Facility damage and restoration costs caused by Typhoon No. 21
First written in FY2019-Q2. 1 of 3 entries say "Materialised", first in FY2019-Q2. Latest entry: FY2020-Q3.
The Kansai Electric Power Company moved to the "Worse" side of this theme in 2018.
0 other companies' latest entry also says "Mitigated".
- FY2020-Q3MitigatedAnnual report
「Third quarter of the current consolidated fiscal year (from 1 April 2019 to 31 December 2019) No applicable matters」
The Company disclosed that there were no applicable items under extraordinary losses for the third quarter of the current consolidated fiscal year relating to the ¥13,008 million loss from the disaster caused by Typhoon No. 21 recognized in the same period of the previous year. - FY2019-Q3WorsenedAnnual report
「In addition, due mainly to the recognition as an extraordinary loss of ¥13,008 million in costs for restoration work on facilities damaged by Typhoon No. 21 in 2018, quarterly net income attributable to owners of the parent was ¥84,743 million, a decrease of ¥53,682 million from the same period of the previous year (down 38.8%).」
The cumulative amount recognized for costs related to facility restoration following Typhoon No. 21 increased from ¥12,808 million in the previous quarter to ¥13,008 million, increasing the impact recognized as an extraordinary loss. - FY2019-Q2MaterialisedAnnual report
「In addition, due mainly to the recognition as an extraordinary loss of ¥12,808 million in costs for restoration work on facilities damaged by Typhoon No. 21 in 2018, quarterly net income attributable to owners of the parent was ¥72,760 million, a decrease of ¥42,459 million from the same period of the previous year (down 36.9%).」
Facilities were damaged by Typhoon No. 21, and ¥12,808 million in costs for restoration work, etc. was recognized as an extraordinary loss. The provision for disaster restoration costs was ¥12,357 million, and costs incurred for facility restoration, etc. were ¥411 million.