Sustainability Disclosure Policy
Sustainability Disclosure Policy
The Nabtesco Group (hereinafter referred to as “Nabtesco”) systematically reports on its specific sustainability initiatives on its Sustainability Website (hereinafter referred to as “this site”).
In recent years, as interest in corporate non-financial information has grown further, it has been working to provide comprehensive and highly transparent disclosure by referring to various guidelines and appropriately responding to its stakeholders’ diverse needs.
In addition, Nabtesco issues a separate Integrated Report that consolidates financial and non-financial information of particular interest to its shareholders and investors.
Boundaries
- Nabtesco Corporation and its consolidated subsidiaries
Non-financial information described on this website covers activities conducted by Nabtesco Corporation and its consolidated subsidiaries. However, a portion of the non-financial data pertains only to Nabtesco Corporation.
Reporting period
In principle, Nabtesco reports its activities from January 1 to December 31 of the previous fiscal year. However, certain initiatives from prior periods and the most recent activities are also included.
Reference guidelines
- Sustainability Accounting Standards Board (SASB): SASB Standards
- Global Reporting Initiative (GRI): GRI Standards
- United Nations Global Compact: The Ten Principles
- International Integrated Reporting Council (IIRC): International Integrated Reporting Framework
- World Intellectual Capital/Assets Initiative (WICI): WICI Intangibles Reporting Framework
- Ministry of Economy, Trade and Industry (METI): Guidance for Integrated Corporate Disclosure and Dialogue for Value Creation
Third-party assurance
Each year, Nabtesco obtains third-party assurance for certain environmental and social data. For details, please see here.
Performance data
Nabtesco has changed the closing date of its fiscal year from March 31 to December 31 since FY2015. The consolidated results for FY2015 were calculated on a basis of 9 months (April - December 2015) for Nabtesco Corporation and the consolidated subsidiaries in Japan, and 12 months (January - December 2015) for the overseas consolidated subsidiaries.
Please note that to make year-on-year comparison of the “2016/12 Plan” and FY2015 results under the same conditions, the FY2015 results were calculated using “2015/12 (referential)” (on the basis of 12 months for Nabtesco Corporation and its consolidated subsidiaries in Japan and overseas). Moreover, Nabtesco started to adopt the International Financial Reporting Standards (IFRS) in FY2017. For comparison with FY2017, FY2016 results were presented on the IFRS basis.
Forward-looking statements
Any estimates on this website, including any statement about future performance and measures, are made based on management’s beliefs and assumptions in light of information available that is deemed reasonable at the time when such estimate was made. Actual results may therefore differ materially from the estimates shown on this website, depending on various important factors such as economic conditions in major markets in Japan and overseas and fluctuations in exchange rates.
