Mitsubishi Logistics (9301) · InitiativeAchieved
Transfer of Land at Nagoya Station in Connection with the Linear Chuo Shinkansen Project
First written in FY2021-Q1. 1 of 2 entries say "Achieved", first in FY2021-Q2. Latest entry: FY2021-Q2.
2entries
1years
0from disclosures
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Compensation for the removal of land and buildings in connection with the Linear Chuo Shinkansen projectA theme 2 companies write about · 0 as a headwind · 2 as a tailwind
1 other company's latest entry also says "Achieved".
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- FY2021-Q2AchievedAnnual report
「Net income attributable to owners of the parent increased substantially by ¥23,470 million, or 337.9%, year on year to ¥30,416 million, due mainly to the recognition of gains on disposal of fixed assets and compensation received, totaling approximately ¥36.6 billion, as extraordinary income from the partial transfer of land used for the Company’s real estate business near Nagoya Station and other transactions.」
The partial transfer of land used for the real estate business near Nagoya Station and other assets in connection with cooperation with the Linear Chuo Shinkansen project was completed, and a total of approximately ¥36.6 billion was recognized as gains on disposal of fixed assets and compensation received. - FY2021-Q1First statedAnnual report
「In order to cooperate with Central Japan Railway Company’s Linear Chuo Shinkansen project, the Company decided to transfer the following assets that it owns.」
The Company decided to transfer 2,260.57 m² of land in 3-chome, Meieki, Nakamura-ku, Nagoya, and expects to recognize approximately ¥36.6 billion in extraordinary income in the second quarter of the fiscal year ending March 2021. The contract was signed on 12 August 2020, and delivery was scheduled for 31 August of the same year.