Quality compensation loss related to market claims
First written in FY2017. 8 of 16 entries say "Mitigated", first in FY2019-Q2. Latest entry: 2026-10-28.
The whole theme swung hardest in 2026: 9 of 42 companies on the "Worse" side.
20 other companies' latest entry also says "Mitigated".
- FY2026MaterialisedAnnual report
「Following a filing with the U.S. Department of Transportation's National Highway Traffic Safety Administration by a customer regarding a market recall because some products manufactured by our North American consolidated subsidiary may have defects, we have recognized a provision for product warranties based on currently available information, including the number of units subject to the recall, as the estimated amount of warranty costs expected to arise.」
Warranty costs related to recalls of products manufactured by the North American subsidiary continue to arise, with product warranty provision expense of ¥67 million for the current fiscal year and an ending balance of ¥181 million. - 2026-05-28WorsenedGeneral Meetings of Shareholders
「製品保証引当金 181百万円」
北米連結子会社製品のリコールに伴う製品保証引当金について、当期の見積額181百万円を計上し、追加計上または戻入の可能性があると記載している。 - FY2026-H1MitigatedAnnual report
「Provision for product warranties ¥218 million ¥162 million」
The provision for product warranties decreased from ¥218 million at the end of the previous consolidated fiscal year to ¥162 million. No product warranty provision expense is reported among extraordinary losses for the current interim period. - FY2025-H1MitigatedAnnual report
「Provision for product warranties ¥403 million ¥172 million」
The provision for product warranties decreased from ¥403 million at the end of the previous consolidated fiscal year to ¥172 million. No product warranty provision expense is reported among extraordinary losses for the current interim period. - FY2024MitigatedAnnual report
「Provision for product warranties ¥583 million ¥403 million」
The provision for product warranties decreased from ¥583 million at the end of the previous fiscal year to ¥403 million, and no product warranty provision expense was recognized in the current fiscal year. Meanwhile, the estimated risk of warranty costs associated with recalls of products manufactured by the North American subsidiary continues to be reported. - FY2024-Q3MitigatedAnnual report
「Provision for product warranty expense 220 －」
Although ¥220 million in product warranty provision expense was recognized in the same period of the previous year, no amount was recognized for the cumulative third quarter of the current fiscal year. The additional burden related to product defects arising in the previous fiscal year is not reported for the current cumulative period. - FY2023-Q3MaterialisedAnnual report
「In the previous consolidated fiscal year, we recognized ¥500 million as a provision for product warranties for costs related to defects in some products manufactured by our Group. Following a review of the provision, we recognized an additional ¥220 million provision for product warranties as an extraordinary loss during the cumulative third quarter of the current consolidated fiscal year.」
Regarding the provision for product warranties for defects in some products, an additional ¥220 million has been recognized following a review of the provision, in addition to the ¥500 million recognized in the previous fiscal year. Quality-related costs have therefore arisen in the form of an additional provision for product warranties, replacing the previous quality compensation losses related to market claims. - FY2019MitigatedAnnual report
「Quality compensation loss ¥59 million ¥0 million」
Compared with the ¥59 million quality compensation loss recognized in the same period of the previous year, the amount recognized in the current consolidated fiscal year was ¥0 million. - FY2019-Q3RestatedAnnual report
「Prior cumulative third quarter (1 April 2017 to 31 December 2017) Current cumulative third quarter (1 April 2018 to 31 December 2018) Quality compensation loss ¥59 million ¥0 million」
Although a ¥59 million quality compensation loss related to market claims was recognized in the same period of the previous year, the amount recognized for the cumulative third quarter of the current fiscal year was ¥0 million, restating the absence of recognition that has continued since FY2019-Q2. - FY2019-Q2MitigatedAnnual report
「Prior cumulative second quarter (1 April 2017 to 30 September 2017) Current cumulative second quarter (1 April 2018 to 30 September 2018) Quality compensation loss ¥59 million ¥0 million」
Although a ¥59 million quality compensation loss related to market claims was recognized in the same period of the previous year, the amount recognized for the cumulative second quarter of the current fiscal year was ¥0 million. - FY2018MaterialisedAnnual report
「Due to market claims concerning our products, we recognized a quality compensation loss as an extraordinary loss.」
A quality compensation loss related to market claims was also incurred in the current fiscal year, and ¥59 million was recognized. This was an increase from ¥45 million in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「Due to market claims concerning our products, we recognized a ¥59 million quality compensation loss as an extraordinary loss during the cumulative third quarter of the fiscal year under review.」
The recognition of a ¥59 million quality compensation loss related to market claims is reported again, following the cumulative second quarter. - FY2018-Q2MaterialisedAnnual report
「Due to market claims concerning our products, we recognized a ¥59 million quality compensation loss as an extraordinary loss during the cumulative second quarter of the fiscal year under review.」
A quality compensation loss related to market claims was incurred during the cumulative second quarter of the fiscal year under review, and ¥59 million was recognized as an extraordinary loss. - FY2017MaterialisedAnnual report
「In connection with market claims relating to the Group’s products, the Group recorded a ¥45 million quality compensation loss as an extraordinary loss during the consolidated fiscal year.」
A quality compensation loss associated with market claims occurred during the year, and ¥45 million was recorded as an extraordinary loss.