Improving Asset Efficiency Through the Sale of Fixed Assets
First written in FY2017-Q2. 8 of 12 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 4 of 42 companies on the "Worse" side.
34 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Cash generated from investing activities totaled ¥12,259 million (¥324 million used in the same period of the previous year). This was mainly due to ¥12,126 million in proceeds from the sale of property, plant and equipment and intangible assets (none in the same period).」
The sale of hotel assets and other fixed assets generated proceeds of ¥12,126 million during the current interim consolidated accounting period. Asset efficiency improvements and the conversion of fixed assets into cash advanced significantly. - FY2023RestatedAnnual report
「We aim to achieve an early return to profitability by thoroughly enhancing and effectively utilizing our assets and further expanding business areas that offer overwhelming differentiation from competitors.」
The policy of expanding differentiated business areas and seeking a return to profitability through the enhancement and effective utilization of assets held was reconfirmed. - FY2022AdvancedAnnual report
「We are also undertaking business restructuring, including relocating stores, reducing and optimizing personnel and recruitment costs, reviewing expenses centered on rent and advertising costs, and selling idle assets.」
Fixed-asset sales continued as a specific business restructuring measure alongside store relocations, optimization of personnel and recruitment costs, and expense reviews. - FY2021AdvancedAnnual report
「In addition, we will improve cash flow by strengthening control over the execution of expenses and promoting the sale of assets held by the Company.」
The policy of promoting fixed-asset sales as a means of improving cash flow, in addition to improving asset efficiency, alongside expense management was stated. - FY2019Fixed-asset sales continued, while proceeds from sales declinedAnnual report
「Cash used in investing activities totaled ¥2,202 million (¥995 million in the previous consolidated fiscal year). This was mainly because ¥2,585 million was spent on the acquisition of property, plant and equipment and intangible assets for new openings and other purposes, while ¥333 million was received from the sale of property, plant and equipment (¥1,100 million in the previous fiscal year).」
Fixed-asset sales continued alongside investments in new openings, but full-year proceeds from sales decreased from ¥1,100 million in the previous fiscal year to ¥333 million. - FY2018AdvancedAnnual report
「Cash used in investing activities totaled ¥995 million (¥102 million in the previous consolidated fiscal year). This was mainly because ¥2,063 million was spent on the acquisition of property, plant and equipment and intangible assets for new openings and other purposes, while ¥1,100 million was received from the sale of property, plant and equipment (¥3,416 million in the previous fiscal year).」
For fixed-asset sales, full-year proceeds of ¥1,100 million were reported, quantifying the asset rotation carried out alongside investments in new openings. - FY2018-Q3AdvancedAnnual report
「The land of Auberge de l'Ill Sapporo was sold in November 2017.」
Regarding improved asset efficiency through fixed-asset sales, the new outcome of selling the land of Auberge de l'Ill Sapporo was disclosed. - FY2018-Q2AdvancedAnnual report
「Cash used in investing activities totaled ¥437 million (¥679 million used in the same period of the previous year). The main increase was ¥864 million in proceeds from the sale of property, plant and equipment (¥928 million in the same period), while the main decrease was ¥1,276 million in spending on the acquisition of property, plant and equipment and intangible assets (¥1,787 million in the same period).」
Regarding improved asset efficiency through fixed-asset sales, proceeds from sales of ¥864 million were recorded during the cumulative second-quarter period. - FY2018-Q1RestatedAnnual report
「This was mainly due to a ¥331 million decrease in cash and deposits and a ¥589 million decrease in property, plant and equipment resulting from the sale of buildings and structures in connection with the capital and business alliance with NTT Urban Development Corporation, among other factors.」
The sale of buildings and structures in connection with the capital and business alliance with NTT Urban Development continued to be identified as a factor behind the decrease in property, plant and equipment. - FY2017AdvancedAnnual report
「Cash used in investing activities totaled ¥102 million (¥1,958 million in the previous consolidated fiscal year). This was mainly because ¥3,769 million was spent on the acquisition of property, plant and equipment and intangible assets for new openings, while ¥3,416 million was received from the sale of property, plant and equipment (none in the previous fiscal year).」
Regarding improved asset efficiency through fixed-asset sales, full-year proceeds from sales of ¥3,416 million were reported. - FY2017-Q3AdvancedAnnual report
「During the second-quarter consolidated cumulative period, we sold part of THE HIRAMATSU HOTELS & RESORTS KASHIKOJIMA in Agocho, Shima City.」
Regarding improved asset efficiency through fixed-asset sales, the specific outcome of selling part of Kashikojima was disclosed. - FY2017-Q2First statedAnnual report
「In addition to sales exceeding expectations, the Company improved asset efficiency through the sale of fixed assets, among other measures, resulting in performance exceeding the forecast announced in the "Notice Regarding Revisions to the Earnings Forecast for the Second Quarter (Cumulative) of the Fiscal Year Ending March 2017" dated 5 September 2016.」
The disclosure first stated that the sale of fixed assets was being positioned as a means of improving asset efficiency.