Review and Sale of Held Assets to Strengthen the Financial Position
First written in FY2017-Q1. 3 of 8 entries say "Advanced", first in FY2017-Q3. Latest entry: FY2021.
The whole theme swung hardest in 2026: 4 of 43 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「With regard to capital expenditures for the fiscal year, in light of the challenging business environment expected ahead, we made every effort to restrain new investment as much as possible and effectively utilize existing management resources.」
Rather than reporting new progress in the large-scale review and sale of owned assets, the company reconfirms restraining capital expenditures and utilizing existing resources as its annual policy. - FY2020AdvancedAnnual report
「Buildings: decrease associated with the sale of company housing, ¥31 million; decrease associated with disposals, ¥19 million Vehicles and transportation equipment: decrease associated with sales Furniture and fixtures: decrease associated with the sale of company housing, ¥0 million; decrease associated with disposals, ¥18 million Land: decrease associated with the sale of company housing」
Regarding the review and sale of owned assets, the company specifically disclosed as an annual result decreases in buildings of ¥31 million and in land and other assets associated with the sale of company housing. - FY2019Confirmed an annual decrease in property, plant and equipmentAnnual report
「Fixed assets amounted to ¥1.3341 billion, an increase of ¥13 million from the end of the previous fiscal year. This was mainly because investment securities increased by ¥406.3 million, while property, plant and equipment decreased by ¥360.8 million.」
Regarding the composition of fixed assets, the company disclosed as an annual result that property, plant and equipment decreased by ¥360.8 million and investment securities increased by ¥406.3 million. - FY2019-Q3Confirmed decrease in property, plant and equipmentAnnual report
「Fixed assets amounted to ¥1.172 billion, a decrease of ¥149 million from the end of the previous consolidated fiscal year. This was mainly because investment securities increased by ¥238.7 million, while property, plant and equipment decreased by ¥360 million.」
The company disclosed a ¥360 million decrease in property, plant and equipment. However, this section does not explicitly state that the decrease was attributable to sales. - FY2017AdvancedAnnual report
「Cash flow from investing activities was ¥17.266 billion, compared with ¥9.507 billion in the same period of the previous year. This was mainly attributable to the sale of fixed assets by a consolidated subsidiary.」
The sale of fixed assets by a consolidated subsidiary was the main factor behind annual cash flow from investing activities of ¥17.266 billion. Proceeds from the sale of fixed assets were ¥16.543 billion, confirming progress in the review and sale of owned assets as an annual result. - FY2017-Q3AdvancedAnnual report
「Total assets at the end of the third quarter of the consolidated fiscal year were ¥73.08 billion, compared with ¥83.011 billion at the end of the previous consolidated fiscal year, a decrease of ¥10.02 billion. This was mainly due to a ¥13.809 billion decrease in property, plant and equipment associated with the sale of fixed assets by a consolidated subsidiary, from ¥19.447 billion to ¥5.637 billion.」
The company quantitatively disclosed that property, plant and equipment decreased by ¥13.809 billion as the consolidated subsidiary proceeded with the sale of fixed assets. More specific effects of the review and sale of owned assets were shown than in the previous quarter. - FY2017-Q2RestatedAnnual report
「Cash flow from investing activities increased by ¥14.336 billion, compared with an increase of ¥8.829 billion in the same period of the previous year. This was mainly attributable to the sale of fixed assets by a consolidated subsidiary.」
The company disclosed that the sale of fixed assets by a consolidated subsidiary was the main factor behind the ¥14.336 billion cash flow from investing activities. It reconfirms, together with the effect of the sale, the progress of asset sales aimed at strengthening the financial position, as indicated in the previous quarter. - FY2017-Q1First statedAnnual report
「FEインベスト, a consolidated subsidiary of the company, reviewed its owned assets to strengthen its financial position and sold land held as rental property and other real estate in July 2016.」
The company states that its consolidated subsidiary reviewed its owned assets to strengthen the financial position and sold land held as rental property and other real estate.