Sun A.Kaken (4234) · InitiativeAchieved
Improving asset efficiency through the sale of the former Sapporo plant site
First written in FY2024-Q2. 1 of 2 entries say "Achieved", first in FY2024-Q3. Latest entry: FY2024-Q3.
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Improving asset efficiency through the sale of the former Sapporo plant siteA theme 1 companies write about · 0 as a headwind · 1 as a tailwind
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- FY2024-Q3AchievedAnnual report
「As a result of this event, the Company recorded ¥945.489 million as a gain on sale of fixed assets under extraordinary income in its non-consolidated and consolidated financial results for the third quarter of the fiscal year ending March 2024.」
The transfer of the former Sapporo plant site was completed on 16 October 2023, and a gain on the transfer of ¥945.489 million was recorded under extraordinary income for the third quarter of the fiscal year ending March 2024. The transfer, undertaken to improve asset efficiency, has been completed. - FY2024-Q2First statedAnnual report
「The Company is transferring fixed assets it owns to make effective use of its management resources and improve asset efficiency.」
A transfer agreement for the 22,846.79 m² former Sapporo plant site was signed on 28 September 2023, and the transfer was completed on 16 October. The gain on the transfer was approximately ¥944 million, and the Company disclosed that it expected to record this as a gain on sale of fixed assets in the third quarter of the fiscal year ending March 2024.