Product Recall and Product Liability Risks Arising from Food Safety Incidents
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 13 of 35 companies on the "Worse" side.
49 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「To mitigate this risk, the group has established a preventive system based on a company-wide quality assurance system incorporating HACCP, through thorough implementation of various quality-related manuals, and maintains a comprehensive framework for food safety and security. It has also established a system capable of tracing causes in the event of a problem.」
The company continues its response to food-related incidents through HACCP, quality-related manuals, cause tracing, response manuals and product liability insurance. - FY2023RestatedAnnual report
「To mitigate this risk, the group has established a preventive system based on a company-wide quality assurance system incorporating HACCP, through thorough implementation of various quality-related manuals, and maintains a comprehensive framework for food safety and security. It has also established a system capable of tracing causes in the event of a problem.」
The company continues prevention and incident response measures for food-related incidents through HACCP, quality-related manuals, cause tracing, response manuals and product liability insurance. - FY2022RestatedAnnual report
「To mitigate this risk, under its company-wide quality assurance system incorporating HACCP, the company has established a preventive system through thorough implementation of various quality-related manuals and maintains a comprehensive framework for food safety and security. It has also established a system capable of tracing causes in the event of a problem. In addition, it has prepared response manuals for use when problems occur and obtained product liability insurance in case losses arise.」
The company is reaffirming its response to food-related incidents through HACCP, quality manuals, cause tracing, response manuals for incidents and product liability insurance. - FY2021MitigatedAnnual report
「Based on a company-wide quality assurance system incorporating HACCP, the company has established a preventive system through thorough implementation of various quality-related manuals and maintains a comprehensive framework for food safety and security. It has also established a system capable of tracing causes in the event of a problem.」
The company describes prevention and incident response measures for food-related incidents combining HACCP, quality manuals, a cause-tracing system, response manuals and product liability insurance. - FY2020MitigatedAnnual report
「To mitigate this risk, under its company-wide quality assurance system, the company has established a preventive system through thorough implementation of various quality-related manuals and maintains a comprehensive framework for food safety and security. It has also prepared response manuals to minimize losses in the event of an incident and obtained product liability insurance.」
The company identifies a preventive system, response manuals and product liability insurance as measures addressing food-incident risks. - FY2018First statedAnnual report
「However, if large-scale product recalls or product liability claims arise due to unexpected product defects, the use or contamination of purchased raw materials with inappropriate substances, or other causes, this could affect the company's operating results and financial position.」
The company identifies large-scale product recalls and product liability arising from product defects or contamination of raw materials with inappropriate substances as risks that could affect operating results and financial position.