Improving and Strengthening the Financial Position Through the Sale of Fixed Assets
First written in FY2021-Q3. 2 of 6 entries say "Advanced", first in FY2021. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「During the fiscal year, the company sold fixed assets (Awata Sanso) and raised capital through the issuance of preferred shares.」
The company continued to disclose the sale of fixed assets at Awata Sanso as a measure to strengthen the financial position in its full-year explanation of financing and financial management. - FY2022-Q3RestatedAnnual report
「Gain on sale of fixed assets 453,761 Gain on disposal from the transfer of land and buildings in Higashiyama-ku, Kyoto, Kyoto Prefecture.」
Regarding the transfer of fixed assets to improve and strengthen the financial position, the company continued to disclose its recognition of a ¥453.761 million gain on disposal. - FY2022-Q2AdvancedAnnual report
「Cash used in operating activities was ¥394 million, a ¥1,082 million year-on-year decrease in cash used. This was mainly due to a ¥453 million gain on disposal of fixed assets and a ¥316 million pretax quarterly net loss, despite depreciation and amortization of ¥401 million, among other factors.」
Regarding the transfer of fixed assets, the company disclosed that it recognized a ¥453.761 million gain on disposal and received ¥520.370 million in proceeds from the sale of property, plant and equipment. - FY2022-Q1AchievedAnnual report
「On 27 July 2021, the company transferred the following fixed assets. It expects to recognize an approximately ¥453 million gain on disposal as extraordinary income.」
Regarding the transfer of fixed assets at Awata Sanso to improve and strengthen the financial position, the company completed the handover on 27 July 2021 and expects an approximately ¥453 million gain on disposal. - FY2021AdvancedAnnual report
「Cash used in investing activities was ¥175 million, a ¥105 million year-on-year decrease in cash used. This was because, despite a ¥130 million deposit received in connection with the sale of property, plant and equipment, the company acquired property, plant and equipment for ¥297 million, among other factors.」
Regarding the improvement of the financial position through the transfer of fixed assets, the company disclosed that it had received a ¥130 million deposit in connection with the sale of property, plant and equipment. - FY2021-Q3First statedAnnual report
「To make effective use of management resources and improve and strengthen our financial position, we decided to transfer the fixed assets listed below. Gain on disposal ¥431 million Contract signing date: Mid-March 2021 (scheduled) Property handover date: Late March 2021 (scheduled)」
The company first disclosed a plan to transfer land and buildings in Higashiyama-ku, Kyoto, to make effective use of management resources and improve and strengthen its financial position. It expects a gain on disposal of ¥431 million, with the contract signing and handover scheduled for March 2021.