Product Defect and Product Liability Risk
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- FY2024RestatedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The company continues to identify the possibility of product defects and the possibility that compensation will not be fully covered by product liability insurance. - FY2022RestatedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The company continues to identify the possibility of product defects and the possibility that compensation will not be fully covered by product liability insurance. - FY2019RestatedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The company continues to identify the possibility of product defects and the possibility that compensation will not be fully covered by product liability insurance. - FY2018RestatedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The company continues to identify the possibility of product defects and the possibility that compensation will not be fully covered by product liability insurance. - FY2017RestatedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The company continues to disclose the possibility of product defects, the possibility that compensation will not be fully covered by insurance, and the potential impact on its valuation. - FY2016First statedAnnual report
「There is no guarantee that all products will be completely free of defects. We maintain product liability insurance covering our own products as well, but there is no guarantee that all compensation ultimately payable will be covered.」
The disclosure addresses the possibility of product defects and of compensation not being fully covered, while also referring to inspection and shipping systems and insurance.