Safety Risks Associated with Skincare Products and Health Foods
First written in FY2021-Q3. 2 of 4 entries say "Raised", first in FY2022. Latest entry: FY2024.
0 other companies' latest entry also says "Raised".
- FY2024RaisedAnnual report
「With respect to the Group’s new energy and Sustainable Businesses, as a supplier of emergency generators for LP gas and city gas, disinfection equipment, and OEM products including cosmetics and health foods, we recognize product safety as our top priority and strive to comply with applicable regulations and meet all quality standards required for our products. However, despite the Group’s efforts, products may fail to meet these standards or their quality may deteriorate, resulting in safety issues. Such issues may arise not only within the Group but also at sales customers, suppliers and outsourced manufacturers beyond the Group’s control.」
The disclosure on product safety risks now expressly covers the possibility of problems arising not only with emergency generators, disinfection equipment, cosmetics and health foods, but also at parties outside the Group’s control, such as sales customers, suppliers and outsourced manufacturers. - FY2023RestatedAnnual report
「As a supplier of emergency generators for LP gas and city gas, magnesium batteries, disinfection equipment, and OEM products including cosmetics and health foods, we recognize product safety as our top priority and strive to comply with applicable regulations and meet all quality standards required for our products.」
The policy of treating safety as the top priority continued for all supplied products, including emergency generators, magnesium batteries, disinfection equipment, cosmetics and health foods. - FY2022RaisedAnnual report
「As a supplier of emergency generators for LP gas and city gas, magnesium batteries, disinfection equipment, and OEM products including cosmetics and health foods, we recognize product safety as our top priority and strive to comply with applicable regulations and meet all quality standards required for our products.」
The scope of the safety risk expanded from the previous focus on cosmetics and health foods to all supplied products, including emergency generators, magnesium batteries and disinfection equipment. - FY2021-Q3First statedAnnual report
「As a cosmetics and health food manufacturer, the Group recognizes product safety as its top priority and strives to comply with applicable regulations and meet all quality standards required for its products. However, despite the Group’s efforts, products may fail to meet these standards or their quality may deteriorate, resulting in safety issues.」
The disclosure on the newly launched Sustainable Business describes the potential for products to fail to meet quality standards or suffer quality deterioration, as well as the possibility of safety issues, production stoppages, recalls, damages claims and adverse effects on the Group’s reputation.