Effective Utilization of Assets Held
First written in FY2018. 4 of 10 entries say "Cited as achieved", first in FY2023-Q1. Latest entry: FY2024-Q1.
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- FY2024-Q1Cited as achievedAnnual report
「This represents rental income from real estate such as a nursery school with an adjoining dormitory for nursery teachers owned by the company in Tokyo.」
Rental income from the nursery school and other properties using owned assets was recorded as ¥10.5 million in non-operating income for the first quarter. - FY2023-Q3Cited as achievedAnnual report
「【Cumulative period through the third quarter】 Rental income from real estate - 31,500 This represents rental income from real estate such as a nursery school with an adjoining dormitory for nursery teachers owned by the company in Tokyo.」
The company states that rental income from the nursery school and other properties using owned assets was reflected in profit and loss at ¥31.5 million for the cumulative period through the third quarter. - FY2023-Q2Cited as achievedAnnual report
「This represents rental income from real estate such as a nursery school with an adjoining dormitory for nursery teachers owned by the company in Tokyo.」
Rental income from the nursery school and other properties using owned assets was recorded as non-operating income for the cumulative period through the second quarter, reflecting the completed use of the assets as a source of revenue. - FY2023-Q1Cited as achievedAnnual report
「This represents rental income from real estate such as a nursery school with an adjoining dormitory for nursery teachers owned by the company in Tokyo.」
The company states that leasing of the nursery school and other properties using owned assets has commenced and is reflected in quarterly profit and loss as rental income from real estate. - FY2022AchievedAnnual report
「In January 2022, for the purpose of making effective use of our owned real estate, we constructed a nursery school with an adjoining dormitory for nursery teachers on the surface parking lot at the Second Building (Annex) (address: 3-3-10 Toyotamakita, Nerima-ku, Tokyo), and began leasing it to the nursery school operator in February of the same year.」
The plan to use the surface parking lot at the Second Building Annex as a nursery school and dormitory for nursery teachers reached completion of construction in January 2022 and commencement of the lease in February of the same year. - FY2021AdvancedAnnual report
「In order to achieve stable corporate growth and strengthen our earnings base, we have been examining the effective use of the surface parking lot at the Second Building (Annex) (address: 3-3-10 Toyotamakita, Nerima-ku, Tokyo). We will now construct a new nursery school with an adjoining dormitory for nursery teachers on the surface parking lot as an acquisition of fixed assets, enter into a lease agreement with the nursery school operator in April 2021, and plan to commence the lease in February 2022. This will strengthen our earnings base.」
The effective use of owned assets progressed to the implementation stage, involving construction of a nursery school and dormitory for nursery teachers on the parking lot and execution of a lease agreement with the operator. - FY2021-Q3AdvancedAnnual report
「In order to achieve stable corporate growth and strengthen our earnings base, we have been examining the effective use of the surface parking lot at the Second Building (Annex) (address: 3-3-10 Toyotamakita, Nerima-ku, Tokyo). We will now construct a new nursery school with an adjoining dormitory for nursery teachers on the surface parking lot as an acquisition of fixed assets, enter into a lease agreement with the nursery school operator in April 2021, and plan to commence the lease in February 2022. This will strengthen our earnings base.」
The effective use of owned assets progressed to a concrete plan to construct a nursery school and dormitory for nursery teachers on the surface parking lot at the Second Building Annex and lease them to the operator. - FY2019-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 19 July 2018, the company decided to transfer the fixed assets described below, entered into a real estate sale and purchase agreement on 20 July 2018, and completed the transfer on 31 August 2018. 1. Reason for the transfer To make effective use of management resources and strengthen our financial position, we decided to transfer part of the land and buildings owned by the company. ④ Transfer price: ¥175 million」
The transfer of part of the owned land and buildings was completed on 31 August 2018 following the decision to transfer and execution of the agreement. The transfer price was ¥175 million, and the effective use of owned assets had reached completion. - FY2019-Q1AdvancedAnnual report
「On 19 July 2018, the company decided to transfer the fixed assets described below and entered into a real estate sale and purchase agreement on 20 July 2018. 1. Reason for the transfer To make effective use of management resources and strengthen our financial position, we decided to transfer part of the land and buildings owned by the company. ④ Transfer price: ¥175 million 4. Transfer schedule 31 August 2018: Handover of the property (scheduled)」
The transfer of part of the owned land and buildings progressed through the decision to transfer and execution of the real estate sale and purchase agreement. The transfer price was ¥175 million, with handover scheduled for 31 August 2018, indicating that the effective use of owned assets had reached the transaction stage. - FY2018First statedAnnual report
「We will promote the effective use of our assets.」
The company explicitly states, for the first time, its policy of making effective use of its assets as a measure to strengthen its corporate structure.