Flood Damage to Products from Typhoon No. 21
First written in FY2019-Q1. 3 of 5 entries say "Restated". Latest entry: FY2020-Q3.
Kitagawa Seiki moved to the "Worse" side of this theme in 2018.
1 other company's latest entry also says "Restated".
- FY2020-Q3RestatedAnnual report
「The amount of non-life insurance proceeds received for flood damage to the Company's products at a packaging company's warehouse in Kobe caused by Typhoon No. 21 in September 2018.」
The flooding damage to products caused by Typhoon No. 21 and the receipt of ¥15.13 million in property insurance proceeds are reiterated as comparative information for the corresponding period of the previous year. - FY2019RestatedAnnual report
「The amount of non-life insurance proceeds received for flood damage to the Company's products at a packaging company's warehouse in Kobe caused by Typhoon No. 21 in September 2018.」
It is reiterated that insurance proceeds of ¥15.13 million received and a disaster loss of ¥22.319 million resulting from flooding caused by Typhoon No. 21 were recognized in the current fiscal year. - FY2019-Q3RestatedAnnual report
「The amount of non-life insurance proceeds received for flood damage to the Company's products at a packaging company's warehouse in Kobe caused by Typhoon No. 21 in September 2018.」
For the flood damage caused by Typhoon No. 21, the Company recorded ¥15 million in non-life insurance proceeds as extraordinary income. It also recorded ¥22 million in disaster-related loss from the flood damage, recovery costs and other expenses. - FY2019-Q2MaterialisedAnnual report
「The amount of non-life insurance proceeds received for flood damage to the Company's products at a packaging company's warehouse in Kobe caused by Typhoon No. 21 in September 2018. Losses from flood damage to the Company's products caused by Typhoon No. 21 in September 2018, and recovery costs and other expenses.」
For the flood damage caused by Typhoon No. 21, the Company recorded ¥15 million in insurance proceeds and ¥22 million in disaster-related loss during the cumulative second quarter. - FY2019-Q1MaterialisedAnnual report
「The Company's products stored at a packaging company's warehouse in Kobe were damaged by flooding caused by Typhoon No. 21 in September 2018. Recovery work on the parts is currently under way, and because it is difficult to reasonably estimate the impact, it has not been reflected in the quarterly consolidated financial statements. The Company also has insurance coverage for such damage, but because the amount of insurance proceeds to be received cannot be determined, it has not been reflected in the quarterly consolidated financial statements.」
Products stored at a packaging company's warehouse in Kobe were damaged by flooding caused by Typhoon No. 21, and the impact and amount of insurance proceeds were reported as undetermined while recovery work continued.