Risk of Purchasing Counterfeit Goods
First written in FY2017. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 12 companies on the "Worse" side.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Branded goods, watches and apparel accessories including precious metals accounted for 23.1% of consolidated sales in the fiscal year ending February 2026. Counterfeit products may be in circulation, and counterfeit products may be brought to Group stores as items offered for purchase.」
Branded goods and related products accounted for 23.1% of sales, up from 21.9% in the previous fiscal year. The scale of the exposure to reputational damage and an impact on operating results from counterfeit products being brought in has increased. - 2026-04-09MitigatedEarnings presentation materials
「Established the specialist organization Appraisal DX and Authentication Office」
The establishment of a specialist organization covering authentication strengthened the system for checking counterfeit products. - FY2025WorsenedAnnual report
「The Group handles branded goods. Branded goods, watches and apparel accessories including precious metals accounted for 21.9% of consolidated sales in the fiscal year ended February 2025. Counterfeit products may be in circulation, and counterfeit products may be brought to Group stores as items offered for purchase.」
Branded goods and related products accounted for 21.9% of sales, up from 21.5% in the previous fiscal year. The scale of the exposure to reputational damage and an impact on operating results from counterfeit products being brought in has increased. - FY2024RestatedAnnual report
「Branded goods, watches and apparel accessories including precious metals accounted for 21.5% of consolidated sales in the fiscal year ended February 2024. Counterfeit products may be in circulation, and counterfeit products may be brought to Group stores as items offered for purchase.」
The company reported that branded goods and related products accounted for 21.5% of sales, and reiterated the risks of reputational damage and an impact on operating results from counterfeit products being brought in, along with measures such as authenticity verification. - FY2022RestatedAnnual report
「Branded goods, watches and apparel accessories including precious metals accounted for 21.3% of consolidated sales in the fiscal year ended February 2022.」
The company reported that branded goods and related products accounted for 21.3% of sales, and reiterated the risk of reputational damage caused by counterfeit products being brought in or related problems, along with measures such as authenticity verification. - FY2019RestatedAnnual report
「However, there remains a risk of problems involving counterfeit products. If a major problem occurs, confidence in the Group’s stores may decline, which could affect the company’s operating results.」
The company reiterates the risk of reputational damage and an impact on operating results if problems occur, while implementing measures to prevent counterfeit products from entering its stores. - FY2018RestatedAnnual report
「The Group handles branded goods. Counterfeit products may be in circulation, and counterfeit products may be brought to Group stores as items offered for purchase.」
The company reiterates the possibility of purchasing counterfeit products, measures to prevent their inflow, such as authenticity-verification manuals, and the risk of reputational damage if problems occur. - FY2017First statedAnnual report
「The Group handles branded goods. Counterfeit products may be in circulation, and counterfeit products may be brought to Group stores as items offered for purchase.」
The company describes the risk of reputational damage caused by counterfeit products, along with measures to prevent their inflow, including membership in private-sector organizations, preparation of authenticity-verification manuals and information-sharing systems.