Effective Use of Management Resources and Improved Asset Efficiency Through the Sale of Idle Assets
First written in FY2018-Q2. 7 of 12 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
11 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Funds generated by investing activities amounted to ¥2.443 billion, compared with ¥1.351 billion used in the previous fiscal year. This was mainly attributable to ¥2.423 billion in proceeds from the sale of property, plant and equipment and ¥902 million in payments for the acquisition of property, plant and equipment.」
The company recognized ¥2.423 billion in proceeds from the sale of fixed assets and advanced asset efficiency through the sale of idle and former assets. Gains on the sale of fixed assets also amounted to ¥3.673 billion. - FY2026-H1AdvancedAnnual report
「Gain on sale of fixed assets 58 556」
Regarding gains on the sale of fixed assets related to improving the efficiency of idle and former assets, the company recognized ¥556 million during the interim consolidated accounting period. - FY2025AdvancedAnnual report
「Under the agreement, the property was handed over on 3 May 2025.」
The company consolidated two plants operated by its U.S. subsidiary into one and sold the Huntsville Plant No. 1, which was no longer scheduled for use. It plans to recognize approximately ¥490 million in gains on the sale of fixed assets in the fiscal year ending March 2026. - FY2025-H1AchievedAnnual report
「Under the agreement, the properties were handed over and the transfer procedures completed on 18 October 2024. Under the agreement, the properties were handed over and the transfer procedures completed on 1 October 2024.」
Regarding the transfer of real estate following the dissolution of a Philippine subsidiary and a domestic manufacturing subsidiary, the handovers and transfer procedures were completed on 1 October 2024 and 18 October 2024, after the reporting period. - FY2024-Q3AdvancedAnnual report
「The company also plans to transfer the former Akashi Seiki Plant to improve asset efficiency through the effective use of management resources.」
Regarding asset efficiency for idle and former plants, the company specified plans to transfer the Akashi Seiki Plant to make effective use of management resources after deciding to close it. - FY2022AdvancedAnnual report
「Gain on sale of fixed assets 565」
Regarding efforts to make effective use of idle assets and improve asset efficiency, the company recognized a ¥565 million gain on the sale of fixed assets during the fiscal year. - FY2022-Q2AdvancedAnnual report
「On 11 October 2021, the company resolved to transfer fixed assets as described below, signed the transfer agreement on 20 October 2021, and handed over the properties. The transfer involved the sale of real estate held by the company to improve asset efficiency through the effective use of management resources. In connection with the transfer of these fixed assets, the company expected to recognize ¥241 million as a gain on the sale of fixed assets under extraordinary income in the consolidated financial results for the third quarter of the fiscal year ending March 2022.」
Following the transfer of the Matsudo Seiki Plant, the company transferred its former Nagoya sales office. It expected to recognize a ¥241 million gain on the sale of fixed assets in the third quarter of the fiscal year ending March 2022. - FY2018-Q3AchievedAnnual report
「Profit attributable to owners of the parent for the quarter was ¥2.147 billion, mainly due to the recognition of a gain on the sale of fixed assets, compared with a quarterly net loss attributable to owners of the parent of ¥592 million in the same period of the previous year.」
The company recognized a ¥2,087 million gain on the sale of fixed assets, realizing the accounting outcome of the fixed-asset transfer described in the previous filing. - FY2018-Q2First statedAnnual report
「We completed the transfer procedures for the Matsudo Seiki Plant in Matsudo, Chiba, on 25 October 2017. The transfer involved the sale of real estate held by the company to improve asset efficiency through the effective use of management resources. In connection with the transfer of these fixed assets, we expect to recognize approximately ¥1.47 billion as a gain on the sale of fixed assets under extraordinary income in the consolidated financial results for the third quarter of the fiscal year ending March 2018.」
The company first described the transfer of the idle Matsudo Seiki Plant as a measure to make effective use of management resources and improve asset efficiency.