Decline in Creditworthiness and Corporate Reputation Due to Food Poisoning and Food Labeling Issues
First written in FY2016. 7 of 8 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2025: 3 of 15 companies on the "Worse" side.
38 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Group's creditworthiness could affect the Group's business performance.」
Despite hygiene management measures, the risk of a decline in creditworthiness due to food poisoning and similar incidents continues. - FY2022RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Group's creditworthiness could affect the Group's business performance.」
Despite hygiene management measures, the risk of a decline in creditworthiness due to food poisoning and similar incidents continues. - FY2021RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Group's creditworthiness could affect the Group's business performance.」
Despite hygiene management measures, the risk of a decline in creditworthiness due to food poisoning and similar incidents continues. - FY2020RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Company's creditworthiness could affect its business performance.」
Despite hygiene management measures, it continues to disclose the risk of a decline in creditworthiness due to food poisoning and similar incidents. - FY2019RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Company's creditworthiness could affect its business performance.」
Despite hygiene management measures, the risk of a decline in creditworthiness due to food poisoning and similar incidents continues. - FY2018RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Company's creditworthiness could affect its business performance.」
After stating that hygiene management is in place, it continues to cite the risk of a decline in creditworthiness due to food poisoning and similar incidents. - FY2017RestatedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Company's creditworthiness could affect its business performance.」
After stating that hygiene management is in place, it continues to cite the risk of loss of public confidence due to food poisoning and similar incidents. - FY2016First statedAnnual report
「Despite these measures, if a food poisoning incident or similar event occurs, the Group could incur costs related to the large-scale disposal of food and other products, revocation of its business licence by the relevant public health centre, a ban on operations, suspension of operations for a specified period, and substantial damages claims from victims. The resulting decline in the Company's creditworthiness could affect its business performance.」
It identifies food-related accidents, origin fraud, false labelling, meat contamination and norovirus as risks.