Asset reduction and financial position strengthening through the sale of owned real estate
First written in FY2021-Q2. 1 of 2 entries say "Achieved", first in FY2021-Q4. Latest entry: FY2021-Q4.
5 other companies' latest entry also says "Achieved".
- FY2021-Q4AchievedAnnual report
「While recording extraordinary income of ¥843 million, including a ¥832 million gain on the sale of fixed assets from the sale of the head office building in Osaka City, Osaka Prefecture,」
The previously planned sale of the head office building was completed, and a ¥832 million gain on the sale of fixed assets was recorded. Measures to improve asset efficiency through asset reduction and securitisation and to strengthen the financial position reached the implementation stage. - FY2021-Q2First statedAnnual report
「Our group decided to transfer the property to improve asset efficiency through asset reduction and securitisation and strengthen its financial position, with a view to the transition to a holding company structure scheduled for 1 October 2020 and to medium- to long-term growth. The transfer price is ¥1.2 billion, with a gain on transfer of approximately ¥800 million. The schedule is as follows: sales contract signing date, 17 July 2020; scheduled property handover date, 24 December 2020.」
Outlined a plan to sell the land and building occupied by the Osaka office for ¥1.2 billion in preparation for the transition to a holding company structure, thereby reducing assets, improving asset efficiency and strengthening the financial position.