Risk of Product Defects and Large-Scale Recalls
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2025: 13 of 35 companies on the "Worse" side.
51 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Group has insurance covering product liability, but risks not covered by insurance and situations such as large-scale recalls conducted to ensure customer safety could result in substantial costs and adversely affect the Group's business performance and financial condition.」
The risk of costs arising from product defects and large-scale recalls continues to be disclosed. - FY2016First statedAnnual report
「The Group has insurance covering product liability, but risks not covered by insurance and situations such as large-scale recalls conducted to ensure customer safety could result in substantial costs and adversely affect the Group's business performance and financial condition.」
This includes losses not covered by insurance and recall costs.