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Nitten (2108) · RiskMitigated

Compensation Paid Due to Defects in Paper Tubes for Beets

First written in FY2019-Q3. 1 of 2 entries say "Materialised", first in FY2019-Q3. Latest entry: FY2020.

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0from disclosures
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ProgressHeldSoftenedWorseMaterialisedFY2019-Q32019: 120192020: 12020
Same theme, other companies
Recognition of Damages and Compensation in Connection with Product Damage AccidentsA theme 5 companies write about · 4 as a headwind · 0 as a tailwind

1 other company's latest entry also says "Mitigated".

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  1. FY2020MitigatedAnnual report

    「Current consolidated fiscal year (1 April 2019 to 31 March 2020): No applicable items.」

    No additional amount for compensation payments related to defects in paper tubes for beet seedling cultivation that occurred in the previous year is disclosed for the current consolidated fiscal year.
  2. FY2019-Q3MaterialisedAnnual report

    「Compensation payments - ¥359 million」

    A defect in paper tubes for beet seedling cultivation actually occurred, and ¥359 million in compensation payments was recorded as an extraordinary loss.
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Compensation Paid Due to Defects in Paper Tubes for Beets | Nitten Co.,Ltd. (2108) | Komori