its head office building in Minato Ward, Tokyo, with delivery scheduled for 30 September 2019 and a gain on disposal of approximately ¥833 million.
Moved together

"Strengthening Profitability" moved the same way as this thread, in the same document, in 2 of its 5 moves.

2222★1234
  1. ★This thread
  2. 1Strengthening Profitability2×
  3. 2Expansion of KEY'S CAFE locations2×
  4. 3Absorbing Cost Increases Through Selling-Price Revisions and Reductions in Logistics and SG&A Costs2×
  5. 4Conversion of Franchise Stores to Company-Operated Stores2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Key Coffee Inc's next results are scheduled for 2026-10-29. Read the earnings preview
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No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving asset efficiency through the transfer of the head office building annex | KEY COFFEE INC (2594) | Komori