Komori
Morinaga Milk Industry (2264) · RiskRestated

Risk of adverse impact on business performance from product accidents and large-scale recalls

First written in FY2016. 16 of 17 entries say "Restated". Latest entry: FY2022.

17entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY20222016: 320162017: 420172018: 420182019: 220192020: 220202021: 120212022: 12022
Same theme, other companies
Risk of product recalls and regulatory action due to serious quality issuesA theme 91 companies write about · 92 as a headwind · 0 as a tailwind

The whole theme swung hardest in 2025: 13 of 35 companies on the "Worse" side.

49 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 91 companies compared. The sentences above are computed from all 91.
Full recordFilings, disclosures and news, newest first
  1. FY2022RestatedAnnual report

    「If an unforeseen product accident leading to a large-scale recall or product liability claims were to occur, the Group’s operating results and financial position could be affected.」

    Continues to address the risks of product accidents and large-scale recalls through quality policies covering the entire supply chain.
  2. FY2021-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that management recognizes could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  3. FY2020RestatedAnnual report

    「If an unforeseen product accident leading to a large-scale recall or product liability claims were to occur, the Group’s operating results and financial position could be affected.」

    Continues to identify the risks of product accidents and large-scale recalls and reports quality policies covering the entire supply chain as a response measure.
  4. FY2020-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  5. FY2020-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  6. FY2019-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  7. FY2019-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  8. FY2019-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  9. FY2018RestatedAnnual report

    「The occurrence of an unforeseen product accident that leads to a large-scale recall or product liability claims could materially affect the Group’s operating results and financial position.」

    While applying its own quality control standards, continues to explicitly identify the risks of product accidents and large-scale recalls.
  10. FY2018-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  11. FY2018-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  12. FY2018-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  13. FY2017RestatedAnnual report

    「The occurrence of an unforeseen product accident that leads to a large-scale recall or product liability claims could materially affect the Group’s operating results and financial position.」

    While applying its own quality control standards, continues to explicitly identify the risks of product accidents and large-scale recalls.
  14. FY2017-Q3RestatedAnnual report

    「During the third quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    States that there have been no material changes or newly arising risks relating to the risk of an impact on operating results from product accidents and large-scale recalls.
  15. FY2017-Q2RestatedAnnual report

    「During the second quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    Treats the risk of an impact on operating results from product accidents and large-scale recalls as having undergone no material changes.
  16. FY2017-Q1RestatedAnnual report

    「During the first quarter cumulative consolidated period, there were no significant changes to, or newly emerging, risks that could affect the group’s operating performance, financial position or other matters.」

    Treats the risk of product accidents and large-scale recalls as having undergone no material changes.
  17. FY2016First statedAnnual report

    「The occurrence of an unforeseen product accident that leads to a large-scale recall or product liability claims could materially affect the Group’s operating results and financial position.」

    While applying its own quality control standards, explicitly identifies the potential impact of product accidents as a risk.
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