Recall-Related Losses and Repair Measures
First written in FY2017-Q1. 13 of 28 entries say "Mitigated", first in FY2018. Latest entry: FY2024.
Twinbird moved to the "Worse" side of this theme in 2020, the same year as the typical company in this theme.
The whole theme swung hardest in 2024: 3 of 6 companies on the "Worse" side.
8 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「Provision for product repairs 26,354 -」
The provision for product repairs declined from ¥26.354 million at the end of the previous fiscal year to zero at the end of the current fiscal year, indicating that no estimated burden remained for repairs. - FY2024-Q2MitigatedAnnual report
「The provision for product repairs declined from ¥26.354 million at the end of the previous fiscal year to ¥23.063 million at the end of the second quarter accounting period.」
The provision for product repairs declined by ¥3.291 million from the end of the previous fiscal year, indicating a reduction in the remaining estimated burden related to repairs. - FY2024-Q1MitigatedAnnual report
「Provision for product repairs 26,354 25,456」
The provision for product repairs declined from ¥26.354 million at the end of the previous fiscal year to ¥25.456 million at the end of the first quarter, indicating a reduction in the remaining estimated burden related to repairs. - FY2023MitigatedAnnual report
「Provision for product repairs 28,069 26,354」
The provision for product repairs declined from ¥28.069 million at the end of the previous fiscal year to ¥26.354 million at the end of the current fiscal year. Compared with the end of the previous fiscal year, the remaining estimated burden related to repairs declined. - FY2023-Q3WorsenedAnnual report
「Provision for product repairs 28,069 25,786」
The provision for product repairs declined from ¥28.069 million at the end of the previous fiscal year to ¥25.786 million, but increased from ¥22.886 million at the end of the previous quarter, indicating that the estimated burden expanded in the latest quarter. - FY2023-Q2MitigatedAnnual report
「Provision for product repairs 28,069 22,886」
The provision for product repairs declined from ¥28.069 million at the end of the previous fiscal year to ¥22.886 million at the end of the second quarter, indicating a reduction in the remaining estimated burden related to repairs. - FY2023-Q1MitigatedAnnual report
「Provision for product repairs 28,069 25,750」
The provision for product repairs declined from ¥28.069 million at the end of the previous fiscal year to ¥25.750 million at the end of the first quarter, indicating a reduction in the remaining estimated burden related to repairs. - FY2022Recall provision eliminated, repair burden remainsAnnual report
「Reversal of provision for recall-related losses 6,629」Provision for product repairs 3,534 28,069」
The provision for recall-related losses was eliminated through a reversal, while the provision for product repairs increased from ¥3.534 million at the end of the previous fiscal year to ¥28.069 million, indicating that the overall burden associated with the recall response remained. - FY2022-Q3RestatedAnnual report
「Provision for product repairs 3,534 55,418」
The provision for product repairs increased from ¥3.534 million at the end of the previous fiscal year to ¥55.418 million at the end of the third quarter, indicating that the estimated burden related to repairs remained high. - FY2022-Q2WorsenedAnnual report
「Provision for product repairs 3,534 55,388」Provision expense for product repairs 5,184 55,388」
The provision for product repairs increased from ¥3.534 million at the end of the previous fiscal year to ¥55.388 million at the end of the second quarter, while provision expense for the cumulative second quarter was also ¥55.388 million. The estimated burden related to repairs increased substantially. - FY2022-Q1WorsenedAnnual report
「Provision for product repairs 3,534 27,883」
The provision for product repairs increased from ¥3.534 million at the end of the previous consolidated fiscal year to ¥27.883 million at the end of the first quarter, indicating that the estimated burden related to repairs had expanded. - FY2021WorsenedAnnual report
「Recall-related losses 13,636 Provision expense for recall-related losses 11,980」
The company recorded recall-related losses and provision expense for recall-related losses in the current fiscal year, despite having no balance in the previous fiscal year, indicating that the burden associated with the recall response has arisen again. - FY2021-Q3MitigatedAnnual report
「Provision for product repairs 6,191 7,957」
The provision for product repairs increased from ¥6.191 million at the end of the previous consolidated fiscal year to ¥7.957 million, but declined from ¥8.197 million at the end of the previous quarter, indicating a reduction in the remaining estimated burden compared with the immediately preceding quarter. - FY2021-Q2WorsenedAnnual report
「Provision for product repairs 6,191 8,197」
The provision for product repairs increased from ¥6.191 million at the end of the previous consolidated fiscal year to ¥8.197 million at the end of the second quarter. Provision expense for product repairs of ¥5.184 million was also recorded, indicating an increase in the estimated burden related to repairs. - FY2021-Q1WorsenedAnnual report
「Provision for product repairs 6,191 11,631」
The provision for product repairs increased from ¥6.191 million at the end of the previous consolidated fiscal year to ¥11.631 million at the end of the first quarter, indicating an increase in the estimated burden related to repairs. - FY2020WorsenedAnnual report
「Provision expense for product repairs 6,191」
Provision expense for product repairs increased from ¥1.590 million in the previous fiscal year to ¥6.191 million, indicating an increase in the estimated burden related to repairs in the current fiscal year. - FY2020-Q3WorsenedAnnual report
「Provision for product repairs 1,590 9,122」
The provision for product repairs increased from ¥1.590 million at the end of the previous consolidated fiscal year to ¥9.122 million at the end of the third quarter of the current consolidated fiscal year, indicating an increase in the estimated burden related to repairs. - FY2020-Q2MitigatedAnnual report
「Provision for product repairs 1,590 1,013」
The provision for product repairs declined from ¥1.590 million at the end of the previous consolidated fiscal year to ¥1.013 million at the end of the second quarter accounting period, indicating a reduction in the remaining estimated amount related to repairs. - FY2020-Q1WorsenedAnnual report
「Provision for product repairs 1,590 3,177」
The provision for product repairs increased from ¥1.590 million at the end of the previous consolidated fiscal year to ¥3.177 million at the end of the first quarter, indicating an increase in the estimated burden related to repairs. - FY2019MitigatedAnnual report
「Provision for product repairs 4,204 1,590」
The provision for product repairs declined from ¥4.204 million at the end of the previous consolidated fiscal year to ¥1.590 million at the end of the current fiscal year, indicating a reduction in the remaining estimated amount related to repairs. - FY2019-Q3MitigatedAnnual report
「Provision for product repairs 4,204 -」
The provision for product repairs fell from ¥4.204 million at the end of the previous consolidated fiscal year to zero at the end of the third quarter of the current consolidated fiscal year, indicating that no estimated amount remained for repairs. - FY2019-Q2MitigatedAnnual report
「Provision for product repairs 4,204 1,958」
The provision for product repairs declined from ¥4.204 million at the end of the previous consolidated fiscal year to ¥1.958 million at the end of the second quarter accounting period, indicating a reduction in the remaining estimated amount related to repairs. - FY2019-Q1MitigatedAnnual report
「Provision for product repairs 4,204 2,226」
The provision for product repairs declined from ¥4.204 million at the end of the previous consolidated fiscal year to ¥2.226 million at the end of the first quarter. - FY2018MitigatedAnnual report
「Reversal of provision for recall-related losses 2,756」
The company reversed the entire provision for recall-related losses and recorded a gain on reversal of ¥2.756 million. The provision for recall-related losses was zero at the end of the current fiscal year, indicating that the remaining estimated amount related to the previous recall response had declined. - FY2018-Q3RestatedAnnual report
「Provision for product repairs 8,859 9,992」
The provision for product repairs increased from ¥8.859 million at the end of the previous consolidated fiscal year to ¥9.992 million at the end of the third quarter of the current consolidated fiscal year, indicating an increase from the fiscal year-end level. - FY2018-Q2Increase in provision for product repairsAnnual report
「Provision for product repairs 8,859 12,535」
The provision for product repairs on the quarterly consolidated balance sheet increased from ¥8.859 million at the end of the previous consolidated fiscal year to ¥12.535 million. In addition, the company recorded ¥6.906 million in provision expense for product repairs during the cumulative second quarter. - FY2017RestatedAnnual report
「The company recorded the estimated losses associated with the voluntary recall and free replacement of electric kettles manufactured in 2013 and toaster ovens manufactured in 2014.」
The company continues to record estimated losses associated with the voluntary recall and free replacement of electric kettles and toaster ovens. - FY2017-Q1MaterialisedAnnual report
「Provision for recall-related losses 31,258」
The company recorded ¥31.258 million as a provision for recall-related losses in extraordinary losses for the first quarter, indicating that losses related to recalls had actually arisen.