Compensation and Reputation Risk Arising from Product Defects and Poor Workmanship
First written in FY2021. 3 of 4 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 1 of 8 companies on the "Worse" side.
10 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「If a third party suffers damage due to defects in products delivered by partner companies or defective construction, the company could be forced to incur substantial costs to address the product defects or construction deficiencies and could bear civil liability for damages based on its contractual non-conformity liability (warranty liability).」
The company continues to identify the potential for costs, liability for damages and a decline in credibility due to product defects and construction deficiencies at partner companies. - FY2023RestatedAnnual report
「If a third party suffers damage due to defects in products delivered by partner companies or defective construction, the company could be forced to incur substantial costs to address the product defects or construction deficiencies and could bear civil liability for damages based on its contractual non-conformity liability (warranty liability).」
The company continues to identify the potential for response costs, liability for damages and a decline in credibility due to product defects and construction deficiencies at partner companies. - FY2022RestatedAnnual report
「If a third party suffers damage due to defects in products delivered by partner companies or defective construction, the company could be forced to incur substantial costs to address the product defects or construction deficiencies and could bear civil liability for damages based on its contractual non-conformity liability (warranty liability).」
The company continues to identify the potential for response costs, liability for damages and a decline in its social standing due to product defects and construction deficiencies. - FY2021First statedAnnual report
「If a third party suffers damage due to defects in products delivered by partner companies or defective construction, the company could be forced to incur substantial costs to address the product defects or construction deficiencies and could bear civil liability for damages based on its contractual non-conformity liability (warranty liability).」
The company states that product defects and construction deficiencies could result in response costs, civil liability for damages and a decline in its social standing.