Impact of tighter environmental regulations on business performance
First written in FY2017. 2 of 5 entries say "Materialised", first in FY2018-Q3. Latest entry: FY2026.
78 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Our group conducts its business operations in full compliance with relevant laws, regulations, ordinances and various guidelines, including the Construction Business Act, the Fire Service Act, the Act on Prevention of Delay in Payment of Subcontracting Charges and Related Matters, the Act on Promotion of Small and Medium-sized Subcontracting Enterprises, the Air Pollution Control Act, the Noise Regulation Act, the Vibration Regulation Act, the Poisonous and Deleterious Substances Control Act, the Industrial Safety and Health Act, and the Waste Management and Public Cleansing Act.」
The company continues its policy of thoroughly complying with relevant laws and ordinances, including environmental regulations, while addressing the risk of business constraints resulting from tighter requirements or changes in interpretation. - FY2020RestatedAnnual report
「While closely monitoring developments in the environmental regulations of the Chinese authorities that caused the issue, the company will continue working to secure stable procurement through measures including diversification of suppliers.」
The company continues to recognize the mechanism by which environmental regulations imposed by the Chinese authorities affect the prices of ceramic raw materials and continues to respond by diversifying suppliers. - FY2018MaterialisedAnnual report
「Although raw material costs rose sharply as a result of tighter environmental regulations in China, revenue and profit increased as the company worked to improve productivity and reduce costs, develop new customers and markets, and, further, pass higher costs through to selling prices to some extent.」
The company stated that tighter environmental regulations in China had an actual impact on annual performance through a sharp rise in raw material costs. - FY2018-Q3MaterialisedAnnual report
「The company reported results below the same quarter of the prior year, partly due to higher raw material costs stemming from tighter environmental regulations in China and higher fuel costs resulting from rising crude oil prices.」
The company stated that tighter environmental regulations affected the performance of the refractories business through surging raw material costs, showing that the previously identified risk from environmental regulations has materialized. - FY2017First statedAnnual report
「Tighter environmental regulations, the aging of employees, and the transfer of technology and expertise associated with employee retirements could affect the performance of the Group.」
Tighter environmental regulations were identified independently for the first time as a risk that could affect business performance.