Facility Disruptions Caused by Natural Disasters and Failures
First written in FY2016. 2 of 5 entries say "Materialised", first in FY2017-Q3. Latest entry: FY2019-Q3.
Hokkaido Electric Power Company moved to the "Worse" side of this theme in 2019.
The whole theme swung hardest in 2019: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2019-Q3MaterialisedAnnual report
「Net income attributable to owners of the parent was ¥12.158 billion, mainly because ¥4.067 billion in costs and other expenses required to restore the Tomatoh Atsuma Power Station and transmission and distribution equipment following the 2018 Hokkaido Eastern Iburi Earthquake was recorded as an extraordinary loss.」
The earthquake caused failures at the power station and transmission and distribution facilities, resulting in ¥4.067 billion in restoration costs recorded as a disaster-related extraordinary loss. - FY2018RestatedAnnual report
「If equipment is damaged by a natural disaster, breakdown or other event, expenses may increase to restore the equipment.」
The risk of equipment failures associated with natural disasters and breakdowns continues to be recognized. - FY2017RestatedAnnual report
「Net income attributable to owners of the parent for the current consolidated fiscal year was ¥8.793 billion, mainly because restoration costs associated with the typhoon disaster in August 2016 were recorded as an extraordinary loss.」
Restoration costs of ¥1.638 billion related to the typhoon disaster were recorded as a disaster-related extraordinary loss, confirming the occurrence of natural disaster risk in the annual results. - FY2017-Q3MaterialisedAnnual report
「Net income attributable to owners of the parent decreased by ¥14.966 billion to ¥4.533 billion, mainly because restoration costs associated with the typhoon disaster in August 2016 were recorded as an extraordinary loss.」
The risk of equipment damage and restoration resulting from a natural disaster materialized, with ¥1.619 billion in restoration costs associated with the typhoon disaster in August 2016 recorded as a disaster-related extraordinary loss. - FY2016First statedAnnual report
「If equipment is damaged by a natural disaster, breakdown or other event, expenses may increase to restore the equipment.」
The risk is the cost of restoring generation, transmission and distribution equipment following failures, premised on maintaining equipment reliability through inspections and maintenance.