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Kyushu Financial Group (7180) · RiskRestated

Damage to stores, borrowers and other parties from the 2016 Kumamoto Earthquake

First written in FY2016. 10 of 14 entries say "Restated". Latest entry: FY2024-Q2.

14entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2017 – FY2018RestatedFY2019-Q1 – FY2024-Q22016: 320162017: 220172018: 220182019: 120192020: 220202021: 120212022: 120222023: 22023
Same theme, other companies
Impact of the Kumamoto Earthquake on Business PerformanceA theme 12 companies write about · 12 as a headwind · 0 as a tailwind

0 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2024-Q2RestatedAnnual report

    「During the cumulative second-quarter consolidated period, there were no significant changes in the matters described in the quarterly report concerning business conditions and financial information that could materially affect investors’ decisions, or in the business risks described in the securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the 2016 Kumamoto Earthquake.
  2. FY2024-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no material changes or other significant developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the 2016 Kumamoto Earthquake.
  3. FY2023-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no material changes or other significant developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the 2016 Kumamoto Earthquake.
  4. FY2022-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no unusual changes or other abnormal developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the 2016 Kumamoto Earthquake.
  5. FY2021-Q1RestatedAnnual report

    「There were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the 2016 Kumamoto Earthquake.
  6. FY2020-Q3RestatedAnnual report

    「During the third quarter of the current consolidated fiscal year, there were no unusual changes or other abnormal developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the Kumamoto Earthquake.
  7. FY2020-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no unusual changes or other abnormal developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the Kumamoto Earthquake.
  8. FY2019-Q1RestatedAnnual report

    「During the first quarter of the current consolidated fiscal year, there were no unusual changes or other abnormal developments in the financial position or results of operations. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

    No material changes were reported regarding the risk of damage to branches, borrowers and others from the Kumamoto Earthquake.
  9. FY2018MitigatedAnnual report

    「Although some effects of the Kumamoto Earthquake two years earlier remained in tourism-related activity, the sector recovered overall, with both domestic and inbound visitors continuing to increase.」

    Although some effects of the Kumamoto Earthquake remained, the local economy as a whole was described as recovering due to increases in domestic and inbound visitors.
  10. FY2018-Q2MitigatedAnnual report

    「In the local economy, production activity for electronic components supplied to the smartphone and automotive sectors remained firm, employment conditions continued to improve, and consumption-related activity also recovered, resulting in an overall recovery. Tourism-related activity recovered from the effects of the previous year's Kumamoto Earthquake, while inbound visitors continued to increase.」

    The disclosure explains that tourism-related activity recovered from the effects of the Kumamoto Earthquake and that the local economy as a whole recovered. However, weaker activity was also seen from summer onward due to the decline following the Kyushu Fukkou-Wari tourism subsidy program.
  11. FY2017MitigatedAnnual report

    「The 2016 Kumamoto Earthquake, which occurred from 14 April 2016 onward, caused damage at Higo Bank Co., Ltd., a group company, including the temporary closure of some branches. However, there were no major casualties, and normal operations resumed at all branches approximately one week after the earthquake.」

    The disclosure states that the Kumamoto Earthquake caused damage to branches, but no major casualties, and that normal operations resumed at all branches in approximately 1 week.
  12. FY2017-Q2RestatedAnnual report

    「Although the effects of the 2016 Kumamoto Earthquake, which occurred from 14 April 2016 onward, remained in the economy of Kumamoto Prefecture, the main operating base of our group's subsidiary Higo Bank Co., Ltd., personal consumption and production activity were gradually recovering, supported by demand for recovery and reconstruction and catch-up production.」

    Although the effects of the Kumamoto Earthquake remained, personal consumption and production activity were described as gradually recovering, supported by demand for recovery and reconstruction and other factors.
  13. FY2017-Q1RestatedAnnual report

    「The 2016 Kumamoto Earthquake, which occurred from 14 April 2016 onward, caused extensive damage, mainly in our group's home region.」

    Damage from the Kumamoto Earthquake continues to be cited as a management issue, and measures to support recovery and reconstruction are indicated.
  14. FY2016MaterialisedAnnual report

    「The 2016 Kumamoto Earthquake, which occurred intermittently from 14 April 2016, caused damage to our group's operating bases and borrowers in Kumamoto Prefecture. The impact of this disaster on the group's financial position, results of operations and cash flows from the following consolidated fiscal year onward is still under investigation, and it is currently difficult to reasonably calculate the amount of the impact.」

    The disclosure states that a natural disaster actually occurred after the fiscal year-end, causing damage to operating bases, borrowers and others. The amount of the impact is considered difficult to calculate.
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Damage to stores, borrowers and other parties from the 2016 Kumamoto Earthquake | Kyushu Financial Group,Inc. (7180) | Komori