Risk of Quality Defects and Large-Scale Claims
First written in FY2017. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
124 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely.」
The Group’s quality management through ISO 9001 and continuous improvement was indicated, while the possibility of claims and product liability continued to be recognized. - FY2023RestatedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely.」
The Group’s quality management through ISO 9001 and continuous improvement was indicated, while the possibility of claims and product liability continued to be recognized. - FY2022RestatedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely.」
The Group’s response through ISO 9001, continuous improvement and product liability insurance was indicated, while the risks of claims and product liability continued to be recognized. - FY2019RestatedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely.」
The Group’s response through ISO 9001 and product liability insurance was disclosed, while the possibility of incidents leading to major claims or product liability continues to be recognized. - FY2018RestatedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely. The Group has also taken out product liability insurance. If a major claim or an incident leading to product liability occurs, compensation for the claims and costs associated with remedial measures could arise, potentially affecting the Group’s performance and brand valuation.」
The Group’s response through ISO 9001 and product liability insurance was disclosed, while the possibility of major claims and product liability continues to be recognized. - FY2017First statedAnnual report
「By adopting the ISO 9001 quality management system, the Group promotes the establishment and operation of quality assurance and continuous improvement systems and works to prevent defects and defective products from reaching customers. In practice, however, it is difficult to eliminate the possibility of claims entirely.」
The risk of claims and incidents leading to product liability was disclosed, alongside the Group’s quality assurance and continuous improvement efforts under ISO 9001.