Product Defects, Recalls and Suspension of Deliveries
First written in FY2016. 4 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「Product warranty provision 372 1,396」
The product warranty provision increased from ¥372 million in the previous fiscal year to ¥1,396 million. Estimated future warranty costs associated with product quality risk have increased substantially. - FY2024RestatedAnnual report
「However, there is no guarantee that quality issues will not arise in the future, and if circumstances such as product recalls, replacements or claims for damages occur, the Group’s business performance could be affected.」
While maintaining its quality-control system, the company continues to disclose the possibility of quality issues leading to product recalls, replacements or claims for damages. - FY2019RestatedAnnual report
「The Group manufactures products in accordance with prescribed quality-control standards and has established a strict quality-control system to prevent defective products from reaching the market. However, there is no guarantee that quality issues will not arise in the future, and if circumstances such as product recalls, replacements or claims for damages occur, the Group’s business performance could be affected.」
While maintaining a quality-control system, the company continues to disclose the possibility of quality issues leading to product recalls, replacements or claims for damages. - FY2018RestatedAnnual report
「Product defects that lead to large-scale recalls or shipment suspensions could adversely affect the Group’s business performance and financial position.」
The company continues to disclose the potential impact of product defects, recalls and shipment suspensions on business performance and financial position. - FY2017RestatedAnnual report
「Product defects that lead to large-scale recalls or shipment suspensions could adversely affect the Group’s business performance and financial position.」
The company continues to disclose the potential impact of product defects, recalls and shipment suspensions on business performance and financial position. - FY2016First statedAnnual report
「Product defects that lead to large-scale recalls or shipment suspensions could adversely affect the Group’s business performance and financial position.」
Although it describes high quality-control standards, the company discloses product defects and their potential knock-on effects as risks.