Soil and Groundwater Contamination at the Former Osaka Plant and Designation as an Area Requiring Measures
First written in FY2018. 5 of 11 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 3 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「The company is currently continuing to confirm through groundwater monitoring that the soil contamination remains below the applicable standards. Once the monitoring is complete, it plans to apply to Osaka Prefecture in March 2023 for the designation as an “area requiring remediation” to be lifted.」
For contamination remediation at the former Osaka plant site, the company has confirmed through monitoring that levels are below the applicable standards and has indicated plans to apply for the designation as an area requiring remediation to be lifted. - FY2021AchievedAnnual report
「During the consolidated fiscal year, construction related to the removal and other measures for the soil and groundwater contamination was completed. Accordingly, ¥429 million was deducted from the asset retirement obligation balance.」
For soil and groundwater contamination at the former Osaka plant, the removal and other construction was completed, and ¥429 million was deducted from the asset retirement obligation balance. - FY2021-Q3RestatedAnnual report
「Soil contamination remediation costs - 21 These are costs related to the removal and other measures for soil and groundwater contamination at the company’s former Osaka plant in Fujiidera.」
For soil and groundwater contamination at the former Osaka plant, ¥21 million in remediation costs was also recognized for the cumulative third quarter, indicating that the response remains ongoing. - FY2021-Q1RestatedAnnual report
「Soil contamination remediation costs - 11」
For soil and groundwater contamination at the former Osaka plant, ¥11 million in soil contamination remediation costs was also recognized as an extraordinary loss for the cumulative first quarter, indicating that remediation costs continue to arise. - FY2020WorsenedAnnual report
「During the consolidated fiscal year, additional construction related to the removal and other measures for the soil and groundwater contamination became necessary and was expected to exceed the initial estimate. Accordingly, ¥356 million was added to the asset retirement obligation balance before the change.」
Additional construction became necessary for contamination remediation at the former Osaka plant and was expected to exceed the initial estimate. The additional amount recognized for the asset retirement obligation was ¥356 million, bringing the balance at period-end to ¥545 million. - FY2020-Q3RestatedAnnual report
「Soil contamination remediation costs - 36」
For soil and groundwater contamination at the former Osaka plant, ¥36 million in costs related to removal and other measures was recognized as an extraordinary loss for the cumulative third quarter. The disclosure does not state that the remediation has been completed. - FY2019Remediation costs finalizedAnnual report
「Soil contamination remediation costs - 226」
For soil and groundwater contamination at the former Osaka plant, ¥226 million in costs related to removal and other measures was recognized as an extraordinary loss and an asset retirement obligation, finalizing the cost amount. - FY2019-Q3RestatedAnnual report
「Soil contamination remediation costs - 213」
For soil and groundwater contamination at the former Osaka plant, ¥213 million in soil contamination remediation costs continues to be recognized as an extraordinary loss for the cumulative third quarter. - FY2019-Q2MaterialisedAnnual report
「Soil contamination remediation costs - 213」
For soil and groundwater contamination at the former Osaka plant, ¥213 million in costs related to removal and other measures was recognized as an extraordinary loss, making the remediation costs more concrete. - FY2019-Q1RestatedAnnual report
「At the company’s former Osaka plant in Fujiidera, benzene exceeding the levels prescribed by Osaka Prefecture ordinance was detected in the soil and groundwater, and the site was designated by Osaka Prefecture as an “area requiring remediation” on 25 June 2018.」
The company has reiterated information on benzene contamination at the former Osaka plant and its designation as an area requiring remediation, while the obligation to remove the contamination continues and the asset retirement obligation remains impossible to estimate reasonably. - FY2018MaterialisedAnnual report
「At the former Osaka plant owned by the company in Fujiidera, Osaka Prefecture, benzene exceeding the levels prescribed by Osaka Prefecture ordinance was detected in the soil and groundwater, and the site was designated by Osaka Prefecture as an “area requiring remediation” on 25 June 2018.」
Benzene was detected at the former Osaka plant, which was designated as an area requiring remediation. Although the company is obligated to remove the contamination, it states that the asset retirement obligation cannot be reasonably estimated immediately after the designation.