Recognition of Real Estate Held for Sale and Increase in Long-Term Borrowings
First written in FY2023-Q1. 5 of 11 entries say "Advanced", first in FY2023-Q2. Latest entry: FY2026.
13 other companies' latest entry also says "Other".
- FY2026Reversal from the sale of property held for saleAnnual report
「As a result, revenue from the real estate business for the current consolidated fiscal year was ¥2,758 million, down 77.8% year on year, representing a substantial decline due to the reversal of the effect of the sale of income-producing property in the previous fiscal year.」
Revenue from the real estate business declined substantially due to the reversal of the effect of the sale of income-producing property in the previous fiscal year. - FY2025AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 August 2024, the company resolved to transfer trust beneficiary rights to エスティ１２合同会社 and transferred the trust beneficiary rights as described below.」
The transfer of trust beneficiary rights progressed from the contract-signing stage to the execution stage, and a transfer price of ¥9,000.327 million and carrying amount of ¥8,692.868 million were recognized as revenue and cost of sales, respectively. - FY2025-H1AdvancedAnnual report
「At a meeting of the Board of Directors held on 29 August 2024, the company resolved to transfer trust beneficiary rights to エスティ１２合同会社 and entered into a trust beneficiary rights sale and purchase agreement as described below.」
The company entered into a sale and purchase agreement for trust beneficiary rights related to property held for sale, with a carrying amount of ¥8,748.852 million and a transfer price of ¥9,000 million. The delivery date is 28 November 2024, and as of the end of the current interim period, the transaction was still at the contract-signing stage. - FY2024Progress in sales of property held for sale and repayment of borrowingsAnnual report
「This was mainly because property held for sale decreased by ¥5,841 million as a result of sales. Non-current liabilities totaled ¥24,886 million, a decrease of ¥7,885 million. This was mainly because long-term borrowings decreased by ¥7,233 million as a result of sales of property held for sale and scheduled repayments based on the repayment plan.」
The balance of property held for sale decreased by ¥5,841 million due to sales, while long-term borrowings also decreased by ¥7,233 million due to scheduled repayments and other factors. - FY2024-Q3Decrease in property held for sale and long-term borrowingsAnnual report
「Although property, plant and equipment increased by ¥1,301 million, cash and deposits decreased by ¥1,586 million and property held for sale by ¥513 million. Total liabilities decreased by ¥2,791 million from the end of the previous consolidated fiscal year to ¥38,822 million. The main factor was a decrease of ¥2,506 million in long-term borrowings, including current maturities.」
Property held for sale and long-term borrowings, which had increased through the previous fiscal year, decreased by ¥513 million and ¥2,506 million, respectively, in the third quarter. - FY2024-Q2Decrease in property held for sale and long-term borrowingsAnnual report
「Although property, plant and equipment increased by ¥1,359 million, cash and deposits decreased by ¥1,233 million, property held for sale by ¥350 million, and other current assets by ¥288 million. Total liabilities decreased by ¥1,642 million from the end of the previous consolidated fiscal year to ¥39,970 million. The main factors were decreases of ¥1,468 million in long-term borrowings, including current maturities, and ¥282 million in income taxes payable.」
Property held for sale and long-term borrowings, which had increased through the previous fiscal year, decreased by ¥350 million and ¥1,468 million, respectively, in the second quarter. - FY2024-Q1Decrease in property held for sale and long-term borrowingsAnnual report
「Although property, plant and equipment increased by ¥295 million due to increases in land acquisitions and construction in progress, cash and deposits decreased by ¥842 million and property held for sale decreased by ¥175 million due to depreciation expense recognized. Total liabilities decreased by ¥1,610 million from the end of the previous consolidated fiscal year to ¥40,003 million. The main factors were decreases of ¥697 million in income taxes payable and ¥698 million in long-term borrowings, including current maturities.」
Property held for sale and long-term borrowings, which had increased through the previous fiscal year, decreased by ¥175 million and ¥698 million, respectively, in the first quarter. Meanwhile, land acquisitions and construction in progress increased. - FY2023AdvancedAnnual report
「Property held for sale increased by ¥14,768 million, while cash and deposits decreased by ¥9,892 million. Non-current liabilities totaled ¥32,772 million, an increase of ¥6,054 million. This was mainly because long-term borrowings increased by ¥5,744 million in connection with the acquisition of property held for sale.」
The acquisition of property held for sale expanded to ¥14,768 million, and long-term borrowings increased by ¥5,744 million in connection with the financing of these acquisitions. - FY2023-Q3AdvancedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥937 million from the end of the previous consolidated fiscal year to ¥78,917 million. The main factor was an increase of ¥9,510 million in property held for sale, despite a ¥7,990 million decrease in cash and deposits. Total liabilities decreased by ¥200 million from the end of the previous consolidated fiscal year to ¥37,576 million. The main factor was an increase of ¥2,442 million in long-term borrowings, including current maturities, despite decreases of ¥1,491 million in income taxes payable and ¥1,034 million in other current liabilities.」
Property held for sale increased by ¥9,510 million, and long-term borrowings also increased by ¥2,442 million. The scale of financing associated with the acquisition of property held for sale has been updated. - FY2023-Q2AdvancedAnnual report
「The main factor was an increase of ¥9,626 million in property held for sale, despite a ¥7,684 million decrease in cash and deposits. Total liabilities increased by ¥808 million from the end of the previous consolidated fiscal year to ¥38,586 million. The main factors were increases of ¥3,741 million in long-term borrowings, including current maturities, despite decreases of ¥1,678 million in income taxes payable and ¥1,194 million in other current liabilities.」
Property held for sale increased by ¥9,626 million, and long-term borrowings increased by ¥3,741 million. The scale of financing associated with the acquisition of property held for sale has been updated. - FY2023-Q1First statedAnnual report
「The main factor was an increase of ¥9,763 million in property held for sale, despite a ¥7,579 million decrease in cash and deposits. Total liabilities increased by ¥2,045 million from the end of the previous consolidated fiscal year to ¥39,822 million. The main factors were increases of ¥5,135 million in long-term borrowings, including current maturities, despite decreases of ¥2,007 million in income taxes payable and ¥1,300 million in other current liabilities.」
At the end of the first quarter, property held for sale increased by ¥9,763 million, while cash and deposits decreased by ¥7,579 million. Long-term borrowings increased by ¥5,135 million, and total liabilities increased by ¥2,045 million.