Reclassification of Real Estate as Property Held for Sale
First written in FY2024-Q3. 3 of 5 entries say "Advanced", first in FY2024. Latest entry: FY2026.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The main increase during the fiscal year was ¥364.697 million from the acquisition of rental properties. The main decreases were ¥247.317 million from the transfer of rental apartments and other properties to property held for sale, and ¥207.338 million in depreciation and amortisation.」
We continued to transfer some rental real estate to property held for sale, transferring ¥247 million during the fiscal year. We also acquired ¥365 million of rental properties. - 2026-04-22WorsenedRevision of earnings forecasts
「The sale of the relevant property had been scheduled for May 2026, but the transaction was subsequently cancelled due to circumstances affecting the prospective buyer. The company will continue working toward selling the property during the fiscal year ending March 2027.」
The planned sale following the transfer of the property to real estate held for sale was cancelled after the timing had already slipped into a later period. The company continues to work toward selling it during the fiscal year ending March 2027, so there is no indication that the underlying strategy has been abandoned. - FY2025AdvancedAnnual report
「Of the changes during the period, the main increase during the fiscal year was ¥1,691.288 million from business combinations. The main decreases were ¥1,054.012 million from the transfer of rental apartments and other properties to property held for sale, and ¥201.124 million in depreciation and amortisation.」
During the fiscal year, ¥1,054 million of rental real estate was transferred for sale, advancing the conversion of properties to property held for sale. - FY2024AdvancedAnnual report
「Of the changes during the period, the main increase during the fiscal year was ¥519.374 million from business combinations. The main decreases were ¥202.400 million from the transfer of rental apartments and other properties to property held for sale, and ¥210.605 million in depreciation and amortisation.」
Transfers to property held for sale due to changes in the purpose for holding real estate totalled ¥202.400 million during the fiscal year. - FY2024-Q3First statedAnnual report
「During the fiscal year, property, plant and equipment of ¥134.650 million recorded as buildings, ¥837 thousand recorded as machinery and equipment, and ¥67.749 million recorded as land were transferred to property held for sale due to a change in the purpose for which they were held.」
In the real estate business, a total of ¥203.237 million in buildings, machinery and equipment, and land was transferred to property held for sale due to a change in the purpose for which the assets were held.