Liability and Reputational Damage from Product Defects and Quality Issues
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「The Group pays close attention to product quality, including by developing an automated quality-data verification system to further improve reliability, but there can be no assurance that all products will be free from defects or will not cause serious quality problems in the future.」
While continuing to disclose the risk of product defects, the company has added development of an automated quality-data verification system as a specific response measure. - FY2023RestatedAnnual report
「Because many of the products provided by the Group require a high degree of reliability, the Group pays close attention to product quality, but there can be no assurance that all products will be free from defects or will not cause serious quality problems in the future.」
The company continues to describe the possibility of liability, reputational damage and lower sales resulting from product defects and quality issues, as well as production and quality control based on quality standards. - FY2017RestatedAnnual report
「There can be no assurance that all products will be free from defects or will not cause serious quality problems in the future.」
The company continues to disclose the possibility of liability, reputational damage and lower sales resulting from product defects and quality issues. - FY2016First statedAnnual report
「There can be no assurance that all products will be free from defects or will not cause serious quality problems in the future.」
The company describes the possibility of product liability claims, losses exceeding insurance coverage, reputational damage and lower sales.