Risk of game defects and warranty liability
First written in FY2021. 2 of 3 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2023: 2 of 18 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If unexpected defects or other problems occur, it may be necessary to take measures such as free repairs, which could affect our group’s financial position and operating results.」
The company has reaffirmed the risk of financial and performance impacts from free repairs or similar measures if defects occur in a contracted game. - FY2022RestatedAnnual report
「Although our group maintains rigorous quality control, if unexpected defects or other problems occur, it may be required to take measures such as free repairs, which could affect our group’s financial position and operating results.」
The company has reaffirmed the risk that free repairs or similar measures may be required if defects occur in a contracted game. - FY2021First statedAnnual report
「When our group develops a game under contract, it is generally liable under warranty for the software delivered to the customer. Although our group maintains rigorous quality control, if unexpected defects or other problems occur, it may be required to make free repairs, which could affect our group’s financial position and operating results.」
The company identifies as a new risk the need for free repairs and the resulting financial and performance impact if defects occur after delivery of a contracted game.