Improving Asset Efficiency Through Working Capital Turnover and Fixed-Asset Utilization
First written in FY2019. 1 of 2 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025-H1.
The whole theme swung hardest in 2018: 2 of 21 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「To use its management resources more effectively and improve asset efficiency, the Company decided to transfer the following fixed asset: ① Asset transferred: Land; ④ Land area: 25,032.77㎡; ⑤ Transfer price: ¥4,400 million; ⑥ Gain on transfer: Approximately ¥4,000 million」
For the purpose of improving asset efficiency, the Company transferred 25,032.77㎡ of factory land in Nagaizumi, Shizuoka Prefecture, on 9 August 2024, recording a transfer price of ¥4,400 million and a gain on transfer of approximately ¥4,000 million. - FY2019First statedAnnual report
「The Company will continue to improve asset efficiency by shortening the turnover periods for trade receivables and inventories and improving fixed-asset utilization. For long-term funding to support large-scale business and capital investment, it will determine the size and method of financing as appropriate, taking into account funding needs under the medium-term management plan, financing conditions including interest-rate trends and the repayment schedules of existing borrowings.」
The Company has for the first time presented as a separate topic measures to improve asset efficiency by shortening the turnover periods for trade receivables and inventories, improving fixed-asset utilization and making decisions on long-term funding.