Transition of Environmental Accounting in 2007
Olympus conducts environmental accounting as a way of obtaining quantitative data on environmental preservation costs and related effects.
In FY2007, there were significant increases in environmental protection costs resulting from the replacement of air-conditioning and lighting systems to reduce energy consumption, and in research and development costs relating to the acceleration of efforts to bring more Olympus Eco-Products to market in Japan and overseas. Upstream costs were also substantially higher because of requirements under product-related environmental laws and regulations.
Environmental accounting in FY2007 (Non-consolidated)
Unit=million yen
| Grouping | Major Programs | Amount of Capital Investment(compared to the previous year) | Cost (compared to the previous year) | Total | |||||
| FY2005 | FY2006 | FY2007 | FY2005 | FY2006 | FY2007 | FY2007 | |||
| Costs Inside Business Area | Prevention cost of public nuisance | Renewal and repair of pollution equipment | 118.5 | 42.1 | 7.5 | 133.6 | 120.8 | 106.3 | 113.8 |
| Global Environmental Conservation Cost | Measures to prevent global warming for new Mishima Plant | 14.2 | 184.9 | 411.2 | 97.9 | 88.6 | 23.5 | 434.7 | |
| Resource circulation cost | Effective use of resources; Disposal waste; Recycling |
3.0 | 0.0 | 0.0 | 160.7 | 358.1 | 193.8 | 193.8 | |
| In Upstream & Downstream Costs |
In Upstream Costs | Green procurement; Green purchasing |
0.0 | 0.0 | 0.0 | 144.4 | 260.7 | 359.7 | 359.7 |
| In Downstream Costs | Product recovery; Optimization of Packaging | 0.1 | 0.1 | 0.1 | 0.9 | 0.1 | 0.0 | 0.1 | |
| Environmental Management Activity Costs | For ISO management and operation; Environmental Communication | 26.0 | 132.0 | 0.0 | 160.7 | 150.3 | 260.9 | 260.9 | |
| R&D Costs | Creation of Olympus Eco-products Development |
0.0 | 0.0 | 0.0 | 116.5 | 294.2 | 527.6 | 527.6 | |
| Costs of Social Activities | Contribution to society and regional areas | 0.0 | 0.0 | 0.0 | 4.3 | 5.3 | 13.1 | 13.1 | |
| Costs for Damaged Environment | For soil investigation and remediation at the former Sakaki Branch | 0.0 | 62.6 | 0.0 | 0.0 | 0.0 | 8.3 | 8.3 | |
| Total | 161.8 | 421.7 | 418.8 | 818.9 | 1,278.1 | 1,493.3 | 1,912.1 | ||
Environmental accounting in FY2007 (Consolidated)
Unit=million yen
| Grouping | Major Programs | Amount of Capital Investment(compared to the previous year) | Cost (compared to the previous year) | Total | |||||
| FY2005 | FY2006 | FY2007 | FY2005 | FY2006 | FY2007 | FY2007 | |||
| Costs Inside Business Area | Prevention cost of public nuisance | Renewal and repair of pollution equipment | 118.5 | 42.1 | 56.5 | 714.1 | 162.7 | 143.2 | 199.7 |
| Global Environmental Conservation Cost | Measures to prevent global warming for new Mishima Plant | 14.2 | 184.9 | 425.8 | 111.7 | 93.9 | 85.5 | 511.4 | |
| Resource circulation cost | Effective use of resources; Disposal waste; Recycling |
3.0 | 0.0 | 0.0 | 6056.9 | 489.0 | 294.5 | 294.5 | |
| In Upstream & Downstream Costs |
In Upstream Costs | Green procurement; Green purchasing |
0.0 | 77.6 | 0.0 | 246.4 | 505.7 | 577.7 | 577.7 |
| In Downstream Costs | Product recovery; Optimization of Packaging |
0.1 | 0.1 | 0.1 | 4.5 | 4.9 | 0.9 | 1.0 | |
| Environmental Management Activity Costs | For ISO management and operation; Environmental Communication | 26.4 | 147.3 | 0.0 | 802.7 | 328.8 | 387.4 | 387.4 | |
| R&D Costs | Creation of Olympus Eco-products Development |
0.0 | 3.0 | 0.0 | 172.1 | 367.3 | 558.6 | 558.6 | |
| Costs of Social Activities | Contribution to society and regional areas | 0.2 | 0.0 | 0.0 | 5.4 | 5.7 | 13.3 | 13.3 | |
| Costs for Damaged Environment | For soil investigation and remediation at the former Sakaki Branch | 0.0 | 62.6 | 0.0 | 0.0 | 0.0 | 8.3 | 8.3 | |
| Total | 184.6 | 601.8 | 482.4 | 8113.8 | 1957.9 | 2069.5 | 2551.9 | ||
Period: April 1,2007 to March 31,2008
Targets of aggregation:Major targets in this report (Offices and plants in Japan and China)
1)Starting with the FY2004 environmental accounting, calculation is made with reference to the Environment Accounting Guidelines(FY2005).
2)The proportions of cost and depreciation expenses that cannot be clearly separated into those for environmental preservation and those for other purposes are not calculated, and their totals are not included for the purposes of environmental accounting.
3)Amount of capital investment by the Olympus Group during the period= 50,070 million yen R&D cost= 65,928million
