Product liability risks associated with imported and contract-manufactured products
First written in FY2016. 6 of 7 entries say "Restated". Latest entry: FY2024.
0 other companies' latest entry also says "Restated".
- FY2024RestatedAnnual report
「The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability. If substantial damages arise from product liability, this may affect the Group’s financial position, operating results and other matters.」
The company continues to identify product liability risk relating to imported and externally manufactured products and the possibility that product liability insurance may not provide sufficient coverage. - FY2023RestatedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability. If substantial damages arise from product liability, this may affect the Group’s financial position, operating results and other matters.」
The company continues to identify product liability risk relating to imported and externally manufactured products and the possibility that product liability insurance may not provide sufficient coverage. - FY2022RestatedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability. If substantial damages arise from product liability, this may affect the Group’s financial position, operating results and other matters.」
The company continues to identify product liability risk relating to imported and externally manufactured products and the possibility that product liability insurance may not provide sufficient coverage. - FY2020RestatedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability. If substantial damages arise from product liability, this may affect the Group’s financial position, operating results and other matters.」
The company continues to identify product liability risk relating to imported and externally manufactured products and the possibility that product liability insurance may not provide sufficient coverage. - FY2018RestatedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability. If substantial damages arise from product liability, this may affect the Group’s financial position and operating results.」
The company continues to identify product liability risk relating to imported and externally manufactured products, the provision made through product liability insurance, and the possibility that the insurance may not provide sufficient coverage. - FY2017RestatedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident, but there is no guarantee that the insurance will provide sufficient coverage for the amount of liability.」
The company continues to identify product liability risk relating to imported and externally manufactured products and the provision made through product liability insurance. - FY2016First statedAnnual report
「Certain products handled by the Group, including imported products in the chemicals business and products manufactured externally in the daily necessities business, are subject to the Product Liability Act. The Group maintains product liability insurance to cover the risk of damages arising from a product liability incident.」
The disclosure describes the risk of damages relating to externally manufactured and imported products, and the response through product liability insurance.