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Nireco (6863) · RiskMaterialised

Asset Retirement Obligations Following the Identification of Asbestos at the Hachioji Facility

First written in FY2024. 1 of 1 entries say "Materialised", first in FY2024. Latest entry: FY2024.

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Same theme, other companies
Asset Retirement Obligations Arising from the Removal of Hazardous Substances such as PCBs and AsbestosA theme 25 companies write about · 23 as a headwind · 1 as a tailwind

Nireco moved to the "Worse" side of this theme in 2024.

The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.

1 other company's latest entry also says "Materialised".

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 25 companies compared. The sentences above are computed from all 25.
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  1. FY2024MaterialisedAnnual report

    「During the consolidated fiscal year, the company revised its estimate of the asset retirement obligations relating to the cost of removing asbestos contained in the operating assets of the company and its consolidated subsidiaries, based on the findings of a specialist analytical institution obtained after the company identified the possibility of asbestos at its Hachioji facility. The ¥56.710 million increase resulting from this change in estimate was recognized under asset retirement obligations in non-current liabilities.」

    Following the investigation at the Hachioji facility, the company recognized ¥56.710 million in asset retirement obligations relating to asbestos removal costs, bringing the associated risk onto the balance sheet as a liability.
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Asset Retirement Obligations Following the Identification of Asbestos at the Hachioji Facility | NIRECO CORPORATION (6863) | Komori