Recognition of extraordinary losses from flood damage
AuBEX CORPORATION (filing company)
The site and buildings of the Core Center (Shiroi, Chiba Prefecture), work in process, raw materials and production equipment
Flooding caused by the torrential rains that hit Chiba in August 2026
¥32 million (extraordinary loss from disaster-related damage). The amount to be covered by insurance proceeds has not been determined.
Consolidated financial results for the second quarter of the fiscal year ending March 2027 (extraordinary loss). Once the insurance proceeds are determined, they are scheduled to be recognised as an extraordinary gain from the third quarter of the fiscal year ending March 2027 onward.
As compensation through insurance proceeds and other sources is expected, the impact on consolidated results is expected to be minor.
Company response
The insurance company's assessment procedures are under way. No disclosure regarding a third-party committee or special investigation committee: Not disclosed
The insurance company's assessment procedures will continue, and once the insurance proceeds are determined, they are scheduled to be recognised as an extraordinary gain from the third quarter of the fiscal year ending March 2027 onward. If any material impact requiring future disclosure is identified, it will be disclosed promptly.
The company will disclose the information promptly once the insurance proceeds are determined or if any material impact requiring future disclosure is identified.
| Item | Details |
|---|---|
| Event name | Recognition of extraordinary losses from flood damage |
| Date of occurrence | August 2026 (when the torrential rains hit Chiba in August 2026) |
| Subject Entity | AuBEX CORPORATION (filing company) |
| Target Locations / Products | The site and buildings of the Core Center (Shiroi, Chiba Prefecture), work in process, raw materials and production equipment |
| Cause | Flooding caused by the torrential rains that hit Chiba in August 2026 |
| Amount of Impact on Business Performance | ¥32 million (extraordinary loss from disaster-related damage). The amount to be covered by insurance proceeds has not been determined. |
| Accounting period in which recognized | Consolidated financial results for the second quarter of the fiscal year ending March 2027 (extraordinary loss). Once the insurance proceeds are determined, they are scheduled to be recognised as an extraordinary gain from the third quarter of the fiscal year ending March 2027 onward. |
| Impact on Earnings Forecast | As compensation through insurance proceeds and other sources is expected, the impact on consolidated results is expected to be minor. |
| Investigation structure | The insurance company's assessment procedures are under way. No disclosure regarding a third-party committee or special investigation committee: Not disclosed |
| Outlook | The insurance company's assessment procedures will continue, and once the insurance proceeds are determined, they are scheduled to be recognised as an extraordinary gain from the third quarter of the fiscal year ending March 2027 onward. If any material impact requiring future disclosure is identified, it will be disclosed promptly. |
| Planned follow-up disclosure | The company will disclose the information promptly once the insurance proceeds are determined or if any material impact requiring future disclosure is identified. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The site and buildings of the Core Center were flooded by the Chiba torrential rains in August 2026, resulting in the disposal of some work in process and raw materials, the replacement of parts of production equipment, restoration costs and other expenses. Compensation through insurance proceeds is also expected.