Product Defects and Liability Risk
First written in FY2016. 4 of 5 entries say "Mitigated", first in FY2022. Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2025MitigatedAnnual report
「Regarding quality compliance issues, the Group is strengthening initiatives including education, physical measures in manufacturing and inspection environments, and audits using the three lines of defense.」
The response to product safety and defect risks was expanded to include education, physical measures in manufacturing and inspection environments, and audits based on the three lines of defense. - FY2024MitigatedAnnual report
「As part of its proactive response to chemical substance regulations, the Group has joined specific industry organizations to obtain regulatory information from the deliberation stage and strengthen its initiatives, including promoting compliance across the industry through industry organizations.」
In addition to quality management, consideration of PFAS alternatives, and chemical substance management, the Group strengthened its proactive response by obtaining information from the regulatory deliberation stage. - FY2023MitigatedAnnual report
「In addition, the Group is considering alternatives to PFAS products, whose regulation is expected to become more stringent, and is strengthening its management systems for bisphenols, vinyl chloride, and other substances.」
In addition to quality management, the Group identified the consideration of PFAS alternatives and strengthened management of specified chemical substances as responses to product safety and defect risks. - FY2022MitigatedAnnual report
「The Group certifies and operates stringent international quality management systems appropriate to each industry, and also works on advanced chemical substance management to earn public trust and achieve continuous improvement through early detection of issues.」
As responses to product defect risks, the Group identified international quality management systems and chemical substance management. - FY2016First statedAnnual report
「However, it is difficult to completely eliminate liability risks arising from product defects. If liability exceeding the coverage of product liability insurance arises, it could affect the Group’s business performance.」
While manufacturing in accordance with international quality management systems, the Group identifies liability risks arising from product defects as residual risks.