Product Liability and Product Defect Risk
First written in FY2016. 21 of 24 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new business risks or material changes to the business risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2024-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2024-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2023-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2023-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2023-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2022-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2022-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes regarding product liability and product defect risks. - FY2021-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2021-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2021-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2020MitigatedAnnual report
「The company compiles customers' product requirements into specifications in accordance with its quality management system, which follows international quality management standards, including ISO standards, and obtains customer approval before starting production. In addition, relevant departments, including the Technical Department, Design Department, and Export Trade Control Office, share information and verify from a specialist perspective that the requirements and products are consistent.」
The company describes its quality management system, advance approval process, and specification reviews by relevant departments as specific controls addressing product liability and product defect risks. - FY2020-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2019-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2019-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company confirms that there have been no material changes regarding product liability and product defect risks. - FY2018RestatedAnnual report
「The company manufactures various products in accordance with international quality management standards, including ISO standards, but these products may develop unforeseeable defects. In addition, the Group sells products configured for destinations specified in advance by customers. However, inadequate understanding of those destinations may result in inappropriate sales, and failure to make the specification changes required when products are diverted through the original destination to another destination may result in damages claims against the Group.」
The company continues to disclose product defects, damages claims arising from inadequate understanding of destinations or failure to make specification changes when products are diverted, and the limitations of insurance coverage as a response. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The summary states that there have been no material changes since the previous fiscal year regarding product liability and product defect risks, confirming that the disclosure continues. - FY2018-Q2RestatedAnnual report
「During the six-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The summary states that there have been no material changes since the previous fiscal year regarding product liability and product defect risks, confirming that the disclosure continues. - FY2018-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The summary states that there have been no material changes since the previous fiscal year regarding product liability and product defect risks, confirming that the disclosure continues. - FY2017Greater Specificity and Expansion of Risk FactorsAnnual report
「The Group sells products configured for destinations specified in advance by customers. However, inadequate understanding of those destinations may result in inappropriate sales, and failure to make the specification changes required when products are diverted through the original destination to another destination may result in damages claims against the Group, potentially affecting its operating results and financial condition.」
In addition to the existing disclosures on product defects and product liability insurance, the company specifies the risk of damages claims arising from inadequate understanding of destinations and failure to make required specification changes when products are diverted. - FY2016First statedAnnual report
「The company manufactures various products in accordance with international quality management standards, including ISO standards, but these products may develop unforeseeable defects. The Group has product liability insurance, but there is no assurance that the insurance will ultimately provide sufficient coverage for the amount of damages payable.」
The company discloses the risks of product defects and damages claims while describing its response through ISO quality management standards and product liability insurance.