Additional Recognition of PCB Waste Treatment Costs
First written in FY2017-Q3. 13 of 20 entries say "Mitigated", first in FY2018. Latest entry: FY2026.
Nippon Soda moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2017: 3 of 9 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Provision expense for environmental measures ¥666 million」
A provision expense for environmental measures of ¥666 million was recorded. The provision balance also increased from ¥14 million at the end of the previous fiscal year to a combined ¥673 million in current and non-current provisions. - FY2026-H1MitigatedAnnual report
「Provision for environmental measures 14 13」
The provision for environmental measures decreased from ¥14 million at the end of the previous fiscal year to ¥13 million at the end of the interim period. - FY2025-H1MitigatedAnnual report
「Provision for environmental measures 422 183」
The provision for environmental measures decreased from ¥422 million at the end of the previous fiscal year to ¥183 million at the end of the interim period. - FY2024MitigatedAnnual report
「Provision for environmental measures 1,446 422」
The provision for environmental measures decreased from ¥1.446 billion at the end of the previous fiscal year to ¥422 million at the end of the current fiscal year. - FY2024-Q2MitigatedAnnual report
「Provision for environmental measures 1,446 917」
The provision for environmental measures decreased from ¥1.446 billion at the end of the previous consolidated fiscal year to ¥917 million at the end of the second quarter of the current fiscal year. - FY2023-Q2WorsenedAnnual report
「Provision for environmental measures 465 734」
The provision for environmental measures increased from ¥465 million at the end of the previous consolidated fiscal year to ¥734 million at the end of the second quarter of the current fiscal year. A provision expense for environmental measures of ¥518 million was also recorded during the cumulative period. - FY2022MitigatedAnnual report
「Provision for environmental measures 1,003 465」
The provision for environmental measures decreased from ¥1.003 billion at the end of the previous fiscal year to ¥465 million. The balance related to environmental measures for PCBs and other materials contracted after increasing in the previous fiscal year. - FY2022-Q3MitigatedAnnual report
「Provision for environmental measures 1,003 453」
The provision for environmental measures decreased from ¥1.003 billion at the end of the previous fiscal year to ¥453 million at the end of the third quarter. - FY2022-Q2MitigatedAnnual report
「Provision for environmental measures 1,003 767」
The provision for environmental measures decreased from ¥1.003 billion at the end of the previous fiscal year to ¥767 million at the end of the second quarter of the current fiscal year. - FY2022-Q1MitigatedAnnual report
「Provision for environmental measures 1,003 788」
The provision for environmental measures decreased from ¥1.003 billion at the end of the previous fiscal year to ¥788 million at the end of the first quarter of the current fiscal year. - FY2021WorsenedAnnual report
「A provision expense for environmental measures of ¥633 million was recorded. Its main components are as described in “V. Accounting Information, 1. Consolidated Financial Statements, (1) Consolidated Financial Statements, Notes, (Significant Accounting Estimates), (Provision for environmental measures related to soil contamination remediation work at the Nihongi Plant).”」
The provision for environmental measures increased from ¥543 million at the end of the previous fiscal year to ¥1.003 billion at the end of the current fiscal year. In addition to the processing of PCBs and other materials, the main item cited was the cost of soil contamination remediation work at the Nihongi Plant. - FY2021-Q3WorsenedAnnual report
「Provision for environmental measures 543 1,130」
The provision for environmental measures increased from ¥543 million at the end of the previous fiscal year to ¥1.130 billion at the end of the third quarter. The balance turned upward this quarter, after declining with the progress of processing since the previous fiscal year. - FY2021-Q2WorsenedAnnual report
「Provision for environmental measures 543 635」
The provision for environmental measures increased from ¥543 million at the end of the previous fiscal year to ¥635 million at the end of the second quarter of the current fiscal year. - FY2020MitigatedAnnual report
「Provision for environmental measures 693 173 519」
The provision for environmental measures decreased from ¥693 million at the beginning of the period by ¥173 million to ¥519 million at period-end, with the balance continuing to decline as the processing of PCBs and other materials progresses. - FY2020-Q3MitigatedAnnual report
「Provision for environmental measures 724 558」
The provision for environmental measures decreased from ¥724 million at the end of the previous fiscal year to ¥558 million at the end of the third quarter of the current fiscal year. - FY2020-Q2MitigatedAnnual report
「Provision for environmental measures 724 601」
The balance of the provision for environmental measures decreased from ¥724 million at the end of the previous consolidated fiscal year to ¥601 million at the end of the second quarter. - FY2019MitigatedAnnual report
「Provision for environmental measures 872 147 326 693」
The provision for environmental measures increased by ¥147 million and decreased by ¥326 million from an opening balance of ¥872 million, resulting in a closing balance of ¥693 million. The provision balance decreased as PCB and other disposal work progressed. - FY2018MitigatedAnnual report
「During the current consolidated fiscal year, an environmental measures provision had previously been recognized to cover expenditures for environmental-related costs, including the disposal of polychlorinated biphenyl (PCB) waste. As disposal and other work progressed, more precise estimates became possible, so the estimates were revised and the difference from the previous estimates was recognized as non-operating income. As a result, ordinary income and profit before income taxes for the current consolidated fiscal year each increased by ¥143 million.」
For the provision for environmental measures related to PCB and other matters, more precise estimates resulting from progress in the disposal work increased ordinary income and profit before income taxes by ¥143 million. The provision balance also decreased from ¥1,151 million to ¥872 million. - FY2017WorsenedAnnual report
「During the current consolidated fiscal year, in addition to the disposal costs for polychlorinated biphenyl (PCB) waste and other materials for which provisions had previously been recognized, the estimated disposal costs for PCB waste and other materials that had newly become reasonably estimable, as well as estimated soil treatment costs for which treatment under the Soil Contamination Countermeasures Act had been decided, were recognized as an expense related to the environmental measures provision under non-operating expenses. As a result, ordinary income and profit before income taxes for the current consolidated fiscal year each decreased by ¥962 million compared with the previous method.」
In addition to PCB disposal costs, soil treatment costs became subject to estimated recognition, resulting in an impact of ¥962 million on ordinary income and profit before income taxes. - FY2017-Q3MaterialisedAnnual report
「During the third quarter of the current consolidated fiscal year, in addition to the disposal costs for polychlorinated biphenyl (PCB) waste and other materials for which provisions had previously been recognized, the estimated disposal costs for PCB waste and other materials that had newly become reasonably estimable were recognized as an expense related to the environmental measures provision under non-operating expenses. As a result, profit before income taxes for the cumulative third quarter of the current consolidated fiscal year decreased by ¥514 million compared with the previous method.」
The newly estimable disposal costs for PCB waste and other materials were recognized as an expense related to the environmental measures provision, reducing quarterly profit before income taxes by ¥514 million.