Quality Issues and Product Liability Risk
First written in FY2017. 3 of 4 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
129 other companies' latest entry also says "Restated".
- FY2021RestatedAnnual report
「The company has established a quality management system, obtained ISO9001 certification, and ships only products that meet customer specifications based on the results of quality inspections. However, although it maintains liability insurance to prepare for unforeseen circumstances, an unforeseeable quality problem or product liability accident could not only damage the company’s reputation but also affect the Group’s operating results and financial condition.」
The company continues to address quality problems and product liability through ISO9001, inspections for conformity with customer specifications and liability insurance. - FY2019RestatedAnnual report
「If an unforeseeable quality problem or product liability accident occurs, although the company maintains liability insurance to prepare for unforeseen circumstances, this could not only damage the company’s reputation but also affect its operating results and financial condition.」
The company continues to address quality problems and product liability risks through ISO9001, inspections for conformity with customer specifications and liability insurance. - FY2018RestatedAnnual report
「The company has established a quality management system, obtained ISO9001 certification, and ships only products that meet customer specifications based on the results of quality inspections. However, although it maintains liability insurance to prepare for unforeseen circumstances, an unforeseeable quality problem or product liability accident could not only damage the company’s reputation but also affect its operating results and financial condition.」
The company continues to address quality problems and product liability risks through ISO9001, inspections for conformity with customer specifications and liability insurance. - FY2017First statedAnnual report
「The company has established a quality management system, obtained ISO9001 certification, and ships only products that meet customer specifications based on the results of quality inspections. However, although it maintains liability insurance to prepare for unforeseen circumstances, an unforeseeable quality problem or product liability accident could not only damage the company’s reputation but also affect its operating results and financial condition.」
The company identifies ISO9001, inspections for conformity with customer specifications and liability insurance, while leaving open the possibility of a quality-related accident.