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Kyushu Railway Company (9142) · RiskMitigated

Damage to railway facilities and other assets caused by the July 2017 Northern Kyushu Heavy Rain

First written in FY2018-Q1. 4 of 10 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2021-Q2.

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ProgressHeldSoftenedWorseMaterialisedFY2018-Q1 – FY2018-Q2MitigatedFY2018-Q3RestatedFY2020-Q12017: 220172018: 320182019: 320192020: 22020
Same theme, other companies
Railway-facility damage and restoration costs caused by the July 2017 Northern Kyushu torrential 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. FY2021-Q2MitigatedAnnual report

    「For the Hitahikosan Line, where substitute bus services are being provided between Soeda and Yoake due to the July 2017 Northern Kyushu Heavy Rain, the Company agreed with the relevant local governments to restore the line by introducing a bus rapid transit system (BRT) and is proceeding with preparations for restoration.」

    Regarding the risk of continued service suspension on the Hitahikosan Line due to heavy-rain damage, the restoration method using BRT was agreed with the relevant local governments, clarifying the response plan.
  2. FY2021-Q1MaterialisedAnnual report

    「Due to the July 2017 Northern Kyushu Heavy Rain, substitute bus services have been provided between Soeda and Yoake on the Hitahikosan Line. At the sixth Hitahikosan Line Restoration Conference held on 16 July 2020, a resolution was passed to restore the line and the restoration method was determined. Accordingly, during the nine-month period ended 30 June 2020, the Company reasonably estimated costs associated with removing and repairing railway facilities and other expenses, and recorded ¥2,187 million in provision for disaster losses as an extraordinary loss in the quarterly consolidated statement of income.」

    The restoration method for the Hitahikosan Line was determined, and ¥2,187 million was recorded as provision for disaster losses for removal and repair costs.
  3. FY2020-Q1RestatedAnnual report

    「Due to the July 2017 Northern Kyushu Heavy Rain, substitute bus services are being provided between Soeda and Yoake on the Hitahikosan Line.」

    Substitute bus services on the Hitahikosan Line due to the Northern Kyushu Heavy Rain remain ongoing.
  4. FY2019MitigatedAnnual report

    「Train services resumed on the Kyudai Line in July of last year and on the Chikuho Line in March of this year.」

    Some of the impact of the Northern Kyushu Heavy Rain and other events was reduced by the resumption of train services on the Kyudai and Chikuho lines. Meanwhile, service suspensions remain on the Hitahikosan Line and elsewhere.
  5. FY2019-Q3RestatedAnnual report

    「Meanwhile, substitute bus services were provided on some sections of the Kyudai and Hitahikosan lines due to the July 2017 Northern Kyushu Heavy Rain and other events, and on some sections of the Chikuho Line due to the July 2018 Heavy Rain. Train services on the Kyudai Line resumed in July of this year.」

    Continues to describe substitute bus services on some sections affected by the Northern Kyushu Heavy Rain and the resumption of train services on the Kyudai Line.
  6. FY2019-Q2MitigatedAnnual report

    「Meanwhile, substitute bus services were provided on some sections of the Kyudai and Hitahikosan lines due to the July 2017 Northern Kyushu Heavy Rain and other events, and on some sections of the Chikuho Line due to the July 2018 Heavy Rain. Train services on the Kyudai Line resumed in July of this year.」

    Train services on the Kyudai Line resumed in July, reducing some of the impact of the Northern Kyushu Heavy Rain. Meanwhile, substitute bus services continue on the Hitahikosan Line and elsewhere.
  7. FY2019-Q1RestatedAnnual report

    「In addition, due to the July 2017 Northern Kyushu Heavy Rain and September 2017 Typhoon No. 18, substitute bus services were provided on some sections of the Kyudai and Hitahikosan lines.」

    Continued providing substitute bus services on some sections affected by the Northern Kyushu Heavy Rain.
  8. FY2018-Q3MitigatedAnnual report

    「The July 2017 Northern Kyushu Heavy Rain and September 2017 Typhoon No. 18 caused damage to railway facilities on the Kyudai, Hitahikosan and Nippo lines, among others, and substitute bus services are being provided on some sections. However, train services resumed between Usuki and Saiki on the Nippo Line in December of last year.」

    Facility damage and substitute transportation caused by the heavy rain continue, but train services resumed between Usuki and Saiki on the Nippo Line in December.
  9. FY2018-Q2MaterialisedAnnual report

    「The September 2017 Typhoon No. 18 and other events caused damage to railway facilities on the Kyudai, Hitahikosan and Nippo lines, among others, and substitute bus services are being provided on some sections.」

    In connection with damage caused by the Northern Kyushu Heavy Rain, the Company recorded ¥73 million in disaster losses and ¥4,819 million in provision for disaster losses, in addition to facility damage and substitute transportation on multiple lines.
  10. FY2018-Q1MaterialisedAnnual report

    「The July 2017 Northern Kyushu Heavy Rain, which occurred from 5 to 6 July 2017, caused damage mainly to railway facilities and other assets. Although restoration costs and other expenditures are expected as a result, the details are still under investigation and it is currently difficult to reasonably estimate the amount of the impact.」

    Damage to railway facilities and other assets from the Northern Kyushu Heavy Rain occurred after the end of the quarter, and restoration costs are expected, but the amount of the impact is still under investigation and cannot be reasonably estimated.
Moved together

"R&D Expenses for the Nine-Month Period" moved the same way as this thread, in the same document, in 4 of its 10 moves.

443333★123456
  1. ★This thread
  2. 1R&D Expenses for the Nine-Month Period4×
  3. 2Damage to Railway Facilities and Other Infrastructure Caused by Typhoon No. 18 in 20174×
  4. 3Operating Profit and Net Income Reported for the Cumulative Period through the Second Quarter3×
  5. 4New Openings of Convenience Stores, Drugstores and Other Outlets3×
  6. 5Construction Group: Higher Revenue, Lower Profit3×
  7. 6Creating Vibrant Communities Through the Development and Renewal of Facilities Around Stations3×

★ 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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