Risk of Costs and Loss of Confidence from Product Defects and Recalls
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 13 of 34 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The group seeks to maintain and strengthen its quality control system, including by obtaining ISO 9001 and ISO 14001 certification at all production facilities. However, if, due to an unforeseen event, quality problems in finished products or recalls occur as a result of defects or other issues involving the group’s products, the resulting substantial costs and damage to the group’s reputation could affect its financial position and operating results.」
While indicating the maintenance and strengthening of its quality control system, including ISO certification at all production facilities, the company continues to identify the risks of product defects, quality problems and recalls. - FY2023RestatedAnnual report
「The group seeks to maintain and strengthen its quality control system, including by obtaining ISO 9001 and ISO 14001 certification at all production facilities. However, if, due to an unforeseen event, quality problems in finished products or recalls occur as a result of defects or other issues involving the group’s products, the resulting substantial costs and damage to the group’s reputation could affect its financial position and operating results.」
While indicating the maintenance and strengthening of its quality control system, including ISO certification at all production facilities, the company continues to identify the risks of product defects, quality problems and recalls. - FY2022RestatedAnnual report
「The group seeks to maintain and strengthen its quality control system, including by obtaining ISO 9001 and ISO 14001 certification at all production facilities. However, if, due to an unforeseen event, quality problems in finished products or recalls occur as a result of defects or other issues involving the group’s products, the resulting substantial costs and damage to the group’s reputation could affect its financial position and operating results.」
While indicating the maintenance and strengthening of its quality control system, including ISO certification at all production facilities, the company continues to identify the risks of product defects, quality problems and recalls. - FY2021RestatedAnnual report
「If, due to an unforeseen event, quality problems in finished products or recalls occur as a result of defects or other issues involving the group’s products, the resulting substantial costs and damage to the group’s reputation could affect its financial position and operating results.」
While maintaining and strengthening its quality control system, the company continues to disclose the risks of product defects, quality problems and recalls. - FY2020First statedAnnual report
「If, due to an unforeseen event, quality problems in finished products or recalls occur as a result of defects or other issues involving the group’s products, the resulting substantial costs and damage to the group’s reputation could affect its financial position and operating results.」
While maintaining and strengthening its quality control system, the company has newly identified the costs and reputational damage arising from product defects, quality problems in finished products and recalls as major risks.