Komori
Hiramatsu (2764) · InitiativeRestated

Sale of fixed assets in connection with the capital and business alliance with NTT Urban Development

First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2018.

4entries
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ProgressHeldSoftenedWorseFirst statedFY2017 – FY2018-Q1AdvancedFY2018-Q22017: 320172018: 12018
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Sale of fixed assets in connection with the capital and business alliance with NTT Urban DevelopmentA theme 1 companies write about · 0 as a headwind · 0 as a tailwind

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  1. FY2018RestatedAnnual report

    「This was mainly due to a ¥2,163 million increase in cash and deposits and a ¥492 million increase in tangible fixed assets, which rose as a result of acquisitions for new store openings and other purposes, but declined as a result of the sale of buildings and structures in connection with the capital and business alliance with NTT Urban Development Corporation.」

    The sale of buildings and structures in connection with the capital and business alliance with NTT Urban Development was reconfirmed as a factor behind changes in tangible fixed assets for the full fiscal year.
  2. FY2018-Q2AdvancedAnnual report

    「As a result of measures including placing off the balance sheet fixed assets related to the hotel business and utilizing leases through the alliance with NTT Urban Development Corporation, the equity ratio reached 41.8%, enabling us to further strengthen our financial position.」

    It was disclosed that, in connection with the alliance with NTT Urban Development, the Company was placing fixed assets related to the hotel business off the balance sheet and utilizing leases.
  3. 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 disclosed as a factor behind the decrease in assets during the quarter.
  4. FY2017First statedAnnual report

    「Part of the buildings and structures at THE HIRAMATSU HOTELS & RESORTS Sengokuhara was sold in May 2017 in connection with the capital and business alliance with NTT Urban Development Corporation.」

    The sale in May 2017 of part of the buildings and structures at Sengokuhara in connection with the capital and business alliance with NTT Urban Development was disclosed for the first time.
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