Damage to Facilities, Vessels and Cargo from Natural Disasters and Accidents
First written in FY2016. 6 of 11 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2026.
The Sumitomo Warehouse moved to the "Worse" side of this theme in 2018.
1 other company's latest entry also says "Restated".
- FY2026RestatedAnnual report
「In preparation for natural disasters and unforeseen accidents, the Group maintains insurance coverage for owned facilities, including warehouses and leased buildings. However, not all damage caused by unforeseeable natural disasters and accidents can necessarily be covered by insurance, and such damage could affect the Group's business activities.」
The company continues to disclose insurance coverage for its facilities and other assets, as well as residual risks from losses that cannot be fully covered by insurance. - FY2021RestatedAnnual report
「To prepare for natural disasters and unforeseen accidents, the Group insures its facilities, including warehouses and leased buildings, as well as its vessels and entrusted cargo. However, because damage caused by unforeseeable natural disasters or accidents may not be fully covered by insurance, such damage may affect the Group's business activities.」
The company continues to disclose insurance coverage for facilities, vessels and cargo, as well as residual risks from losses that cannot be fully covered by insurance. - FY2020MaterialisedAnnual report
「The losses from disasters resulted from Typhoons No. 15 and 19 in 2019.」
The company recorded ¥70 million in losses from disasters caused by Typhoons No. 15 and 19 in 2019. - FY2020-Q3MaterialisedAnnual report
「Losses from disasters 116 113」
The company recorded ¥113 million in losses from disasters as an extraordinary loss during the first nine months of the current consolidated fiscal year. - FY2020-Q2MaterialisedAnnual report
「Losses from disasters 66 40」
The company recorded ¥40 million in losses from disasters as an extraordinary loss during the first six months of the current consolidated fiscal year. - FY2019MaterialisedAnnual report
「The losses from disasters resulted from Typhoons No. 20, 21 and 24 in 2018.」
The company recorded ¥152 million in disaster-related losses from Typhoons No. 20, 21 and 24 as an extraordinary loss. - FY2019-Q3MaterialisedAnnual report
「Losses from disasters - 116」
The company recorded ¥116 million in losses from disasters as an extraordinary loss during the first nine months of the current consolidated fiscal year. - FY2019-Q2MaterialisedAnnual report
「Losses from disasters - 66」
The company recorded ¥66 million in losses from disasters as an extraordinary loss during the first six months of the current consolidated fiscal year. - FY2018RestatedAnnual report
「To prepare for natural disasters and unforeseen accidents, the Group insures its facilities, including warehouses and leased buildings, as well as its vessels and entrusted cargo. However, because damage caused by unforeseeable natural disasters or accidents may not be fully covered by insurance, such damage may affect the Group's business activities.」
While maintaining insurance coverage, the possibility of uninsured losses from natural disasters and accidents remains as residual risk. - FY2017RestatedAnnual report
「To prepare for natural disasters and unforeseen accidents, the Group insures its facilities, including warehouses and leased buildings, as well as its vessels and entrusted cargo. However, because damage caused by unforeseeable natural disasters or accidents may not be fully covered by insurance, such damage may affect the Group's business activities.」
While maintaining insurance coverage, the possibility of uninsured losses from natural disasters and accidents remains as residual risk. - FY2016First statedAnnual report
「Because damage caused by unforeseeable natural disasters or accidents may not be fully covered by insurance, such damage may affect the Group's business activities.」
The Group insures its facilities, vessels and entrusted cargo, while recognizing as a residual risk the possibility that insurance may not cover all losses.