Automotive Product Quality Issues and Recall Response
First written in FY2020. 3 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 13 of 35 companies on the "Worse" side.
49 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「In response, the Group is pursuing manufacturing processes that cannot cause quality issues, including obtaining and properly operating IATF16949 (a quality management system for the automotive industry) certification and introducing automated quality inspection equipment.」
The Group continues to respond to the risks associated with quality issues and recalls for automotive products through IATF16949, automated quality inspection equipment and negotiations over delivery specifications. - FY2025MaterialisedAnnual report
「As stated in the Notice Regarding the Filing of an Appeal disclosed on 26 March 2025, the Company is currently litigating with Marelli Corporation in the High Court over quality issues involving its products, and is working toward a resolution, including by reiterating the Company's position.」
Regarding the risks associated with quality issues and recalls for automotive products, it is stated that a quality issue involving a customer is currently being litigated in the High Court. - FY2022RestatedAnnual report
「In response, the Group is pursuing manufacturing processes that cannot cause quality issues, including obtaining IATF16949 (a quality management system for the automotive industry) certification and introducing automated quality inspection equipment. The Group is also working to mitigate the risk by carefully negotiating product delivery specifications with customers.」
The Group continues to respond to the risks associated with quality issues and recalls for automotive products through IATF16949, automated quality inspection equipment and negotiations over delivery specifications. - FY2021RestatedAnnual report
「In response, the Group is pursuing manufacturing processes that cannot cause quality issues, including obtaining IATF16949 (a quality management system for the automotive industry) certification and introducing automated quality inspection equipment. The Group is also working to mitigate the risk by carefully negotiating product delivery specifications with customers.」
The risks associated with quality issues and recalls for automotive products, together with responses involving a quality management system, automated quality inspection equipment and negotiations over delivery specifications, are described again. - FY2020First statedAnnual report
「Automotive-related sales account for more than half of the Group's revenue, and if a defect attributable to one of the Company's products occurs, customers may charge the Company for the associated response costs. In response, the Group is pursuing manufacturing processes that cannot cause quality issues, including obtaining IATF16949 (a quality management system for the automotive industry) certification and introducing automated quality inspection equipment.」
Against a backdrop of dependence on automotive-related sales, the risks of product defects and recall response costs, together with responses involving IATF16949 certification and the introduction of automated quality inspection equipment, are described comprehensively for the first time.