Environmental Accounting
We carry out environmental accounting on a consolidated basis, including Citizen Holdings Co., Ltd. and group companies functioning as major production or sales bases. Economic benefits are calculated on the basis of actual monetary benefits and do not take into account benefits resulting from risk avoidance. Total investment for the period under review came to ¥5.072 billion, with research and development costs totaling ¥9,099 billion.
All data has been compiled with reference to environmental accounting guidelines published by the Ministry of the Environment (2005 edition).
Environmental preservation costs (unit: million yen)
| Category | Major Initiatives | Investment | Costs | |
|---|---|---|---|---|
| Business areas costs | 713 | 763 | ||
| Breakdown | 1) Pollution prevention | Prevention of air, water and sound pollution | 370 | 400 |
| 2) Environmental preservation costs | Energy conservation | 315 | 108 | |
| 3) Resource circulation | Waste reduction and recycling, effective water usage | 28 | 255 | |
| Upstream/down stream costs | Recycling containers and packaging, Eco Mark certification | 0 | 16 | |
| Administration costs | Environmental education, environmental management systems, tree planting and environmental improvement activities on company premises | 5 | 930 | |
| R&D costs | LED lighting, solar-powered watches, basic watch technology | 97 | 472 | |
| Social activity costs | Social contribution activities | 0 | 5 | |
| Environmental remediation costs | Air pollution charges | 0 | 1 | |
| Total | 815 | 2,187 | ||
Benefits of environmental preservation
| Quantitative benefits of environmental preservation activities | ||||||
|---|---|---|---|---|---|---|
| Benefits | Indicators showing benefits of environmental preservation | |||||
| Indicator | Units | FY2009 | FY2010 | Change | ||
| (1) Benefits of business area costs | [1] Benefits of resources invested in business activities | Energy | GJ | 2,098,796 | 2,358,062 | 259,266 |
| Water | km³ | 1,589 | 1,676 | 87 | ||
| Chemical substances | t | 520 | 574 | 53 | ||
| [2] Benefits relating to environmental impact and waste resulting from business activities | CO2 emissions (energy-derived) | t-CO2 | 83,779 | 94,198 | 10,419 | |
| Water drainage | km³ | 1,291 | 1,343 | 52 | ||
| Total waste | t | 5,370 | 6,967 | 1,597 | ||
| Waste recycled | t | 5,296 | 6,882 | 1,586 | ||
| (2) Benefits of upstream/ downstream costs | [3] Benefits relating to goods and services resulting from business activities | Plastic containers and packaging | t | 475 | 331 | ▲144 |
| Paper containers and packaging | t | 179 | 287 | 108 | ||
Actual Economic Benifit Associated with Environmental Preservation Activities (Millions of yen)
| Benifit Amount | Amount | |
|---|---|---|
| Revenue | Operating revenue from the sale of valuable resources resulting from business activities | 390 |
| Cost Reduction | Reduction in energy consumption as a result of energy saving activities | 99 |
| Reduction in water usage costs and Water drainage processing costs as a result of resource conservation activities | 33 | |
| Reduction in waste disposal costs as a result of resource conservation and recycling activities | 65 | |
| Other reductions | 97 | |
| Total | 684 | |
Environmental Efficiency index
* "Environmental impact" refers to energy-derived CO2 emissions affecting environmental preservation
Scope of Environmental Accounting
<Domestic companies>
18 companies: CITIZEN HOLDINGS, CITIZEN BUSINESS EXPERT, CITIZEN WATCH, CITIZEN MICRO, CITIZEN SYSTEMS JAPAN, CITIZEN SEIMITSU, CITIZEN TIC, CITIZEN ELECTRONICS, CITIZEN TOHOKU, CITIZEN FINETECH MIYOTA, CITIZEN PLAZA, CITIZEN HEIWA WATCH, CITIZEN MACHINERY, CITIZEN WATCH KAGOSHIMA, CITIZEN ELECTRONICS FUNEHIKI, CITIZEN PRECISION HACHINOHE, CITIZEN YUBARI, CITIZEN LOGISTICS SERVICE
<Reporting Period>
April 1, 2010 to March 31, 2011
