Business Suspension and Reputational Damage Caused by Defects in Products Sold
First written in FY2022. 2 of 3 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
125 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a defect or flaw is found in a product we have sold, business performance may be affected by a suspension of operations, loss of credibility, and the need to remedy the issue or provide compensation.」
The company continues to disclose the risks of business suspension, loss of credibility and compensation arising from defects in products sold. - FY2023RestatedAnnual report
「If a defect or flaw is found in a product we have sold, business performance may be affected by a suspension of operations, loss of credibility, and the need to remedy the issue or provide compensation.」
The company continues to disclose the risks of business suspension, loss of credibility and compensation arising from defects in products sold. - FY2022First statedAnnual report
「We take every possible precaution in managing the quality of the products we provide. However, if a defect or flaw is found in a product we have sold, business performance may be affected by a suspension of operations or loss of credibility.」
The company has for the first time explicitly identified the possibility that defects in products sold could lead to a suspension of operations or loss of credibility as a major risk.