Komori
M&A and Subsidiary Changes3597JICHODO Co.,Ltd.Materials and Chemicals

Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Gain

The company will transfer land and buildings in Chuo-ku, Osaka, and plans to use them as its Osaka Branch and other facilities through a sale-and-leaseback arrangement after the transfer. As a result of the transfer, the company plans to record a gain on the sale of fixed assets of ¥777 million as extraordinary income for the fiscal year ended June 2022.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
777
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Disposal of Fixed Assets
TimelineThe spacing between the points is proportional to the actual number of days.33 days from 決議 / 締結 to 実行.
Consideration and expenses
Acquisition price譲渡価格及び帳簿価格は、譲渡先の意向により開示を控えさせて頂きます。
Amount of extraordinary income (loss)固定資産売却益777百万円(2022年6月期決算に計上予定)
Impact on Business Performance

2022年6月期決算において固定資産売却益777百万円の特別利益を計上する予定。通期連結業績予想は、他の要因も含めて精査のうえ、修正を行う必要が生じた場合に開示予定。

Procedures and assumptions
Valuation methodology入札による市場価格を反映した適切な価格
Management structure after acquisition当該固定資産は一部を当社大阪支店として使用していたが、譲渡後、譲渡先とリースバック契約を締結し入居する予定。
This transaction
ItemDetails
Transaction nameDisposal of Fixed Assets
Acquisition price譲渡価格及び帳簿価格は、譲渡先の意向により開示を控えさせて頂きます。
Amount of extraordinary income (loss)固定資産売却益777百万円(2022年6月期決算に計上予定)
Impact on Business Performance2022年6月期決算において固定資産売却益777百万円の特別利益を計上する予定。通期連結業績予想は、他の要因も含めて精査のうえ、修正を行う必要が生じた場合に開示予定。
Date of board resolution2022年4月27日
Contract Date2022年4月27日
Execution Date / Effective Date2022年5月30日(物件引渡日)
Valuation methodology入札による市場価格を反映した適切な価格
Management structure after acquisition当該固定資産は一部を当社大阪支店として使用していたが、譲渡後、譲渡先とリースバック契約を締結し入居する予定。
Items this document does not state (23)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

対象固定資産は築28年が経過しており、今後の維持・管理負担の増加が見込まれること、および災害リスクを踏まえて譲渡するとしています。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Transfer of Fixed Assets and Recognition of Extraordinary Gain | JICHODO Co.,Ltd. (3597) timely disclosure | Komori