KOKUSAI ELECTRIC practices environmental accounting in accordance with the Ministry of the Environment’s Environmental Accounting Guidelines 2005. Environmental conservation costs consist mainly of business site area costs to reduce the environmental impacts of business activities and management activity costs to indirectly contribute to reducing environmental impacts resulting from business activities.
Environmental conservation costs have increased overall compared to last year: business site area costs have risen due to an increase in equipment maintenance costs and other expenses, management activity costs have risen due to an increase in environmental management system costs and other expenses, and R&D costs have risen due to new R&D expenses for research maintenance products. Investment in environmental conservation has increased considerably due to factors such as upgrading air conditioners to save energy and installing new solar panels to curb global warming. Environmental conservation effects were slightly higher than last year due to profits on sales from recycling and reducing costs thanks to energy-efficient capital investment. We are working to improve ROI in light of these results.
Applicable period: April 1, 2021 - March 31, 2022
Scope of calculation: KOKUSAI ELECTRIC CORPORATION
Environmental Conservation Costs
Expenses (in ¥1 million)
| Category | Fiscal year | Description | ||
|---|---|---|---|---|
| 2019 | 2020 | 2021 | ||
| Business site area costs | 332.8 | 372.2 | 393.5 | Maintenance costs and depreciation expenses for equipment with reduced environmental impact, etc. |
| Up/downstream costs | 0.0 | 0.0 | 0.0 | Green procurement and recycling expenses |
| Management activity costs | 39.5 | 44.3 | 48.9 | Environmental management labor costs and environmental management system costs |
| R&D costs | 0.0 | 0.0 | 15.6 | R&D and product design costs to mitigate the environmental impacts of products and manufacturing processes |
| Social activity costs | 0.0 | 0.0 | 0.1 | Environmental improvements such as greening and beautification, and public and media relations costs |
| Environmental damage costs | 0.0 | 0.0 | 0.0 | Environmental measures and donation surcharges |
| Total | 372.3 | 416.6 | 458.1 | － |
Investments (in ¥1 million)
| Category | Fiscal year | Description | ||
|---|---|---|---|---|
| 2019 | 2020 | 2021 | ||
| Investments in environmental conservation | 77.6 | 58.4 | 255.1 | Investments in equipment to directly mitigate environmental impacts, such as energy-efficient equipment |
Environmental Conservation Effects
Economic impact (in ¥1 million)
| Category | Fiscal year | Description | ||
|---|---|---|---|---|
| 2019 | 2020 | 2021 | ||
| Net income | 13.5 | 20.9 | 17.5 | Profit on sales from waste recycling, etc. |
| Cost reduction | 1.7 | 7.4 | 11.8 | Reduction of costs from energy-efficient equipment, etc. |
| Total | 15.2 | 28.3 | 29.3 | － |
