Reputational Damage Relating to Health Foods and Chinese Raw Materials
First written in FY2016. 1 of 3 entries say "Worsened", first in FY2017. Latest entry: FY2019.
No other company in this theme has enough history to compare yet.
- FY2019RestatedAnnual report
「The retail business also uses Pu-erh tea raw materials produced in China. If a similar event occurs involving Chinese food products, or if an unforeseen event such as a radioactive leak at a nuclear power plant occurs in the vicinity of the Group or a major supplier, the Group may likewise suffer reputational damage」
The possibility of reputational damage relating to health foods and Chinese raw materials continues to be disclosed, as before. - FY2017WorsenedAnnual report
「The retail business also uses Pu-erh tea raw materials produced in China. If a similar event occurs involving Chinese food products, or if an unforeseen event such as a radioactive leak at a nuclear power plant occurs in the vicinity of the Group or a major supplier, the Group may likewise suffer reputational damage」
A new event, such as a radioactive leak near a major supplier, has been added to the reputational risk relating to health foods and Chinese raw materials. - FY2016First statedAnnual report
「If an event occurs in the general market involving merchandise identical or similar to the Group's products or raw materials that raises concerns about safety, the Group may suffer reputational damage.」
The disclosure indicates a reputational risk if a safety issue arises in similar products or Chinese food products, even when there is no problem with the Company's own products or raw materials.