Product Disposal, Business Suspension, and Reputational Damage Due to Food Safety Issues
First written in FY2018. 7 of 10 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
55 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「However, if an event occurs in the future that undermines food safety beyond expectations, and regardless of whether it is directly attributable to the group’s products or merchandise handled by the group, reputational damage or hygiene issues such as food poisoning could result in product recalls, disposal, suspension of operations and claims for damages from victims. This could affect the group’s business results and financial position.」
The company continues to identify the risks of recalls and disposal, suspension of operations, claims for damages and reputational damage arising from food safety issues. - FY2025RestatedAnnual report
「The group positions food safety as a fundamental priority and has appointed a person responsible for product development and quality management within the company to address matters relating to quality management across the group. In addition, each subsidiary thoroughly implements hygiene and quality management based on hygiene management manuals.」
The company continues to respond to food safety risks through a group-wide quality management officer and hygiene management manuals at each group company. - FY2023RestatedAnnual report
「The group positions food safety as a fundamental priority and has appointed a person responsible for product development and quality management within the company to address matters relating to quality management across the group. In addition, each subsidiary thoroughly implements hygiene and quality management based on hygiene management manuals.」
The company continues to respond to food safety risks through a group-wide quality management officer and hygiene management manuals. - FY2021RestatedAnnual report
「The group positions food safety as a fundamental priority. It has established a Product Development and Quality Management Supervisory Division within the company to address matters relating to quality management across the group. In addition, each subsidiary thoroughly implements hygiene and quality management based on hygiene management manuals.」
As a response to food safety risks, the company continues to operate a group-wide quality management function and hygiene management manuals. - FY2020MitigatedAnnual report
「The group positions food safety as a fundamental priority. It has established a Product Development and Quality Management Supervisory Division within the company to address matters relating to quality management across the group. In addition, each subsidiary thoroughly implements hygiene and quality management based on hygiene management manuals.」
The company continues to respond to food safety risks through a group-wide quality management supervisory division and hygiene management manuals at each group company. - FY2019MitigatedAnnual report
「The group positions food safety as a fundamental priority. It has established a Product Development and Quality Management Supervisory Division within the company to address matters relating to quality management across the group. In addition, each subsidiary thoroughly implements hygiene and quality management based on hygiene management manuals.」
Although food safety risks remain, the company specifies its response through a group-wide quality management function and hygiene management manuals. - FY2019-Q3RestatedAnnual report
「In addition to growing public concern about food safety and security, many challenges have accumulated, including rising labor costs due to hiring difficulties and business succession issues resulting from the aging of business owners.」
The company reiterates growing social concern over food safety and security as an issue facing the food industry. - FY2019-Q2RestatedAnnual report
「In addition to growing public concern about food safety and security, many challenges have accumulated, including rising labor costs due to hiring difficulties and business succession issues resulting from the aging of business owners.」
The company reiterates growing social concern over food safety and security as an issue facing the food industry. - FY2019-Q1RestatedAnnual report
「In addition to growing public concern about food safety and security, many challenges have accumulated, including rising labor costs due to hiring difficulties and business succession issues resulting from the aging of business owners.」
The company again identifies growing social concern over food safety and security as an issue facing the food industry. - FY2018First statedAnnual report
「However, if an event occurs in the future that undermines food safety beyond expectations, and regardless of whether it is directly attributable to the group’s products or merchandise handled by the group, reputational damage or hygiene issues such as food poisoning could result in product disposal, suspension of operations and claims for damages from victims. This could affect the group’s business results and financial position.」
The company describes the possibility that food safety issues, reputational damage and food poisoning could affect its reputation, operations and liability for damages.