Risk of natural disasters, fires and other events
First written in FY2016. 9 of 16 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
Mitsubishi Steel Mfg. moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Accident-related losses 900」
A blast furnace problem in September 2025 and a hot-blast stove problem in December of the same year occurred at a raw material supplier to Muroran Special Steel. Restoration-related costs of ¥900 million were recognised as accident-related losses. - FY2023MitigatedAnnual report
「A provision for fire-related losses had been recognised at the expected payment amount to cover restoration costs and other expenses associated with the fire at MSSC Ahle GmbH in the fiscal year ended March 2022. It was reversed during the current consolidated fiscal year because restoration work had been completed.」
Restoration work following the fire at the MSSC Ahle plant was completed, and the provision for fire-related losses was reversed. The response to the previously incurred risk progressed. - FY2023-Q3MitigatedAnnual report
「Insurance proceeds 889」
Insurance proceeds of ¥889 million were received in connection with the factory fire at MSSC Ahle GmbH, advancing compensation for the previously incurred fire risk. At the same time, fire-related losses of ¥27 million were recognised. - FY2023-Q2MitigatedAnnual report
「This represents the insurance proceeds received in connection with the factory fire at MSSC Ahle GmbH, a consolidated subsidiary, in June 2021.」
Regarding the factory fire at MSSC Ahle GmbH, insurance proceeds of ¥856 million were received and fire-related losses of ¥27 million were recognised. Compensation for a previously incurred risk is progressing. - FY2023-Q1MitigatedAnnual report
「This represents the insurance proceeds received in connection with the factory fire at MSSC Ahle GmbH, a consolidated subsidiary, in June 2021.」
Regarding the previously incurred factory fire at MSSC Ahle GmbH, insurance proceeds of ¥273 million were received, while fire-related losses of ¥26 million were also recognised. - FY2022-Q3MaterialisedAnnual report
「In June 2021, a factory fire occurred at MSSC Ahle GmbH, a Group company, damaging the factory building and production equipment.」
Regarding natural disaster and fire risks, factory fires occurred at Ningbo Linggang Spring Co., Ltd. in April 2021 and at MSSC Ahle GmbH in June of the same year. Fire-related losses of ¥679 million and a provision of ¥1,237 million for restoration costs and other expenses were recognised. - FY2020MaterialisedAnnual report
「Losses incurred by the Company and certain domestic consolidated subsidiaries in connection with Typhoon No. 15, which occurred in September 2019, and losses incurred by the Company in connection with Typhoon No. 19, which occurred in October 2019, were recognised as extraordinary losses.」
Regarding the risks of natural disasters, fires and other events, ¥106 million in losses caused by Typhoons No. 15 and No. 19 and a loss on disposal of fixed assets caused by a fire at a subsidiary were recognised in the year's results. - FY2020-Q3MaterialisedAnnual report
「Losses resulting from a fire at a consolidated subsidiary were recognised as an extraordinary loss.」
Regarding the risks of natural disasters, fires and other events, a loss on disposal of fixed assets resulting from a fire at a consolidated subsidiary actually occurred. Losses caused by Typhoons No. 15 and No. 19 were also recognised as disaster-related losses. - FY2020-Q2MaterialisedAnnual report
「Losses incurred by the Company and certain domestic consolidated subsidiaries in connection with Typhoon No. 15, which occurred in September 2019, were recognised as an extraordinary loss.」
Losses at the Company and domestic consolidated subsidiaries caused by Typhoon No. 15 actually occurred, and ¥98 million in disaster-related losses was recognised. - FY2019-Q3MaterialisedAnnual report
「Losses incurred at Mitsubishi Steel Muroran Special Steel Co., Ltd., a consolidated subsidiary of the Company, in connection with the Hokkaido Eastern Iburi Earthquake that occurred in September 2018 were recognised as an extraordinary loss.」
Regarding losses at a subsidiary associated with the Hokkaido Eastern Iburi Earthquake, ¥36 million in disaster-related losses was recognised as an extraordinary loss. - FY2019-Q2MaterialisedAnnual report
「Losses incurred at Mitsubishi Steel Muroran Special Steel Co., Ltd., a consolidated subsidiary of the Company, in connection with the Hokkaido Eastern Iburi Earthquake that occurred in September 2018 were recognised as an extraordinary loss.」
Losses at a subsidiary caused by the Hokkaido Eastern Iburi Earthquake actually occurred and ¥32 million was recognised as an extraordinary loss. - FY2018RestatedAnnual report
「If the Group suffers property damage or personal injury as a result of a large-scale natural disaster or other unforeseen event, or if a serious equipment accident or industrial accident occurs, the Group's production activities may be disrupted and its business performance may be affected.」
The risk of disruptions to production activities caused by natural disasters, equipment accidents and industrial accidents is reaffirmed. - FY2017RestatedAnnual report
「If the Group suffers property damage or personal injury as a result of a large-scale natural disaster or other unforeseen event, or if a serious equipment accident or industrial accident occurs, the Group's production activities may be disrupted and its business performance may be affected.」
The risk of disruptions to production activities caused by natural disasters, equipment accidents and industrial accidents is reiterated. - FY2016First statedAnnual report
「If the Group suffers property damage or personal injury as a result of a large-scale natural disaster, fire or other unforeseen event, its business performance may be affected.」
The possibility of property damage and personal injury caused by large-scale disasters, fires and other events is disclosed as a standard business risk.