Product Liability Risks for Oil-Burning Products
First written in FY2016. 16 of 17 entries say "Restated". Latest entry: FY2022-Q3.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the key risks involving product defects, quality claims and combustion defects, among others. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the key risks involving product defects, quality claims and combustion defects, among others. - FY2021RestatedAnnual report
「However, there is no guarantee that quality claims arising from unforeseen defects will not occur in all products in the future.」
The company continues to identify the possibility of product defects, quality claims, large-scale recalls and product liability compensation. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the key risks involving product liability, combustion defects and fires associated with oil-fired products, among others. - FY2021-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the key risks involving product liability, combustion defects and fires associated with oil-fired products, among others. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires involving oil-fired products, among others. - FY2019RestatedAnnual report
「However, there is no guarantee that all products will be entirely free of defects or that no recalls will occur in the future.」
The company has reconfirmed the risks of combustion defects, fires, recalls and product liability compensation involving oil-fired products, together with its quality assurance systems and insurance coverage. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires involving oil-fired products, among others. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires involving oil-fired products, among others. - FY2018RestatedAnnual report
「However, there is no guarantee that all products will be entirely free of defects or that no recalls will occur in the future.」
The company has reconfirmed the risks of combustion defects, fires, large-scale recalls and product liability compensation involving oil-fired products, together with its quality assurance systems and insurance coverage. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires involving oil-fired products, among others. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires involving oil-fired products, among others. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no occurrences of matters that could materially affect investors’ investment decisions among the matters relating to the business and financial position described in this quarterly report, nor were there any material changes to the “Business and Other Risks” described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the product liability risks associated with combustion defects and fires involving oil-fired products, among others. - FY2017RestatedAnnual report
「However, there is no guarantee that all products will be entirely free of defects or that no recalls will occur in the future.」
The company has reconfirmed the risks of combustion defects, fires, large-scale recalls and product liability compensation associated with oil-fired products, together with its quality assurance systems and insurance coverage. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the product liability risks associated with combustion defects and fires involving oil-fired products, among others. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risks of product liability, combustion defects and fires, among others. - FY2016First statedAnnual report
「Given the nature of these products, whose primary function is the combustion of petroleum, they inherently carry the risk of causing damage to customers' lives or property due to combustion defects, fires or similar incidents.」
The company identifies the possibility of product defects, fires and recalls associated with its focus on oil-fired heaters and oil-fired water heaters as risks.