Impact of Quality Issues and Product Liability on Trust and Sales
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
30 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「Although products of the group are manufactured in accordance with quality control standards based on international standards, quality issues may arise in these products in the future. The company maintains product liability insurance and other coverage for products where it deems this necessary, but if compensation payments become substantial, higher costs and a decline in sales due to damage to its reputation could affect its business performance.」
The risks of an impact on business performance from quality issues, product liability and reputational damage, and the response of maintaining insurance coverage, continue. - FY2019RestatedAnnual report
「Although products of the group are manufactured in accordance with quality control standards based on international standards, quality issues may arise in these products in the future. The company maintains product liability insurance and other coverage for products where it deems this necessary, but if compensation payments become substantial, higher costs and a decline in sales due to damage to its reputation could affect its business performance.」
The risks of lower sales due to quality issues, product liability and reputational damage, and the response of maintaining insurance coverage, continue. - FY2018RestatedAnnual report
「Although products of the group are manufactured in accordance with quality control standards based on international standards, quality issues may arise in these products in the future. The company maintains product liability insurance and other coverage for products where it deems this necessary, but if compensation payments become substantial, higher costs and a decline in sales due to damage to its reputation could affect its business performance.」
The risks of lower sales due to quality issues, product liability and reputational damage, and the response of maintaining insurance coverage, continue. - FY2017RestatedAnnual report
「Although products of the group are manufactured in accordance with quality control standards based on international standards, quality issues may arise in these products in the future.」
The risks of lower sales due to quality issues, product liability and reputational damage continue. - FY2016First statedAnnual report
「Quality issues may arise in these products in the future. The company maintains product liability insurance and other coverage for products where it deems this necessary, but if compensation payments become substantial, higher costs and a decline in sales due to damage to its reputation could affect its business performance.」
The company identifies a chain of quality issues, compensation costs, reputational damage and lower sales as risks.