Product Liability and Voluntary Recall Risks for Healthcare Products
First written in FY2018. 2 of 3 entries say "Restated". Latest entry: FY2021.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2021RestatedAnnual report
「All products and merchandise handled by the Group inherently carry product liability risks. In particular, in the healthcare field, which the Group is pursuing as a new business, it sells the “WILMO electrical stimulation device,” a controlled medical device.」
The product liability risk for all products and merchandise, and the risks of voluntary recalls and associated costs relating to controlled medical devices in the healthcare field, continue to be disclosed. - FY2020RestatedAnnual report
「All products and merchandise handled by the Group inherently carry product liability risks. In particular, in the healthcare field, which the Group is pursuing as a new business, it sells the “WILMO electrical stimulation device,” a controlled medical device.」
Product liability risk has been expanded to cover all products and merchandise, while the risks of voluntary recalls and associated costs for healthcare products continue to be disclosed. - FY2018First statedAnnual report
「In particular, in the healthcare field, which the Group is pursuing as a new business, it sells the “WILMO electrical stimulation device,” a controlled medical device. If any problem occurs with this product, the Group may conduct a voluntary recall after considering its effects on and potential harm to the human body. Such a recall could require considerable time and expense and affect the Group’s financial results.」
For controlled medical devices in the healthcare field, the potential effects on the human body, voluntary recalls and associated costs in the event of a product problem are disclosed.