Impact on Results from Product Liability and Product Defects
First written in FY2016. 3 of 5 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2021RestatedAnnual report
「Although the Company has product liability insurance, product defects that could result in product liability claims may incur substantial costs or have a significant impact on the Company's reputation, thereby affecting its performance.」
The company continues to address the risk of product defects and product liability affecting performance through insurance coverage. - FY2020RestatedAnnual report
「Although the Company has product liability insurance, product defects that could result in product liability claims may incur substantial costs or have a significant impact on the Company's reputation, thereby affecting its performance.」
The company continues to disclose the risk that product defects and product liability could affect operating results, along with mitigation through insurance coverage. - FY2018RestatedAnnual report
「Although the Company has product liability insurance, product defects that could result in product liability claims may incur substantial costs or have a significant impact on the Company's reputation, thereby affecting its performance.」
The company continues to disclose the risk that product defects and product liability could affect operating results, along with mitigation through insurance coverage. - FY2017MitigatedAnnual report
「Although the Company has product liability insurance, product defects that could result in product liability claims may incur substantial costs or have a significant impact on the Company's reputation, thereby affecting its performance.」
The risk of product defects continues to be disclosed, while insurance coverage for product liability claims has been explicitly identified as a response. - FY2016First statedAnnual report
「The company manufactures products with quality control as its highest priority, but cannot guarantee that product defects will not occur. Product defects that lead to product liability claims could result in substantial costs and significantly affect the company's reputation, which could in turn affect its operating results.」
Product defects and product liability compensation are explicitly identified as risks that could affect costs, reputation and business performance.