Assembly and Servicing Deficiencies and Quality Issues with Private-Label Products
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「For these commissioned products, whether manufactured domestically or overseas, the company uses compliance with Japanese Industrial Standards (JIS) as the minimum requirement, establishes its own stricter quality standards, and selects component suppliers and manufacturers accordingly. In addition, company employees regularly visit the factories of contract manufacturers to improve quality. The company also has product liability insurance covering product liability claims.」
Although the risks of deficiencies in assembly and maintenance and private-label product quality issues remain, the company specifies measures including JIS compliance, its own quality standards, factory visits and product liability insurance. - FY2024First statedAnnual report
「If an accident, injury or other harm to a customer occurs in connection with a bicycle sold by the company as a result of defects in assembly or maintenance, the company could be required to pay damages or compensation, which could affect its financial condition and operating results.」
The company discloses that defects in store-level assembly or maintenance and defects in private-label products could lead to accidents, injuries, and claims for damages or compensation.