Increase in Costs for Overseas Equipment Failures and Facility Repairs
First written in FY2023-Q2. 1 of 5 entries say "Materialised", first in FY2023-Q2. Latest entry: FY2025.
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- FY2025MitigatedAnnual report
「The increase in new work in the Middle East and the impact of the absence of additional costs recorded last year, among other factors, were reflected.」
Additional costs recorded in the Middle East in the previous year fell away, while new work also increased, causing the burden from equipment defects and additional costs to trend lower. - FY2024Absence of prior-year equipment defect costs and occurrence of additional costsAnnual report
「Additional costs were also incurred in the Middle East during the fourth quarter, but they decreased year on year, and new on-site work commenced.」
Costs related to addressing equipment defects in the Middle East in the previous year decreased year on year, while new additional costs were incurred in the fourth quarter of FY2024. The commencement of new on-site work was also noted. - FY2024-Q2Absence of prior-year equipment defect costs and occurrence of additional costsAnnual report
「Although some additional costs were recorded in the Middle East, operations remained firm due to progress in revising unit prices for domestic customers, an increase in on-site work in South America, and the absence of costs related to addressing equipment defects in the Middle East incurred last year.」
While costs related to addressing equipment defects in the Middle East incurred in the previous year fell away, some additional costs were newly recorded in the Middle East. The burden related to equipment defects was trending lower, but the occurrence of additional costs was also noted. - FY2023-Q3RestatedAnnual report
「There were upfront costs associated with equipment defects overseas, as well as higher facility repair costs.」
Overseas equipment defects and higher facility repair costs were cited as factors behind lower earnings in the logistics business, following the previous quarter. - FY2023-Q2MaterialisedAnnual report
「There were upfront costs associated with equipment defects overseas, as well as higher facility repair costs.」
Actual costs related to overseas equipment defects and higher facility repair costs were incurred and cited as factors behind lower earnings in the logistics business.