Voluntary recall of high-concentration hydrogen water products due to defects in generating agent
First written in FY2024-Q1. 1 of 3 entries say "Materialised", first in FY2024-Q1. Latest entry: FY2024.
TRUST Holdings moved to the "Worse" side of this theme in 2023, 3 years after the typical company in this theme (2020).
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「With respect to the manufacture and sale of high-concentration hydrogenated water, we voluntarily recalled products due to a defect in the hydrogen-generating agent and recorded an inventory valuation loss. Although we proceeded with measures to resume sales, sales were not resumed, resulting in an operating loss.」
The full-year disclosure explicitly stated that, in addition to the voluntary recall and recording of an inventory valuation loss, sales were not resumed and the company consequently reported an operating loss. - FY2024-Q3RestatedAnnual report
「In the water business, we focused on the manufacture and sale of high-concentration hydrogen water and other products, but conducted a voluntary product recall due to a defect in the hydrogen-generating agent and recorded an inventory valuation loss.」
The voluntary recall of products due to a defect in the hydrogen-generating agent and the recording of an inventory valuation loss continue to be described as developments in the Water business. - FY2024-Q1MaterialisedAnnual report
「In the water business, we focused on the manufacture and sale of high-concentration hydrogen water and other products, but conducted a voluntary product recall due to a defect in the hydrogen-generating agent and recorded an inventory valuation loss.」
A voluntary product recall due to a defect in the hydrogen-generating agent occurred, and an inventory valuation loss was recorded as a result.