Future Business Expansion Through the Acquisition of Reserved Land in the Ichikawa-Shiohama District
First written in FY2017-Q2. 3 of 7 entries say "Restated". Latest entry: FY2020-Q1.
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- FY2020-Q1RestatedAnnual report
「The sale of land in the Ichikawa-Shiohama district reduced segment assets in the “Other businesses” segment by ¥1,884,425 thousand.」
The impact on segment assets of the land in the Ichikawa-Shiohama district sold after acquisition continued to be disclosed. - FY2019-Q1Sale of the land in the Ichikawa-Shiohama district acquired by the companyAnnual report
「Meanwhile, the company recorded ¥3,504 million in gain on transfer arising from the transfer of part of its convenience-store business to Lawson, Inc. and Lawson Urban Works, Inc. through an absorption-type company split, and ¥2,665 million in gain on sale of fixed assets from the sale of land in the Ichikawa-Shiohama district held by the company. As a result, net income attributable to owners of the parent was ¥3,492 million, compared with ¥11 million in the same period of the previous year.」
The company disclosed that it recorded a gain on sale of ¥2,665 million on land in the Ichikawa-Shiohama district that it had acquired in anticipation of future business expansion. - FY2018-Q3AchievedAnnual report
「On 28 December 2017, the company borrowed funds from a financial institution to finance the acquisition of reserved land in the land readjustment project area south of Ichikawa-Shiohama Station on the JR Keiyo Line, and completed the acquisition of the fixed asset.」
The company borrowed ¥1.5 billion from a financial institution for the acquisition of reserved land in the Ichikawa-Shiohama district and completed the acquisition of a fixed asset measuring 11,172 m² for approximately ¥1,917 million. - FY2018-Q2RestatedAnnual report
「Total assets at the end of the second quarter fell by ¥4 million, or 0.0%, from the end of the previous consolidated fiscal year to ¥12,812 million. Current assets decreased by ¥173 million, mainly because cash and deposits fell by ¥192 million. Property, plant and equipment decreased by ¥138 million, mainly because buildings declined by ¥88 million. These decreases were partly offset by a ¥335 million increase in investments and other assets, mainly due to the payment of a deposit on land to be acquired in connection with the acquisition of reserved land in the area covered by the land readjustment project in the Shiohama district of Ichikawa City.」
The payment of a deposit on land related to the acquisition of reserved land in the Ichikawa-Shiohama district continued to be disclosed. - FY2018-Q1AdvancedAnnual report
「In addition, investments and other assets increased by ¥348 million because the company paid a deposit on the land to be acquired in connection with the acquisition of reserved land in the area covered by the land readjustment project in the Shiohama district of Ichikawa City.」
The company paid a deposit on the land for the acquisition of reserved land in the Ichikawa-Shiohama district, advancing the acquisition plan. - FY2017RestatedAnnual report
「The company planned to obtain financing from a financial institution this winter for the acquisition of reserved land in the Shiohama district of Ichikawa City within the area covered by the land readjustment project.」
The planned financing from a financial institution for the acquisition of the reserved land continued to be disclosed. - FY2017-Q2First statedAnnual report
「As a land readjustment project is being carried out in an area that includes land owned by the company and part of the land it leases, we will acquire part of the reserved land generated by the project in anticipation of future business expansion. We are planning to use the reserved land for purposes that can contribute to creating a vibrant local community, although the details are still being coordinated.」
The company planned to acquire 11,172 m² of land in the Shiohama district of Ichikawa City for approximately ¥1,917 million. The purchase agreement was scheduled for January 2017, with delivery scheduled for December 2017; the intended use was still being coordinated.