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Okamoto Industries (5122) · RiskMaterialised

Flooding and suspension of operations at the Fukushima Plant due to a typhoon

First written in FY2020-Q2. 4 of 5 entries say "Materialised", first in FY2020-Q2. Latest entry: FY2021-Q2.

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ProgressHeldSoftenedWorseMaterialisedFY2020-Q2 – FY2021-Q22019: 120192020: 42020
Same theme, other companies
Fukushima Plant flooding and operational shutdown caused by the 2019 East Japan TyphoonA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2021-Q2MaterialisedAnnual report

    「Disaster-related loss payments 695」

    Payments of disaster-related losses associated with the damage to the Fukushima Plant from Typhoon Hagibis totaled ¥695 million in the cumulative second-quarter period.
  2. FY2021-Q1MaterialisedAnnual report

    「Flexible containers saw lower sales as production volumes declined due to the impact of flooding caused by Typhoon Hagibis last October. Among food hygiene products, sales of commercial-use food wrap, which had declined due to the flooding caused by Typhoon Hagibis last October, did not recover, while sales of commercial-use gloves increased, mainly for supermarkets. Overall, sales declined.」

    The impact of flooding at the Fukushima Plant and elsewhere from Typhoon Hagibis continued into the first quarter, reflected in lower production volumes and the failure of commercial-use food wrap sales to recover.
  3. FY2020MaterialisedAnnual report

    「Due to restoration costs for fixed assets and damage to inventories and other assets totaling ¥2,670 million at the Company's Fukushima Plant, which was damaged by Typhoon Hagibis in October 2019, the Company recorded the amount as disaster-related loss under extraordinary losses.」

    In connection with the flood damage at the Fukushima Plant, the Company recorded ¥2,670 million in restoration costs, inventory damage and other disaster-related losses.
  4. FY2020-Q3WorsenedAnnual report

    「Due to the restoration costs for fixed assets and damage to inventories and other assets at the Company's Fukushima Plant, which was damaged by Typhoon No. 19 of Reiwa 1 (Typhoon Hagibis) in October 2019, the Company recorded ¥2,724 million as disaster-related loss under extraordinary losses. This loss includes ¥1,945 million in provision for disaster-related losses.」

    In connection with the flood damage at the Fukushima Plant, the Company recorded ¥2,724 million in disaster-related loss and ¥1,945 million in provision for disaster-related losses, in addition to suspending operations.
  5. FY2020-Q2MaterialisedAnnual report

    「On 12 October 2019, river flooding caused by Typhoon No. 19 of Reiwa 1 (Typhoon Hagibis) resulted in flood damage to the Company's Fukushima Plant in Iwaki, Fukushima Prefecture, and operations are currently temporarily suspended. The flooding damaged manufacturing equipment, inventories and other assets. Some of these assets are insured, and the amount of the damage and insurance proceeds is currently under investigation.」

    The Fukushima Plant was flooded by river flooding caused by the typhoon, and operations were temporarily suspended. Manufacturing equipment and inventories were damaged, and the amount of the damage and insurance proceeds is under investigation.
Moved together

"Political, Economic and Legal Change Risks Associated with Overseas Expansion" moved the same way as this thread, in the same document, in 5 of its 5 moves.

555333★123456
  1. ★This thread
  2. 1Political, Economic and Legal Change Risks Associated with Overseas Expansion5×
  3. 2Declining Profitability and Impairment Losses in the Wallpaper and Agricultural Film Businesses5×
  4. 3Demand fluctuations due to seasonal factors, lifestyles, and demographic trends5×
  5. 4Strengthening sales capabilities for automotive-related products, primarily in overseas markets3×
  6. 5Impact of Exchange-Rate Fluctuations on Operating Profit3×
  7. 6Decline in Selling Prices Due to Competition for Orders3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Flooding and suspension of operations at the Fukushima Plant due to a typhoon | OKAMOTO INDUSTRIES,INC. (5122) | Komori