Loss of trust and deteriorating business performance due to contamination with unsuitable ingredients
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2017: 3 of 14 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The company requires all ingredients to undergo quality-content checks, inspections and regular reporting in accordance with the group's standards. However, if inappropriate ingredients were to enter the supply chain, the group's social credibility could be damaged, adversely affecting its business performance and financial condition.」
While continuing quality checks, inspections and periodic reporting on ingredients, the company continues to disclose the risk that inappropriate ingredients could damage its reputation and performance. - FY2019RestatedAnnual report
「The group regards ingredient quality management as its highest priority and works to enhance traceability, meaning production histories, and diversify and expand its sourcing locations. It requires all ingredients to undergo quality-content checks, inspections and regular reporting in accordance with the group's standards. However, if inappropriate ingredients were to enter the supply chain, the group's social credibility could be damaged, adversely affecting its business performance and financial condition.」
While continuing traceability, diversification and expansion of sourcing regions, and quality checks, inspections and reporting, the company continues to disclose the risk of inappropriate ingredients being mixed in. - FY2017RestatedAnnual report
「The group regards ingredient quality management as its highest priority and works to enhance traceability, meaning production histories, and diversify and expand its sourcing locations. It requires all ingredients to undergo quality-content checks, inspections and regular reporting in accordance with the group's standards. However, if inappropriate ingredients were to enter the supply chain, the group's social credibility could be damaged, adversely affecting its business performance and financial condition.」
The risk of inappropriate ingredients being mixed in continues to be disclosed, with traceability and the diversification and expansion of sourcing regions identified as quality-control measures. - FY2016First statedAnnual report
「The company requires all ingredients to undergo quality-content checks, inspections and regular reporting in accordance with the group's standards. However, if inappropriate ingredients were to enter the supply chain, the group's social credibility could be damaged, adversely affecting its business performance and financial condition.」
While conducting ingredient checks, inspections and regular reporting, the company identifies the inclusion of inappropriate ingredients as a risk to its reputation and business performance.