Quality and Product Liability Risks Related to Bicycle Assembly and Servicing and Private-Brand Products
First written in FY2017. 24 of 25 entries say "Restated". Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
125 other companies' latest entry also says "Restated".
- FY2027-H1RestatedAnnual report
「During the current interim accounting period, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among the matters relating to the business and accounting conditions described in the interim report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no new occurrences or significant changes regarding quality and product liability risks related to bicycle assembly and maintenance and its proprietary-brand products. - FY2025RestatedAnnual report
「Product defects that could lead to product liability claims may result not only in damages payments, but also in costs for product recalls, replacement or repairs, design changes and other measures, as well as a decline in the Company's social reputation. As a result, they may affect the Company's financial condition and operating results.」
The company continues to disclose the risks of liability, recall and repair costs, and reputational damage arising from defects in assembly and servicing or defects in its private-brand and Louis Garneau products. - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there were no new occurrences of the major risks that management recognizes as potentially having a material impact on the company's financial position, operating results or cash flows, among the matters relating to the business and accounting conditions described in the interim report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no new occurrences or significant changes regarding quality and product liability risks related to bicycle assembly and maintenance and its proprietary-brand products. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no new occurrences or material changes in risks relating to the quality and product liability of bicycle assembly and servicing and its own-brand products. - FY2023RestatedAnnual report
「Product defects that could lead to product liability claims may result not only in damages payments, but also in costs for product recalls, replacement or repairs, design changes and other measures, as well as a decline in the Company's social reputation. As a result, they may affect the Company's financial condition and operating results.」
The company continues to face risks of compensation claims, recall and repair costs, and reputational damage arising from assembly and servicing defects or defects in private-label products and products under brands for which it has obtained domestic sales rights. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company states that there have been no new developments or material changes in the quality and product liability risks relating to bicycle assembly and servicing or private-brand products. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2022-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2021RestatedAnnual report
「Product defects that could lead to product liability claims may result not only in damages payments, but also in costs for product recalls, replacement or repairs, design changes and other measures, as well as a decline in the Company's social reputation. As a result, they may affect the Company's financial condition and operating results.」
The company continues to identify risks including compensation claims, recall and repair costs, and reputational damage arising from defects in assembly or servicing and defects in private-label and LOUIS GARNEAU products. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no newly arising business or other risks. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2021-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2020RestatedAnnual report
「Although we maintain product liability insurance for product liability claims, product defects that lead to such claims may result not only in damages payments but also in costs for product recalls, replacement and repairs, and design changes, as well as a decline in our social reputation. Consequently, they may affect our financial condition and operating results.」
The company continues to disclose the risks of liability, recall and repair costs, and reputational damage arising from defects in assembly and servicing or defects in private-brand, Louis Garneau and other products. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2019RestatedAnnual report
「Although we maintain product liability insurance for product liability claims, product defects that lead to such claims may result not only in damages payments but also in costs for product recalls, replacement and repairs, and design changes, as well as a decline in our social reputation. Consequently, they may affect our financial condition and operating results.」
The company continues to identify risks including compensation claims, recall and repair costs, and reputational damage arising from defects in assembly or servicing and defects in private-label products and products from brands for which it holds domestic sales rights. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no occurrences of matters concerning the business situation, accounting situation or other matters described in the quarterly report that could have a material impact on investors’ decisions, and no material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative second-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first-quarter period. There were also no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2018RestatedAnnual report
「Although we maintain product liability insurance for product liability claims, product defects that lead to such claims may result not only in damages payments but also in costs for product recalls, replacement and repairs, and design changes, as well as a decline in our social reputation. Consequently, they may affect our financial condition and operating results.」
The company continues to disclose the risks of damages, compensation, recall and repair costs, and reputational damage arising from defects in assembly and servicing or defects in private-brand products. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no newly arising business or other risks. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no new developments or material changes in the quality and product liability risks relating to bicycle assembly and servicing or private-brand products. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter. There were also no material changes to the business or other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative first quarter. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes in quality and product liability risks relating to bicycle assembly and servicing and private-brand products. - FY2017First statedAnnual report
「However, if an accident involving product liability occurs, the resulting product recalls, replacements and repairs, design changes, and higher insurance premium rates are expected to cause substantial cost increases, while a decline in the company's social reputation and the resulting decrease in sales may also occur. This could affect the company's financial condition and operating performance.」
Risks include accidents caused by defects in store assembly and maintenance or by product liability involving private-brand products, as well as recall and repair costs and reputational damage.