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Kyosan Electric Manufacturing (6742) · RiskRemediation-related expense recognized

Soil Contamination Remediation Costs at the Head Office and Tsurumi Plant

First written in FY2019. 1 of 4 entries say "Materialised", first in FY2019. Latest entry: FY2022.

4entries
4years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2019 – FY2020MitigatedFY20212019: 120192020: 120202021: 120212022: 12022
Same theme, other companies
Prolonged Remediation and Cost Burden from Past Soil and Groundwater ContaminationA theme 15 companies write about · 15 as a headwind · 1 as a tailwind

Kyosan Electric Manufacturing moved to the "Worse" side of this theme in 2019, 1 year after the typical company in this theme (2018).

The whole theme swung hardest in 2022: 3 of 11 companies on the "Worse" side.

2 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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. FY2022Remediation-related expense recognizedAnnual report

    「This represents the expenditures for remediating soil contamination at the head office and Tsurumi Plant.」

    Following the reversal of the provision due to the cancellation of the remediation plan, ¥13 million in environmental remediation expenses related to soil contamination was recognized during the consolidated fiscal year.
  2. FY2021MitigatedAnnual report

    「During the consolidated fiscal year, the estimated expenditures were reversed following the cancellation of the soil contamination remediation plan for the head office and Tsurumi Plant.」

    Following the cancellation of the soil contamination remediation plan, the ¥346 million environmental remediation provision recognized in the previous fiscal year was reversed. The disclosure describes a decrease in expected expenditures, not completion of the remediation.
  3. FY2020WorsenedAnnual report

    「This represents the estimated expenditures for remediating soil contamination at the head office and Tsurumi Plant.」

    The expense associated with the environmental remediation provision for soil contamination increased from ¥100 million in the previous fiscal year to ¥346 million.
  4. FY2019MaterialisedAnnual report

    「This represents the estimated expenditures for remediating soil contamination at the head office and Tsurumi Plant.」

    An environmental remediation provision of ¥100 million was recognized for soil contamination at the head office and Tsurumi Plant.
Moved together

"Business structure reform integrating technology, quality, costs and sales" moved the same way as this thread, in the same document, in 3 of its 4 moves.

32★12
  1. ★This thread
  2. 1Business structure reform integrating technology, quality, costs and sales3×
  3. 2Achieving the Targets of the 3-year Medium-Term Business Plan and Strengthening the Business Foundation2×

★ 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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Soil Contamination Remediation Costs at the Head Office and Tsurumi Plant | Kyosan Electric Manufacturing Co.,Ltd. (6742) | Komori