Product Liability Risk Associated with Product Defects
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 11 of 58 companies on the "Worse" side.
- FY2022RestatedAnnual report
「If a problem occurs with products, services, quality control systems or other matters, the Group's business performance could be affected by compensation payments and loss of public trust.」
The risks of losses and reputational damage arising from product defects and quality control problems continue to be identified. - FY2018RestatedAnnual report
「The Group has product liability insurance for products it handles where deemed necessary. However, if an unforeseen event occurs that is not covered due to exclusions or other provisions of the insurance, it could affect business performance and other matters.」
The response through product liability insurance and the risk of product defects not covered by insurance are reiterated. - FY2017RestatedAnnual report
「The Group has product liability insurance for products it handles where deemed necessary. However, if an unforeseen event occurs that is not covered due to exclusions or other provisions of the insurance, it could affect business performance and other matters.」
The response through product liability insurance and the risk of product defects not covered by insurance are reiterated. - FY2016First statedAnnual report
「The Group has product liability insurance for products it handles where deemed necessary. However, if an unforeseen event occurs that is not covered due to exclusions or other provisions of the insurance, it could affect business performance and other matters.」
Although insurance coverage is in place, events not covered due to exclusions and other provisions remain a risk.