Damage to subsidiaries caused by an earthquake in southern Taiwan
First written in FY2016-Q3. 1 of 4 entries say "Materialised", first in FY2016. Latest entry: FY2017-Q3.
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- FY2017-Q3RestatedAnnual report
「Insurance proceeds received represent the amount received for losses incurred by the Company’s consolidated subsidiary 頂正科技股份有限公司 as a result of the earthquake in southern Taiwan on 6 February 2016.」
Insurance proceeds of ¥348 million for losses from the earthquake in southern Taiwan were recorded, and no additional disaster losses were recognized during the first nine months of the current fiscal year. - FY2017-Q2MitigatedAnnual report
「Insurance proceeds received represent the amount received for losses incurred by the Company’s consolidated subsidiary 頂正科技股份有限公司 as a result of the earthquake in southern Taiwan on 6 February 2016.」
Although damage from the earthquake in southern Taiwan had already occurred, insurance proceeds of ¥344 million for the losses were received, and the proceeds were recorded as extraordinary income and in cash flows from operating activities. - FY2016MaterialisedAnnual report
「Disaster losses of ¥419 million were recognized as an extraordinary loss for damage incurred by the Company’s consolidated subsidiary 頂正科技股份有限公司 as a result of the earthquake in southern Taiwan.」
Damage to the subsidiary’s manufacturing equipment from the earthquake in southern Taiwan was recognized as an actual disaster loss for the full fiscal year. - FY2016-Q3First statedAnnual report
「The Company recognized disaster losses for damage incurred by its consolidated subsidiary 頂正科技股份有限公司 as a result of the earthquake in southern Taiwan on 6 February 2016. No amount has been recorded for insurance proceeds because the amount receivable under the applicable insurance coverage had not been determined as of the reporting date.」
Earthquake damage occurred in practice, and disaster losses of ¥433 million were recognized. The amount of insurance proceeds had not been determined as of the filing date.