Securing Net Income for the Current Period through the Gain on Sale of Part of the Main Building Site
First written in FY2017. 3 of 9 entries say "Cited as achieved", first in FY2020-Q1. Latest entry: FY2022.
- FY2022Gain on the transfer of real estate trust beneficiary rights recordedAnnual report
「At the end of the fiscal year, while raising funds through the use of a real estate trust in order to build a financial base for the following fiscal year and beyond, the Company also placed part of its real estate in trust and transferred the related beneficiary rights. The resulting gain on the transfer was recorded as a gain on the sale of fixed assets under extraordinary income, resulting in net income of ¥844 million, compared with a net loss of ¥3,219 million in the previous fiscal year.」
In place of the previous gain on the sale of the main building site, the Company recorded a gain on the sale of fixed assets resulting from placing part of its real estate in trust and transferring the related beneficiary rights. - FY2020Cited as achievedAnnual report
「Net income decreased relatively to ¥108 million due in part to the recording of ¥6,196 million in extraordinary income from the partial sale of the main building site in the previous fiscal year, compared with net income of ¥2,023 million in the previous fiscal year.」
The Company reiterates as a historical result that net income in the previous fiscal year was affected by extraordinary income from the partial sale of the main building site. - FY2020-Q2Cited as achievedAnnual report
「The primary reason for the decrease in quarterly net income was that substantial gains on the sale of fixed assets were recorded as extraordinary income in the same quarter of the previous year.」
The Company cites as a historical result that the substantial quarterly net income in the same quarter of the previous year was attributable to extraordinary income from the partial sale of the main building site. - FY2020-Q1Cited as achievedAnnual report
「The substantial net income in the 125th fiscal year was due to the recording of extraordinary income from the partial sale of the main building site.」
The Company cites as a historical result that net income of ¥2,023 million in the previous fiscal year was attributable to extraordinary income from the partial sale of the main building site. - FY2019RestatedAnnual report
「However, to fund the rebuilding, the Company recorded ¥6,196 million in extraordinary income through the partial sale of the main building site, resulting in net income of ¥2,023 million, compared with net income of ¥103 million in the previous fiscal year.」
As an annual result, the Company reconfirmed that it recorded ¥6,196 million in extraordinary income through the partial sale of the site to fund the rebuilding of the main building. - FY2019-Q3RestatedAnnual report
「However, to fund the rebuilding of the main building, the Company recorded ¥6,196 million in extraordinary income through the partial sale of the main building site, resulting in quarterly net income of ¥2,828 million, compared with a quarterly net loss of ¥1,140 million in the same quarter of the previous year.」
The Company reconfirmed that it recorded ¥6,196 million in extraordinary income through the partial sale of the site to fund the rebuilding of the main building. - FY2019-Q2Significant increase in gain on the sale of the main building siteAnnual report
「However, to fund the rebuilding of the main building, the Company recorded ¥6,196 million in extraordinary income through the partial sale of the main building site, resulting in quarterly net income of ¥3,748 million, compared with a quarterly net loss of ¥822 million in the same quarter of the previous year.」
The Company recorded ¥6,196 million in extraordinary income through the partial sale of the site to fund the rebuilding of the main building, resulting in quarterly net income of ¥3,748 million. - FY2018Increase in gain on the sale of the main building siteAnnual report
「However, to fund the rebuilding, the Company recorded ¥1,740 million as extraordinary income through the partial sale of the main building site, resulting in net income of ¥103 million.」
Extraordinary income from the partial sale of the main building site increased from ¥1,381 million in the previous fiscal year to ¥1,740 million, resulting in net income of ¥103 million despite operating and ordinary losses. - FY2017First statedAnnual report
「However, to fund the rebuilding project, the Company recorded ¥1,381 million as extraordinary income through the partial sale of the main building site and other transactions, resulting in net income of ¥142 million.」
Although the Company recorded an operating loss and an ordinary loss, it recorded ¥1,381 million in extraordinary income from the partial sale of the main building site and other transactions, resulting in net income of ¥142 million.