Komori
Kyushu Railway Company (9142) · RiskMitigated

Damage to multiple railway lines from the July 2020 torrential rains

First written in FY2021-Q1. 5 of 8 entries say "Restated". Latest entry: FY2024.

8entries
5years
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ProgressHeldSoftenedWorseRestatedFY2021-Q2 – FY2021-Q3RestatedFY2023-Q1 – FY20232020: 220202021: 120212022: 320222023: 120232024: 12024
Same theme, other companies
Damage to railway lines and recovery costs from the July 2020 heavy rainsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2024MitigatedAnnual report

    「Kumamoto Prefecture and the Company agreed at the seventh Hisatsu Line Review Meeting, held on 3 April 2024, on the direction of railway restoration between Yatsushiro and Hitoyoshi on the Hisatsu Line using a vertical separation model. Accordingly, during the consolidated fiscal year under review, the Company reasonably estimated costs including restoration to the pre-disaster condition and recorded ¥2,530 million in provision for disaster losses and ¥1,055 million in disaster losses as extraordinary losses in the consolidated statement of income.」

    For the Hisatsu Line, which was put out of service by the July 2020 torrential rains, the Company agreed with Kumamoto Prefecture on restoring the Yatsushiro–Hitoyoshi section using a vertical separation model, and the process had progressed to estimating and providing for restoration costs.
  2. FY2023RestatedAnnual report

    「In addition, railway facilities on the Kyudai and Hisatsu lines were damaged by the July 2020 torrential rains, and replacement transport services are still being provided on some sections of the Hisatsu Line.」

    Some sections of the Hisatsu Line remain out of service because of the July 2020 torrential rains, and replacement transport services continue.
  3. FY2023-Q2RestatedAnnual report

    「In addition, replacement bus services are being provided on some sections of the Hisatsu Line, which remain out of service because the July 2020 torrential rains caused extensive damage to railway facilities.」

    Some sections of the Hisatsu Line remain out of service because of the July 2020 torrential rains, and replacement transport services continue.
  4. FY2023-Q1RestatedAnnual report

    「In addition, replacement bus services are being provided on some sections of the Hisatsu Line, which remain out of service because the July 2020 torrential rains caused extensive damage to railway facilities.」

    Some sections of the Hisatsu Line remain out of service because of the July 2020 torrential rains, and replacement transport services continue.
  5. FY2022WorsenedAnnual report

    「Most of the railway in this section runs along the Kuma River, and the heavy rains caused damage at more than 400 locations, including washed-away bridges and railway disasters. Regarding the restoration policy for the Hisatsu Line, the JR Hisatsu Line Study Council, organized by the Ministry of Land, Infrastructure, Transport and Tourism and Kumamoto Prefecture, was established in March 2022, and discussions have begun with our participation.」

    Regarding damage to the Hisatsu Line caused by the July 2020 torrential rains, the number of damaged locations has been specified as more than 400, and a meeting to consider restoration policy has been established, but costs still cannot be reasonably estimated.
  6. FY2021-Q3RestatedAnnual report

    「The July 2020 heavy rains across Kyushu caused damage on multiple lines, including the Kyudai and Hisatsu lines, such as washed-away bridges and railway disasters. Of the resulting restoration and other costs that can currently be reasonably estimated, those incurred during the cumulative third quarter were recorded as “losses from disasters,” while restoration and other costs expected from the fourth quarter onward were reasonably estimated and recorded as an “expense for provision for disaster losses” under extraordinary losses in the quarterly consolidated statements of income for the cumulative third quarter.」

    The damage to multiple lines caused by the July 2020 heavy rains and the expected recognition of restoration costs continued to be disclosed during the third quarter.
  7. FY2021-Q2RestatedAnnual report

    「The July 2020 heavy rains across Kyushu caused damage on multiple lines, including the Kyudai and Hisatsu lines, such as washed-away bridges and railway disasters. Although restoration expenditures and other costs are expected, details are still under investigation and it is difficult at this time to reasonably estimate the amount of the impact.」

    The damage to the Kyudai and Hisatsu lines and other lines caused by the July 2020 heavy rains, and the expected restoration costs, continued to be disclosed during the second quarter.
  8. FY2021-Q1MaterialisedAnnual report

    「The July 2020 heavy rains across Kyushu caused damage on multiple lines, including the Kyudai and Hisatsu lines, such as washed-away bridges and railway disasters. Although restoration expenditures and other costs are expected, details are still under investigation and it is difficult at this time to reasonably estimate the amount of the impact.」

    The July 2020 heavy rains caused washed-away bridges, railway disasters and other damage on multiple lines, including the Kyudai and Hisatsu lines, and restoration costs are expected.
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