Strengthening operating efficiency, business continuity and financial condition through head office relocation and the sale of the existing head office building
First written in FY2022-Q1. 1 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2022-Q3.
5 other companies' latest entry also says "Achieved".
- FY2022-Q3AchievedAnnual report
「This was mainly due to the sale of the head office building, which reduced land by ¥721.854 million and buildings and structures, net, by ¥177.809 million, while goodwill increased by ¥77.512 million, among other factors.」
The sale of the current head office building, which had progressed to contract execution in the previous quarter, was completed, and a gain on sale of fixed assets of ¥665.762 million was recorded. The completion date for the head office relocation was not separately specified. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 26 July 2021, the Company resolved to transfer fixed assets and entered into a real estate sale and purchase agreement on 27 July 2021.」
The relocation of the head office and sale of the current head office building progressed to a Board of Directors resolution and execution of a real estate sale and purchase agreement. The ownership transfer was scheduled for late December 2021, and ¥165 million in sale-related earnest money received was also recorded. - FY2022-Q1First statedAnnual report
「The Company decided to relocate its head office to improve operating efficiency by developing and improving the workplace environment, enhance head office functions and business continuity, and enable a flexible response to future changes in staffing. At the same time, to use management resources more efficiently and strengthen its financial condition, the Company decided to sell the land and building of its existing head office. Date of transfer of ownership: 12 November 2021 (scheduled). The Company plans to record an estimated gain on the sale of fixed assets of ¥650 million as extraordinary income in the third-quarter consolidated accounting period of the fiscal year ending March 2022, from 1 October 2021 to 31 December 2021, as a result of the transfer of these fixed assets.」
The Company disclosed plans to improve the workplace environment, operating efficiency, head office functions and business continuity through head office relocation, and to sell the land and building of its existing head office. The transfer of ownership was scheduled for 12 November 2021, and a gain on the sale of fixed assets of ¥650 million was expected.