Product defects, voluntary recalls and damages
First written in FY2017. 3 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 13 of 61 companies on the "Worse" side.
- FY2025RestatedAnnual report
「On the other hand, if a person suffers harm while using a product, the Company will respond in good faith, but depending on the circumstances, substantial damages could be incurred.」
In addition to the risks of product defects and voluntary recalls, the risk of substantial damages in the event of personal injury continues to be described. - FY2023RestatedAnnual report
「If a person suffers harm while using a product, the Company will respond in good faith, but depending on the circumstances, substantial damages could be incurred.」
The risk of damages associated with product defects and personal injury continues to be described. - FY2020ReframedAnnual report
「On the other hand, if a person suffers harm while using a product, the Company will respond in good faith, but depending on the circumstances, substantial damages could be incurred.」
The Company added that ordinary recall costs related to product defects are limited, while concluding that the risk of substantial damages remains if personal injury occurs. - FY2019RestatedAnnual report
「If a product defect requiring a voluntary recall occurs, or if the defect causes damage to a third party, claims for damages and other matters could affect the Group's performance.」
The risks of damages arising from product defects, voluntary recalls and harm to third parties continue to be described. - FY2017First statedAnnual report
「If a product defect requiring a voluntary recall occurs, or if the defect causes damage to a third party, claims for damages and other matters could affect the Group's performance.」
While describing its quality control activities, the Company indicates that defects leading to voluntary recalls and damage to third parties could affect performance.