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Daimei Co., Ltd. announced that a fire broke out at a plant in Mexico, the company's Mexican subsidiary, on May 11, 2025, causing losses of about US$337.51 million. The full amount was calculated in the 2025 semi-annual report. Daimei Mexico previously applied for an insurance claim of approximately US$46.28 million. Recently, Daimei Mexico received the final installment of 106.38 million US dollars in compensation, which will be included in the financial statement revenue for the third quarter of 2026. As of the date of disclosure of the announcement, compensation of US$39.372 million has been obtained, the claim procedure has been completed, and the compensation has covered the losses.
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Daimei Co., Ltd. announced that a fire broke out at a plant in Mexico, the company's Mexican subsidiary, on May 11, 2025, causing losses of about US$337.51 million. The full amount was calculated in the 2025 semi-annual report. Daimei Mexico previously applied for an insurance claim of approximately US$46.28 million. Recently, Daimei Mexico received the final installment of 106.38 million US dollars in compensation, which will be included in the financial statement revenue for the third quarter of 2026. As of the date of disclosure of the announcement, compensation of US$39.372 million has been obtained, the claim procedure has been completed, and the compensation has covered the losses.
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