Art Vivant (7523) · RiskDropped
Risk of Damage to Resort Hotels from Fire, Earthquakes and Other Events
First written in FY2016. 1 of 2 entries say "Dropped", first in FY2019-Q3. Latest entry: FY2019-Q3.
2entries
4years
0from disclosures
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Risk of Damage to Hotel Facilities and Business Suspension Due to Natural Disasters or AccidentsA theme 5 companies write about · 5 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Dropped".
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- FY2019-Q3DroppedAnnual report
「During the 3rd quarter cumulative consolidated period, the group transferred and exited the resort business of its consolidated subsidiary, ＴＳＣホリスティック株式会社.」
Because the Group transferred and exited its resort business, including the resort hotel it operated, operational risks relating to fire, earthquakes and other events at that hotel are no longer within the scope of the Group's business. - FY2016First statedAnnual report
「The resort hotel operated by the Group, タラサ志摩ホテル, could be damaged, destroyed by fire or deteriorated due to fire, earthquakes and other events, potentially disrupting hotel operations.」
The company discloses its fire insurance coverage while highlighting the potential impact of building damage, particularly from earthquakes.