Product Defects and Product Liability
First written in FY2016. 5 of 7 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2022RestatedAnnual report
「Although we recognize that it is difficult to eliminate this risk completely, we are steadily strengthening our quality assurance system by improving design quality, enhancing production processes and inspection systems, and expanding quality training.」
While recognizing that product defect and product liability risks remain, the company continues to strengthen its quality assurance system through design, production processes, inspections and training. - FY2021MitigatedAnnual report
「Although we recognize that it is difficult to eliminate this risk completely, we are steadily strengthening our quality assurance system by improving design quality, enhancing production processes and inspection systems, and expanding quality training.」
While acknowledging that product defect and product liability risks remain, the company is implementing specific measures to strengthen its quality assurance system through design, production processes, inspections and training. - FY2020RestatedAnnual report
「The products provided by our group are manufactured and shipped under a stringent quality control system. Although we have established a management system for responding promptly when defects or other issues arise, any problems related to the Consumer Product Safety Act or the Product Liability Act could damage our social reputation and corporate image, potentially affecting our group's financial position and operating results.」
The risk of damage to our social reputation due to product defects and product liability remains, while our quality control and prompt-response systems continue to operate. - FY2019RestatedAnnual report
「The company has established a management system for responding promptly if defects or other problems occur, but problems related to the Consumer Product Safety Act or the Product Liability Act could damage its social reputation and corporate image and affect the financial condition and operating results of the Group.」
The company continues to identify the risk of damage to its social reputation associated with product defects and product liability, while outlining systems for quality control and prompt response. - FY2018RestatedAnnual report
「The company has established a management system for responding promptly if defects or other problems occur, but problems related to the Consumer Product Safety Act or the Product Liability Act could damage its social reputation and corporate image and affect the financial condition and operating results of the Group.」
The company continues to identify the risk of damage to its social reputation associated with product defects and product liability, while outlining systems for quality control and prompt response. - FY2017RestatedAnnual report
「The company has established a management system for responding promptly if defects or other problems occur, but problems related to the Consumer Product Safety Act or the Product Liability Act could damage its social reputation and corporate image and affect the financial condition and operating results of the Group.」
The company continues to identify the risk of damage to its social reputation associated with product defects and product liability, while outlining systems for quality control and prompt response. - FY2016First statedAnnual report
「The company has established a management system for responding promptly if defects or other problems occur, but problems related to the Consumer Product Safety Act or the Product Liability Act could damage its social reputation and corporate image and affect the financial condition and operating results of the Group.」
The company has established quality control and prompt-response systems, while identifying damage to its social reputation when problems related to laws and regulations occur as a risk.