Risk of Damages and Lost Sales Due to Product Defects
First written in FY2021. 4 of 5 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2025RestatedAnnual report
「If such a defect occurs, materials or manufacturing methods may need to be changed, together with the associated capital investment. In addition, if implementing these corrective measures takes time, there is a risk of losing sales of the product concerned.」
The company continues to recognize the possibility of changes to materials and manufacturing methods, capital investment and lost sales arising from product defects. - FY2024RestatedAnnual report
「If such a defect occurs, materials or manufacturing methods may need to be changed, together with the associated capital investment. In addition, if implementing these corrective measures takes time, there is a risk of losing sales of the product concerned.」
The company continues to recognize the possibility of changes to materials and manufacturing methods, capital investment and lost sales arising from product defects. - FY2023RestatedAnnual report
「If such a defect occurs, materials or manufacturing methods may need to be changed, together with the associated capital investment. In addition, if implementing these corrective measures takes time, there is a risk of losing sales of the product concerned.」
The company continues to recognize the possibility of changes to materials and manufacturing methods, capital investment and lost sales arising from product defects. - FY2022RestatedAnnual report
「There is also a possibility that materials or manufacturing methods may need to be changed, together with the associated capital investment. In addition, if implementing these corrective measures takes time, there is a risk of losing sales of the product concerned.」
In addition to liability claims arising from product defects, the company continues to recognize the possibility of changes to materials and manufacturing methods, capital investment and lost sales. - FY2021First statedAnnual report
「If a claim arises due to a serious product defect caused by deficiencies in development and design, manufacturing or inspection processes, and the Group is required to pay damages exceeding its insurance coverage, the payment of damages could affect the Group's financial results.」
The operation of control standards and procedures based on the quality control regulations is the response measure.