Unexpected Product Defects and Product Recalls
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The response through product liability insurance and the residual risk of liabilities exceeding the scope of coverage are restated. - FY2023RestatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The response through product liability insurance and the residual risk of liabilities exceeding the scope of coverage are restated. - FY2022RestatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The response through product liability insurance and the residual risk of liabilities exceeding the scope of coverage are restated. - FY2021RestatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The response through product liability insurance and the residual risk of liabilities exceeding the scope of coverage are restated. - FY2020RestatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The response through product liability insurance and the residual risk of liabilities exceeding the scope of coverage are restated. - FY2017MitigatedAnnual report
「We carry product liability insurance as a risk-mitigation measure in the event of an incident. However, if a liability exceeding the scope of insurance coverage arises, it may affect the Company's performance.」
The Company states that it carries product liability insurance as a response to product defects and product liability, while liabilities exceeding the scope of insurance coverage remain a risk. - FY2016First statedAnnual report
「Unexpected defects may occur in the market, resulting in product liability claims or product recalls.」
While quality control is in place, unexpected defects, product liability claims and product recalls are identified as risks.