Risk of Maintaining Halal and Kosher Certification
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
No other company in this theme has enough history to compare yet.
- FY2018RestatedAnnual report
「To demonstrate that its products comply with the relevant requirements, the Group maintains strict controls over raw materials and manufacturing under certifications obtained through inspections by religious certification bodies.」
The disclosure continues to cover raw material and manufacturing controls aimed at maintaining halal and kosher certification, as well as the possibility of losing sales opportunities if certification is revoked. - FY2017RestatedAnnual report
「To demonstrate that its products comply with the relevant requirements, the Group maintains strict controls over raw materials and manufacturing under certifications obtained through inspections by religious certification bodies. However, if control deficiencies result in violations of religious rules and the certifications are revoked, the Group may lose sales opportunities, which could affect the Group's operating results and financial position.」
The disclosure continues to cover raw material and manufacturing controls aimed at maintaining halal and kosher certification, as well as the risk of certification revocation. - FY2016First statedAnnual report
「To demonstrate that its products comply with the relevant requirements, the Group maintains strict controls over raw materials and manufacturing under certifications obtained through inspections by religious certification bodies. However, if control deficiencies result in violations of religious rules and the certifications are revoked, the Group may lose sales opportunities.」
The Group identifies compliance with religious requirements concerning animal species and manufacturing methods, as well as the loss of sales opportunities resulting from certification revocation, as risks.