Product Defects and Product Liability
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2020RestatedAnnual report
「The Group manufactures products in accordance with prescribed quality-control standards and works to ensure product quality. However, it cannot guarantee that all products will remain defect-free in the future or that no costs will arise from product-liability claims.」
While maintaining quality control and product liability insurance, the company reconfirms the possibility of impacts if product defects occur. - FY2019RestatedAnnual report
「The Group manufactures products in accordance with prescribed quality-control standards and works to ensure product quality. However, it cannot guarantee that all products will remain defect-free in the future or that no costs will arise from product-liability claims.」
Despite implementing quality control, the company reconfirms the possibility of product defects and product liability claims. - FY2018RestatedAnnual report
「The Group manufactures products in accordance with prescribed quality-control standards and works to ensure product quality. However, it cannot guarantee that all products will remain defect-free in the future or that no costs will arise from product-liability claims.」
While maintaining quality control and product liability insurance, the company reconfirms the risk of financial and performance impacts if product defects occur. - FY2016First statedAnnual report
「If a product defect giving rise to product liability occurs, it may affect the Group's financial position, operating results and other aspects of its business.」
The company describes quality control and insurance coverage while identifying the impact of defects as a risk.