Decision to Sell Rental Property and Recognition of an Impairment Loss
First written in FY2020-Q2. 2 of 4 entries say "Achieved", first in FY2020-Q3. Latest entry: FY2021.
1 other company's latest entry also says "Achieved".
- FY2021AchievedAnnual report
「In February 2021, we sold the classrooms, including the land, buildings and attached facilities, at the former Chiharadai School of 集学舎 Co., Ltd.; in December 2020, we sold the training facilities, including the land, buildings and attached facilities, at the Asumigaoka Training Center.」
Subsidiary 集学舎 completed the sale of the former Chiharadai School and the Asumigaoka Training Center. - FY2021-Q2Decision to sell real estate held by a subsidiary and recognition of impairment lossAnnual report
「An impairment loss of ¥12 million arising from the decision to sell real estate properties held by a subsidiary was recognized as an extraordinary loss.」
Separately from the completed sale of real estate held by the Company, we recognized an impairment loss of ¥12 million arising from the decision to sell real estate held by a subsidiary. - FY2020-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 25 September 2019, we decided to sell the land, buildings and other assets at Saint Hills Ikejiri-Ohashi and 9 other locations owned by the Company, and completed the sales in October and November 2019.」
The sale of the rental properties for which a decision to sell and recognition of an impairment loss had been reported in the previous quarter, including Saint Hills Ikejiri-Ohashi and 9 other locations, was completed in October and November 2019. - FY2020-Q2First statedAnnual report
「In the real estate leasing business, we recognized an impairment loss following the decision to sell real estate properties. The impairment loss recognized for the cumulative consolidated second quarter ended this period was ¥79.421 million.」
We recognized an impairment loss of ¥79.421 million in the real estate leasing business following the decision to sell properties. Total consolidated impairment losses were ¥84.640 million, and the Company decided to sell the land and buildings at Saint Hills Ikejiri-Ohashi and 9 other locations, with sales scheduled for October and November 2019.