Safety measures costs and business risk following the NAS battery fire
First written in FY2016. . Latest entry: FY2024.
0 other companies' latest entry also says "Other".
- FY2024End of separate presentation of safety-measures provisionAnnual report
「The "Provision for NAS battery safety measures" previously presented separately under "Current liabilities" in the previous consolidated fiscal year will, from the current consolidated fiscal year, be included and presented under "Other" within "Current liabilities" because it has become quantitatively immaterial,」
The provision for safety measures following the NAS battery fire is no longer presented separately from the current fiscal year because it has become quantitatively immaterial. The previous fiscal year's balance of ¥763 million was reclassified to Other under current liabilities. - FY2023Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 972 763」
The provision balance for safety measures following the NAS battery fire decreased from ¥972 million at the end of the previous fiscal year to ¥763 million at the end of the current fiscal year. - FY2023-Q3Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 972 819」
The provision balance for safety measures following the NAS battery fire decreased from ¥972 million at the end of the previous consolidated fiscal year to ¥819 million at the end of the third quarter of the current fiscal year. - FY2023-Q2Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 972 887」
The provision balance for safety measures following the NAS battery fire decreased from ¥972 million at the end of the previous consolidated fiscal year to ¥887 million at the end of the second quarter of the current fiscal year. - FY2023-Q1Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 972 940」
The provision balance for safety measures following the NAS battery fire decreased from ¥972 million at the end of the previous consolidated fiscal year to ¥940 million at the end of the first quarter of the current fiscal year. - FY2022Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,465 972」
The provision balance for safety measures following the NAS battery fire decreased from ¥1,465 million at the end of the previous fiscal year to ¥972 million at the end of the current fiscal year. - FY2022-Q3Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,465 998」
The provision balance for NAS battery safety measures decreased from ¥1,465 million at the end of the previous consolidated fiscal year to ¥998 million at the end of the third quarter of the current fiscal year. - FY2022-Q2Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,465 1,042」
The provision balance for NAS battery safety measures decreased from ¥1,465 million at the end of the previous consolidated fiscal year to ¥1,042 million at the end of the second quarter of the current fiscal year. - FY2022-Q1Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,465 1,412」
The provision balance for NAS battery safety measures decreased from ¥1,465 million at the end of the previous consolidated fiscal year to ¥1,412 million at the end of the first quarter of the current fiscal year. The provision balance for safety measure costs related to the past fire continues to decline. No new fire has been reported. For accuracy, the risk associated with this theme is based on an event that has already occurred. - FY2021Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,657 1,465」
The provision balance for NAS battery safety measures decreased from ¥1,657 million at the end of the previous fiscal year to ¥1,465 million. - FY2021-Q3Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,657 1,500」
The provision balance for NAS battery safety measures decreased from ¥1,657 million at the end of the previous consolidated fiscal year to ¥1,500 million at the end of the third quarter of the current fiscal year. - FY2021-Q2Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,657 1,527」
The provision balance for NAS battery safety measures decreased from ¥1,657 million at the end of the previous consolidated fiscal year to ¥1,527 million at the end of the second quarter of the current fiscal year. - FY2021-Q1Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 1,657 1,553」
The provision balance for NAS battery safety measures decreased from ¥1,657 million at the end of the previous fiscal year to ¥1,553 million at the end of the first quarter of the current fiscal year, compared with the end of the previous consolidated fiscal year. - FY2020Further decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 2,029 1,657」
The provision balance for NAS battery safety measures decreased from ¥2,029 million at the end of the previous fiscal year to ¥1,657 million. - FY2020-Q3Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 2,029 1,735」
The provision balance for NAS battery safety measures decreased from ¥2,029 million at the end of the previous fiscal year to ¥1,735 million. - FY2020-Q2Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 2,029 1,813」
The provision balance for NAS battery safety measures decreased from ¥2,029 million at the end of the previous fiscal year to ¥1,813 million. - FY2020-Q1Further decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 2,029 1,922」
The provision balance for NAS battery safety measures decreased from ¥2,029 million at the end of the previous fiscal year to ¥1,922 million. - FY2019Decrease in the balance of the provision for safety measuresAnnual report
「Provision for NAS battery safety measures 2,029」
The provision balance for safety measures related to the NAS battery fire decreased from ¥2,561 million at the end of the previous fiscal year to ¥2,029 million. - FY2016First statedAnnual report
「Following a fire in a NAS® battery manufactured by the Company in September 2011, the Company has estimated and recorded the costs expected to arise in the future in order to thoroughly implement safety measures and other initiatives aimed at advancing the NAS battery business.」
The past fire is described as an actual event, and provisions have been recorded for future costs associated with safety measures and other initiatives.