Risk of Product Defects, Recalls and Product Liability
First written in FY2016. 9 of 17 entries say "Mitigated", first in FY2021. Latest entry: FY2027-H1.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- FY2027-H1MitigatedAnnual report
「Provision for product warranties 21」
The provision for product warranties decreased from ¥22 million at the end of the previous fiscal year to ¥21 million, indicating a slight reduction in the burden related to product defects and compensation. - FY2026MitigatedAnnual report
「Product warranty provision 22」
The balance of the product warranty provision decreased from ¥37 million at the end of the previous fiscal year to ¥22 million, reducing the burden related to product defects and compensation. - FY2025MitigatedAnnual report
「Product warranty provision 37」
The balance of the product warranty provision decreased from ¥74 million at the end of the previous fiscal year to ¥37 million, reducing the burden related to product defects and compensation. - FY2024MitigatedAnnual report
「Product warranty provision 74」
The balance of the product warranty provision decreased from ¥152 million at the end of the previous fiscal year to ¥74 million, reducing the burden related to product defects and compensation. - FY2024-Q3WorsenedAnnual report
「Product warranty provision 554」
The balance of the product warranty provision increased from ¥152 million at the end of the previous consolidated fiscal year to ¥554 million, increasing the burden related to product defects and compensation. - FY2024-Q2WorsenedAnnual report
「Product warranty provision 447」
The balance of the product warranty provision increased from ¥152 million at the end of the previous consolidated fiscal year to ¥447 million, increasing the burden related to product defects and compensation. - FY2024-Q1MitigatedAnnual report
「Product warranty provision 135」
The balance of the product warranty provision decreased from ¥152 million at the end of the previous consolidated fiscal year to ¥135 million, reducing the burden related to product defects and compensation. - FY2023MitigatedAnnual report
「Product warranty provision 152」
The balance of the product warranty provision decreased from ¥212 million at the end of the previous fiscal year to ¥152 million. - FY2023-Q1WorsenedAnnual report
「Product warranty provision 221」
The balance of the product warranty provision increased from ¥212 million at the end of the previous consolidated fiscal year to ¥221 million. - FY2022MitigatedAnnual report
「To mitigate these risks, our group maintains a production and supply system that earns customer trust by establishing a framework to evaluate and assure product quality throughout the process from development through mass production.」
To address product defect and recall risks, the company has established and maintained quality evaluation and assurance systems covering the period from development through mass production. The balance of the product warranty provision also decreased from ¥235 million to ¥212 million. - FY2022-Q2MitigatedAnnual report
「Provision for product warranties 214」
The balance of the provision for product warranties decreased from ¥235 million at the end of the previous consolidated fiscal year to ¥214 million. - FY2021MitigatedAnnual report
「Provision for product warranties 235」
The provision for product warranties decreased from ¥1,144 million at the end of the previous fiscal year to ¥235 million. The company also explains that it has established a system to evaluate and assure quality from development through mass production. - FY2021-Q3Balance of provision for product warranties decreased furtherAnnual report
「Provision for product warranties 897」
The provision for product warranties decreased from ¥1,144 million at the end of the previous consolidated fiscal year to ¥897 million, a decrease of ¥247 million. - FY2021-Q2Balance of provision for product warranties decreasedAnnual report
「Provision for product warranties 1,100」
The provision for product warranties decreased from ¥1,144 million at the end of the previous consolidated fiscal year to ¥1,100 million. The main text provides no particular explanation for the decrease. - FY2020WorsenedAnnual report
「Provision for product warranties 1,144」
The provision for product warranties increased from ¥928 million at the end of the previous fiscal year to ¥1,144 million, indicating a growing burden related to product defects and warranties. - FY2019MaterialisedAnnual report
「Provision for product warranties 928」
A provision of ¥928 million was recorded for the estimated amount of product warranty costs, a significant increase from ¥35 million previously. - FY2016First statedAnnual report
「Our group manufactures various products in accordance with strict quality-control standards. However, there is no guarantee that all products will be free from quality defects or that no recalls will occur in the future.」
Although quality-control standards are in place, quality defects, recalls and product liability claims remain potential risks.