Daiwa (8247) · FactEnvironmental measures provision balance reduced to zero
Recognition of a Provision for Environmental Remediation Related to PCB Waste Disposal
First written in FY2020. . Latest entry: FY2023-Q2.
3entries
3years
0from disclosures
How it moved
Same theme, other companies
Changes in estimates for a provision for environmental measures associated with processing PCB-containing equipmentA theme 14 companies write about · 14 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2017: 2 of 7 companies on the "Worse" side.
1 other company's 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.
Full recordFilings, disclosures and news, newest first
- FY2023-Q2Environmental measures provision balance reduced to zeroAnnual report
「Change in the environmental measures provision (△ indicates a decrease) △ 75,607」
The environmental measures provision decreased from ¥75.607 million at the end of the previous consolidated fiscal year to zero on the balance sheet at the end of the current second quarter. The text itself does not confirm that PCB waste disposal has been completed. - FY2022-Q2Reversal of the environmental measures provisionAnnual report
「Reversal of environmental measures provision 65,874」
The company reversed ¥65.874 million of the environmental measures provision, reducing the environmental measures provision on the balance sheet from ¥230 million to ¥117.425 million. The source text does not confirm that PCB waste disposal has been completed. - FY2020First statedAnnual report
「The company recognised an environmental measures provision expense of ¥230 million for the disposal costs of PCB (polychlorinated biphenyl) waste, as well as a loss on retirement of fixed assets of ¥256 million related to refurbishment work and other projects, as extraordinary losses.」
The company recognised an environmental measures provision of ¥230 million for PCB waste disposal costs, disclosing a specific accounting burden related to its longstanding environmental policy.