Losses from the Explosion and Fire at the Narita Facility and from Alternative Production
First written in FY2018-Q1. 4 of 8 entries say "Restated". Latest entry: FY2019.
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- FY2019RestatedAnnual report
「Primarily because the higher costs associated with alternative production following the explosion and fire at the Narita facility were eliminated」
The full-year disclosure continues to state that the higher costs associated with alternative production following the accident have been eliminated, indicating that the pressure on earnings has remained alleviated. - FY2019-Q3RestatedAnnual report
「Operating profit increased year on year, primarily because the higher costs associated with alternative production following the explosion and fire at the Narita facility were eliminated.」
The explanation that the higher costs associated with alternative production following the explosion and fire at the Narita facility have been eliminated continues to be provided. No new change is reported in the easing of the accident's pressure on earnings. - FY2019-Q2RestatedAnnual report
「In electrical discharge machining and surface treatment, sales increased year on year overall, owing to higher sales of compressor and combustor components for aircraft engines, as well as increased sales of environmental and energy-related component processing. Operating profit also increased year on year, primarily because the higher costs associated with alternative production following the explosion and fire at the Narita facility were eliminated.」
The explanation that the higher costs associated with alternative production following the explosion and fire at the Narita facility have been eliminated continues to be provided. No new change is reported in the easing of the accident's pressure on earnings. - FY2019-Q1MitigatedAnnual report
「In electrical discharge machining and surface treatment, sales increased year on year overall, owing to higher sales of low-pressure turbine blades for aircraft engines and compressor and combustor components, as well as increased processing of energy-related components. Operating profit also increased year on year, primarily because the higher costs associated with alternative production following the explosion and fire at the Narita facility were eliminated.」
The filing states that the higher costs associated with alternative production following the explosion and fire at the Narita facility have been eliminated, easing the accident's ongoing pressure on earnings. - FY2018RestatedAnnual report
「Earnings were affected by the ¥277 million increase in costs associated with alternative production following the explosion and fire at the Narita facility at the end of the previous fiscal year, although」
The filing states that the ¥277 million increase in costs associated with alternative production following the explosion and fire at the Narita facility affected full-year earnings. The impact did not increase from the cumulative period through the third quarter, and no further deterioration is reported. The consolidated income statement records ¥28.991 million in losses from the fire accident. - FY2018-Q3WorsenedAnnual report
「Profit at each stage was affected by the ¥277 million increase in costs associated with alternative production following the explosion and fire at the Narita facility at the end of the previous fiscal year. Operating profit was ¥115 million, down 42.2% year on year, ordinary profit was ¥168 million, down 22.6%, and net income attributable to owners of the parent was ¥103 million, down 28.7%.」
The cost increase from alternative production following the explosion and fire at the Narita facility is stated as ¥277 million, up from ¥217 million in the cumulative period through the previous quarter. The quarterly consolidated income statement also records ¥28.372 million in losses from the fire accident. - FY2018-Q2WorsenedAnnual report
「Operating income was ¥37 million, down 53.4%, ordinary income was ¥64 million, down 27.4%, and net income attributable to owners of the parent was ¥32 million, down 53.2%, mainly due to the ¥217 million impact of higher costs arising from the use of labor-intensive methods to handle alternative production following the explosion and fire at the Narita facility at the end of the previous fiscal year, among other factors.」
The cost increase from alternative production following the explosion and fire at the Narita facility is specifically stated as ¥217 million, and its impact has continued and worsened as a factor behind declines in operating profit and other earnings. The quarterly consolidated income statement also records ¥15.650 million in losses from the fire accident. - FY2018-Q1MaterialisedAnnual report
「Operating profit declined year on year due in part to higher costs associated with alternative production following the explosion and fire at the Narita facility at the end of the previous fiscal year.」
The disclosure stated that the explosion and fire at the Narita facility at the end of the previous fiscal year affected operating profit through higher costs associated with alternative production. A fire-related loss of ¥10.085 million was also recorded in the quarterly consolidated income statement.