Liability and restoration costs arising from major accidents at plants constructed or maintained by the Group
First written in FY2020. 2 of 4 entries say "Restated". Latest entry: FY2025.
2 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Company prepares for emergencies under its crisis management rules. It also rigorously complies with laws and regulations related to its business, quality management systems based on ISO9001, local construction safety and health management standards, work safety standards and various technical standards.」
The Company continues to address the risk of major accidents at plants it has constructed or maintained through crisis management rules, safety and quality standards, and insurance coverage. - FY2024RestatedAnnual report
「The Company prepares for emergencies under its crisis management rules. It also rigorously complies with laws and regulations related to its business, quality management systems based on ISO9001, local construction safety and health management standards, work safety standards and various technical standards.」
The Company continues to address the risk of major accidents at plants it has constructed or maintained through crisis management rules, compliance with safety and quality standards, and insurance coverage. - FY2021MitigatedAnnual report
「The Company prepares for emergencies under its crisis management rules. It also works to prevent construction accidents and quality nonconformities by rigorously complying with laws and regulations related to its business, quality management systems based on ISO9001, local construction safety and health management standards, work safety standards and various technical standards.」
For the risk of major plant accidents, the Company identifies crisis management rules, compliance with quality and safety standards, and insurance coverage to reduce the associated financial burden as countermeasures. - FY2020First statedAnnual report
「If a major accident, such as a plant shutdown, explosion or fire, occurs for any reason at a plant where the Group performed maintenance or which it constructed, and the Group is responsible for the cause, the accident could affect results through liability for damages and the costs of restoring the plant.」
The Company identified for the first time as a standalone risk the possibility of major accidents, including plant shutdowns, explosions and fires, and the resulting liability for damages and restoration costs.