Effective Use of Assets and Improvement of Financial Strength through Fixed-Asset Sales
First written in FY2020-Q2. 9 of 13 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.
The whole theme swung hardest in 2026: 4 of 43 companies on the "Worse" side.
35 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, revenue from the real estate business was ¥143 million, compared with ¥89 million in the prior consolidated fiscal year. Operating income was ¥64 million, compared with an operating loss of ¥49 million in the prior consolidated fiscal year.」
Following the expansion of areas leased to external parties, the real estate business improved from revenue of ¥89 million and an operating loss of ¥49 million to revenue of ¥143 million and operating income of ¥64 million. - FY2025AdvancedAnnual report
「Revenue increased as we expanded the areas of tangible fixed assets held by us that were leased to external parties, while we also recognized the costs of renovating the expanded areas. As a result, revenue from the real estate business was ¥89 million, compared with ¥78 million in the prior consolidated fiscal year. Operating loss was ¥49 million, compared with operating income of ¥31 million in the prior consolidated fiscal year.」
By expanding the areas of fixed assets held by us that were leased to external parties, rental income increased from ¥78 million to ¥89 million. However, the real estate business recorded an operating loss due to the recognition of renovation costs. - FY2025-H1AdvancedAnnual report
「During the interim consolidated accounting period under review, the other business was conducted as planned. Revenue increased as we expanded the areas of tangible fixed assets held by us that were leased to external parties. As a result, revenue from the other business was ¥41 million, compared with ¥36 million in the prior-year period.」
By expanding the areas of tangible fixed assets held by us that were leased to external parties, revenue from the other business increased from ¥36 million in the prior-year period to ¥41 million. - FY2024-Q3AchievedAnnual report
「During the period, the gain on the sale of fixed assets announced in the notice dated 20 October 2023 titled “Transfer of Fixed Assets, Recognition of Extraordinary Income and Revision of Full-Year Earnings Forecast” was recognized as extraordinary income. As a result, quarterly net income attributable to owners of the parent improved by ¥1,478 million to ¥1,351 million, compared with a quarterly net loss attributable to owners of the parent of ¥127 million in the prior-year period.」
For the fixed assets scheduled for transfer in the prior quarter, a gain on the sale of fixed assets of ¥1,566 million was recognized as extraordinary income, and the sale and recognition of the gain were completed. - FY2024-Q2AdvancedAnnual report
「To make effective use of assets and improve the financial position, we decided to transfer the land and building of the Production Headquarters. The schedule for the transfer was as follows: (1) Board of Directors resolution: 20 October 2023; (2) agreement executed: 31 October 2023; (3) delivery: 1 December 2023 (scheduled). In connection with the transfer, a gain on the sale of fixed assets of ¥1,562 million was scheduled to be recognized as extraordinary income in the third quarter of the consolidated fiscal year.」
To make effective use of assets and improve the financial position, the transfer of the land and building of the Production Headquarters was decided, with delivery scheduled for 1 December 2023 and recognition of a ¥1,562 million gain on the sale of fixed assets planned. - FY2023-Q3AdvancedAnnual report
「Cash provided by investing activities was ¥284 million, an increase of ¥727 million from the ¥443 million used in the prior-year period. This was mainly due to a ¥410 million increase in proceeds from the sale of property, plant and equipment and a ¥295 million decrease in expenditure for the acquisition of investment securities.」
Regarding the effective use of fixed assets and improvement of the financial position, proceeds of ¥410 million from the sale of property, plant and equipment were recognized. The income statement also included a gain on the sale of fixed assets of ¥113.982 million. - FY2023-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 16 September 2022, we resolved to transfer the fixed assets described below and entered into a transfer agreement on 27 September 2022. The transfer gain or loss was ¥114.335 million, and delivery was scheduled for 28 December 2022.」
To make effective use of assets and improve the financial position, the transfer of the land and building of the former Tokyo Product Center was approved and contracted. Delivery was scheduled for 28 December 2022, with a transfer gain of ¥114.335 million expected. - FY2022AdvancedAnnual report
「The carrying amount, changes during the period and fair value recognized on the consolidated balance sheet for the investment property are as follows.」
In addition to the temporary monetization through the sale of fixed assets, the leased office building was managed as investment property held for ongoing rental, and a period-end carrying amount of ¥995.593 million and period-end fair value of ¥1,385.957 million were disclosed. - FY2022-Q3AdvancedAnnual report
「As the facility had deteriorated and required repairs, and the number of employees commuting to the office had declined with the promotion of remote work, we decided to transfer the fixed assets held by the subsidiary in order to improve asset efficiency and strengthen its financial position. Carrying amount: ¥334 million; transfer value: ¥287 million; delivery date: 31 March 2022 (scheduled).」
The transfer of the aging head office building was decided in order to improve asset efficiency and strengthen the financial position, also taking into account the decline in employees commuting to the office due to remote work. The carrying amount was ¥334 million and the transfer value was ¥287 million, with delivery scheduled for 31 March 2022. - FY2021RestatedAnnual report
「As a result, revenue from the real estate business was ¥1,166 million and operating income was ¥892 million.」
The real estate business of transferring and leasing owned land and buildings continued throughout the year, generating revenue of ¥1,166 million and operating income of ¥892 million. - FY2021-Q1ReframedAnnual report
「During the cumulative first quarter under review, we recognized the above transfer of fixed assets and rental income from other fixed assets held by us as revenue.」
The focus has shifted from a temporary improvement in the financial position through the sale of fixed assets to managing and disclosing the transfer and leasing of owned land and buildings as revenue from the real estate business. - FY2020-Q3AdvancedAnnual report
「As stated in the notice titled “Transfer of Fixed Assets, Recognition of Extraordinary Income and Revision of Full-Year Earnings Forecast” issued on 12 September 2019, we transferred the land and building of the Yokohama sales office to an external company and recognized a gain on the sale of fixed assets of ¥159 million as extraordinary income.」
The transfer of the land and building of the Yokohama sales office was completed, and a gain on the sale of fixed assets of ¥159 million was recognized. We also entered into a transfer agreement for the land and building of the Osaka branch, with delivery scheduled for April 2020. - FY2020-Q2First statedAnnual report
「To make effective use of our assets and improve our financial position, we decided to transfer the land and building of the Yokohama sales office.」
The land and building of the Yokohama sales office were scheduled to be transferred during December 2019, with a transfer gain or loss of ¥159 million expected. Subsequently, we also entered into a transfer agreement for the land and building of the Osaka branch, with delivery scheduled for April 2020.