Sanshin Electronics (8150) · InitiativeAchieved
Transfer of the Logistics Center to a Third Party and Sale of Assets at the Atsugi Facility
First written in FY2019-Q2. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
2entries
2years
0from disclosures
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Same theme, other companies
Investment Recovery and Financial Improvement through the Securitization and Sale of Logistics FacilitiesA theme 14 companies write about · 0 as a headwind · 14 as a tailwind
6 other companies' latest entry also says "Achieved".
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- FY2019AchievedAnnual report
「In connection with relocating the company's logistics center from its Atsugi facility to the premises of an external logistics operator, the company sold the land and buildings at the facility, which were shared assets, and recognized a gain on the sale of property, plant and equipment of ¥588 million.」
The logistics center was relocated externally and the land and buildings at the Atsugi facility were sold, resulting in a gain on the sale of property, plant and equipment of ¥588 million. - FY2019-Q2First statedAnnual report
「At a Board of Directors meeting held on 19 September 2018, the company resolved to sell the land and buildings at its Atsugi facility, where its logistics center is located.」
The company first disclosed a plan to relocate the logistics center from the Atsugi facility to the premises of an external logistics operator and sell the land and buildings that would become idle assets. The land area was 6,019.98 m² and the building area was 6,563.30 m². The gain on the transfer was expected to be approximately ¥588 million, and delivery of the property was scheduled for February 2019.