Business Impacts of Natural Disasters, War, Terrorism, Accidents and Other Events
First written in FY2016. 6 of 10 entries say "Materialised", first in FY2017-Q1. Latest entry: FY2026.
Tokyu Fudosan Holdings moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The company recognized the costs and estimated costs of derecognizing real estate held for sale damaged by disasters as losses from disasters (¥1,303 million) and recorded them as an extraordinary loss.」
Damage to real estate held for sale caused by a disaster actually occurred, and ¥1,303 million in disaster-related losses was recognized. - FY2020MaterialisedAnnual report
「The company recognized payments made and estimated payments for restoration costs and related expenses for fixed assets, including golf courses, damaged by Typhoon No. 15 of September 2019, which primarily affected eastern Japan, and Typhoons No. 19 and 21 of October 2019, which affected western and eastern Japan, as losses from a disaster and recorded them as an extraordinary loss.」
Damage to fixed assets from Typhoons No. 15, 19 and 21 occurred, and ¥868 million in losses from disasters was recognized. - FY2020-Q3MaterialisedAnnual report
「The company recognized payments made and estimated payments for restoration costs and related expenses for fixed assets, including golf courses, damaged by Typhoon No. 15 of September 2019, which primarily affected eastern Japan, and Typhoons No. 19 and 21 of October 2019, which affected western and eastern Japan, as losses from a disaster and recorded them as an extraordinary loss.」
In addition to Typhoon No. 15, damage to fixed assets from Typhoons No. 19 and 21 occurred, and ¥919 million in losses from disasters was recognized and recorded as an extraordinary loss. - FY2020-Q2MaterialisedAnnual report
「The company recognized estimated payments for restoration costs and related expenses for fixed assets, including golf courses, damaged by Typhoon No. 15 of September 2019, which primarily affected eastern Japan, as losses from a disaster and recorded them as an extraordinary loss.」
Fixed assets, including golf courses, were damaged by Typhoon No. 15, and ¥500 million in restoration costs and related expenses was recognized as losses from a disaster and recorded as an extraordinary loss. - FY2019RestatedAnnual report
「If an earthquake, storm, flood or other natural disaster occurs in Japan or overseas, or if there is a war, riot, terrorist attack, accident, fire or other man-made disaster, an environmental issue or a defect in real estate is identified, or population changes become extreme, the Group's results of operations and financial condition may be affected, including through damage to assets held and disputes related to the performance of compensation obligations.」
The company continues to identify risks of asset damage and compensation obligations arising from environmental issues, real-estate defects and extreme population changes, in addition to natural and man-made disasters. - FY2019-Q2MaterialisedAnnual report
「The company recognized payments made and estimated payments for restoration costs and related expenses for fixed assets, including golf courses and commercial facilities, damaged by the July 2018 Heavy Rains in western Japan as losses from a disaster and recorded them as an extraordinary loss.」
Fixed assets, including golf courses and commercial facilities, were damaged by the July 2018 Heavy Rains, and ¥474 million in restoration costs and related expenses was recognized as losses from a disaster and recorded as an extraordinary loss. - FY2018RestatedAnnual report
「If an earthquake, storm, flood or other natural disaster occurs in Japan or overseas, or if there is a war, riot, terrorist attack, accident, fire or other man-made disaster, an environmental issue or a defect in real estate is identified, or population changes become extreme, the Group's results of operations and financial condition may be affected, including through damage to assets held and disputes related to the performance of compensation obligations.」
The disclosure describes risks of asset damage and compensation obligations arising not only from natural and man-made disasters, but also from environmental issues, real-estate defects and extreme population changes. - FY2017-Q3RestatedAnnual report
「Losses from disasters ¥1,158 million These consisted primarily of impairment losses on fixed assets, including golf courses, held by a consolidated subsidiary and damaged by the Kumamoto Earthquake in April 2016.」
Losses relating to golf-course fixed assets damaged by the Kumamoto Earthquake were also recognized in the cumulative third quarter, reconfirming the impact of a natural-disaster risk that had already materialized. - FY2017-Q1MaterialisedAnnual report
「In addition, due to the Kumamoto Earthquake in April 2016, the Group recognized impairment losses on fixed assets, including golf courses, held by a consolidated subsidiary as losses from a disaster and recorded them as an extraordinary loss, resulting in a decline in quarterly net income attributable to owners of the parent. These were impairment losses on fixed assets, including golf courses, held by a consolidated subsidiary and damaged by the Kumamoto Earthquake in April 2016. Other restoration costs and related expenses are still being assessed.」
The natural-disaster risk materialized in the form of the Kumamoto Earthquake, and the company recognized ¥1,124 million in disaster-related losses, including impairment losses on golf-course fixed assets, as an extraordinary loss. Other restoration costs and related expenses remain under assessment. - FY2016First statedAnnual report
「If an earthquake, storm, flood or other natural disaster, war, riot, terrorist attack, accident, fire or other man-made disaster occurs, the Group's results of operations and financial condition may be affected.」
The disclosure describes the potential impact of natural and man-made disasters on results of operations and financial condition.