Store Flooding Damage Caused by the July 2018 Heavy Rains
First written in FY2019-Q1. 2 of 4 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2020.
0 other companies' latest entry also says "Dropped".
- FY2020DroppedAnnual reportThis filing contains no identifiable reference to store flooding damage or losses caused by the July 2018 torrential rains.
- FY2019-Q3RestatedAnnual report
「The Company recorded as extraordinary loss ¥5 million in losses associated with the disposal of inventories damaged by the Northern Osaka Earthquake of 18 June 2018 at its stores, ¥652 million in losses associated with the disposal of inventories and property, plant and equipment and disaster-related restoration expenses resulting from the July 2018 torrential rains, and ¥102 million in losses associated with the disposal of inventories and property, plant and equipment damaged by Typhoons 21 and 24 in September 2018.」
The Company continues to record ¥652 million in disposal losses and disaster-related restoration expenses resulting from store damage caused by the July 2018 torrential rains. - FY2019-Q2MaterialisedAnnual report
「The Company recorded ¥652 million as extraordinary loss for disaster-related expenses associated with the disposal of inventories and property, plant and equipment and restoration work resulting from the July 2018 torrential rains at its stores.」
Damage to stores from the July 2018 torrential rains was recorded as ¥652 million in disposal losses for inventories and property, plant and equipment and restoration costs and other expenses. Insurance proceeds of ¥267 million were also recorded. - FY2019-Q1MaterialisedAnnual report
「Due to the impact of the July 2018 torrential rains, which occurred mainly in western Japan, one of the Company’s stores in Hiroshima Prefecture and 2 stores in Okayama Prefecture suffered damage, including flooding inside the stores.」
Three stores suffered damage, including flooding inside the stores, as a result of the July 2018 torrential rains. Damage to inventories and property, plant and equipment, disposal losses and restoration costs are expected, but the Company has insurance coverage and is still investigating the amount of damage and insurance proceeds. The affected stores have resumed operations.