Restructuring of the real estate-related business and disposition of assets from exited businesses
First written in FY2016. 11 of 13 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2023.
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- FY2023AchievedAnnual report
「As of the end of the current consolidated fiscal year, the Company sold on 17 April 2023 its interest in a silent partnership recognized under “assets held for sale” on the consolidated statement of financial position. The Company expects to recognize a gain on sale of ¥3,920 million as other income in the consolidated income statement for the fiscal year ending March 2024.」
The sale of the silent partnership interest subject to disposition as part of the real estate-related business was completed on 17 April 2023. - FY2021-Q3AdvancedAnnual report
「Following a resolution to sell investment property held in the real estate-related business segment, the property was reclassified as “assets held for sale.” As the fair value less costs to sell, or the expected sale price, exceeds the carrying amount, the assets are measured at their carrying amount.」
As part of the disposition of the real estate-related business, a resolution was passed to sell investment property held, and the property was reclassified as assets held for sale. - FY2019-Q3AdvancedAnnual report
「The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2018), total ¥32,108 million; third quarter of the current consolidated fiscal year (31 December 2018), total ¥32,025 million.」
Assets related to businesses being wound down declined from ¥3.211 billion at the end of the previous fiscal year to ¥3.203 billion, and the disposition of assets from exited businesses continued. - FY2019-Q2AdvancedAnnual report
「The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2018), total ¥32,108 million; second quarter of the current consolidated fiscal year (30 September 2018), total ¥30,928 million.」
Assets related to exited businesses declined from ¥3.211 billion to ¥3.093 billion, indicating progress in disposing of assets from exited businesses. - FY2019-Q1AdvancedAnnual report
「As part of the restructuring of the real estate-related business, assets related to exited businesses were classified separately from continuing businesses and recognized under investments and other assets as “assets related to businesses being wound down.” The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2018), total ¥32,108 million; first quarter of the current consolidated fiscal year (30 June 2018), total ¥31,787 million.」
Assets related to businesses being wound down declined from ¥3.211 billion at the end of the previous fiscal year to ¥3.179 billion, and the disposition of assets from exited businesses continued. - FY2018AdvancedAnnual report
「The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2017), total ¥32,456 million; current consolidated fiscal year (31 March 2018), total ¥32,108 million.」
Assets related to businesses being wound down declined from ¥3.246 billion to ¥3.211 billion, and the disposition of assets from exited businesses continued. - FY2018-Q3AdvancedAnnual report
「The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2017), total ¥32,456 million; third quarter of the current consolidated fiscal year (31 December 2017), total ¥32,358 million.」
Assets related to businesses being wound down associated with exited businesses declined from ¥3.246 billion at the end of the previous fiscal year to ¥3.236 billion, and the disposition process continued. - FY2018-Q2AdvancedAnnual report
「As part of the restructuring of the real estate-related business, assets related to exited businesses were classified separately from continuing businesses and recognized under investments and other assets as “assets related to businesses being wound down.” The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2017), total ¥32,456 million; second quarter of the current consolidated fiscal year (30 September 2017), total ¥32,004 million.」
Assets related to businesses being wound down declined from ¥3.246 billion at the end of the previous fiscal year to ¥3.200 billion. - FY2018-Q1AdvancedAnnual report
「As part of the restructuring of the real estate-related business, assets related to exited businesses were classified separately from continuing businesses and recognized under investments and other assets as “assets related to businesses being wound down.” The breakdown of “assets related to businesses being wound down” is as follows: previous consolidated fiscal year (31 March 2017), total ¥32,456 million; first quarter of the current consolidated fiscal year (30 June 2017), total ¥31,895 million.」
Assets related to businesses being wound down declined from ¥3.246 billion at the end of the previous fiscal year to ¥3.190 billion, indicating progress in disposing of assets from exited businesses. - FY2017-Q3AdvancedAnnual report
「Total assets as of the end of the third quarter of the current fiscal year increased by ¥22.915 billion from the end of the previous consolidated fiscal year to ¥278.014 billion. This was mainly due to a ¥22.029 billion increase in installment accounts receivable and a ¥1.936 billion increase in software under construction resulting from investment related to the joint core system and other factors, partly offset by a ¥1.871 billion decline in assets related to businesses being wound down.」
Assets related to businesses being wound down declined from ¥5.310 billion at the end of the previous fiscal year to ¥3.439 billion, indicating further progress in disposing of assets from exited businesses. - FY2017-Q2AdvancedAnnual report
「Total assets as of the end of the second quarter of the current fiscal year increased by ¥5.754 billion from the end of the previous consolidated fiscal year to ¥260.853 billion. This was mainly due to a ¥6.261 billion increase in installment accounts receivable and a ¥1.336 billion increase in software under construction resulting from investment related to the joint core system and other factors, partly offset by an ¥1.812 billion decline in assets related to businesses being wound down.」
Assets related to businesses being wound down declined from ¥5.310 billion at the end of March 2016 to ¥3.498 billion at the end of September 2016, indicating further progress in disposing of assets from exited businesses. - FY2017-Q1AdvancedAnnual report
「As part of the restructuring of the real estate-related business, assets related to exited businesses were classified separately from continuing businesses and recognized under investments and other assets as “assets related to businesses being wound down.”」
Assets related to businesses being wound down declined from ¥5.310 billion at the end of March 2016 to ¥3.601 billion at the end of June 2016, indicating further progress in disposing of assets from exited businesses. - FY2016First statedAnnual report
「As part of the restructuring of the real estate-related business, assets related to exited businesses were classified separately from continuing businesses and recognized under investments and other assets as “assets related to businesses being wound down.”」
Assets of the exited businesses were separated for sale and disposition, and the liquidation of Atrium Realty Co., Ltd. was completed in March 2016.