Improving Asset Efficiency and Financial Condition Through the Sale of Fixed Assets at the Tokyo Plant
First written in FY2025. 1 of 3 entries say "Achieved", first in FY2026-H1. Latest entry: FY2026.
The whole theme swung hardest in 2026: 6 of 59 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In addition, to make effective use of limited management resources and strengthen our financial position, we transferred the company housing, including land and buildings, at the Tokyo Plant, as well as the former factory site, including land and factory buildings, of consolidated subsidiary KITAGAWA (THAILAND) CO.,LTD. We recognized total gains on the transfers of ¥2,369 million.」
The transfers of the company housing at the Tokyo Plant and the former Thai factory site were completed, and a gain on the sale of fixed assets of ¥2,369 million was recognized. - FY2026-H1AchievedAnnual report
「In addition, as the sale of tangible fixed assets by the Company and its Thai subsidiary was completed, interim net income attributable to owners of the parent increased substantially year on year.」
The company disclosed that the sale of fixed assets to improve asset efficiency and strengthen its financial position had been completed by both the company and its Thai subsidiary. - FY2025First statedAnnual report
「To make effective use of limited management resources and strengthen our financial position, we decided to transfer the following fixed assets.」
The company disclosed a measure to improve asset efficiency and strengthen its financial position by transferring the land and buildings of the Tokyo Plant in May 2025, with an expected gain on the transfer of approximately ¥741 million.