Large-Scale Quality Issues and Product Liability
First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
125 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The フジボウ Group has product liability insurance, but there is no assurance that it will fully cover the amount of damages ultimately borne by the group. Nor is there any assurance that quality issues capable of resulting in substantial product liability claims will not occur.」
Continues to describe the possibility of major quality issues and claims while responding through product liability insurance. - FY2018RestatedAnnual report
「The フジボウ Group has product liability insurance, but there is no assurance that it will fully cover the amount of damages ultimately borne by the group. Nor is there any assurance that quality issues capable of resulting in substantial product liability claims will not occur.」
Continues to describe the possibility of major quality issues and claims while responding through product liability insurance. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding major quality issues and product liability. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding major quality issues and product liability. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding major quality issues and product liability. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
States that there have been no material changes regarding major quality issues and product liability. - FY2017-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
States that there have been no material changes regarding major quality issues and product liability. - FY2016First statedAnnual report
「There is no assurance that quality issues capable of resulting in substantial product liability claims will not occur. In such an event, the フジボウ Group's reputation could be materially affected, and its financial position, operating results and cash flows could be adversely affected by lower sales and deteriorating profitability.」
The company has product liability insurance, but states that there is no assurance that it will fully cover the amount of damages.