Food Safety Risk
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2023.
NH Foods moved to the "Worse" side of this theme in 2023, 2 years before the typical company in this theme (2025).
The whole theme swung hardest in 2025: 3 of 15 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2023ReframedAnnual report
「The Group handles a broad range of food products, including meat and processed meat products, dairy products and seafood products. Product quality or safety may be compromised by foreign-matter contamination or inappropriate labeling, and the Group may incur recall costs or damages, face restrictions on its business activities, or otherwise be affected due to failure to comply with the Food Sanitation Act and other relevant laws and regulations. These events may affect the Group's performance and financial position.」
The company reorganized its existing food safety risks into risk categories including product quality incidents, health hazards, labeling, inappropriate compliance with laws and regulations, recalls and damages. Revised quality policies, third-party certification, inspections and audits are cited as countermeasures. - FY2022RestatedAnnual report
「To prevent and mitigate these risks as far as possible, the Group has established 5 quality-policy principles: compliance with laws and regulations, a quality assurance network, objective evaluation, record management, and connections with customers. It is promoting "OPEN Quality," meaning open food production.」
The company continues to implement measures addressing food safety risks, including OPEN Quality, third-party certification, allergen management, traceability and food defense. - FY2019RestatedAnnual report
「However, if events beyond the Group's control occur, or if broad social issues that threaten food safety arise, the Group's performance and financial position may be affected.」
The company continues to explain that food safety risks remain, while citing OPEN Quality, external certification, traceability and food defense, among other measures. - FY2018RestatedAnnual report
「However, if events beyond the Group's control occur, or if broad social issues that threaten food safety arise, the Group's performance and financial position may be affected.」
The company continues to explain that food safety risks remain, while citing quality assurance, external certification, traceability and food defense, among other measures. - FY2017RestatedAnnual report
「However, if events beyond the Group's control occur, or if broad social issues that threaten food safety arise, the Group's performance and financial position may be affected.」
The company continues to explain that food safety risks remain, while citing ISO and HACCP, traceability, food defense, information disclosure and measures to prevent the spread of incidents. - FY2016First statedAnnual report
「However, if events beyond the Group's control occur, or if broad social issues that threaten food safety arise, the Group's performance and financial position may be affected.」
The disclosure identifies ISO and HACCP, raw material traceability, food defense, information disclosure and measures to prevent the spread of incidents as countermeasures.