Environmental Regulations, Product Liability and Intellectual Property Disputes
First written in FY2016. 7 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2018: 2 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Regarding PFAS regulation, in light of the important role played by the Group's fluorine-related products in daily-life industries, the company is submitting public comments to European authorities, developing PFAS-free products as alternatives to the relevant PFAS products, and introducing some products to the market.」
The company's response to PFAS regulatory risk has progressed from submitting opinions and developing alternative products to introducing some products to the market. - FY2026MitigatedAnnual report
「In light of the important role played by the Group's fluorine-related products in daily-life industries, the company is submitting public comments to European authorities, developing PFAS-free products as alternatives to the relevant PFAS products, and introducing some products to the market.」
In response to PFAS regulation, the company has progressed beyond submitting opinions to European authorities to developing PFAS-free alternative products and introducing some of them to the market. - FY2024MitigatedAnnual report
「The Group does not manufacture or sell products subject to these regulations. However, as efforts have recently been made in Europe and elsewhere to regulate all PFAS collectively, the company is submitting public comments to European authorities and developing some PFAS-free products, taking into account the important industrial role played by the Group's fluorine-related products.」
Regarding the risk of PFAS regulation, the company explicitly states that it does not manufacture or sell products subject to the regulations and is responding by submitting opinions to European authorities and developing some PFAS-free products. - FY2023WorsenedAnnual report
「In addition, regarding the proposed European PFAS restriction published by ECHA (European Chemicals Agency) in February 2023 as part of PFAS (Per- and Poly Fluoro Alkyl Substances) regulation, the company will continue taking responsible action as a fluorine manufacturer.」
The company newly describes a specific regulatory development, the proposed European PFAS restriction, as an environmental regulatory risk. - FY2021RestatedAnnual report
「The Group has established rules for its products and is working to ensure quality by eliminating defects, improving safety and preventing product liability arising from defects, but」
The company continues to address quality assurance while identifying risks related to environmental regulations, product liability, intellectual property rights and litigation. - FY2020RestatedAnnual report
「The Group has established rules for its products and is working to ensure quality by eliminating defects, improving safety and preventing product liability arising from defects, but」
The company continues to address quality assurance while identifying risks related to environmental regulations, product liability, intellectual property rights and litigation. - FY2020-Q3RestatedAnnual report
「Depending on future developments in this matter, losses, including compensation costs for customers and others, may affect the company's consolidated results. However, amounts whose impact cannot reasonably be estimated at present have not been reflected in the quarterly consolidated financial statements.」
Losses, including compensation, whose impact cannot reasonably be estimated remain unrecognized in the financial statements in connection with the case in which products were shipped by a contract manufacturer without reheating treatment. - FY2020-Q2RestatedAnnual report
「Depending on future developments in this matter, losses, including compensation costs for customers and others, may affect the company's consolidated results. However, amounts whose impact cannot reasonably be estimated at present have not been reflected in the quarterly consolidated financial statements.」
Losses, including compensation, whose impact cannot reasonably be estimated remain unrecognized in the financial statements in connection with the case in which products were shipped by a contract manufacturer without reheating treatment. - FY2020-Q1RestatedAnnual report
「Depending on future developments in this matter, losses, including compensation costs for customers and others, may affect the company's consolidated results. However, amounts whose impact cannot reasonably be estimated at present have not been reflected in the quarterly consolidated financial statements.」
Losses, including compensation, whose impact cannot reasonably be estimated remain unrecognized in the financial statements in connection with the case in which products were shipped by a contract manufacturer without reheating treatment. - FY2019-Q3AdvancedAnnual report
「Depending on future developments in this matter, losses, including compensation costs for customers and others, may affect the company's consolidated results. However, amounts whose impact cannot reasonably be estimated at present have not been reflected in the quarterly consolidated financial statements.」
The company recorded a ¥24 million provision for costs related to customer compensation and other responses concerning the case in which products were shipped by a contract manufacturer without reheating treatment. Amounts whose impact cannot reasonably be estimated remain unrecognized. - FY2019-Q2MaterialisedAnnual report
「It was discovered that Fuji Hardware Co., Ltd., the company's contract manufacturer, had shipped some of the relevant products it manufactured in the past without performing the required processing.」
It was discovered that some products, including tempered glass, had been shipped without the required reheating treatment. The company states that losses, including compensation costs for customers and others, may arise. Although the amount of the impact is difficult to estimate reasonably, the company recorded a ¥23 million provision for costs related to customer compensation and other responses. - FY2018RestatedAnnual report
「The Group conducts its business activities with the utmost attention to these laws and regulations. However, its past, present and future business activities may result in higher environmental costs and liability for damages, and」
The company continues to list risks related to environmental regulations, product liability, intellectual property rights and litigation. - FY2017RestatedAnnual report
「The Group conducts its business activities with the utmost attention to these laws and regulations. However, its past, present and future business activities may result in higher environmental costs and liability for damages, and」
The company continues to list risks related to environmental regulations, product liability, intellectual property rights and litigation. - FY2016First statedAnnual report
「The Group conducts its business activities with the utmost attention to these laws and regulations. However, its past, present and future business activities may result in higher environmental costs and liability for damages, and」
The company identifies disputes and liability for damages related to environmental laws and regulations, product quality and intellectual property rights as factors that may affect operating results and other matters.