Product Liability and Quality Issues Risk
First written in FY2016. 1 of 3 entries say "Mitigated", first in FY2023. Latest entry: FY2026.
Tokuyama moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
12 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「Provision for damages claims: A provision has been recognized based on a reasonable estimate as of the end of the current consolidated fiscal year to cover damages claims arising from defects in ion-exchange membranes and industrial isopropyl alcohol.」
A provision has been recognized for future damages claims arising from product defects, indicating that quality and product liability risks have materialized in the accounts. - FY2023MitigatedAnnual report
「The Group is making every effort to strengthen quality control, chemical management and product safety so that it can ensure appropriate quality suited to each product's characteristics.」
As measures against product liability and quality issue risks, the Group explicitly identifies strengthened quality control, chemical management and product safety, as well as liability insurance. - FY2016First statedAnnual report
「If quality issues arise due to unforeseen circumstances, developing into free-of-charge product recalls or other measures, or if product liability (PL) issues relating to product safety arise, this could materially affect the Group's operating results and financial condition.」
While working to maintain quality control, the Group discloses the possibility of free-of-charge recalls and PL issues.