Risk of Defects and Accidents Involving Welfare Equipment Provided on Loan
First written in FY2016. 17 of 20 entries say "Restated". Latest entry: FY2027-H1.
126 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2024RestatedAnnual report
「Some of the assistive products rented or sold by the Company are original products developed by the Company. The Company maintains product liability insurance (PL insurance) against unforeseen events, but this does not guarantee that the insurance will fully cover the amount of compensation ultimately borne by the Company.」
The disclosure continues to describe the risks of defects and accidents involving assistive products, including original products, the possibility that PL insurance may not fully cover compensation payments, and recall costs. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2023-Q3RestatedAnnual report
「During the nine-month period of the third quarter, there were no new business or other risks, or significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2021-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2020WorsenedAnnual report
「Many users of assistive products rented or sold by the Company to operators are elderly people certified as requiring long-term care. If a defect occurs in an assistive product, it could lead to a serious accident. Some of the assistive products rented or sold by the Company are original products developed by the Company. The Company maintains product liability insurance (PL insurance) against unforeseen events, but this does not guarantee that the insurance will fully cover the amount of compensation ultimately borne by the Company. If a product defect occurs or a large-scale recall is required, the Company could incur substantial compensation payments and product recovery costs, as well as suffer significant damage to its credibility. Such circumstances could affect the Group's operating results and financial position.」
The scope of the defects and accident risk is explicitly expanded to include original products, and the disclosure specifies the possibility that PL insurance may not fully cover compensation payments, as well as the risks of large-scale recalls and recovery costs. - FY2020-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business risks and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2019RestatedAnnual report
「The major assistive-product manufacturers and the Company maintain product liability insurance (PL insurance). However, if an accident were to occur and the Company were held responsible for its management, this could affect the Company's results.」
The disclosure continues to describe the risk of defects and accidents involving assistive products and the response of maintaining PL insurance. - FY2019-Q3RestatedAnnual report
「During the nine-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2019-Q2RestatedAnnual report
「During the six-month period of the current consolidated fiscal year, there were no new business or other risks, nor any significant changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2018RestatedAnnual report
「The major assistive-product manufacturers and the Company maintain product liability insurance (PL insurance). However, if an accident were to occur and the Company were held responsible for its management, this could affect the Company's results.」
The disclosure continues to describe the risk of defects and accidents involving assistive products and the response of maintaining PL insurance by the major manufacturers and the Company. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2017MitigatedAnnual report
「The major assistive-product manufacturers and the Company maintain product liability insurance (PL insurance). However, if an accident were to occur and the Company were held responsible for its management, this could affect the Company's results.」
As a measure addressing the risk of defects and accidents, the disclosure specifies that the major manufacturers and the Company maintain PL insurance. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second quarter of the current consolidated fiscal year, and there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2017-Q1RestatedAnnual report
「During the three-month period ended June 30, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
No material changes are reported in the risk of defects and accidents involving rental assistive products. - FY2016First statedAnnual report
「Many users of assistive products rented by the Company to operators are elderly people certified as requiring long-term care. If a defect occurs in one of the Company's assistive products, it could lead to a serious accident.」
Given the characteristics of the users, the disclosure identifies the possibility that defects in assistive products could lead to serious accidents as a risk.