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Lec (7874) · RiskRestated

Damage to Business Locations from Natural Disasters, Fires and Other Events

First written in FY2016. 18 of 28 entries say "Restated". Latest entry: FY2024-Q3.

28entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019-Q2MaterialisedFY2021-Q1 – FY2022-Q3RestatedFY2023-Q1 – FY2024-Q32016: 320162017: 320172018: 420182019: 320192020: 320202021: 420212022: 420222023: 320232024: 1
Same theme, other companies
Disruption to business activities caused by damage to business locations and system failuresA theme 5 companies write about · 5 as a headwind · 0 as a tailwind

Lec moved to the "Worse" side of this theme in 2020.

2 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-Q3RestatedAnnual report

    「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It states that there has been no new occurrence or material change concerning damage to business locations from natural disasters, fires or other events.
  2. FY2024-Q2RestatedAnnual report

    「There were no new occurrences of the major risks that management recognizes as potentially having a material impact on the consolidated companies' financial position, operating results or cash flows, and no material changes to the risks described under "Business and Other Risks" in the annual securities report for the previous fiscal year, among the matters concerning the business and accounting conditions described in this quarterly report during the cumulative second quarter.」

    It states that there has been no new occurrence or material change concerning damage to business locations from natural disasters, fires or other events.
  3. FY2024-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    It states that there has been no new occurrence or material change concerning damage to business locations from natural disasters, fires or other events.
  4. FY2023RestatedAnnual report

    「If a disaster caused by a natural catastrophe such as a major typhoon or earthquake, a fire, or an epidemic occurs at one of the Group's business locations, it could, depending on the severity, affect the Group's financial position and operating results.」

    The risk of damage to business locations from natural disasters, fires and epidemics continues to be disclosed. No new fire during the fiscal year is mentioned.
  5. FY2023-Q2RestatedAnnual report

    「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    It states that there has been no new occurrence or material change concerning damage to business locations from natural disasters, fires or other events.
  6. FY2023-Q1RestatedAnnual report

    「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」

    It is organized as having no new occurrence or material change concerning damage to business locations from natural disasters, fires or other events.
  7. FY2022ReframedAnnual report

    「If a disaster caused by a natural catastrophe such as a major typhoon or earthquake, a fire, or an epidemic occurs at one of the Group's business locations, it could, depending on the severity, affect the Group's financial position and operating results.」

    The risk of damage to business locations from natural disasters and fires was expanded explicitly to include epidemics, with the scope of the risk organized as the impact of disasters and epidemics. The impact of the fire at the Shizuoka No. 2 Plant continued to be reflected in business performance from the previous fiscal year.
  8. FY2022-Q3MaterialisedAnnual report

    「Sales of related consumables remained challenging due to the reactionary decline following the sharp increase in demand for COVID-19 countermeasure products in the previous fiscal year, as well as the impact of the fire at the Shizuoka No. 2 Plant in July 2020.」

    It states that the July 2020 fire at the Shizuoka No. 2 Plant continued to affect sales of related consumables during the cumulative third quarter.
  9. FY2022-Q2MaterialisedAnnual report

    「Sales of cleaning and hygiene consumables remained challenging due to the reactionary decline following the sharp increase in demand for COVID-19 countermeasure products in the previous fiscal year, as well as the impact of the fire at the Shizuoka No. 2 Plant in July last year.」

    It states that the fire at the Shizuoka No. 2 Plant in the previous fiscal year affected sales of cleaning and hygiene consumables during the cumulative second quarter, indicating that the fire's business impact has continued.
  10. FY2022-Q1MaterialisedAnnual report

    「Sales of cleaning and hygiene consumables remained challenging due to the reactionary decline following the sharp increase in demand for COVID-19 countermeasure products in the previous fiscal year, as well as the impact of the fire at the Shizuoka No. 2 Plant in July last year.」

    It states that the fire at the Shizuoka No. 2 Plant in the previous fiscal year affected sales of cleaning and hygiene consumables during the quarter, indicating that the fire's actual business impact has continued.
  11. FY2021MaterialisedAnnual report

    「During the consolidated fiscal year, the company recognized ¥1,152 million in losses from disasters, ¥889 million in insurance proceeds and ¥35 million in disaster loss provision expense.」

    The company recognized ¥1,152 million in losses from disasters and other items as a result of the fire at the Shizuoka No. 2 Plant. Following the report of the Fire Accident Investigation Committee, it states that it will also work on measures to prevent a recurrence.
  12. FY2021-Q3MaterialisedAnnual report

    「Operating income was ¥4,897 million, up 45.1% year on year, and ordinary income was ¥5,026 million, up 42.3%, mainly because production productivity at the manufacturing plants improved as a result of increased production of hygiene products and other items. Profit for the quarter attributable to owners of the parent was ¥3,295 million, up 45.2%, due in part to the recognition of disaster losses related to the fire and a decrease in tax expenses resulting from the recognition of deferred tax assets whose recoverability was restored following the resolution to dissolve 麗固日用品(南通)有限公司.」

    Losses from disasters related to the fire at the Shizuoka No. 2 Plant were also recognized during the cumulative third-quarter period, so the actual impact on earnings continued. The quarterly consolidated statement of income included ¥943 million in losses from disasters.
  13. FY2021-Q2MaterialisedAnnual report

    「Losses from disasters ¥820 million」

    The company recognized ¥820 million in losses from disasters related to the fire at the Shizuoka No. 2 Plant, meaning that the financial impact of the disaster risk actually arose during the cumulative second-quarter period. It also recognized ¥85 million in disaster loss provision expense.
  14. FY2021-Q1MaterialisedAnnual report

    「A fire occurred at the Company's Shizuoka No. 2 Plant on 5 July 2020.」

    The fire at the Shizuoka No. 2 Plant is disclosed as a subsequent event. The fire was extinguished on 6 July, 8 people were injured and 4 of them died, and the building and equipment were completely destroyed. The company states that it will continue investigating the cause and thoroughly implement measures to prevent a recurrence.
  15. FY2020-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  16. FY2020-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month period of the second quarter of the current consolidated fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as involving no new occurrence or significant change.
  17. FY2020-Q1RestatedAnnual report

    「No new business or other risks arose during the cumulative first quarter of the current consolidated fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  18. FY2019MaterialisedAnnual report

    「Losses from disasters 156」

    The consolidated statement of income included ¥156 million in losses from disasters, indicating that the risk of damage to business sites from natural disasters and other events had materialized. The company also recognized ¥153 million in insurance proceeds.
  19. FY2019-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  20. FY2019-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  21. FY2018RestatedAnnual report

    「If the Group's business sites are affected by disasters caused by natural phenomena, such as major typhoons or earthquakes, or by accidents such as fires, the extent of the damage could affect the Group's financial position and operating results.」

    The possibility of damage to business sites from natural disasters, fires and other events continues to be disclosed.
  22. FY2018-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  23. FY2018-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  24. FY2017RestatedAnnual report

    「If the Group's business sites are affected by disasters caused by natural phenomena, such as major typhoons or earthquakes, or by accidents such as fires, the extent of the damage could affect the Group's financial position and operating results.」

    The risk of damage to business sites from natural disasters, fires and other events continues to be disclosed.
  25. FY2017-Q3RestatedAnnual report

    「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  26. FY2017-Q2RestatedAnnual report

    「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  27. FY2017-Q1RestatedAnnual report

    「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」

    The risk of damage to business sites from natural disasters, fires and other events is assessed as having undergone no significant change.
  28. FY2016First statedAnnual report

    「If the Group's business sites are affected by disasters caused by natural phenomena, such as major typhoons or earthquakes, or by accidents such as fires, the extent of the damage could affect the Group's financial position and operating results.」

    The possibility of damage to business sites from natural disasters, fires and other events is disclosed.
Moved together

"Market Price Risk on Investment Securities" moved the same way as this thread, in the same document, in 7 of its 28 moves.

765433★123456
  1. ★This thread
  2. 1Market Price Risk on Investment Securities7×
  3. 2Market volatility associated with economic downturns in emerging Asian and resource-rich countries and the UK's withdrawal from the EU6×
  4. 3Soaring Prices and Procurement Difficulties for Raw Materials and Outsourced Processed Products5×
  5. 4Responding to Changes in Consumer Preferences and Demand4×
  6. 5Rising expenses, including personnel and logistics costs3×
  7. 6Foreign Exchange Risk and Hedging Gains and Losses Associated with Foreign-Currency-Denominated Import Transactions3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Damage to Business Locations from Natural Disasters, Fires and Other Events | LEC,INC. (7874) | Komori