Reputational and Cost Burdens Arising from Product Defects and Quality Issues
First written in FY2016. 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
「Our group's production plants manufacture products in accordance with internationally recognized quality control standards. However, as an increasing number of our group's products use advanced and complex technologies, and as some components are procured from external suppliers, quality control has become more complex. Accordingly, there can be no assurance that all products will be free of defects.」
While quality control standards are applied, the possibility of quality issues associated with increasingly advanced products and external procurement was reconfirmed. - FY2017RestatedAnnual report
「Our group's production plants manufacture products in accordance with internationally recognized quality control standards. However, as an increasing number of our group's products use advanced and complex technologies, and as some components are procured from external suppliers, quality control has become more complex. Accordingly, there can be no assurance that all products will be free of defects.」
While manufacturing is conducted in accordance with quality control standards, the possibility of quality issues arising from increasingly advanced products and external procurement was reiterated. - FY2016First statedAnnual report
「As an increasing number of products manufactured by our group use advanced and complex technologies, and as some components are procured from external suppliers, quality control has become more complex. Accordingly, there can be no assurance that all products will be free of defects.」
While manufacturing is conducted in accordance with quality control standards, quality control has become more complex as products have become more advanced and external procurement has increased.