Credit and Product Liability Risks Arising from Defects in Brand Development and EC Products
First written in FY2020. 12 of 14 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 3 of 15 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand and e-commerce products. - FY2025RestatedAnnual report
「In its marketing business, the Group develops and sells products available exclusively through cosmetic clinics and imports and sells cosmetics. The Group complies with applicable laws and regulations and its agreements with suppliers in this area and has established the necessary product management systems. However, if a product has a defect or similar issue and a safety problem arises, the Group's results could be affected by loss of trust, product liability and other consequences.」
The company has reconfirmed the risks of product defects, loss of confidence and product liability associated with developing and selling products available exclusively through cosmetic clinics and cosmetics. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business or other risks, nor any significant changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor 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 regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor 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 regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2022ReframedAnnual report
「From the fiscal year ended March 2023, the Group launched the medical beauty business as a new area within its marketing business, developing and selling products available exclusively through cosmetic clinics and operating an e-commerce marketplace for such products. As with ③, the Group complies with applicable laws and regulations and its agreements with suppliers in this area and has established the necessary product management systems. However, if a product has a defect or similar issue and a safety problem arises, the Group's results could be affected by loss of trust, product liability and other consequences.」
In addition to the product defect risk in the existing brand and media development businesses, the company explicitly identifies the same risk for products sold exclusively through cosmetic clinics in the medical beauty business launched in the fiscal year ended March 2023. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the previous fiscal year’s annual securities report.」
The company states that there have been no material changes regarding credit and product liability risks arising from defects in brand-developed and e-commerce products. - FY2020First statedAnnual report
「Although the Company complies with applicable laws and regulations and its contracts with suppliers in this area and has established the necessary product management systems, if products have defects or other issues that cause safety problems, the Group's results could be affected by loss of trust, product liability claims and other consequences.」
The Company identifies declines in credibility, product liability and potential impacts on results arising from product defects and safety issues as new risks associated with the launch of the brand development and EC Business.