Improving Asset Efficiency Through Fixed-Asset Sales and Allocating Proceeds to Growth Investments
First written in FY2022-Q1. 3 of 12 entries say "Advanced", first in FY2025. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 4 of 42 companies on the "Worse" side.
10 other companies' latest entry also says "Other".
- FY2027-H1Shift in the investment mix toward fixed-asset acquisitionsAnnual report
「Cash used in investing activities was ¥17,119 million, compared with ¥2,481 million provided in the same period of the previous year. This was mainly attributable to ¥16,677 million in expenditure for the acquisition of property, plant and equipment.」
Investing activities shifted from being centered on proceeds from the sale of fixed assets in the same period of the previous year to the use of cash in the current interim period, mainly for ¥16,677 million in expenditure for the acquisition of property, plant and equipment. - FY2026AdvancedAnnual report
「Cash used in investing activities amounted to ¥7,215 million. This was mainly attributable to ¥20,578 million in proceeds from the sale of property, plant and equipment, ¥20,253 million in purchases of property, plant and equipment, and ¥6,323 million in expenditures for the acquisition of shares in a subsidiary resulting in a change in the scope of consolidation.」
Proceeds of ¥20,578 million from the sale of property, plant and equipment, purchases of ¥20,253 million and ¥6,323 million in expenditures for the acquisition of Petz First occurred concurrently, indicating simultaneous progress in improving asset efficiency and making growth investments. - 2026-04-14AdvancedRevisions to earnings forecasts
「This was mainly due to a ¥17,724 million decrease in land following the sale of land beneath existing stores, while merchandise and finished goods increased by ¥4,259 million. In addition, buildings and structures increased by ¥13,196 million, goodwill and trademark rights by ¥4,829 million, and notes and accounts receivable by ¥4,034 million in connection with new store openings and the acquisition of ペッツファーストホールディングス株式会社 as a wholly owned subsidiary.」
The report specified the reduction in land following the sale of land beneath existing stores and the asset increases associated with new store openings and M&A. - FY2025AdvancedAnnual report
「Transferred assets: Beneficial interests in a land trust for the land of the Super Viva Home Misato store and Super Viva Home Saitama-Oi store owned by us Transfer price: ¥20,500 million Book value: ¥19,848 million Gain on transfer: ¥652 million」
For the purpose of making effective use of fixed assets and strengthening the financial base, an agreement was executed to transfer beneficial interests in a land trust for ¥20.5 billion, and the transaction was completed on 4 March 2025. - FY2025-H1Continued fixed-asset acquisitions and reduced proceeds from salesAnnual report
「Cash used in investing activities was ¥11,616 million, compared with ¥5,997 million used in the same period of the previous year. This was mainly attributable to ¥11,078 million in spending on the acquisition of property, plant and equipment and ¥1,226 million in spending on the acquisition of intangible assets.」
While investment spending on fixed-asset acquisitions increased, proceeds from the sale of property, plant and equipment in the current interim period were only ¥9 million, a substantial decline from ¥5,146 million in the same period of the previous year. - FY2025-Q1No gain on sale of property, plant and equipment recognizedAnnual report
「Gains on sale of fixed assets 2,552 0」
The ¥2,552 million gain on sale of fixed assets recorded in the same period of the previous year fell to ¥0 million in the current quarter. The boost to net income from the previous period's gain on sale of fixed assets has disappeared. - FY2024Fixed-asset sales and capital investment conducted concurrentlyAnnual report
「Cash used in investing activities amounted to ¥6,951 million, compared with ¥13,122 million used in the previous consolidated fiscal year. This was mainly attributable to ¥14,626 million in purchases of property, plant and equipment and ¥8,146 million in proceeds from the sale of property, plant and equipment.」
Purchases and sales of property, plant and equipment occurred concurrently, reducing the amount of cash used in investing activities. A ¥3,702 million gain on sale of fixed assets was also recorded. - FY2024-Q3Increase in Gain on Sale of Fixed AssetsAnnual report
「Gains on sale of fixed assets 639 2,610」
The gain on sale of fixed assets for the cumulative third quarter increased from ¥639 million in the same period of the previous year to ¥2,610 million, indicating continued and expanded improvement in asset efficiency through fixed-asset sales. - FY2024-Q1Continued recording of gains on sale of fixed assetsAnnual report
「Gains on sale of fixed assets 617 2,552」
The gain on sale of fixed assets increased from ¥617 million in the same period of the previous year to ¥2,552 million, and the results of improving asset efficiency through fixed-asset sales were recorded again in the current quarter. - FY2022RestatedAnnual report
「In connection with the transfer of these fixed assets, we recorded a ¥10,215 million gain on sale of fixed assets as extraordinary income for the consolidated fiscal year.」
The transfer of the land and buildings of the Super Viva Home Shin-Narashino store was completed, and the recording of the ¥10,215 million gain on sale of fixed assets was confirmed for the full fiscal year. - FY2022-Q2AchievedAnnual report
「At a meeting of the Board of Directors held on 21 June 2021, we resolved to transfer fixed assets held by our consolidated subsidiary 株式会社ビバホーム, executed an agreement on the same date and completed the transfer on 30 June 2021.」
The transfer of the land and buildings of the Super Viva Home Shin-Narashino store was completed on 30 June 2021, and a ¥10,215 million gain on sale of fixed assets was recorded. The planned allocation of the gain on sale to investment in new stores and the revitalization of existing stores moved into the implementation stage. - FY2022-Q1First statedAnnual report
「We decided to transfer the land and buildings of the Super Viva Home Shin-Narashino store owned by 株式会社ビバホーム in Narashino, Chiba Prefecture, in order to review our fixed assets and improve asset efficiency through the effective use of management resources. In connection with the transfer of these fixed assets, we expect to record an approximately ¥10,000 million gain on sale of fixed assets as extraordinary income in the consolidated financial results for the second quarter of the fiscal year ending February 2022. We are considering allocating the gain on sale to investment in new stores and the revitalization of existing stores.」
The land and buildings held by Viva Home were transferred, and an approximately ¥10 billion gain on sale was expected to be recorded in the second quarter of the fiscal year ending February 2022. The Group was considering allocating the gain on sale to investment in new stores and the revitalization of existing stores.