Risk of damages claims due to quality defects
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 7 of 32 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「The Group has established a Quality and Production Meeting under the Management Meeting, the company-wide consultative body for business execution, and works to ensure company-wide quality control. It also conducts rigorous testing at customer sites.」
The ongoing response through the Quality and Production Meeting, customer acceptance testing and product liability insurance. - FY2024RestatedAnnual report
「The Group has established a Quality and Production Meeting under the Management Meeting, the company-wide consultative body for business execution, and works to ensure company-wide quality control. It also conducts rigorous testing at customer sites.」
The ongoing response through the Quality and Production Meeting, customer acceptance testing and product liability insurance. - FY2022RestatedAnnual report
「The Group has established a Quality and Production Meeting under the Management Meeting, the company-wide consultative body for business execution, and works to ensure company-wide quality control. It also conducts rigorous testing at customer sites. However, if customers incur losses due to quality defects attributable to the Group and the product liability insurance maintained by the Company is insufficient to fully cover the damages, this could adversely affect the Group's financial condition and operating results.」
The ongoing response through the Quality and Production Meeting, customer acceptance testing and product liability insurance. - FY2021RestatedAnnual report
「However, if customers suffer damage due to product defects attributable to our Group and the product liability insurance held by the Company is insufficient to cover the damages, this could adversely affect the financial position and performance of our Group.」
The risk of claims for damages due to quality defects and the ongoing response through the Quality and Production Meeting and customer acceptance testing. - FY2020First statedAnnual report
「However, if customers suffer damage due to product defects attributable to our Group and the product liability insurance held by the Company is insufficient to cover the damages, this could adversely affect the financial position and performance of our Group.」
A Quality and Production Meeting has been established under the Management Meeting, with company-wide quality control and testing at delivery destinations carried out.