Costs Arising from Unexpected Product Defects
First written in FY2016. 22 of 25 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2024MitigatedAnnual report
「Our Group introduced ISO 9001 for quality management in 1995 and has worked to manage and improve quality. If a quality issue occurs, we investigate its cause and implement measures to prevent recurrence in accordance with ISO rules.」
As measures addressing product quality risk, the company specifies the operation of ISO 9001 for quality management and investigation of causes and recurrence-prevention measures when problems occur. - FY2024-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no significant changes to the risks of costs arising from product defects, quality issues and reputational damage. - FY2024-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no significant changes to the risks of costs arising from product defects, quality issues and reputational damage. - FY2023-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no significant changes to the risks of costs arising from product defects, quality issues and reputational damage. - FY2023-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no significant changes to the risks of costs arising from product defects, quality issues and reputational damage. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no significant changes to the risks of costs arising from product defects, quality issues and reputational damage. - FY2021WorsenedAnnual report
「Our products include carriers with a high global market share and oxygen absorbers used in food-related applications. If a quality issue occurs, it could have a significant impact on customers and society, as well as a material impact on the Group's business results and other matters, including a decline in its reputation.」
The existing risk of costs arising from product defects has expanded into a material risk encompassing the social impact of quality issues involving products with a global market share and food-related products, as well as reputational damage. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2021-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the second quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2020-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2020-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative period through the second quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative period through the first quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2019-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative period through the second quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2019-Q1RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the first quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2018RestatedAnnual report
「Although we have a comprehensive quality-control structure in place, unexpected product defects may occur, resulting in repair costs and other expenses.」
While maintaining its quality control system, the company continues to identify the risk of costs arising from unexpected product defects. - FY2018-Q3RestatedAnnual report
「There were no newly arising business or other risks during the cumulative consolidated period for the third quarter. There were also no material changes in the content of the “Business and Other Risks” section included in the securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. No new incidents are described. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative period through the second quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative period through the first quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2017RestatedAnnual report
「Although we have a comprehensive quality-control structure in place, unexpected product defects may occur, resulting in repair costs and other expenses.」
While maintaining its quality control system, the company continues to identify the risk of costs arising from unexpected product defects. - FY2017-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative period through the third quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2017-Q2RestatedAnnual report
「No new business or other risks arose during the cumulative period through the second quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2017-Q1RestatedAnnual report
「No new business or other risks arose during the cumulative period through the first quarter. In addition, there were no material changes to the content of the “Business and Other Risks” section in the annual securities report for the previous fiscal year.」
There are no additional or significant changes to the risk of costs arising from product defects. - FY2016First statedAnnual report
「Although we have a comprehensive quality-control structure in place, unexpected product defects may occur, resulting in repair costs and other expenses.」
Although the company has a quality control system in place, it identifies the potential cost burden associated with repairs and other expenses arising from product defects as a risk.