Suspension of operations and asset losses due to a fire at a reuse store
First written in FY2024-Q1. 2 of 4 entries say "Restated". Latest entry: FY2024.
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- FY2024RestatedAnnual report
「The Hard Off Off House Kumamoto Obiyama store in the reuse business was closed for 105 days due to a fire that occurred on 26 May 2023, and resumed operations on 8 September 2023. The company has received insurance proceeds for the assets destroyed in the incident, and its impact on business results was immaterial.」
The company continues to report the 105-day closure caused by the fire, the resumption of operations on 8 September 2023, receipt of insurance proceeds for the destroyed assets, and the immaterial impact on business results. - FY2024-Q3RestatedAnnual report
「The Hard Off Off House Kumamoto Obiyama store in the reuse business was closed for 105 days due to a fire that occurred on 26 May 2023, and resumed operations on 8 September 2023. The company has received insurance proceeds for the assets destroyed in the incident, and its impact on business results was immaterial.」
The company continues to report that the fire resulted in a 105-day closure, operations resumed on 8 September 2023, insurance proceeds were received for the destroyed assets, and the impact on business results was immaterial. - FY2024-Q2MitigatedAnnual report
「The Hard Off Off House Kumamoto Obiyama store in the reuse business was closed for 105 days due to a fire that occurred on 26 May 2023, and resumed operations on 8 September 2023. The company has received insurance proceeds for the assets destroyed in the incident, and its impact on business results was immaterial.」
The store was closed for 105 days due to the fire, but resumed operations on 8 September 2023, and the company received insurance proceeds for the destroyed assets. The company stated that the impact on business results was immaterial. - FY2024-Q1MaterialisedAnnual report
「A fire occurred at a reuse business store in May 2023, and the store has suspended operations. Because the company expects to receive insurance proceeds for the inventory and fixed assets destroyed in the fire, their carrying value has been recorded under “Other” in current assets as fire loss pending settlement.」
A fire occurred at a reuse business store in May 2023, resulting in an actual business suspension and the destruction of inventory and fixed assets. Because the company expects to receive insurance proceeds, the carrying value of the destroyed assets has been recorded as fire loss pending settlement.