Improving and Strengthening the Financial Condition Through Asset Sales
First written in FY2016. 5 of 11 entries say "Achieved", first in FY2018. Latest entry: FY2022-Q2.
The whole theme swung hardest in 2026: 4 of 43 companies on the "Worse" side.
64 other companies' latest entry also says "Achieved".
- FY2022-Q2AchievedAnnual report
「During the six-month period ended 30 September 2021, the Company recognized ¥851 million in employment adjustment subsidies as non-operating income. In September 2021, it also recognized a ¥3,014 million gain on the sale of fixed assets, including the sale of land in Showajima, Ota-ku, Tokyo, as extraordinary income.」
Regarding the sale of land and other assets in Showajima, Ota-ku, Tokyo, for which the agreement and delivery had been scheduled at the end of the previous consolidated fiscal year, the Company disclosed recognition of a ¥3,014 million gain on sale in September 2021, indicating that the transaction had reached completion. - FY2022-Q1RestatedAnnual report
「At a meeting of the Company's Board of Directors held on 26 February 2021, the Company resolved to transfer the fixed assets it held as described below for the purpose of effectively utilizing management resources and improving and strengthening its financial position, and entered into a real estate sale and purchase agreement on 26 February 2021.」
The Company continued to report, as it had at the end of the previous consolidated fiscal year, the transfer agreement for the land and buildings used as a taxi business office in Showajima, Ota-ku, Tokyo, delivery scheduled for 30 September 2021, and an expected gain on sale of approximately ¥2,987 million. - FY2021AdvancedAnnual report
「At a meeting of the Company's Board of Directors held on 26 February 2021, the Company resolved to transfer the fixed assets it held as described below for the purpose of effectively utilizing management resources and improving and strengthening its financial position, and entered into a real estate sale and purchase agreement on 26 February 2021.」
For the land and buildings used as a taxi business office in Showajima, Ota-ku, Tokyo, the Company entered into a sale and purchase agreement in February 2021 and scheduled delivery for 30 September 2021. The Company expected to recognize an approximately ¥2,987 million gain on the sale of fixed assets in the fiscal year ending March 2022. - FY2020AchievedAnnual report
「At a meeting of the Company's Board of Directors held on 11 March 2020, the Company resolved to sell the relevant assets it held for the purpose of effectively utilizing management resources and improving and strengthening its financial position, and entered into a real estate sale and purchase agreement on 13 March 2020. The property was delivered on 13 April 2020.」
The Company entered into a sale and purchase agreement for a leased building in Ginza, Chuo-ku, Tokyo, and completed delivery on 13 April 2020. A ¥517 million gain on the sale of fixed assets was scheduled to be recognized in the fiscal year ending March 2021. - FY2020-Q1AchievedAnnual report
「Profit attributable to owners of the parent increased 834.0% year on year to ¥774 million, as the consolidated subsidiary 大和物産株式会社 completed the scheduled delivery of its LP gas station in April 2019 and recognized a ¥1,162 million gain on the sale of fixed assets as extraordinary income.」
The Company disclosed the completion of delivery of the LP gas station owned by 大和物産株式会社 and recognition of a ¥1,162 million gain on the sale of fixed assets. - FY2019AchievedAnnual report
「At a meeting of the Company's Board of Directors held on 16 January 2019, the Company resolved to transfer fixed assets owned by its consolidated subsidiary 大和物産株式会社, entered into an agreement on 29 January 2019, and delivered the property on 25 April 2019.」
Regarding the transfer of the land and buildings of the LP gas station owned by 大和物産株式会社 to improve and strengthen the financial position, delivery was completed on 25 April 2019 after execution of the agreement. - FY2019-Q3AdvancedAnnual report
「As a result of the transfer of the fixed assets, a gain on the sale of fixed assets of ¥1,155 million is scheduled to be recognized as extraordinary income in the first quarter of the fiscal year ending March 2020.」
Separate from asset sales completed in the past, the Company disclosed the scheduled transfer on 25 April 2019 of the land and buildings of an LP gas station owned by a subsidiary, along with the scheduled recognition of a ¥1,155 million gain on the sale of fixed assets. - FY2018AchievedAnnual report
「In March 2018, as scheduled, delivery was completed, and a gain on the sale of fixed assets of ¥387 million from the sale of the Iidabashi Delta Building and other properties was recognized as extraordinary income.」
Regarding the sale of the Iidabashi Delta Building and other fixed assets, delivery was completed as scheduled in March 2018, and a gain on sale of ¥387 million was recognized. - FY2018-Q3RestatedAnnual report
「At a meeting of the Company's Board of Directors held on 29 September 2017, the Company resolved to transfer assets it held for the purpose of improving and strengthening its financial position, and entered into a real estate sale and purchase agreement on 29 September 2017. The property was scheduled to be delivered on 30 March 2018.」
The asset transfer remained in progress after execution of the agreement, with delivery scheduled for 30 March 2018, and had not been completed during the quarter concerned. - FY2018-Q2AdvancedAnnual report
「At a meeting of the Company's Board of Directors held on 29 September 2017, the Company resolved to transfer assets it held for the purpose of improving and strengthening its financial position, and entered into a real estate sale and purchase agreement on 29 September 2017. The property was scheduled to be delivered on 30 March 2018.」
Regarding the sale of real estate to improve and strengthen the financial position, the Company disclosed that it had proceeded through the Board resolution and execution of the sale and purchase agreement, with delivery scheduled for 30 March 2018 and a gain on the sale of fixed assets of ¥369 million scheduled to be recognized. - FY2016First statedAnnual report
「During the consolidated fiscal year, the company sold the following properties it owned to improve and strengthen its financial position.」
The company sold properties it owned to improve and strengthen its financial position.