Losses Caused by Product Defects and Product Liability Risks
First written in FY2018. 3 of 6 entries say "Restated". Latest entry: 2026-06-13.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- 2026-06-13MitigatedGovernance
「In FY2025, there were 0 serious quality incidents involving market recalls by the Company.」
Disclosed that there were 0 serious quality incidents, indicating the status of measures addressing product defect risks. - FY2024RestatedAnnual report
「Centred on the Quality Assurance Department under the direct supervision of the Representative Director and President, the Group will establish a comprehensive quality assurance system covering research and development, raw material procurement, production and sales, and take every precaution to ensure product safety.」
The Group continues to maintain a quality assurance system covering all processes and centred on the Quality Assurance Department under the direct supervision of the President, as well as product liability insurance. - FY2023RestatedAnnual report
「As a manufacturer involved in food safety, the Group places safety first and strives to supply products of a quality that satisfies customers. Centred on the Quality Assurance Department under the direct supervision of the Representative Director and President, it will establish a comprehensive quality assurance system covering research and development, raw material procurement, production and sales, and take every precaution to ensure product safety.」
The Group continues to maintain a quality assurance system covering all processes and centred on the Quality Assurance Department under the direct supervision of the President, as well as product liability insurance. - FY2022RestatedAnnual report
「As a manufacturer involved in food safety, the Group places safety first and strives to supply products of a quality that satisfies customers. Centred on the Quality Assurance Department under the direct supervision of the Representative Director and President, it will establish a comprehensive quality assurance system covering research and development, raw material procurement, production and sales, and take every precaution to ensure product safety.」
For product defect risks, the Group continues to maintain a quality assurance system that places safety first and product liability insurance. - FY2020MitigatedAnnual report
「Centred on the Quality Assurance Department under the direct supervision of the Representative Director and President, the Group will establish a comprehensive quality assurance system covering research and development, raw material procurement, production and sales, and take every precaution to ensure product safety. It will also maintain product liability insurance against unforeseen events.」
For product defect risks, the Group has specified measures involving the Quality Assurance Department under the direct supervision of the President, a quality assurance system covering all processes and product liability insurance. - FY2018First statedAnnual report
「The Group has established a product quality assurance system and takes every precaution to ensure product safety. It also maintains product liability insurance against unforeseen events. However, if losses arising from product defects occur and are not fully covered by the product liability insurance, the Group's business performance may be affected.」
In addition to describing its quality assurance system and insurance coverage, the Group has identified losses from product defects that cannot be fully covered by insurance as a new risk item.