Food Safety and Quality Control Risk
First written in FY2016. 4 of 8 entries say "Restated". Latest entry: FY2023.
Otsuka Holdings moved to the "Worse" side of this theme in 2018, 6 years before the typical company in this theme (2024).
The whole theme swung hardest in 2024: 6 of 35 companies on the "Worse" side.
54 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「To provide customers with “food safety,” our group strives to take every possible measure with respect to quality control and the assurance of safety for all products in Japan and overseas, including not only products manufactured in-house but also products manufactured by contract manufacturers.」
The company continues to ensure food safety through quality control, international standards and audits covering both its domestically and internationally manufactured products and contract-manufactured products. - FY2022RestatedAnnual report
「To provide customers with “food safety,” our group strives to take every possible measure with respect to quality control and the assurance of safety for all products in Japan and overseas, including not only products manufactured in-house but also products manufactured by contract manufacturers.」
The company continues to manage food safety and quality across all products through quality control, certification to international standards, guidelines, metrics and audits. - FY2021RestatedAnnual report
「To provide customers with “food safety,” our group strives to take every possible measure with respect to quality control and the assurance of safety for all products in Japan and overseas, including not only products manufactured in-house but also products manufactured by contract manufacturers.」
The company continues to manage food safety and quality across all products through quality control, certification to international standards, guidelines, metrics and audits. - FY2020MitigatedAnnual report
「We are pursuing certification under ISO9001 (quality), ISO22000 and FSSC22000 (food safety).」
The company explains that it is reducing food safety risks for all products, including those manufactured in-house and by contract manufacturers, through the acquisition of international certifications, quality indicators and audits. - FY2018MaterialisedAnnual report
「Sales volume of Oronamin C, a carbonated nutritional drink, declined from the previous period, partly due to the impact of a voluntary recall of certain products.」
The disclosure states that the voluntary recall of certain Oronamin C products affected the decline in full-year sales volume. - FY2018-Q3MaterialisedAnnual report
「Sales volume of Oronamin C, a carbonated nutritional drink, declined year on year for the same quarter, partly due to the impact of a voluntary recall of certain products. However, we continue to strengthen quality control and our supply system, and product shipments are recovering.」
A voluntary recall of certain Oronamin C products actually occurred and affected sales volume. The disclosure also describes efforts to strengthen quality control and the supply system and the recovery in shipments. - FY2017RestatedAnnual report
「To provide customers with “food safety,” our group takes every possible measure with respect to quality control and the assurance of the safety and reliability of all products, including not only products manufactured in-house but also products manufactured by contract manufacturers.」
The policy of applying quality control and assuring the safety and reliability of all products in relation to food safety and quality control continues. - FY2016First statedAnnual report
「If a situation arises that exceeds the scope of our group’s quality control systems, it may have a material impact on our group’s operating results, financial position and social credibility.」
The risks relating to the safety of food products, including products manufactured in-house and by contract manufacturers, as well as the contamination of products with foreign matter or hazardous substances, are disclosed.