Risk of Product Defects and Large-Scale Claims
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2019.
125 other companies' latest entry also says "Restated".
- FY2019RestatedAnnual report
「However, there is no guarantee that all products will be free from defects or that no defective products will arise in the future, nor can it be guaranteed that this insurance will ultimately cover all compensation payments for which the Group is liable.」
While citing ISO 9001 and product liability insurance as countermeasures, the company continues to disclose product defects and large-scale claims as residual risks. - FY2017RestatedAnnual report
「However, there is no guarantee that all products will be free from defects or that no defective products will arise in the future, nor can it be guaranteed that this insurance will ultimately cover all compensation payments for which the Group is liable.」
While identifying ISO 9001 and product liability insurance as countermeasures, the company continues to recognize product defects and large-scale claims as residual risks. - FY2016First statedAnnual report
「However, there is no guarantee that all products will be free from defects or that no defective products will arise in the future, nor can it be guaranteed that this insurance will ultimately cover all compensation payments for which the Group is liable.」
The company identifies quality control under ISO 9001 and product liability insurance as its countermeasures.