Kansai Paint (4613) · InitiativeAchieved
Sale of Fixed Assets Associated with Head Office Relocation
First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.
2entries
1years
0from disclosures
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Same theme, other companies
Sale of Land and Buildings at Former Osaka Head OfficeA theme 8 companies write about · 0 as a headwind · 9 as a tailwind
5 other companies' latest entry also says "Achieved".
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Full recordFilings, disclosures and news, newest first
- FY2024AchievedAnnual report
「Net income attributable to owners of the parent was ¥67,109 million, up 166.4% year on year, due mainly to gains on the sale of investment securities associated with the reduction of cross-shareholdings and gains on the sale of property, plant and equipment associated with the sale of land in India and the head office.」
The sale of the former head office following the relocation was completed, and gains on sale for the full year, including the gain on sale of fixed assets, were recorded in net income. - FY2024-Q3First statedAnnual report
「As part of our financial restructuring, we decided to sell the following assets in connection with the relocation of our head office, with the objectives of reducing total assets, strengthening BCP, improving operational efficiency, and improving the workplace for employees.」
In connection with the relocation of the head office, land and buildings in Imabashi, Chuo-ku, Osaka, were sold and delivery was completed on 31 January 2024. A gain on sale of fixed assets of ¥5,890 million is scheduled to be recorded in the fourth quarter of the fiscal year ending March 2024.