Improving Asset Efficiency and the Financial Foundation Through a Review of Assets Held
First written in FY2016. 13 of 16 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Through the stable operation and management of existing rental properties, we will secure stable income while carefully analyzing rental properties that may contribute to securing additional stable income and making active investments in them.」
The company has reaffirmed its policy of securing stable income through the stable operation of existing properties and investment in new rental properties based on analysis. - FY2024AdvancedAnnual report
「The main increase during the consolidated fiscal year was ¥265.608 million from transfers from use by the company to rental properties. The main decrease was ¥37.296 million in depreciation.」
Assets used by the company valued at ¥265.608 million were transferred to rental properties, indicating progress in reviewing the use of assets held and generating rental income. - FY2024-Q3AdvancedAnnual report
「During the first quarter of the consolidated fiscal year, the company resolved to change the use of business assets. For assets disposed of as a result of that decision, the carrying amounts were reduced to their recoverable amounts, and the ¥31 million decrease was recognized as an impairment loss under extraordinary losses.」
Business assets previously described as scheduled for disposal are now described as assets that have been disposed of, confirming that the change in use and disposal has moved to the implementation stage. - FY2024-Q1AdvancedAnnual report
「During the first quarter of the current consolidated fiscal year, the company resolved to change the use of business assets. For assets scheduled for disposal as a result of that decision, the carrying amounts were reduced to their recoverable amounts, and the ¥31 million decrease was recognized as an impairment loss under extraordinary losses.」
The company resolved to change the use of business assets and recognized an impairment loss of ¥31 million on assets scheduled for disposal. The review of the use and disposal of assets held has moved to the stage of a concrete decision. - FY2023-Q3AdvancedAnnual report
「The main factors were a ¥2,864 million increase in notes and accounts receivable, a ¥1,027 million increase in merchandise and finished goods, a ¥382 million increase in buildings and structures, net, and land, and a ¥1,369 million increase in investment securities due to fair value measurement and other factors.」
Buildings and structures, net, and land increased by ¥382 million, with the acquisition and increase of assets held reflected in the asset balance at the end of the cumulative third quarter. - FY2023-Q2AdvancedAnnual report
「Investing activities resulted in ¥519 million in cash outflows. This was mainly attributable to ¥433 million in expenditures for the acquisition of property, plant and equipment and ¥99 million in expenditures for the acquisition of investment securities.」
The company spent ¥433 million on the acquisition of property, plant and equipment, while buildings, structures and land also increased by ¥398 million, indicating progress in investment involving asset acquisitions. - FY2022AdvancedAnnual report
「The main increases during the consolidated fiscal year were ¥413.157 million for the acquisition of residential land and ¥493.096 million for the acquisition of residential buildings. The main decreases were ¥65.371 million from the sale of residential land, ¥105.724 million from the sale of residential buildings, and ¥26.097 million in depreciation.」
While continuing to review assets held, the company acquired residential land for ¥413 million and residential buildings for ¥493 million, and also sold part of its land and buildings. The replacement and expansion of rental assets are taking concrete shape. - FY2022-Q2AdvancedAnnual report
「Investing activities resulted in ¥244 million in cash inflows. This was mainly attributable to ¥243 million in proceeds from the sale of property, plant and equipment.」
Proceeds of ¥243 million from the sale of property, plant and equipment were recognized, indicating progress in reviewing and disposing of assets held during the cumulative second quarter of the current fiscal year. - FY2021AdvancedAnnual report
「The main increase during the consolidated fiscal year was ¥1.770 million for the installation of water-supply facilities in residential buildings. The main decreases were ¥24.434 million from transfers to use by the company and ¥26.564 million in depreciation.」
In rental properties, water-supply facilities were installed and assets equivalent to ¥24.434 million were transferred to use by the company, indicating progress in reviewing the use of assets held. - FY2020AdvancedAnnual report
「The decrease during the period in buildings and land was ¥102.483 million and ¥88.460 million, respectively, due to the transfer of fixed assets.」
A decrease in the carrying amounts of buildings and land associated with the transfer of fixed assets was confirmed, indicating that the review and disposal of assets held has moved to the implementation stage. - FY2020-Q3AdvancedAnnual report
「During the cumulative third quarter, an impairment loss of ¥88 million was recognized on corporate assets not attributable to any reportable segment. This was due to an impairment loss associated with the decision to sell shared assets.」
A decision was made to sell shared assets, and an associated impairment loss of ¥88 million was recognized, indicating that the review and disposal of assets held has moved to a new, concrete stage. - FY2019-Q2AdvancedAnnual report
「Net income attributable to owners of the parent was ¥202 million, an increase of ¥72 million (56.0%) from the cumulative second quarter of the previous fiscal year, mainly because a ¥54 million gain on the sale of fixed assets related to the transfer of fixed assets was recognized. Investing activities generated ¥22 million in cash. This was mainly attributable to ¥74 million in expenditures for the acquisition of property, plant and equipment, ¥141 million in proceeds from the sale of property, plant and equipment, and ¥44 million in expenditures for the acquisition of intangible assets.」
A ¥54 million gain on the sale of fixed assets and ¥141 million in proceeds from the sale of property, plant and equipment were recognized, indicating progress in reviewing and disposing of assets held during the cumulative period of the current quarter. - FY2019-Q1AdvancedAnnual report
「Net income attributable to owners of the parent was ¥118 million, an increase of ¥11 million, or 11.1%, from the cumulative first quarter of the previous fiscal year, due to the recording of a ¥53 million gain on the sale of fixed assets in connection with their transfer.」
A gain on the sale of fixed assets of ¥53 million was recognized, confirming additional asset disposals as part of the review of assets held. - FY2017-Q2AchievedAnnual report
「In connection with the transfer of the fixed assets, a gain on the sale of fixed assets of ¥357 million was recorded as extraordinary income in the second quarter of the fiscal year.」
The transfer of fixed assets undertaken to improve asset efficiency and strengthen the financial base was executed and completed following the property handover on 29 July 2016, and a gain on the sale of ¥357 million was recorded. - FY2017-Q1AdvancedAnnual report
「At a meeting of the Board of Directors held on 28 April 2016, the Company resolved to transfer fixed assets and entered into a real estate purchase and sale agreement dated 20 May 2016.」
The review of assets held progressed through the Board of Directors' resolution and execution of the real estate purchase and sale agreement. The property handover was scheduled for 29 July 2016, and a gain on the sale of fixed assets of ¥358 million was expected to be recorded in the second quarter of the fiscal year ending March 2017. - FY2016First statedAnnual report
「To improve asset efficiency and strengthen the financial base, we reviewed the assets held and decided to transfer the relevant assets.」
The land and buildings held for leasing were scheduled to be transferred on 29 July 2016, and a gain on the sale of fixed assets of approximately ¥364 million was expected to be recorded in the fiscal year ending March 2017.