Strengthening the Financial Position Through the Sale of Logistics Centers
First written in FY2019. 1 of 2 entries say "Achieved", first in FY2020-Q2. Latest entry: FY2020-Q2.
7 other companies' latest entry also says "Achieved".
- FY2020-Q2AchievedAnnual report
「Although the company recognized ¥74 million in inventory disposal losses related to a review of products handled by a North American subsidiary and ¥71 million in business-location closure losses related to the closure of the Fujisawa distribution center, among other non-operating expenses, ordinary profit was ¥428 million, up 186.6% year on year, mainly due to higher operating profit. Net income attributable to owners of the parent was ¥1,238 million, compared with a net loss attributable to owners of the parent of ¥149 million in the same period of the previous year, due in part to the recognition of a ¥1,525 million gain on the sale of fixed assets related to the closure of the Fujisawa distribution center.」
Regarding the sale of the distribution center planned in the previous fiscal year, the company recognized a ¥1,525 million gain on the sale of fixed assets related to the closure of the Fujisawa distribution center, and the sale has now been reflected in actual results. - FY2019First statedAnnual report
「To make effective use of management resources and strengthen its financial position, the company decided to transfer fixed assets. The gain on the transfer is expected to be approximately ¥1.5 billion, and the scheduled transfer and handover date is 27 September 2019.」
The company first described a plan to transfer the distribution center in Ayase, Kanagawa Prefecture, to make effective use of management resources and strengthen its financial position.