Compliance with Environmental Laws and Mine Pollution Prevention
First written in FY2016. 14 of 20 entries say "Restated". Latest entry: FY2024-Q1.
2 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks relating to environmental laws and regulations, measures to prevent mining pollution and associated costs. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks, including environmental laws and regulations and measures to prevent mining pollution. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks, including environmental laws and regulations, measures to prevent mining pollution, and the nonferrous slag issue. - FY2022RestatedAnnual report
「The Company conducts analysis under the TCFD framework and works to identify risks and opportunities. Achieving carbon neutrality is central to addressing climate change, but efforts to decarbonize may result in additional obligations, including costs, relating to the procurement of raw materials and manufacturing processes, as well as changes to the business model, and may have a significant impact on operating results and financial position.」
In addition to environmental laws and regulations and measures to prevent mining pollution, the possibility of costs and changes to the business model associated with the response to climate change has been reaffirmed as an environmental-related risk. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks, including environmental laws and regulations, measures to prevent mining pollution, and the nonferrous slag issue. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks, including environmental laws and regulations, measures to prevent mining pollution, and the nonferrous slag issue. - FY2022-Q1RestatedAnnual report
「An investigation found that some nonferrous slag products previously shipped by the Company's Annaka Smelter exceeded the soil environmental standards under the Soil Contamination Countermeasures Act, and that improper use or mixing may have occurred because of inadequate management by the Company. Although the Company may continue to incur costs to collect and remove the products, it is currently difficult to reasonably estimate the amount of the impact on the quarterly consolidated financial statements.」
The nonferrous slag issue and the possibility of costs for collection and removal continue to be disclosed, but no new significant changes have been indicated. - FY2021WorsenedAnnual report
「In addition, efforts to achieve carbon neutrality in response to societal demands may result in additional obligations, including costs, relating to the procurement of raw materials and manufacturing processes, as well as changes to the business model, and may have a significant impact on operating results and financial position.」
In addition to existing risks relating to amendments to environmental laws and regulations and the costs of preventing mining pollution, the possibility of additional costs and changes to the business model associated with the response to carbon neutrality has been explicitly identified as a new environmental-related risk. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the existing risks, including environmental laws and regulations, measures to prevent mining pollution, and the nonferrous slag issue. - FY2021-Q2RestatedAnnual report
「An investigation found that some nonferrous slag products previously shipped by the Company's Annaka Smelter exceeded the soil environmental standards under the Soil Contamination Countermeasures Act, and that improper use or mixing may have occurred because of inadequate management by the Company. Although the Company may continue to incur costs to collect and remove the products, it is currently difficult to reasonably estimate the amount of the impact on the quarterly consolidated financial statements.」
The nonferrous slag issue and the possibility of costs for collection and removal continue to be disclosed, but no new significant changes have been indicated. - FY2020MitigatedAnnual report
「To prevent a recurrence, the Company newly established the Quality Assurance Office and the Environment and Safety Office at its head office as specialized departments independent of the business execution divisions. The Company is strengthening its quality assurance system, renewing its commitment to environmental protection and continuing these efforts.」
The nonferrous slag issue continued to be disclosed, while a specialized department independent of the business execution divisions was newly established to prevent a recurrence and the quality assurance system was strengthened. - FY2020-Q3MaterialisedAnnual report
「In terms of earnings, the recording of an inventory valuation loss, along with costs for processing nonferrous slag products, among other factors, resulted in a ¥3.3 billion decline in earnings in the smelting segment, while the resources segment saw earnings decline by ¥3.6 billion, mainly due to the impact of planned production cuts at the CBH Endeavour mine.」
Processing costs for nonferrous slag products at the Annaka Smelter continued to be recorded, becoming a factor reducing earnings in the smelting segment. - FY2020-Q2MaterialisedAnnual report
「In terms of earnings, the recording of costs for processing nonferrous slag products, among other factors, resulted in a ¥2 billion decline in earnings in the smelting business, while the resources business saw earnings decline by ¥2.9 billion, mainly due to market conditions.」
Processing costs for nonferrous slag products at the Annaka Smelter were actually recorded. It remains difficult to reasonably estimate the costs of collection and removal. - FY2020-Q1MaterialisedAnnual report
「An investigation found that some nonferrous slag products previously shipped by the Company's Annaka Smelter exceeded the soil environmental standards under the Soil Contamination Countermeasures Act, and that improper use or mixing may have occurred because of inadequate management by the Company. Although the Company may continue to incur costs to collect and remove the products, it is currently difficult to reasonably estimate the amount of the impact on the quarterly consolidated financial statements.」
The investigation found that nonferrous slag products exceeded soil environmental standards and may have been improperly used or mixed, making the possibility of costs for collection and removal an actual risk. - FY2019RestatedAnnual report
「In accordance with environmental laws and regulations, the Group works to prevent pollution of the air, wastewater, soil and groundwater, among other areas. For its managed mines in Japan, it also works to prevent mining pollution, including water contamination from mine drainage and wastewater and to ensure the safety of tailings dams, in accordance with the Mine Safety Act. However, depending on amendments to relevant laws and regulations, the Group may incur additional costs.」
Disclosure continues regarding compliance with environmental laws and regulations, measures to prevent mining pollution, and the risk of additional costs arising from amendments to laws and regulations. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the risk of additional costs arising from amendments to environmental laws and regulations. - FY2019-Q2RestatedAnnual report
「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」
The disclosure states that there have been no significant changes to the risk of additional costs arising from amendments to environmental laws and regulations. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The disclosure states that there have been no significant changes to the risk of additional costs arising from amendments to environmental laws and regulations. - FY2017RestatedAnnual report
「Depending on amendments to relevant laws and regulations, the Group may incur additional costs.」
The risk of additional costs arising from amendments to environmental laws and regulations continues to be disclosed. - FY2016First statedAnnual report
「Depending on amendments to relevant laws and regulations, the Group may incur additional costs.」
Environmental regulations concerning air, wastewater, soil, groundwater and the prevention of mining pollution are identified as risks.