Natural Disaster, Vessel Accident and Marine Pollution Risks
First written in FY2016. 14 of 22 entries say "Materialised", first in FY2016. Latest entry: FY2026.
Azuma Shipping moved to the "Worse" side of this theme in 2022.
2 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「We recognized ¥91.148 million in damages related to a marine accident involving a container vessel.」
A marine accident involving a container vessel actually occurred, and ¥91.148 million in damages payable was recorded. - 2026-06-03MaterialisedGeneral Meetings of Shareholders
「We recognized ¥91.148 million in damages related to a marine accident involving a container vessel.」
The newly reported recognition of damages related to a marine accident involving a container vessel shows that accident risk materialized in the results. - FY2025MaterialisedAnnual report
「In addition, the company recorded ¥18.809 million as a settlement payment for a trade settlement dispute and ¥18.767 million in damages payable related to the accident involving damage to a container for transporting liquids.」
An accident involving damage to a container for transporting liquids actually occurred, and ¥18.767 million in damages payable was recorded. - FY2025-H1MaterialisedAnnual report
「The company recorded ¥11.940 million in insurance proceeds related to an accident involving damage to a container for transporting liquids.」
An accident involving damage to a container for transporting liquids occurred, and ¥11.940 million in insurance proceeds was recorded. In addition, ¥18.767 million in damages payable was recorded. - FY2024MaterialisedAnnual report
「The company recorded a loss of ¥11.500 million related to damage caused by high winds. This loss represented disaster loss provision expense, based on the amount that could reasonably be estimated at the time.」
Damage from high winds actually occurred, and ¥11.500 million in disaster loss provision expense was recorded. - FY2023MaterialisedAnnual report
「This loss resulted from the total loss of customers' products and other consequences of a vehicle fire at our consolidated subsidiary 東華貨運代理（青島）有限公司. The company recorded ¥20.512 million in damages payable.」
For the total loss of customers' products and other consequences of the vehicle fire at a subsidiary, ¥20.512 million in damages payable was recorded for the full fiscal year. - FY2023-Q3MaterialisedAnnual report
「This loss resulted from the total loss of customers' products and other consequences of a vehicle fire at our consolidated subsidiary 東華貨運代理（青島）有限公司. The company recorded ¥20.480 million in damages payable.」
A vehicle fire occurred at a consolidated subsidiary, and ¥20.480 million in damages payable was recorded for the total loss of customers' products and related consequences. - FY2023-Q2MaterialisedAnnual report
「In the logistics business, international freight volumes handled in the marine container business generally increased because loaded cargo volumes rose, despite a decline in the number of vessels handled due to typhoons, as Japan and overseas markets continued to recover from COVID-19.」
While typhoons caused the number of vessels handled to decline, the volume of marine containers handled generally increased because loaded cargo volumes rose. - FY2022RestatedAnnual report
「In preparation for natural disasters, the Group seeks to minimize losses by implementing risk mitigation measures in its operating processes, such as suspending work and securing cargo when wind speeds exceed specified thresholds, as well as taking out various types of insurance.」
Responses to natural disasters, accidents, marine pollution and pandemics, including suspending work, securing cargo, obtaining insurance and establishing a crisis management headquarters, are being reconfirmed. - FY2022-Q3MaterialisedAnnual report
「Although private consumption grew after Japan lifted its state of emergency, the decline in the number of vessel calls due to congestion at overseas ports was a factor that reduced total import cargo volumes handled.」
The decline in vessel calls due to congestion at overseas ports actually occurred and was a factor depressing international freight volumes handled. - FY2022-Q2MaterialisedAnnual report
「Cargo volumes generally declined because operations on other routes were adjusted due to severe congestion at overseas ports and bad weather.」
Operational adjustments caused by congestion at overseas ports and bad weather actually occurred and contributed to the decline in international freight volumes handled. - FY2021MitigatedAnnual report
「In preparation for natural disasters, the Group seeks to minimize losses by implementing risk mitigation measures in its operating processes, such as suspending work and securing cargo when wind speeds exceed specified thresholds, as well as taking out various types of insurance.」
Specific mitigation measures for accident, natural disaster and marine pollution risks include suspending work, securing cargo and obtaining insurance. - FY2020-Q3MaterialisedAnnual report
「The company recorded a loss of ¥25.704 million related to damage caused by Typhoons No. 15 and 17 and other events in September 2019. This loss includes ¥17.649 million in disaster loss provision expense, representing the amount that could reasonably be estimated at the time.」
For damage caused by Typhoons No. 15 and 17 and other events, the company recorded ¥25.704 million in disaster losses and ¥17.649 million in disaster loss provision expense. - FY2020-Q2MaterialisedAnnual report
「The company recorded a loss of ¥22.691 million related to damage caused by Typhoons No. 15 and 17 in September 2019. This loss includes ¥22.592 million in disaster loss provision expense, representing the amount that could reasonably be estimated at the time.」
Damage from Typhoons No. 15 and 17 actually occurred, and ¥22.691 million in disaster losses was recorded. - FY2019RestatedAnnual report
「The Group is working to maintain and strengthen its safe navigation and safe driving standards and crisis management systems, with thorough safe navigation and safe driving and environmental protection as its top priorities. However, unforeseen accidents, particularly oil spills and the resulting marine pollution, could affect the Group's results.」
The risks of natural disasters, accidents, oil spills and marine pollution, and the response through safety standards and crisis management systems, are being reconfirmed. - FY2019-Q3MitigatedAnnual report
「In international freight transportation, exports gradually recovered as the impact of natural disasters began to subside.」
The impact of natural disasters on international freight exports has begun to subside, easing the impact reported in the previous quarter. - FY2019-Q2MaterialisedAnnual report
「Although the number of vessels calling at port declined due to repeated typhoons, profitability improved as the volume of export cargo handled for Indonesia and Hong Kong increased following the launch of direct routes to Southeast Asia in April this year.」
While repeated typhoons caused the number of vessels calling at port to decline, the increase in cargo handled via direct routes is also noted. - FY2018MitigatedAnnual report
「(4) With regard to strengthening safety management, the Group implemented a fundamental review of its safety management systems and other measures. As a result, work-related accidents were halved, while the number of traffic accidents and cement vessel accidents also remained low.」
The company states that, following the review of its safety management systems, work-related accidents were halved and traffic accidents and cement vessel accidents remained low. - FY2017RestatedAnnual report
「The Group is working to maintain and strengthen its safe navigation and safe driving standards and crisis management systems, with thorough safe navigation and safe driving and environmental protection as its top priorities. However, unforeseen accidents, particularly oil spills and the resulting marine pollution, could affect the Group's results.」
The risks of natural disasters, vessel accidents, oil spills and marine pollution, and the response through safety standards and crisis management systems, are being reconfirmed. - FY2017-Q2Continued settlement of receivables and payables related to the accidentAnnual report
「The main factors were an increase of ¥136 million in cash and deposits, offset by decreases of ¥123 million in notes and accounts receivable and ¥301 million in other current assets, mainly due to the settlement of insurance claims receivable related to the vessel accident.」
Settlement of insurance claims receivable related to the vessel accident has progressed, and the financial settlement of the accident's impact remains ongoing. - FY2017-Q1Settlement of the effects of the accidentAnnual report
「This was mainly because other current liabilities declined by ¥248 million, including ¥243 million in trade accounts payable and the settlement of payables recognized in connection with losses from a vessel accident, while long-term borrowings increased by ¥208 million, short-term borrowings by ¥178 million and provision for bonuses by ¥153 million, among other factors.」
The disclosure describes the settlement of payables related to a past vessel accident. It does not indicate a reduction in the vessel accident risk itself, and was classified as a financial settlement relating to the effects of the accident. - FY2016MaterialisedAnnual report
「This represents the loss arising from the grounding of Kanyo-maru (gross tonnage: 4,953 tons), a cement carrier owned by our consolidated subsidiary イースタンマリンシステム株式会社.」
A vessel grounding accident occurred in the previous fiscal year, while the current fiscal year states that there were no losses related to vessel accidents.