Keihanshin Building Co., Ltd.
Notice Regarding the Resolution of Fixed Asset Disposal Policy
As part of the long-term management plan to promote an asset-turnover-driven business, the disposal policy for fixed assets has been decided. The asset to be disposed is the Shijo-Kawaramachi Building (book value: 1,369 million yen). The disposal counterpart, amount, and contract date are undecided. Future sale execution is undecided, and impact on performance is also undecided. Funds will be reinvested into growth areas.
Key Figures
- Book value: 1,369 million yen (Shijo-Kawaramachi Building)
- Disposal counterparty, disposal amount, contract signing date, property handover date: undecided
- Materiality: impact of disposal yet to be determined
AI要約
Key points of the news
Keihan Shing Building is promoting asset-turnover-driven business as part of its long-term management plan. The disposal policy for fixed assets has been decided, with the disposal target being the Shijo-Kawaramachi Building (book value 1,369 million yen). The disposal counterparty, amount, contract signing date, and delivery date are undecided, and the impact on performance is currently undetermined.
Outlook and impact
If the timing and disposal amount are finalized, there may be an impact on consolidated results, but the exact impact amount is unknown at present. They will disclose promptly when further disclosure matters arise. The policy is to improve capital efficiency and reinvest in growth areas using funds from asset sales.
Keihan Shing Building Ltd.
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