Improving Asset Efficiency and Strengthening the Financial Position
First written in FY2016. 13 of 17 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2023.
4 other companies' latest entry also says "Advanced".
- FY2023AdvancedAnnual report
「On the asset side, total assets were ¥5,710 million, down ¥129 million from the end of the prior consolidated fiscal year, mainly because tangible fixed assets declined by ¥125 million following the sale of the land and buildings of the Yamashina sales office, among other factors.」
The company sold the land and buildings of the Yamashina sales office, reducing tangible fixed assets by ¥125 million and total assets by ¥129 million. It also recorded a ¥110 million gain on the sale of fixed assets. - FY2023-Q3AdvancedAnnual report
「At the end of the third quarter, tangible fixed assets had declined by ¥129 million following the sale of the land and buildings of the Yamashina sales office, among other factors, but total assets increased by ¥382 million from the end of the prior consolidated fiscal year to ¥6,222 million, due in part to increases of ¥189 million in cash and deposits and ¥233 million in accounts receivable.」
The company sold the land and buildings of the Yamashina sales office, reducing tangible fixed assets by ¥129 million. It is making concrete progress in improving asset efficiency through asset sales. - FY2023-Q2AdvancedAnnual report
「At the end of the second quarter, total assets were ¥5,882 million, up ¥42 million from the end of the prior consolidated fiscal year, as cash and deposits increased by ¥124 million, while tangible fixed assets declined by ¥159 million following the sale of the land and buildings of the Yamashina sales office, among other factors.」
The company sold the land and buildings of the Yamashina sales office, reducing tangible fixed assets by ¥159 million. Proceeds from the sale were ¥387 million and the gain on the sale of fixed assets was ¥110 million, indicating concrete progress in improving asset efficiency. - FY2022AdvancedAnnual report
「As a result of investing activities during the fiscal year, funds increased by ¥19 million, compared with an increase of ¥619 million in the prior consolidated fiscal year. This was because, despite expenditures of ¥36 million for the acquisition of tangible fixed assets and other items, funds increased due to proceeds of ¥60 million from the sale of tangible fixed assets and other items.」
The company recorded proceeds of ¥60 million from the sale of tangible fixed assets and continued to improve asset efficiency through the sale of real estate. - FY2022-Q2AdvancedAnnual report
「At the end of the second quarter, total assets were ¥5,648 million, down ¥211 million from the end of the prior consolidated fiscal year, mainly because cash and deposits decreased by ¥209 million due to repayments of short-term borrowings and long-term borrowings, including long-term borrowings due within one year, among other factors.」
In addition to repaying borrowings, the company recorded proceeds of ¥60 million from the sale of tangible fixed assets, and total assets declined by ¥211 million from the end of the prior fiscal year. It continues to improve asset efficiency and reduce liabilities. - FY2021AdvancedAnnual report
「As a result of investing activities during the fiscal year, funds increased by ¥619 million, compared with an increase of ¥1,298 million in the prior consolidated fiscal year. This was because, despite expenditures of ¥45 million for the acquisition of tangible fixed assets and other items, funds increased due to proceeds of ¥642 million from the sale of tangible fixed assets and other items.」
The company sold tangible fixed assets and recorded proceeds of ¥642 million. It continues to improve asset efficiency through the consolidation and closure of operating sites and the sale of real estate. - FY2021-Q3AdvancedAnnual report
「At the end of the third quarter, current assets increased due in part to higher cash and deposits, but total assets were ¥4,429 million, down ¥436 million from the end of the prior consolidated fiscal year, mainly because the company sold unused land associated with the consolidation and closure of operating sites, reducing tangible fixed assets.」
The company sold unused land associated with the consolidation and closure of operating sites, reducing tangible fixed assets. Total assets also declined by ¥436 million from the end of the prior fiscal year, indicating concrete progress in improving asset efficiency. - FY2021-Q2AdvancedAnnual report
「At the end of the second quarter, total assets were ¥4,671 million, down ¥194 million from the end of the prior consolidated fiscal year, as tangible fixed assets declined following the sale of real estate.」
The company sold real estate, reducing tangible fixed assets. Total assets also declined by ¥194 million from the end of the prior fiscal year, indicating concrete progress in improving asset efficiency. - FY2020AdvancedAnnual report
「On the asset side, total assets were ¥4,865 million, down ¥1,242 million from the end of the prior consolidated fiscal year, mainly because tangible fixed assets declined by ¥900 million following the recognition of impairment losses and the sale of branches, among other factors.」
The recognition of impairment losses and the sale of branches reduced tangible fixed assets by ¥900 million and total assets by ¥1,242 million, indicating further progress in improving asset efficiency. - FY2020-Q2AdvancedAnnual report
「At the end of the second quarter, current assets increased due in part to higher cash and deposits, but total assets were ¥5,756 million, down ¥351 million from the end of the prior consolidated fiscal year, mainly because the company sold unused land associated with the consolidation and closure of operating sites, reducing tangible fixed assets.」
The company sold unused land associated with the consolidation and closure of operating sites, reducing tangible fixed assets and total assets by ¥351 million from the end of the prior consolidated fiscal year. It is making concrete progress in improving asset efficiency. - FY2019AdvancedAnnual report
「On the asset side, total assets were ¥6,107 million, down ¥920 million from the end of the prior consolidated fiscal year, mainly because tangible fixed assets declined by ¥712 million following the recognition of impairment losses and the sale of branches, among other factors.」
The recognition of impairment losses and the sale of branches reduced tangible fixed assets by ¥712 million and total assets by ¥920 million, indicating concrete progress in improving asset efficiency. - FY2019-Q3AdvancedAnnual report
「At the end of the third quarter, current assets increased as cash and deposits rose, but total assets were ¥6,885 million, down ¥143 million from the end of the prior consolidated fiscal year, mainly because tangible fixed assets declined following the sale of the former Miyamae sales office of the Tokyo branch, the Okura sales office and other properties.」
In addition to the former Miyamae sales office of the Tokyo branch, the company sold the Okura sales office and other properties, reducing tangible fixed assets. Total assets declined by ¥143 million from the end of the prior consolidated fiscal year, indicating concrete progress in improving asset efficiency. - FY2019-Q2RestatedAnnual report
「At the end of the second quarter, total assets were ¥6,494 million, down ¥534 million from the end of the prior consolidated fiscal year, as current assets declined due to lower cash and deposits and tangible fixed assets declined following the sale of the former Miyamae sales office of the Tokyo branch, among other factors.」
The company again disclosed a decline in tangible fixed assets resulting from the sale of the former Miyamae sales office of the Tokyo branch. Total assets declined by ¥534 million from the end of the prior consolidated fiscal year. - FY2019-Q1AdvancedAnnual report
「At the end of the cumulative first quarter, total assets were ¥6,524 million, down ¥504 million from the end of the prior consolidated fiscal year, mainly because cash and deposits decreased and tangible fixed assets declined following the sale of the former Miyamae sales office of the Tokyo branch, among other factors.」
The former Miyamae sales office of the Tokyo branch was sold, reducing tangible fixed assets. Total assets declined by ¥504 million from the end of the prior consolidated fiscal year, indicating specific progress in improving asset efficiency following the earlier branch closure. - FY2018ReframedAnnual report
「Selling, general and administrative expenses decreased by ¥390 million from the prior fiscal year to ¥3,016 million. The main reason was the closure of the Tokyo branch to improve the efficiency of management resources.」
The explanation of asset efficiency has become more specific and shifted from improving asset efficiency and strengthening the financial position through the sale of land and investment securities to improving the efficiency of management resources and reducing costs through the closure of the Tokyo branch. - FY2017DroppedAnnual report
「As a result of investing activities during the fiscal year, funds decreased by ¥30 million, compared with an increase of ¥231 million in the prior fiscal year.」
The explanation in the prior fiscal year that the sale of land and investment securities was intended to improve asset efficiency and strengthen the financial position is not repeated in this filing. - FY2016First statedAnnual report
「To improve asset efficiency and strengthen its financial position, the company sold land it held in Moriyama-ku, Nagoya, and part of its investment securities, recognizing extraordinary gains of ¥10 million and ¥63 million, respectively.」
The sale of land and investment securities is described as a means of improving asset efficiency and strengthening the financial position.