Risk of bearing equipment-related costs following tighter U.S. plant-emissions regulations
First written in FY2020-Q3. 1 of 2 entries say "Materialised", first in FY2020. Latest entry: FY2020.
Toda Kogyo Corp. moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2024: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2020MaterialisedAnnual report
「当社の子会社である戸田アメリカIncorporatedにおいて環境対策引当金繰入1,094百万円を計上したことから、当連結会計年度は大きな損失を発生させることになりました。」
米国工場排気規制強化に伴う設備対応費用の負担可能性について、環境対策引当金1,094百万円を計上する形で損失が実際に発生した。 - FY2020-Q3First statedAnnual report
「In connection with representations and warranties made in the transfer of the business of our consolidated subsidiary Toda America Incorporated to BASF Toda America LLC in March 2018, we may bear part of the facility-response costs associated with tighter U.S. factory-emission regulations. However, because the investigation is ongoing, a reasonable estimate of the amount is difficult and no provision has been recognized.」
The company first disclosed the possibility of bearing part of the facility-response costs associated with tighter U.S. factory-emission regulations. The investigation remains ongoing and a reasonable estimate is difficult.