LSI Product Quality, Reliability and Product Liability
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2023RestatedAnnual report
「To date, there have been no product liability lawsuits against the Group's products under the Product Liability Act or any other law. However, there is no guarantee that such lawsuits will not arise in the future, nor can the Group necessarily avoid providing LSI products or other products with defects that could generally cause damage to end customers or others.」
While stating that there is no history of litigation, the Company has reconfirmed the future risks of product defects and product liability. - FY2022RestatedAnnual report
「To date, there have been no product liability lawsuits against the Group's products under the Product Liability Act or any other law. However, there is no guarantee that such lawsuits will not arise in the future, nor can the Group necessarily avoid providing LSI products or other products with defects that could generally cause damage to end customers or others.」
The Company has reiterated the future risks of product defects and product liability. - FY2017RestatedAnnual report
「To date, there have been no product liability lawsuits against the Company's products under the Product Liability Act or any other law. However, there is no guarantee that such lawsuits will not arise in the future, nor can the Company necessarily avoid providing LSI products or other products with defects that could generally cause damage to end customers or others.」
Although there are currently no lawsuits, the Company has reiterated the future risks of product defects and product liability. - FY2016First statedAnnual report
「To date, there have been no product liability lawsuits against the Company's products under the Product Liability Act or any other law. However, there is no guarantee that such lawsuits will not arise in the future, nor can the Company completely avoid providing LSI products or other products with defects that could generally cause damage to end customers or others.」
Although there are currently no lawsuits, product defects and product liability are identified as future risks.