Effective Use of Corporate Resources Through the Disposal of Land and Other Fixed Assets
First written in FY2017-Q1. 1 of 2 entries say "Achieved", first in FY2017-Q2. Latest entry: FY2017-Q2.
The whole theme swung hardest in 2026: 4 of 43 companies on the "Worse" side.
64 other companies' latest entry also says "Achieved".
- FY2017-Q2AchievedAnnual report
「Cash provided by investing activities was ¥549 million, compared with ¥681 million used in the same period of the previous year. This was mainly due to proceeds of ¥878 million from the sale of property, plant and equipment, specifically land, despite ¥336 million in expenditure for the acquisition of property, plant and equipment.」
The land transfer disclosed as a plan in the previous quarter was completed, resulting in ¥878 million of proceeds from the sale of land and a ¥538 million gain on the sale of land. - FY2017-Q1First statedAnnual report
「To make effective use of management resources, the company decided to transfer fixed assets (land) as described below. The transfer price is ¥900 million, the book value is ¥339 million, and the transfer schedule is as follows: agreement date, 15 July 2016; property handover date, 30 September 2016. As a result of this transfer, the company expects to recognize an extraordinary gain of ¥535 million on the sale of fixed assets in the consolidated fiscal year.」
The planned transfer of land held for rental purposes was disclosed as a significant subsequent event aimed at making effective use of management resources, together with the sale price, handover deadline and expected gain on sale.