Fire at a Tōmei Expressway bridge repair site, losses and risk of determining the cause
First written in FY2020-Q2. 5 of 12 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2024-Q3.
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- FY2024-Q3RestatedAnnual report
「Nothing newly arose during the cumulative third quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The company stated that there had been no new changes during the quarter in the risks related to major accidents, including the fire accident at the Tomei Expressway bridge repair construction site. - FY2024-Q2RestatedAnnual report
「Nothing newly arose during the cumulative second quarter of the current consolidated fiscal year. There have also been no material changes to the "Business and Other Risks" described in the securities report for the previous fiscal year.」
The company stated that there had been no new changes during the quarter in the risks related to the fire accident at the Tomei Expressway bridge repair construction site. - FY2024-Q1WorsenedAnnual report
「We recorded ¥43 million in losses as non-operating expenses in connection with the fire accident that occurred in November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社.」
The company recorded an additional ¥43 million in losses related to the Tomei Expressway bridge repair construction fire accident during the first quarter, whereas no such losses had been recorded in the first quarter of the previous fiscal year. - FY2023-Q3MitigatedAnnual report
「Accident-related losses *1 37 —」
No accident-related losses were recorded during the cumulative third-quarter consolidated period, down to zero from ¥37 million in the same period of the previous year. No additional losses related to the fire accident at the Tomei Expressway bridge repair construction site were identified, at least for the cumulative quarter. - FY2022MitigatedAnnual report
「Insurance proceeds include ¥52 million received in connection with the fire accident that occurred in November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社.」
The company disclosed that it had received an additional ¥52 million in insurance proceeds during the fiscal year in connection with the Tomei Expressway fire accident. - FY2022-Q3RestatedAnnual report
「Of the estimated losses associated with the fire accident that occurred in November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社, we recorded ¥37 million in losses incurred during the cumulative third-quarter consolidated period as non-operating expenses.」
The company recorded ¥37 million in losses related to the fire accident at the Tomei Expressway bridge repair construction site during the cumulative third-quarter consolidated period, indicating that the accident’s financial impact continued. - FY2022-Q2WorsenedAnnual report
「Of the estimated losses associated with the fire accident that occurred in November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社, we recorded ¥39 million in losses incurred during the cumulative second-quarter consolidated period as non-operating expenses.」
While ¥177 million in insurance proceeds had been received, an additional ¥39 million in losses associated with the fire accident at the Tomei Expressway bridge repair construction site was recorded during the cumulative quarterly period. - FY2021MitigatedAnnual report
「Insurance proceeds include ¥177 million received in connection with the fire accident that occurred on 21 November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社.」
The company confirmed that it had received ¥177 million in insurance proceeds that had remained undetermined through the previous fiscal year in connection with the fire accident. - FY2021-Q2MitigatedAnnual report
「Insurance proceeds include ¥177 million received in connection with the fire accident that occurred in November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社.」
The company disclosed that it had received ¥177 million in insurance proceeds related to the fire accident at the Tomei Expressway bridge repair construction site. Part of the insurance proceeds previously considered undetermined was recorded, indicating progress in addressing the accident’s financial impact. - FY2020WorsenedAnnual report
「Of the estimated losses associated with the fire accident that occurred on 21 November 2019 during bridge repair construction on the Tomei Expressway by our subsidiary, ショーボンド建設株式会社, we recorded ¥183 million in losses incurred during the fiscal year as non-operating expenses, including scaffolding removal and site restoration costs. Insurance proceeds are expected in connection with the fire accident, but have not been recorded because the amount had not been determined as of the current date.」
The company recorded ¥183 million for the full year in losses associated with scaffolding removal, site restoration and other costs following the fire accident. The amount and timing of insurance proceeds remain undetermined. - FY2020-Q3MitigatedAnnual report
「Regarding the fire accident that occurred in November 2019 at a Tomei Expressway bridge repair construction site where our subsidiary, ショーボンド建設株式会社, was carrying out construction, we formulated measures to prevent recurrence under the guidance of the client and resumed construction. We will continue to give the highest priority to safety and work to prevent recurrence through more thorough safety management than before.」
After the fire accident, measures to prevent recurrence were formulated under the client’s guidance and construction resumed. The company stated that it would continue efforts to prevent recurrence, including more thorough safety management. Meanwhile, cumulative accident-related losses of ¥66 million have been recorded. - FY2020-Q2MaterialisedAnnual report
「Regarding the fire accident that occurred on 21 November 2019 at a Tomei Expressway bridge repair construction site where our subsidiary, ショーボンド建設株式会社, was carrying out construction, we sincerely apologize for the inconvenience caused to highway users, local residents, construction personnel and many others. Construction personnel were also killed or injured, and we express our heartfelt condolences to those who lost their lives and pray for the earliest possible recovery of those injured. Relevant authorities, including the police and fire department, are still conducting investigations. The Group will fully cooperate in determining the cause and will respond to this matter with sincerity going forward.」
A fire accident occurred on 21 November 2019 at a Tomei Expressway bridge repair construction site where ショーボンド建設株式会社, our subsidiary, was carrying out construction, resulting in deaths and injuries among construction personnel. Investigations by the police, fire department and other authorities into the cause are ongoing, and the Group has stated that it will cooperate in determining the cause and address the matter going forward. The company recorded ¥23 million in losses, including scaffolding removal and site restoration costs, as non-operating expenses, but did not record insurance proceeds because the amount remained undetermined.