Recalls and Product Liability Claims Due to Product Defects
First written in FY2018. 8 of 14 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Provision expense for product warranty provisions 18 —」
Compared with provision expense of ¥18 million for product warranty provisions in the previous year, there was no provision expense in the current year, reducing the current year's earnings impact of product warranties. - FY2025MaterialisedAnnual report
「Provision expense for product warranty provisions: ¥18 million」
The company recognized ¥18 million in provision expense for product warranty provisions as an extraordinary loss for costs relating to product defects and warranties. - FY2023-Q3MitigatedAnnual report
「In the printed wiring board business, the company recognized ¥3 million in provision expense for product warranty provisions as an extraordinary loss, representing the estimated amount payable for warranty claims relating to defects in its products and assembled products.」
Provision expense for product warranty provisions declined from ¥43 million in the same quarter of the previous year to ¥3 million, reducing the earnings impact of product warranty losses. - FY2023-Q2Decrease in provision for product warranties balanceAnnual report
「Product warranty provision 43 14」
The product warranty provision declined from ¥43 million at the end of the previous consolidated fiscal year to ¥14 million at the end of the second quarter of the current consolidated fiscal year. The company describes a change in the balance of the product warranty provision, but this does not indicate that a recall or product liability claims occurred. - FY2022-Q3MaterialisedAnnual report
「In the printed wiring board business, the company recognized ¥43 million in provision expense for product warranty provisions as an extraordinary loss, representing the estimated amount payable for warranty claims relating to defects in its products and assembled products.」
The company recognized ¥43 million in provision expense for product warranty provisions as the estimated amount payable for warranty claims relating to defects in its products and assembled products, meaning that the risk associated with product defects actually arose as warranty costs. This does not indicate that a large-scale recall or product liability claims occurred. - FY2020RestatedAnnual report
「If a situation were to arise involving a large-scale recall or product liability claims, the Group could be forced to bear a substantial financial burden.」
The company continues to describe the potential risks of large-scale recalls and product liability claims due to product defects. - FY2020-Q3RestatedAnnual report
「During the nine months ended December 31, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, there were no new business or other risks and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2020-Q1RestatedAnnual report
「During the cumulative period of the first quarter of the consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2019RestatedAnnual report
「If a situation were to arise involving a large-scale recall or product liability claims, the Group could be forced to bear a substantial financial burden.」
The company continues to describe the potential risks of large-scale recalls and product liability claims due to product defects. - FY2019-Q3RestatedAnnual report
「During the nine months ended December 31, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal year, there were no new business or other risks and no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2019-Q1RestatedAnnual report
「During the cumulative period of the first quarter of the consolidated fiscal year, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes in the risk of recalls and product liability claims due to product defects. - FY2018First statedAnnual report
「If a situation were to arise involving a large-scale recall or product liability claims, the Group could be forced to bear a substantial financial burden.」
The company identifies large-scale recalls and product liability claims arising from defects in printed wiring boards as potential financial burden risks.