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Nitto Kogyo (6651) · RiskScope 1 and 2 reduced, but Scope 3 increased

Environmental Laws and Regulations and Regulations Governing Environmentally Harmful Substances

First written in FY2016. 4 of 10 entries say "Restated". Latest entry: FY2026.

10entries
11years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019AdvancedFY2022 – FY20232016: 120162017: 120172018: 120182019: 120192020: 120202021: 120212022: 120222023: 120232024: 020242025: 120252026: 12026
Same theme, other companies
Compliance Costs and Business Impact of Tighter Environmental RegulationsA theme 125 companies write about · 129 as a headwind · 0 as a tailwind

3 other companies' latest entry also says "Other".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 125 companies compared. The sentences above are computed from all 125.
Full recordFilings, disclosures and news, newest first
  1. FY2026Scope 1 and 2 reduced, but Scope 3 increasedAnnual report

    「Fiscal 2020 (base-year results) Fiscal 2025 (current-year results) 2030 target Scope 1, 2 25,975 21,485 30% reduction from fiscal 2020 Scope 3 399,109 449,789 30% reduction from fiscal 2020」

    Regarding the response to climate change, Scope 1 and 2 emissions decreased from the base year, while Scope 3 emissions increased, and the company has disclosed numerical progress toward its 2030 target of reducing both Scope 1 and 2 and Scope 3 emissions by 30%.
  2. FY2025Added climate change scenario analysis and GHG performance disclosureAnnual report

    「Based on the recommendations of the TCFD (Task Force on Climate-related Financial Disclosures), we have begun climate change scenario analysis and recognize the risks and opportunities through which climate change could affect our business.」

    Regarding the response to environmental risks, the company has begun 4°C and 1.5°C scenario analyses based on the TCFD recommendations and has disclosed fiscal 2024 results against its 2030 GHG reduction targets.
  3. FY2023MitigatedAnnual report

    「We will set group-wide CO2 emissions reduction targets and promote initiatives to reduce supply chain emissions toward the realization of a sustainable society and the enhancement of corporate value.」

    The response to environmental risks has been made more concrete through oversight by the Sustainability Committee, a target to reduce Scope 1 and 2 emissions and Scope 3 emissions by 30% from fiscal 2020 levels by 2030, and supply chain emissions reductions.
  4. FY2022AdvancedAnnual report

    「Under the newly established Sustainability Committee, our group will coordinate with existing specialist committees and monitor the risks and opportunities associated with climate change, while formulating strategies and advancing initiatives addressing environmental issues. We will also set group-wide CO2 emissions reduction targets and promote initiatives to reduce supply chain emissions toward the realization of a sustainable society and the enhancement of corporate value.」

    The response to environmental risks has been made more concrete through the Sustainability Committee, monitoring of climate change risks and opportunities, CO2 emissions reduction targets, and supply chain emissions reductions.
  5. FY2021RestatedAnnual report

    「We will seek to reduce this risk by continuing to strengthen initiatives addressing environmental issues across all of our group's business activities, including controlling waste in manufacturing processes, rationalizing energy use, developing environmentally conscious products, switching to green energy, and addressing the supply chain and distribution.」

    The company continues to recognize environmental risks, including climate change risk, and maintain a response policy covering green energy, the supply chain and distribution.
  6. FY2020ReframedAnnual report

    「Growing awareness of issues affecting the global environment, including the rationalization of energy use in business activities, product-related measures in response to tighter regulations on environmentally hazardous substances, and assessments of our group's approach to environmental issues, could affect our group's financial position and operating results.」

    The company has broadened its description from costs of responding to regulations on environmentally hazardous substances to a wider range of environmental risks, including energy use, product-related measures, assessments of its environmental stance and the supply chain.
  7. FY2019RestatedAnnual report

    「If product-related measures become necessary due to tighter regulations on environmentally hazardous substances, costs may increase.」

    The company continues to identify compliance with environmental laws and regulations and the cost of responding to regulations on environmentally hazardous substances as risks.
  8. FY2018RestatedAnnual report

    「If product-related measures become necessary due to tighter regulations on environmentally hazardous substances, costs may increase.」

    The company continues to identify compliance with environmental laws and regulations and the cost of responding to regulations on environmentally hazardous substances as risks.
  9. FY2017RestatedAnnual report

    「If product-related measures become necessary due to tighter regulations on environmentally hazardous substances, costs may increase.」

    The company continues to identify compliance with environmental laws and regulations and the cost of responding to regulations on environmentally hazardous substances as risks.
  10. FY2016First statedAnnual report

    「Naturally, we must comply with these requirements in our business activities, but if product-related measures become necessary due to tighter regulations on environmentally hazardous substances, costs may increase.」

    The company cites compliance with environmental laws and regulations governing sheet-metal and painting processes, as well as the risk of costs for product-related measures resulting from tighter regulations on environmentally hazardous substances.
Moved together

"Becoming a solutions company based on standard products" moved the same way as this thread, in the same document, in 2 of its 10 moves.

222222★123456
  1. ★This thread
  2. 1Becoming a solutions company based on standard products2×
  3. 2Dependence on Domestic Economic Conditions and Capital Investment Trends2×
  4. 3Consolidated operating profit of ¥7,000 million (fiscal year ending March 2019) and ¥10,000 million (fiscal year ending March 2021)2×
  5. 4Taking on New Business Models and New Market Opportunities2×
  6. 5Frontline Capabilities That Excel in Quality, Cost and Speed2×
  7. 6R&D and Cost Reduction for Existing Products2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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Environmental Laws and Regulations and Regulations Governing Environmentally Harmful Substances | NITTO KOGYO CORPORATION (6651) | Komori