Recognition of Disaster-Related Losses
First written in FY2018-Q2. . Latest entry: FY2020.
The whole theme swung hardest in 2023: 5 of 14 companies on the "Worse" side.
13 other companies' latest entry also says "Other".
- FY2020Confirmed that no disaster-related loss was recognized in the current periodAnnual report
「Losses from disasters ¥239.459 million ¥0」
In the comparative presentation of the income statement, losses from disasters amounted to ¥239.459 million in the previous fiscal year, while no amount was recorded in the current fiscal year. - FY2019Updated for full-year disaster losses and insurance proceeds received.Annual report
「The torrential rains in western Japan in July 2018 caused losses from the destruction of buildings, equipment and inventories, as well as restoration costs. Accordingly, the company recorded ¥239.459 million in losses from disasters for the fiscal year as an extraordinary loss and ¥290.706 million in insurance proceeds received for the affected assets as an extraordinary gain.」
Updated full-year disaster losses related to the torrential rains in western Japan to ¥239.459 million and insurance proceeds received to ¥290.706 million. - FY2019-Q3Updated cumulative amounts for disaster losses, provision expense and insurance proceeds received.Annual report
「The torrential rains in western Japan in July 2018 caused losses from the destruction of buildings, equipment and inventories, as well as restoration costs. Accordingly, the company recorded ¥198.206 million as losses from disasters for the nine-month period ended with the third quarter and, based on a reasonable estimate of losses expected from the fourth quarter accounting period onward, ¥42.82 million as provision expense for disaster loss provisions, both as extraordinary losses. It also recorded ¥290.982 million in insurance proceeds received for the affected assets as an extraordinary gain.」
Cumulative disaster losses related to the torrential rains in western Japan amounted to ¥198.206 million, while provision expense for disaster loss provisions for expected future losses amounted to ¥42.82 million. The company also recorded ¥290.982 million in insurance proceeds received for the affected assets. - FY2019-Q2Additional recognition of disaster losses and provision expense.Annual report
「Losses from disasters 180,577 Provision expense for disaster loss provision 58,126」
In relation to the torrential rains in western Japan, the company recorded ¥180.577 million in losses from disasters for the six-month period ended with the second quarter, as well as ¥58.126 million in provision expense for disaster loss provisions for losses expected to arise in the future. The amount recorded increased from the previous ¥20.144 million in disaster losses. - FY2018-Q3Increase in cumulative losses from disasters recorded.Annual report
「Losses from disasters 21,565」
Cumulative losses from disasters recorded for the nine-month period ended with the third quarter amounted to ¥21.565 million, up from ¥20.144 million for the six-month period ended with the second quarter. - FY2018-Q2First statedAnnual report
「Losses from disasters 20,144」
Losses from disasters of ¥20.144 million were recorded as an extraordinary loss for the six-month period ended with the second quarter. The text does not identify a relationship with earthquakes or other events or with uninsured losses, so no causal relationship with the previously identified earthquake and other risks can be established.