Product and Coating Quality Nonconformities
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If a defect were identified and significantly disrupted the production activities of a customer using the Group's products, confidence in the Group and its social credibility could be severely damaged, which could affect the Group's financial condition and operating results.」
The disclosure continues to describe the potential impact of a product defect on the production activities of customers using the products, confidence and social credibility, and financial condition and operating results. - FY2024Specific potential impactsAnnual report
「If a defect were identified and significantly disrupted the production activities of a customer using the Group's products, confidence in the Group and its social credibility could be severely damaged, which could affect the Group's financial condition and operating results.」
The disclosure specifies the potential chain of impacts if a product defect occurs: disruption to the production activities of customers using the products, loss of confidence and social credibility, and an impact on financial condition and operating results. - FY2023RestatedAnnual report
「The Group has not previously experienced any situation that resulted in liability for damages, but there is no guarantee that defects or quality problems will never arise in its products in the future.」
The disclosure continues to identify the possibility of defects in products or processing and unforeseen problems with new products, while stating that there have been no previous major cases involving liability for damages. - FY2022RestatedAnnual report
「The Group has not previously experienced any situation that resulted in liability for damages, but there is no guarantee that defects or quality problems will never arise in its products in the future.」
The disclosure continues to identify the possibility of future defects or quality problems and unforeseen problems with new products, while stating that there have been no previous major cases involving liability for damages. - FY2020RestatedAnnual report
「The Group has not previously experienced any situation that resulted in liability for damages, but there is no guarantee that defects or quality problems will never arise in its products in the future.」
The disclosure continues to state that there have been no previous cases involving liability for damages, while acknowledging that defects in products or processing and unforeseen problems with new products cannot be ruled out. - FY2017RestatedAnnual report
「The Group has not previously experienced any situation that resulted in liability for damages, but there is no guarantee that defects or quality problems will never arise in its products in the future.」
The disclosure continues to state that there have been no previous cases involving liability for damages, while acknowledging that defects in products or processing and unforeseen problems with new products cannot be ruled out. - FY2016First statedAnnual report
「The Group has not previously experienced any situation that resulted in liability for damages, but there is no guarantee that defects or quality problems will never arise in its products in the future.」
The disclosure states that there have been no previous cases involving liability for damages, while acknowledging that future defects or quality problems cannot be completely ruled out.