Risk of Damages Claims Arising from Damage to an Emergency Generator
First written in FY2024-Q3. 2 of 3 entries say "Materialised", first in FY2024-Q3. Latest entry: FY2025.
Toyo Denki Seizo K.K.(Toyo Electric Mfg.Co.,Ltd.) moved to the "Worse" side of this theme in 2024.
0 other companies' latest entry also says "Worsened".
- FY2025WorsenedAnnual report
「Loss on compensation for damages 83 119」
The loss on compensation for damages related to the emergency generator accident increased from ¥83 million in the previous fiscal year to ¥119 million in the current fiscal year, expanding the loss associated with the accident risk. - FY2024MaterialisedAnnual report
「Business restructuring expenses ¥346 million Loss on compensation for damages ¥83 million」
For the emergency generator damage accident disclosed in the previous quarter, a loss on compensation for damages of ¥83 million was recognized in the current consolidated fiscal year. Compensation related to the accident has materialized as an accounting loss. - FY2024-Q3MaterialisedAnnual report
「In March 2024, an engine damage accident occurred during an inspection following the overhaul of an emergency generator contracted to 東洋産業株式会社, a consolidated subsidiary of the Company. Liability claims arising from the accident are expected, but the actual amount of damages and the amount of the impact on future business performance remain undetermined because they are still being examined.」
An engine damage accident involving an emergency generator occurred in March 2024 after the end of the quarter, and liability claims are expected. The filing states that the actual amount of damages and the amount of the impact on business performance had not been determined as of the filing date.