Sigmakoki : Situation and impact of the Noto Peninsula Earthquake of 2024 on our Company (Fifth Report)
May 22, 2024
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May 23, 2024
Dear Valued Customers
SIGMAKOKI CO.,LTD.
Situation and impact of the Noto Peninsula Earthquake of 2024 on
our Company (Fifth Report)
We would like to express our deepest sympathies to everyone affected by the "Noto Peninsula Earthquake of 2024", which occurred on January 1, 2024 , and pray for the earliest possible recovery and reconstruction of the affected areas.
With regard to the "Situation and impact of the Noto Peninsula Earthquake of 2024 on our Company" announced on January 9, 2024, we would like to provide the following information on the situation at our Noto Plant (Shiga-machi,Hakui-gun), which has been confirmed at this time.
1. Current status of Noto Plant
Status of production facilities
Production and processing operations have resumed at the production facilities in the
factory where damage was relatively minor. Processing tests are being carried out on the production facilities that were severely damaged after initial recovery, and we expect to complete recovery of most of the production facilities by the end of May. Going forward, we will continue to do our utmost to ensure a stable supply of products.
(2) Status of production system
As a result of working closely with our production bases, group production companies, suppliers, and production partner companies to advance partial alternative production, the supply system for our main products has been restored to the same level as during normal operation. In addition, we will work to restore the factory and increase the production capacity of group production companies and production partner companies, and proceed with building a production system that meets customer requests as much as possible.
(3) Status of the building and auxiliary facilities
The first repair work has been completed for the building and auxiliary facilities of the factory to make them ready for production activities, but secondary repair work is
scheduled to begin after June of this year. The construction period is expected to be about six months to eight months.
2. Impact on Future Business Performance
As announced in today's timely disclosure "Notice regarding the recording of extraordinary
losses (losses due to disasters) and revision of the full-year earnings forecast for the fiscal year ending May 2024," due to the "2024 Noto Peninsula Earthquake" that occurred on January 1, 2024, we expect to record an extraordinary loss (loss due to disaster) of 373 million yen in our consolidated and individual financial statements for the fiscal year ending May 2024 as restoration costs for tangible fixed assets at our Noto Plant, losses on disposal of inventory, and other losses related to the disaster. (Of this, an extraordinary loss of 121 million yen has already been recorded in the consolidated and individual financial statements for the third quarter of the fiscal year ending May 2024.)
The restoration costs for tangible fixed assets have been calculated based on reasonable estimates available at this time, but may change depending on the progress of restoration work, etc.
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Sigma Koki Co. Ltd. published this content on
23 May 2024 and is solely responsible for the information contained therein. Distributed by
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SIGMA KOKI CO., LTD. is mainly engaged in the manufacture and sale of optical equipment and devices. The Company has two business segments. The Elemental Component segment manufactures and sells basic optical equipment, including stages, holders and base parts; automatic applied products, such as automatic alignment and attitude determining units, optical measurement and control units, and measurement and control software, as well as optical element and film products, such as multi-element optics, mirrors, beam splitters, filters, lenses, prisms, polarizers, circuit boards and windows. The System Product segment offers optical system products, such as lens units, laser processing systems, laser application products, micromanipulation systems, XY automatic systems for microscope, as well as commissioned custom products, among others.
SIGMAKOKI CO., LTD. 
