Securing Investment Funds and Improving the Financial Position Through Asset Reduction
First written in FY2016. 12 of 15 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2027-H1.
20 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「JFE Steel Corporation (consolidated subsidiary) Kawasaki Ogishima 1 Logistics G.K., Kawasaki Ogishima 2 Logistics G.K. Real estate sale and purchase agreement concerning land at Ogishima in the Keihin area 5 August 2026」
As part of asset compression and the conversion of land use in the Keihin area, a real estate sale and purchase agreement concerning the Ogishima land was signed on 5 August 2026. - 2026-08-05AdvancedRevisions to earnings forecasts
「今後の土地利用転換に向けた投資資金を確保することを目的として譲渡することといたしました。」
京浜地区の土地利用転換に関連する遊休土地の譲渡について、土地利用転換の投資資金確保を目的とする資産圧縮の具体策が開示された。 - FY2026AdvancedAnnual report
「In fiscal 2025, the company sold all or part of 5 holdings for ¥2.4 billion, based on market value.」
The company continued to reduce cross-held shares, selling 5 holdings for ¥2.4 billion in fiscal 2025. The significance of the holdings and their investment returns are being reviewed by the board of directors. - 2026-05-08AdvancedFinancial results presentation
「財務健全性の確保のため、資産売却の促進、投資計画の見直しを実施」
厳しい事業環境を踏まえ、資産売却の促進と投資計画の見直しを財務施策として示した。 - FY2026-H1AdvancedAnnual report
「The Company, 今治造船㈱ and IHI Corporation decided to transfer to 今治造船㈱ part of the shares in ジャパン マリンユナイテッド㈱, an equity-method affiliate of the Company and IHI Corporation, owned by the Company and IHI Corporation, and reached an agreement on the share transfer dated 26 June 2025.」
As part of asset reduction and a review of the business portfolio, an agreement was disclosed to transfer a 15.0% stake in JMU to Imabari Shipbuilding. The transfer is scheduled to be executed after filings with and approval from the relevant authorities. - FY2025AdvancedAnnual report
「In fiscal 2024, the company sold all or part of 11 holdings for ¥14.2 billion, based on market value.」
The company continued to reduce cross-held shares, selling 11 holdings for ¥14.2 billion in fiscal 2024. Asset reduction is progressing together with the sale of land in the Keihin area and the sale of interests in subsidiaries. - FY2024AdvancedAnnual report
「In fiscal 2023, the company sold all or part of 16 holdings for ¥21.6 billion, based on market value.」
The company continued to reduce cross-held shares, selling 16 holdings for ¥21.6 billion in fiscal 2023. It is working to secure financial soundness through structural reform, asset reduction and a capital increase. - FY2024-Q1AdvancedAnnual report
「On 9 May 2023, JFEスチール㈱ transferred 76.6% of the issued shares of JFE継手㈱ to ㈱リケン.」
The transfer of shares in a group company marked concrete progress in asset reduction and a review of the business portfolio. - FY2023AdvancedAnnual report
「In fiscal 2022, we worked to reduce assets by transferring shares in group companies as part of a business review, selling cross-held shares, and selling part of the land in the Keihin area.」
Asset reduction continued, including the sale of 30 cross-held shares for ¥27.1 billion in fiscal 2022 and the conclusion of an agreement to sell land in the Ogimachi area of Keihin. - FY2022AdvancedAnnual report
「In fiscal 2021, the company sold all or part of 61 holdings for ¥41.9 billion, based on market value.」
The company continued to reduce cross-held shares, selling 61 holdings for ¥41.9 billion in fiscal 2021. - FY2021AdvancedAnnual report
「In addition to thorough asset reduction through a review of businesses and assets with low earnings contributions, we will secure the necessary funds by improving the CCC through inventory reduction and other measures.」
The previous policy on asset reduction and CCC improvement was quantified as ¥200 billion of asset reduction under the Seventh Medium-Term Plan. The company also disclosed that it sold 143 cross-held shares for approximately ¥145.9 billion between fiscal 2019 and fiscal 2020. - FY2021-Q3AdvancedAnnual report
「As a result of the transfer of these fixed assets, the company plans to recognise a gain on sale of fixed assets of ¥27.7 billion in the fourth quarter of fiscal 2020.」
As part of its measures to reduce assets and strengthen its financial position, JFEエンジニアリング concluded an agreement to transfer rental real estate and planned to recognise a ¥27.7 billion gain on sale of fixed assets in the fourth quarter of fiscal 2020. - FY2020RaisedAnnual report
「In addition to improving the CCC (Cash Conversion Cycle) through inventory reduction and other measures, we will reduce interest-bearing debt by further reducing cross-held shares and other assets and reviewing the priorities for capital expenditures, investments and loans.」
In addition to the previous asset-reduction policy, the company combined inventory reduction, reductions in cross-held shares, and a review of priorities for capital expenditures, investments and loans, explicitly stating its intention to reduce interest-bearing debt. - FY2017RestatedAnnual report
「To steadily implement these measures, we will secure the necessary funds through asset reduction and other means, while working to strengthen competitiveness and improve our financial position.」
The policy of balancing the securing of investment funds through asset reduction with improvements to the financial position remains in place. - FY2016First statedAnnual report
「To steadily implement these measures, we will secure the necessary funds through asset reduction and other means, while working to strengthen competitiveness and improve our financial position.」
A policy of balancing continued investment with financial soundness through asset reduction.