Improving Asset Efficiency Through the Sale-and-Leaseback of Care Facilities
First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「There were no new lease agreements related to sale-and-leaseback transactions for nursing care facilities entered into during the current consolidated fiscal year. These lease agreements are generally long-term contracts with terms of 20 to 30 years, extendable by 10 years after the initial term expires, and rents are generally revised after consultation every 2 to 5 years.」
There were no new sale-and-leaseback agreements during the current fiscal year, while the Group reconfirmed the 20- to 30-year terms of existing agreements and the conditions for rent revisions. - FY2025-H1AdvancedAnnual report
「The new lease agreements entered into by the Group during the interim period of the current consolidated fiscal year in the form of leasebacks are as follows.」
The Group entered into new lease agreements in the form of leasebacks for 4 nursing care facilities. All agreements have 30-year terms and may be extended by 10 years after the initial term expires. - FY2023RestatedAnnual report
「These lease agreements are long-term contracts with 20-year terms, extendable by 10 years after the initial term expires. Rents are generally revised after consultation every 2 to 5 years.」
The Group reconfirmed its use of long-term leasing arrangements, including sale-and-leasebacks for nursing care facilities, with 20-year terms that may be extended. There were no new sale-and-leaseback agreements during the current fiscal year. - FY2020RestatedAnnual report
「The Group uses sale-and-leaseback transactions as one way of reducing the burden of capital investment in nursing care facilities.」
The Group reiterated its policy of continuing to use sale-and-leaseback transactions to reduce the burden of capital investment. No new agreements were entered into during the current consolidated fiscal year. - FY2019AdvancedAnnual report
「As described above, the Group uses an off-balance-sheet scheme for its nursing care facilities and sold 4 facilities, for a sale price of ¥3,524 million, in the consolidated fiscal year ended March 2019. (In the fiscal year ended March 2018, it sold 2 facilities for ¥2,336 million.)」
The Group entered into sale-and-leaseback transactions for 4 nursing care facilities at a sale price of ¥3,524 million and recorded gains on the sale of fixed assets of ¥504.390 million and other income. - FY2019-Q3AdvancedAnnual report
「The new lease agreements entered into by the Group during the third quarter of the current consolidated fiscal year in the form of leasebacks are as follows.」
The Group entered into new lease agreements in the form of leasebacks for Sawayaka Inazawa-kan and Sawayaka Okazaki-kan. Both agreements have 20-year terms and may be extended by 10 years after expiration. - FY2018-Q3AdvancedAnnual report
「The new lease agreements entered into by the Group during the third quarter of the current consolidated fiscal year in the form of leasebacks are as follows. These are long-term agreements with 20-year terms, extendable by 10 years after the initial term expires.」
The Group decided to enter into and executed a new lease agreement in the form of a leaseback for Sawayaka Kashiwa-kan. The agreement has a 20-year term and may be extended by 10 years after expiration. - FY2017RestatedAnnual report
「As described above, the Group uses an off-balance-sheet scheme for its nursing care facilities and sold 4 facilities, for a sale price of ¥3,700 million, in the consolidated fiscal year ended March 2016. (No such transactions were carried out in the fiscal year ended March 2017.)」
The Group cites the sale of 4 facilities in the previous fiscal year and explains that it did not carry out any sale-and-leaseback transactions in the current fiscal year. It continues to plan to use the scheme based on its facility expansion and financial position. - FY2017-Q3Cited as achievedAnnual report
「In the cumulative third quarter of the previous consolidated fiscal year, the Group recorded ¥905.725 million in extraordinary income, mainly because gains on the sale of fixed assets arose from sale-and-leaseback transactions involving 2 paid nursing homes, as well as the sale of karaoke equipment and land.」
The Group cites past sale-and-leaseback transactions involving 2 nursing care facilities as examples of extraordinary income generation. - FY2016First statedAnnual report
「The Group uses sale-and-leaseback transactions for nursing care facilities it develops in-house, with the aim of improving asset efficiency by reducing total assets and reducing the burden of capital investment.」
The Group positions sales to special-purpose companies funded by external investment funds and others, followed by leasebacks, as a means of expanding its facilities and improving asset efficiency.