Nankai Chemical (4040) · RiskMitigated
Estimation uncertainty in environmental remediation provisions
First written in FY2024. 1 of 3 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
3entries
2years
0from disclosures
How it moved
Same theme, other companies
Recognition and Reduction of Environmental Compliance ProvisionsA theme 29 companies write about · 27 as a headwind · 2 as a tailwind
The whole theme swung hardest in 2026: 3 of 7 companies on the "Worse" side.
7 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 29 companies compared. The sentences above are computed from all 29.Full recordFilings, disclosures and news, newest first
- FY2025MitigatedAnnual report
「Slight increase year on year due to the reversal of the environmental remediation provision and receipt of insurance proceeds, among other factors」
The company recognized a ¥51 million reversal of the environmental remediation provision as extraordinary income, reducing the environmental remediation provision balance on the consolidated balance sheet to zero. The provision balance for estimation uncertainty has declined. - FY2025-H1Decrease in Provision BalanceAnnual report
「Reversal of environmental measures provision」
During the interim consolidated accounting period, the company recognized a ¥37 million reversal of the environmental remediation provision. The environmental remediation provision, a non-current liability, decreased from ¥104 million at the end of the previous consolidated fiscal year to ¥12 million, while ¥32 million was recorded under current liabilities. - FY2024First statedAnnual report
「If unexpected costs arise for removing waste, buried materials, or other items, differences between the environmental remediation provision and the required amount could have a material impact on the consolidated financial statements for the following consolidated fiscal year.」
The company disclosed the risk of over- or underestimating the ¥104 million environmental remediation provision based on soil contamination surveys and other assessments, due to unexpected removal costs.