Okayama Paper Industries (3892) · FactMitigated
Asset Retirement Obligations Related to Asbestos Removal Costs
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Asset Retirement Obligations Arising from the Removal of Hazardous Substances such as PCBs and AsbestosA theme 25 companies write about · 23 as a headwind · 1 as a tailwind
The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 25 companies compared. The sentences above are computed from all 25.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「Decrease due to settlement of asset retirement obligations △¥16.470 million Balance at year-end ¥38.790 million」
The asset retirement obligation related to asbestos removal costs, which increased by ¥55.260 million in the previous fiscal year due to a change in estimates, decreased by ¥16.470 million through settlement, leaving a year-end balance of ¥38.790 million. - FY2024First statedAnnual report
「During the fiscal year, the company obtained new information regarding asbestos contained in its fixed assets based on recent asbestos removal cost results and other factors, and revised its estimate of asbestos removal costs. As a result of this revision, asset retirement obligations increased by ¥55.260 million.」
The company recognized ¥55.260 million in asset retirement obligations due to a revision of its estimate of asbestos removal costs. Operating income and ordinary income each decreased by ¥39.060 million, while profit before income taxes decreased by ¥55.260 million.