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Asti (6899) · FactGain on Sale of Fixed Assets Following Withdrawal from China

Recognition of Gain on Sale of Property, Plant and Equipment

First written in FY2024-Q2. . Latest entry: FY2026.

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ProgressHeldSoftenedWorseOtherFY2024-Q2 – FY20262023: 120232024: 320242025: 120252026: 12026
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  1. FY2026Gain on Sale of Fixed Assets Following Withdrawal from ChinaAnnual report

    「Extraordinary income for the consolidated fiscal year increased by ¥595 million from the previous consolidated fiscal year, to ¥606 million, up 5,646.5% year on year, due to the recording of a ¥605 million gain on sale of fixed assets from the sale of certain buildings, leasehold rights and other assets that became unnecessary following the withdrawal from the wire harness business in China.」

    A gain on sale of fixed assets of ¥605 million was recorded from the sale of unneeded assets following the withdrawal from the wire harness business in China.
  2. FY2026-H1Significant increase in gains on sales of property, plant and equipmentAnnual report

    「Primarily in connection with the discontinuation of the wire harness business at the Chinese subsidiary Zhejiang Yashidi Electronics Co., Ltd., unneeded fixed assets were sold and a gain on sale of fixed assets of ¥523.939 million was recorded as extraordinary income.」

    A gain on sale of fixed assets of ¥523.939 million was recorded from the sale of unneeded assets following the discontinuation of the wire harness business at the Chinese subsidiary. This was a significant increase from ¥238 thousand in the same period of the previous year.
  3. FY2025-H1Decrease in gains on sales of fixed assetsAnnual report

    「Gain on sale of fixed assets ¥6.343 million ¥238 thousand」

    Gain on sale of fixed assets decreased from ¥6.343 million in the same period of the previous year to ¥238 thousand in the six-month consolidated accounting period.
  4. FY2024Higher gain on sales of fixed assetsAnnual report

    「Extraordinary income increased by ¥305 million from the previous consolidated fiscal year, to ¥309 million, up 8,569.1% year on year, due to ¥278 million in subsidy income for the Hamamatsu Plant.」

    Gain on sale of fixed assets increased from ¥2.603 million in the previous fiscal year to ¥31.088 million in the current fiscal year. In addition, ¥278 million in subsidies for the Hamamatsu Plant was recorded as extraordinary income.
  5. FY2024-Q3Higher gain on sales of fixed assetsAnnual report

    「Gain on sale of fixed assets ¥1.284 million ¥11.809 million」

    Gain on sale of fixed assets increased from ¥1.284 million in the same period of the previous year to ¥11.809 million in the nine-month period ended [the third quarter].
  6. FY2024-Q2First statedAnnual report

    「Gain on sale of fixed assets 19 ¥6.343 million」

    Gain on sale of fixed assets of ¥6.343 million was recorded as extraordinary income for the six-month period ended [the second quarter] on a consolidated basis.
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Recognition of Gain on Sale of Property, Plant and Equipment | ASTI CORPORATION (6899) | Komori