Product Liability Risk Related to Drone Safety and Crashes
First written in FY2023. 2 of 4 entries say "Reframed", first in FY2025. Latest entry: FY2026.
OPTiM moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「In providing agricultural-related services, the Group operates various types of equipment, including agricultural machinery, in addition to drones. These agricultural machines and other equipment may also cause personal injury or damage to crops and surrounding property due to equipment failure, operator error, or unexpected behavior caused by external conditions.」
The scope was expanded from drone crash risks to risks of accidents involving agricultural machinery generally due to equipment failure, operator error, and external conditions. - FY2025ReframedAnnual report
「The Group is working to develop drones that can coexist safely with people without causing accidents. However, if a drone used in the Group's services or otherwise were to crash and cause injury or damage to people or property, the Group's business and performance could be affected by substantial compensation payments and expenses and loss of public confidence. In addition, if a serious drone-related accident were to occur, whether involving the Group or not, declining public confidence in drone safety and tighter regulations could lead to lower demand for drones, market contraction, or slower growth.」
The scope of drone safety risks was expanded beyond accidents involving aircraft used in the Company's own services to include lower demand, market contraction, and tighter regulations resulting from serious accidents across the industry. - FY2024MitigatedAnnual report
「The Group is advancing inherently safe design based on risk analyses and developing aircraft that can fly safely in environments without GPS coverage and in bad weather by leveraging technologies shared across the Group.」
In response to drone crash and product liability risks, the Company is developing safety designs based on risk analysis and flight technologies for conditions without GPS coverage and in bad weather. - FY2023First statedAnnual report
「If an aircraft manufactured by the Group were to crash and cause injury or damage to people or property, the Group's business and performance could be affected by significant product liability payments, substantial recall-related payments and expenses, and loss of public confidence.」
With the expansion of the drone business, the Company newly disclosed risks of personal injury and property damage caused by crashes and other incidents, product liability, recalls, and loss of public confidence.