Repairs to Rental Buildings and Lower Earnings Due to Typhoon Damage
First written in FY2020-Q1. 3 of 4 entries say "Materialised", first in FY2020-Q1. Latest entry: FY2020.
Toyo Asano Foundation moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2018: 4 of 16 companies on the "Worse" side.
1 other company's latest entry also says "Dropped".
- FY2020DroppedAnnual reportThe previous filing described building repairs and lower profit resulting from typhoon damage, but no direct reference to them can be confirmed in this filing.
- FY2020-Q3MaterialisedAnnual report
「As a result of a slight decline in profit caused by repairs to buildings following typhoon damage that occurred in the previous consolidated fiscal year, net sales for the nine months ended the third quarter of the current consolidated fiscal year were ¥147 million, up 1.3% year on year, while operating profit was ¥93 million, down 19.9% year on year.」
The impact of building repairs following typhoon damage that occurred in the previous consolidated fiscal year continued into the third quarter, with operating profit down 19.9% year on year. - FY2020-Q2MaterialisedAnnual report
「As a result of a slight decline in profit caused by repairs to buildings following typhoon damage that occurred in the previous consolidated fiscal year, net sales for the six months ended the second quarter of the current consolidated fiscal year were ¥97 million, up 0.2% year on year, while operating profit was ¥56 million, down 28.1% year on year.」
The impact of building repairs following typhoon damage that occurred in the previous consolidated fiscal year continued into the second quarter, with operating profit down 28.1% year on year. - FY2020-Q1MaterialisedAnnual report
「Revenue for the cumulative first quarter of the current consolidated fiscal year was ¥49 million, up 0.7% year on year. Operating profit was ¥20 million, down 48.0% year on year, as a result of building repairs following typhoon damage incurred during the previous consolidated fiscal year.」
The company carried out repairs to rental buildings following typhoon damage that occurred in the previous consolidated fiscal year and states that operating profit consequently fell 48.0% year on year.