Environmental accounting

In order to facilitate the aggregation of environmental accounting for the entire KITZ Group and ensure accuracy, the KITZ Group established an environmental accounting system within the environment, health, and safety information system, which is being operated by the Group.

Concept of environmental accounting

The KITZ Group introduced environmental accounting in order to achieve sustainable development, maintain a good relationship with society, and effectively and efficiently promote environmental conservation efforts. The KITZ Group Environmental Accounting System Manual was compiled in 2005. The Manual is designed to standardize the understanding of the accounting and to compare the environmental accounting information of all Group companies.

Environmental conservation costs

Environmental conservation costs
Category Main actions Capital investment
(Thousand yen)
Expenditures
(Thousand yen)
Costs in the business area 183,596 577,807
Breakdown Pollution control Introduction and maintenance of pollution prevention facilities and equipment 46,732 134,564
Global environment protection Introduction of energy-saving facilities and equipment 77,822 149,724
Resource circulation Reduction, recycling,
and outsourcing of waste disposal
59,041 293,519
Cost for recycling green
purchasing products
Cost for collection and recycling of used goods 0 10,392
Administrative duties ISO, environmental measurement, and disclosure of environmental information 4,780 72,814
Research and development Development of lead-free and other environmentally friendly products 0 42,715
Social activities Promotion of greening activities 0 394
Costs to address environmental damage Purification of underground water 0 0
Other costs 0 0
Total 188,376 704,122
Items Ratio Total cost
(Thousand yen)
Total investment in facilities during the specified period Ratio of investment for environmental conservation: 5.3% 3,521,143
Total costs of R&D during the specified period Ratio of development costs for environmental conservation: 1.4% 3,001,580

*Scope of compilation is KITZ Corporation (head office, Nagasaka, Ina, and Chino plants), KITZ Metal Works Corporation, KITZ Micro Filter Corporation, KITZ SCT Corporation, KITZ SGS Corporation, KITZ Engineering Service Co., Ltd., Hotel Beniya Co,Ltd., and Hokutoh Giken Kogyo Corporation.

Environmental conservation effects

Environmental conservation effects
Category of environmental
conservation effect
Environmental performance indicators
(Unit)
Results in
FY 2023
Results in
FY 2024
Difference
(Environmental
conservation effects)
Environmental conservation effect related to the resources used in business activities Total consumed energies (GJ) 471,168 496,115 24,947
Consumed PRTR materials (t) 2,987 3,029 42
Consumed clean water(m3 151,431 151,882 451
Consumed underground water(m3 65,025 116,332 51,307
Environmental conservation effect related to the environmental impact and waste generated from business activities Greenhouse gas emission (t-CO₂) 9,284 6,964 △2,320
Released or transferred chemicals (t) 216 204 △13
Total released domestic and industrial waste (t) 6,523 6,340 △183

*Scope of compilation is KITZ Corporation (head office, Nagasaka, Ina, and Chino plants), KITZ Metal Works Corporation, KITZ Micro Filter Corporation, KITZ SCT Corporation, KITZ SGS Corporation, KITZ Engineering Service Co., Ltd., Hotel Beniya Co,Ltd., and Hokutoh Giken Kogyo Corporation.

Economic effects of environmental conservation activities

Economic effects of environmental conservation activities (Financial gain)
Details of effects Amount
(Thousand yen)
Profit Earned from recycling waste and used products for the main business activities 249,567
Saved cost Reduction of energy costs through energy savings 31,610
Saved by recycling 238,087
Saved by waste reduction 5,673
Total 524,937

*Scope of compilation is KITZ Corporation (head office, Nagasaka, Ina, and Chino plants), KITZ Metal Works Corporation, KITZ Micro Filter Corporation, KITZ SCT Corporation, KITZ SGS Corporation, KITZ Engineering Service Co., Ltd., Hotel Beniya Co,Ltd., and Hokutoh Giken Kogyo Corporation.

Fundamental and important information in environmental accounting

Scope of reporting

KITZ Corporation (head office, Nagasaka, Ina, and Chino plants), KITZ SCT Corporation (Nitta SC), KITZ Micro Filter Corporation (Chino plant, Suwa plant), KITZ Metal Works Corporation (head plant), KITZ SGS Corporation (Hikone plant), KITZ Engineering Service Co., Ltd., Hotel Beniya Co,Ltd., and Hokutoh Giken Kogyo Corporation.

Target period

January 1, 2024, to December 31, 2024

Referenced guidelines

The Ministry of the Environment, Environmental Accounting Guidebook (2005 Edition)

Calculation standards for environmental conservation costs

(1) Depreciation method: Calculated using straight-line depreciation for five years and included in the expenditures.
(2) Personnel expenses: Includes expenses related to equipment maintenance, environmental safety management, and environmental education.
(3) Research and development expenses: Includes expenses related to environmental development themes as defined in the Guidelines for Evaluation of Environmental Impact Reduction Associated with Technology Development.

Calculation standards of environmental conservation effects

Calculated as below.
Environmental impact of the current financial year less the previous year’s

Calculation standards of economic effects

(1) Profit: the actual value
(2) Saved cost
– The amount of energy and cost saved by waste reduction are calculated as follows.
Financial gain = {(previous financial year’s environmental impact / previous financial year’s basic unit standard) x current financial year’s basic unit standard – current financial year’s environmental impact} x previous financial year’s unit price
– Reductions in costs associated with recycling are calculated based on the actual intra-group transactions.

Amount

Rounded to the nearest thousand yen

Quantity

The decimal part is rounded off

Contact us

For inquiries about product technology, product purchases,
catalogs, and quality