Losses on Merchandise and Store Equipment from the Western Japan Heavy Rains
First written in FY2019-Q2. 2 of 3 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2020-Q3.
DCM Holdings moved to the "Worse" side of this theme in 2018, the same year as the typical company in this theme.
1 other company's latest entry also says "Mitigated".
- FY2020-Q3MitigatedAnnual report
「Extraordinary losses primarily included losses on the disposal of products related to the heavy rains in western Japan and the Hokkaido Eastern Iburi earthquake, the derecognition of store equipment, and restoration costs. Disaster-related losses 59」
Recorded ¥59 million in losses related to the heavy rains in western Japan and the Hokkaido Eastern Iburi earthquake. This was down from ¥767 million in disaster-related losses in the same period of the previous year. - FY2019-Q3MaterialisedAnnual report
「Insurance proceeds related to the heavy rains in western Japan in July 2018 were recorded as extraordinary income. Extraordinary losses primarily included losses on the disposal of products related to the heavy rains in western Japan and the Hokkaido Eastern Iburi earthquake, the derecognition of store equipment, and restoration costs. Disaster-related losses 767」
For losses on the disposal of products, the derecognition of store equipment, and restoration costs related to the heavy rains in western Japan, disaster-related losses of ¥767 million, including losses from the Hokkaido Eastern Iburi earthquake, were recorded for the cumulative third quarter. Insurance proceeds of ¥691 million were also recorded as extraordinary income. - FY2019-Q2MaterialisedAnnual report
「Disaster-prevention products, including those with dedicated disaster-preparedness sections, also performed well, partly due to the impact of the heavy rains in western Japan. They were recorded as extraordinary income. Extraordinary losses primarily included losses on the disposal of products related to the heavy rains in western Japan, the derecognition of store equipment, and restoration costs.」
Due to the heavy rains in western Japan in July 2018, disaster-related losses of ¥441 million, including losses on the disposal of products, the derecognition of store equipment, and restoration costs, were recorded. Insurance proceeds of ¥411 million were also recorded, documenting the actual occurrence of losses caused by the heavy rains.