Synthesis of Environment, Risk, Function, and Cost in Profit Design

  • Akira Nishimura


This chapter, with profit design as axis, synthesizes important aspects of present management and management accounting which have been examined in the previous chapters—environment problem, supply chain management, risk management, and life cycle costing—before moving on to subject of Chinese business management and risk management, which is different from the subjects discussed so far and which are related to capitalist market economy in reference with advanced practices in some Japanese manufacturing companies. Concretely, the chapter makes clear the relationship between risk/environment management and profit design based on COLC model. This synthesis shows us the way to further development of management and management accounting to recognize and control more intricate uncertainty in the future. This chapter summarizes the main topics discussed so far in the previous nine chapters.


Cost design Profit design COLC model 


  1. Japan Environmental Management Association for Industry. (2014). IIB Environmental Management Accounting. Text in Environmental Management Practical Course.
  2. Konno, J., Yashima, K., & Mizunaga, K. (2008). Environmental Improvement Activities in Semiconductor Factories. FUJITSU, 52(2), 185–189.Google Scholar
  3. Ministry of the Environment. (1998). Law Concerning the Promotion of the Measures to Cope with Global Warming.
  4. NEC (2017). Annual Environmental Report. Nippon Electronic Corporation.; Environment Accounting:
  5. Panasonic Corporation (2017). Sustanability Data Book 2017.
  6. Sharp Corporation (2011). Environmental and Social Report.
  7. Yagi, K., Araki, H., & Akiyma, K. (2009, September). Support Systems for Front Loading of Target Cost Management. Panasonic Works’ Technical Report, 57 (3), 76-82.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Akira Nishimura
    • 1
  1. 1.Beppu UniversityBeppu-cityJapan

Personalised recommendations