Environmental Accounting

CTIZEN Group assess the effectiveness of its environmentalmanagement activities through quantitative understanding of costs and effects of its environmental conservation.

We aggregatea consolidated environmental accounting including CITIZEN WATCH and other main manufacturing group companies. Only real effects are recorded with the accounting approach on economic effects, but risk aversion effects and so called deemed effects are not recorded. The total amount of investment, during the corresponding period, is 18,914 Mil JPY, and the total amount of R&D is 8,545 Mil JPY. As to the guideline, we referred to The Japanese Ministry of the Environment’s Environmental Accounting Guidelines 2005.

Aggregation period: April 1, 2016 – March 31, 2017
Coverage:
CITIZEN WATCH/CITIZEN MACHINERY / CITIZEN ELECTRONICS / CITIZEN SYSTEMS JAPAN /CITIZEN FINEDEVICE / CITIZEN WATCH MANUFACTURING / CITIZEN PLAZA /CITIZEN T.I.C. / CITIZEN CHIBA PRECISION / CITIZEN WATCH KAGOSHIMA / CITIZEN YUBARI / CITIZEN MICRO / CITIZEN ELECTRONICS FUNEHIKI / FUJIMI / CITIZEN ELECTRONICS TIMEL/ MIYANO SERVICE ENGINEERING /KUNOHE SEIMITSU / CITIZEN WATCH MYOKO / AIKAWA SEIMITSU / KITAKAMI JEWELRY

For the result of the Environmental Accounting, please see the“FY2016 CITIZEN GROUP CSR DATA LIST.”