Quality Risks from Product Defects and Recalls
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「To address these risks, the Group will ensure that its quality management system functions effectively and will continue to improve its quality assurance systems and operations. It will also continue working to foster an organizational culture across the Group that operates its businesses from a customer and quality perspective.」
In response to the risk of product defects and recalls, the company identified its quality management system, improvements to quality assurance, and an organizational culture focused on customers and quality as countermeasures. - FY2022RestatedAnnual report
「There is no guarantee that all products will be free of defects or that recalls will never occur in the future. A major product accident could have a significant impact on the Group's costs and reputation, potentially adversely affecting its financial position and operating results.」
Quality risks related to product defects, recalls and major product accidents continue. - FY2021RestatedAnnual report
「There is no guarantee that all products will be free of defects or that recalls will never occur in the future. A major product accident could have a significant impact on the Group's costs and reputation, potentially adversely affecting its financial position and operating results.」
Quality risks related to product defects, recalls and major product accidents continue. - FY2018RestatedAnnual report
「There is no guarantee that all products will be free of defects or that recalls will never occur in the future. A major product accident could have a significant impact on the Group's costs and reputation, potentially adversely affecting its operating results and financial position.」
While maintaining stringent quality control, the Group continues to cite the possibility of product defects, recalls and major accidents. - FY2017First statedAnnual report
「The Group manufactures various products in accordance with globally recognized stringent quality control standards, but there is no guarantee that all products will be free of defects or that recalls will never occur in the future.」
Although the Group follows stringent quality control standards, it states that product defects and future recalls cannot be completely ruled out.