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Nippon Chemi-Con (6997) · RiskMitigated

Impact of Product Defects on Business Performance and Financial Position

First written in FY2016. 1 of 3 entries say "Restated". Latest entry: FY2021.

3entries
6years
0from disclosures
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ProgressHeldSoftenedWorseFirst statedFY2016 – FY20182016: 120162017: 020172018: 120182019: 020192020: 020202021: 12021
Same theme, other companies
Product and Sold-Product Quality Defect, Quality Assurance and Product Liability RiskA theme 582 companies write about · 605 as a headwind · 2 as a tailwind

The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.

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Showing 14 of the 194 companies compared. The sentences above are computed from all 194.Comparing 200 of the theme's 607 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2021MitigatedAnnual report

    「The Company has obtained ISO 9001 and IATF 16949 certification at all production sites and is working to strengthen quality control. However, the occurrence of a major product defect could affect our Group's performance and financial condition.」

    While the Group has obtained ISO 9001 and IATF 16949 certification at all production sites and strengthened quality control, it continues to disclose the risk of a major product defect.
  2. FY2018RestatedAnnual report

    「Although we will continue to strengthen quality control, the occurrence of a major product defect could affect our Group's performance and financial condition.」

    While indicating its policy of strengthening quality control, the Group continues to disclose the possibility that a major product defect could affect performance and financial condition.
  3. FY2016First statedAnnual report

    「However, there is no guarantee that defects will not occur in any of our products in the future. In addition, although we maintain product liability insurance, there is no guarantee that the insurance will provide sufficient coverage for the amount of compensation payable.」

    While disclosing global quality-control standards and its insurance coverage, the Group recognizes the possibility of a major product defect as a risk.
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Impact of Product Defects on Business Performance and Financial Position | NIPPON CHEMI-CON CORPORATION (6997) | Komori