Product Quality Issues and Reputational Damage Risk
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We conduct 100% inspections in accordance with the specifications agreed with each business partner. As a measure to address claims that could lead to compensation issues, we maintain product liability insurance covering compensation for product liability claims. However, there is no guarantee that the insurance will cover the full amount of compensation, and the matter could also develop into a reputational issue for the Group, potentially affecting its operating results.」
While identifying 100% inspections and product liability insurance as measures, the Company has reconfirmed the remaining risks that full compensation will not be guaranteed and reputational issues may not be avoided. - FY2024RestatedAnnual report
「We conduct 100% inspections in accordance with the specifications agreed with each business partner. As a measure to address claims that could lead to compensation issues, we maintain product liability insurance covering compensation for product liability claims. However, there is no guarantee that the insurance will cover the full amount of compensation, and the matter could also develop into a reputational issue for the Group, potentially affecting its operating results.」
While identifying 100% inspections and product liability insurance as measures, the Company has reconfirmed the remaining risks that full compensation will not be guaranteed and reputational issues may not be avoided. - FY2021MitigatedAnnual report
「As a measure to address claims that could lead to compensation issues, we maintain product liability insurance covering compensation for product liability claims. However, there is no guarantee that the insurance will cover the full amount of compensation, and the matter could also develop into a reputational issue for the Group, potentially affecting its operating results.」
The filing states that the Group maintains product liability insurance as a measure against quality issues and reputational damage, while noting that this does not guarantee full compensation or avoidance of reputational issues. - FY2018RestatedAnnual report
「Although we conduct 100% inspections in accordance with the specifications agreed with each business partner, if a claim leading to a compensation issue were to arise, this could result not only in compensation payments but also in damage to the Group's reputation, potentially affecting its operating results.」
While conducting 100% inspections, the Company has reconfirmed the risks of compensation payments and reputational damage resulting from quality issues. - FY2016First statedAnnual report
「Although we conduct 100% inspections in accordance with the specifications agreed with each business partner, if a claim leading to a compensation issue were to arise, this could result not only in compensation payments but also in damage to the Group's reputation, potentially affecting its operating results.」
Assuming that 100% inspections are conducted, the Company identifies compensation payments and reputational damage if a claim arises as risks.