Product Quality Issues and Recall Risk
First written in FY2019. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- FY2023RestatedAnnual report
「Product defects that could lead to large-scale product recalls, repairs and liability for damages may result in substantial costs and a decline in social credibility, and may adversely affect the group's operating performance and financial condition.」
The risks of an impact on operating performance and financial condition from product defects, recalls, repairs and liability for damages were reiterated. - FY2021RestatedAnnual report
「Product defects that could lead to large-scale product recalls, repairs and liability for damages may result in substantial costs and a decline in social credibility, and may adversely affect the group's operating performance and financial condition.」
The risks associated with product quality issues, recalls, repairs and liability for damages were reiterated. - FY2019First statedAnnual report
「Product defects that could lead to large-scale product recalls, repairs and liability for damages may result in substantial costs and a decline in social credibility, and may adversely affect the group's operating performance and financial condition.」
While addressing ISO 9001 and safety standards, the risks of product defects, recalls, repairs and liability for damages were organized and disclosed separately for the first time.