Damage to buildings, production equipment and inventories, and restoration costs, resulting from a fire at the head office plant
First written in FY2021-Q3. 2 of 4 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2022.
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- FY2022MitigatedAnnual report
「This represents the amount of insurance proceeds received in connection with the fire that occurred at the head office plant on 14 January 2021. Additional insurance proceeds for losses associated with the fire are also expected to be received in the future.」
Restoration work on the damaged building was completed in September 2021, and ¥12,774 million in insurance proceeds related to the fire was recorded as extraordinary income. - FY2022-Q2MitigatedAnnual report
「This represents the amount of insurance proceeds received in connection with the fire that occurred at the head office plant on 14 January 2021. Additional insurance proceeds for losses associated with the fire are also expected to be received in the future.」
Regarding the head office plant fire, ¥7,022 million in insurance proceeds was recorded in the current quarter, and an additional ¥5,751 million has been confirmed for receipt. Restoration work on the damaged building was also completed in September. - FY2021WorsenedAnnual report
「Because we recorded an extraordinary loss of ¥11,776 million due to burn damage to inventories and other costs associated with the fire, net income attributable to owners of the parent was also significantly below the level of the previous fiscal year, resulting in a substantial net loss.」
The extraordinary loss from the head office plant fire amounted to ¥11,776 million, comprising a ¥10,560 million fire loss, a ¥1,015 million provision for fire loss, and other items, making the scale of the damage and its impact on operating performance more specific. - FY2021-Q3MaterialisedAnnual report
「A fire occurred at our group's head office plant in Tsurumi-ku, Yokohama, Kanagawa Prefecture, on 14 January 2021, resulting in burn damage to part of our assets, including buildings, production equipment, and inventories. Losses are expected to arise from the restoration of buildings and production equipment and the remanufacture of damaged products. However, the actual amount of damage and the amount of the impact on operating performance, including the insurance assessment for the fire damage, are currently under review and have not been determined.」
The fire at the head office plant on 14 January 2021 caused actual burn damage to buildings, production equipment, inventories, and other assets, and losses including restoration and product remanufacturing costs are expected. The actual amount of damage and the impact on operating performance have not been determined.