Declining Quality Evaluations Due to Product Problems and Food Contamination
First written in FY2016. 6 of 10 entries say "Restated". Latest entry: FY2024.
Ishii Food moved to the "Worse" side of this theme in 2017, the same year as the typical company in this theme.
The whole theme swung hardest in 2017: 4 of 15 companies on the "Worse" side.
13 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「However, if an unforeseen product issue or similar event occurs and the assessment of the relevant product or the Group's products as a whole declines, this may affect the Group's operating results and financial condition.」
The Company continues to describe the risk of declining assessments of its products and the Company as a whole due to product issues. - FY2021RestatedAnnual report
「In addition, the Company uses feedback from customers received by its customer service center, as well as opinions expressed in stores and on social media, to improve product and package labeling and the functionality of packaging containers. However, if an unforeseen product issue or similar event occurs and the assessment of the relevant product or the Group's products as a whole declines, this may affect the Group's operating results and financial condition.」
The Company continues to describe the risk of declining assessments due to product issues, while using customer feedback and opinions on social media to improve products and labeling. - FY2020RestatedAnnual report
「However, if an unforeseen product issue or similar event occurs and the assessment of the relevant product or the Group's products as a whole declines, this may affect the Group's operating results and financial condition.」
The Company continues to describe the risk of declining product and brand assessments due to product issues. - FY2019RestatedAnnual report
「The Group places the highest priority on food safety. It operates FSSC 22000, obtained in October 2013, and has established its own procurement standards for raw materials, creating a system under which products that do not meet specifications are not procured.」
While identifying the risk of declining assessments due to product issues and food contamination, the Company continues to address it through FSSC 22000, procurement standards and a system that excludes products not meeting specifications from procurement. - FY2019-Q1WorsenedAnnual report
「During the three-month period ended the first quarter, the environment surrounding the food industry was affected by reports concerning food-producing regions and food additives, further deepening consumers' interest in food safety.」
The Company explains that reports concerning food-producing regions and food additives further deepened consumers' interest in food safety. It does not describe food contamination occurring at the Company. - FY2018RestatedAnnual report
「The Group is working to identify such risks in advance and address them before they materialize. However, if an unforeseen event occurs, it may affect the Group's operating results and financial condition.」
The Company continues to explain both the possibility of declining quality assessments due to food contamination or product issues and its efforts to address such risks in advance. - FY2018-Q3WorsenedAnnual report
「During the nine-month period ended the third quarter, the environment surrounding the food industry was affected by O157, norovirus and other factors, bringing food safety issues into even sharper focus.」
The Company explains that the impact of O157 and norovirus brought food safety issues in the food industry into even sharper focus. It does not describe contamination occurring at the Company. - FY2018-Q2WorsenedAnnual report
「During the six-month period ended the second quarter, the environment surrounding the food industry was affected by O157, norovirus and other factors, bringing food safety issues into sharper focus.」
The Company explains that the impact of O157 and norovirus brought food safety issues in the food industry into sharper focus again. It does not describe contamination occurring at the Company. - FY2017RestatedAnnual report
「However, if an unforeseen product issue or similar event occurs and the assessment of the relevant product or the Group's products as a whole declines, this may affect the Group's operating results and financial condition.」
The Company continues to describe the risk of declining product and brand assessments due to product issues. - FY2016First statedAnnual report
「However, if an unforeseen product issue or similar event occurs and the assessment of the relevant product or the Group's products as a whole declines, this may affect the Group's operating results and financial condition.」
Product issues, avian influenza, radioactive materials and pesticide residues are listed as quality and food safety risks.