Risk of Large-Scale Recalls and Product Liability Claims
First written in FY2016. 8 of 9 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
The disclosure states that there have been no material changes in the principal risks, and indicates no new changes in the risk of a large-scale product recall and product liability claims. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the principal risks, and indicates no new developments in the risk of a large-scale product recall and product liability claims. - FY2022RestatedAnnual report
「If a product defect occurs that leads to a large-scale recall or product liability claims exceeding the insured amount, this may reduce the Group's future growth and profitability and affect its operating results and financial condition.」
The risk of a large-scale product recall and product liability claims continues to be disclosed. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the principal risks, and indicates no new changes in the risk of a large-scale product recall and product liability claims. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The disclosure states that there have been no material changes in the principal risks, and indicates no new developments in the risk of a large-scale product recall and product liability claims. - FY2021RestatedAnnual report
「If a product defect occurs that leads to a large-scale recall or product liability claims exceeding the insured amount, this may reduce the Group's future growth and profitability and affect its operating results and financial condition.」
The risk of a large-scale product recall and product liability claims continues to be disclosed. - FY2018RestatedAnnual report
「If a product defect occurs that leads to a large-scale recall or product liability claims exceeding the insured amount, this may reduce the Group's future growth and profitability and affect its operating results and financial condition.」
The risk of a large-scale product recall and product liability claims continues to be disclosed. - FY2017RestatedAnnual report
「If a product defect occurs that leads to a large-scale recall or product liability claims exceeding the insured amount, this may reduce the Group's future growth and profitability and affect its operating results and financial condition.」
The risk of a large-scale product recall and product liability claims continues to be disclosed. - FY2016First statedAnnual report
「If a product defect occurs that leads to a large-scale recall or product liability claims exceeding the insured amount, this may reduce the Group's future growth and profitability and affect its operating results and financial condition.」
While the Group records a provision for product warranties, it identifies the impact of a serious product defect as a risk.