Environmental Accounting

Environmental Accounting for FY2022

(1) Environmental Conservation Costs
The Nisshinbo Group’s total investment amounted to 749 million yen, up 150% year on year. These are pollution prevention costs associated with the introduction of VOC processing equipment at Nisshinbo Saeron (Changshu) Automotive Co., Ltd. in the Automobile Brakes business, and research and development costs for new materials at Nisshinbo Brake Inc.

The Group’s total spending for the year came to 3,147 million yen, down 4% year on year. This increase is mainly related to research and development of sustainable products at Japan Radio Co., Ltd. and Nisshinbo Brake Inc.

(2) Environmental Conservation Effects
The Group's greenhouse gas emission reductions totaled 62,280 t-CO2, an increase of 220% over the previous year. Emissions were significantly reduced through the following measures: the Textiles business stopped using coal boilers for in-house power generation and switched to purchased power; the Automobile Brakes business switched to green power derived from solar, wind, and hydroelectric power generation for a portion of its electricity consumption; and the Textile business switched to green power derived from geothermal power generation for a portion of its electricity consumption.

(3) Economic effects of environmental protection measures
The Group’s economic effects of environmental protection measures totaled 516 million yen, up 47% year on year. This increase was due to an increase in sales of cotton waste following a recovery in production volume at Nisshinbo Do Brasil Industria Textil LTDA. in the Textiles business.

Category (1) Environmental Conservation Costs
Investment
(million yen)
YoY change (%) Costs
(million yen)
YoY change (%)
On-Site Pollution prevention costs 318 341% 515 63%
Environmental conservation costs 253 112% 245 -16%
Resource recycling costs 17 -63% 678 50%
Upstream/downstream costs 0 - 41 -91%
Management costs 3 907% 276 -31%
R&D costs 158 154% 1,262 -5%
Social activity costs 0 6 43%
Environmental remediation costs 0 2 ‐93%
Other costs 0 123 8044%
Total 749 150% 3,147 -4%
Category (2) Environmental Conservation Effects (3)Economic Effects from Environmental Conservation Measures
Greenhouse gas reduction
(t-CO2)
YoY change (%) Income
(million yen)
YoY change (%)
On-Site Pollution prevention effects 26 -24% 1 -97%
Environmental preservation effects 61,827 243% 179 233%
Resource recycling effects 251 -36% 330 20%
Upstream/downstream effects 177 -83% 7 -
Management effects 0 - 0 -
R&D effects 0 - 0 -
Social activity effects 0 - 0 -
Environmental remediation effects 0 - 0 -
Other effects 0 - 0 -
Total 62,280 220% 516 47%