Damage to Stores and Assets Caused by the 2016 Kumamoto Earthquake
First written in FY2016. 4 of 5 entries say "Materialised", first in FY2016. Latest entry: FY2018.
Nafco moved to the "Worse" side of this theme in 2016, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
9 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual reportThe FY2018 results and loss recognition do not mention store or asset damage from the Kumamoto Earthquake. The Kumamoto Earthquake is mentioned only as a future risk involving a large-scale disaster beyond expectations.
- FY2017MaterialisedAnnual report
「The company recorded ¥1,006 million in earthquake-related expenses due to damage to or destruction of fixed assets and inventories caused by the 2016 Kumamoto Earthquake, and ¥41 million in disaster-related expenses from damage caused by Typhoon No. 16 in September 2016, as extraordinary losses from disasters. As a result, net income was ¥4,358 million, down 16.2% year on year.」
The company recorded ¥1,006 million in earthquake-related expenses from the Kumamoto Earthquake, an increase from the amount recorded through the previous quarter. - FY2017-Q3MaterialisedAnnual report
「The company recorded ¥1,005 million in earthquake-related expenses due to damage to or destruction of fixed assets and inventories caused by the 2016 Kumamoto Earthquake, which occurred on 14 and 16 April 2016, and ¥34 million in losses from wind and flood damage caused by Typhoon No. 16 at stores in September 2016, as disaster-related losses.」
Earthquake-related expenses from the Kumamoto Earthquake increased from ¥983 million in the first quarter to ¥1,005 million for the cumulative third-quarter period, with losses continuing to be recognized. - FY2017-Q1MaterialisedAnnual report
「The company recorded ¥983 million in earthquake-related expenses as an extraordinary loss due to damage to or destruction of fixed assets and inventories caused by the 2016 Kumamoto Earthquake. As a result, quarterly net income was ¥1,482 million, down 22.4% year on year.」
Damage from the Kumamoto Earthquake was recorded as an accounting loss during the quarter, with earthquake-related expenses amounting to ¥983 million. - FY2016MaterialisedAnnual report
「The 2016 Kumamoto Earthquake, which occurred on 14 and 16 April 2016, damaged or destroyed fixed assets and inventories at some of the company's stores.」
The company described damage caused by the earthquake after the filing as a subsequent event and expected the loss to be approximately ¥1.2 billion, while stating that it was difficult to estimate when some stores would resume operations or the impact from the following fiscal year onward.