Product Defects, Recalls and Product Liability
First written in FY2016. 9 of 15 entries say "Restated". Latest entry: 2026-10-09.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2026MaterialisedAnnual report
「The Company has continued its investigation, including into whether any other accounting treatments or quality and inspection-related issues subsequently came to light.」
An investigation by the independent committee identified issues in the Company's quality control and quality assurance, as well as data falsification and other matters, bringing the previously identified product defect risk to light as an actual quality control issue. - 2026-09-29MaterialisedEarnings
「実際には試験を行わず、過去の試験データや Excel の乱数機能等を用いてデータを作成し、これを用いた試験報告書を顧客に提出していたほか、実際に試験を行った場合にも、規格外又は不自然なデータについて、除外又は書換え等が行われていたことが確認されました。」
顧客への4M変更申請の省略、試験を伴わない報告書作成、試験データの除外・書換え及び工場での検査省略・数値記載が、第三者委員会の調査結果として具体化した。 - FY2022-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2020-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2020-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2019RestatedAnnual report
「The Group manufactures all of its products under an internationally standardized quality management system. However, there is no guarantee that all products will be free of defects or that recalls will not occur in the future.」
The Group reconfirms the risks of product defects and recalls while outlining its response through its quality management system. - FY2019-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2019-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2019-Q1RestatedAnnual report
「During the three-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks. - FY2018-Q3RestatedAnnual report
「During the nine-month cumulative period, there were no new business or other risks, nor any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Group states that there have been no material changes in the product-defect, recall and product-liability risks disclosed in the previous fiscal year. - FY2017RestatedAnnual report
「The Group manufactures all of its products under an internationally standardized quality management system. However, there is no guarantee that all products will be free of defects or that recalls will not occur in the future.」
The Group continues to recognize the risk of product defects and recalls while outlining its response through its quality management system. - FY2016First statedAnnual report
「Many of the Group's products are required to provide a high level of reliability, and the Group exercises the utmost care at every stage from development through shipment. However, if a product defect occurs that leads to a large-scale recall or product-liability damages, it could entail substantial costs and have a serious impact on the Group's reputation, as well as affecting its operating results and financial condition.」
Quality risk relating to products requiring high reliability, including automotive products.