Product Defects and Serious Claims
First written in FY2016. 8 of 16 entries say "Mitigated", first in FY2024-Q3. Latest entry: 2026-11-12.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- 2026-11-12MitigatedResults
「特別クレーム損失引当金 56,972 52,397」
特別クレーム損失引当金が前年度末の約57百万円から約52百万円へ減少している。 - FY2026MitigatedAnnual report
「Provision for special claim losses ¥76.834 million ¥56.972 million」
The provision for special claim losses related to the recall decreased from approximately ¥77 million at the end of the previous fiscal year to approximately ¥57 million. - 2026-05-14MitigatedResults
「特別クレーム損失引当金 76,834 56,972」
製品リコールに関連する特別クレーム損失引当金が、前年度末の約77百万円から約57百万円へ減少した。 - FY2026-H1MitigatedAnnual report
「Provision for special claim losses ¥76.834 million ¥62.076 million」
The provision for special claim losses related to the product recall decreased from approximately ¥77 million at the end of the previous fiscal year to approximately ¥62 million. - FY2025MitigatedAnnual report
「Provision for special claim losses ¥119.683 million ¥76.834 million」
The provision for special claim losses related to the recall decreased from ¥119 million at the end of the previous fiscal year to ¥77 million. - FY2025-H1MitigatedAnnual report
「Provision for special claim losses ¥119.683 million ¥90.364 million」
The provision for special claim losses related to the product recall decreased from ¥119 million at the end of the previous consolidated fiscal year to ¥90 million. - FY2024MitigatedAnnual report
「Regarding this recall, the Company held repeated negotiations with its suppliers and has now agreed to receive ¥300 million as compensation, recognizing ¥300 million in compensation received.」
Regarding the recall that occurred in the previous fiscal year, an agreement was reached to receive ¥300 million in compensation from the supplier. The provision for special claim losses also decreased from ¥449 million at the end of the previous fiscal year to ¥119 million. - FY2024-Q3MitigatedAnnual report
「Regarding this recall, the Company held repeated negotiations with its suppliers and has now agreed to receive ¥300 million as compensation, recognizing ¥300 million in compensation received.」
Regarding the recall that occurred in the previous fiscal year, an agreement was reached to receive ¥300 million in compensation from the supplier, and compensation received was recognized. The provision for special claim losses also decreased from ¥449 million at the end of the previous fiscal year to ¥127 million. - FY2024-Q2Decrease in provision for special claim lossesAnnual report
「The increase in current liabilities was mainly attributable to increases in short-term borrowings of ¥1.5 billion and electronic recorded obligations of ¥220 million, among other factors, despite decreases of ¥583 million in notes and accounts payable, ¥282 million in provisions for special claim losses, ¥253 million in accrued expenses, ¥189 million in unpaid amounts related to equipment, and ¥140 million in non-operating electronic recorded obligations.」
The provision for special claim losses recognized in connection with the recall and product defects decreased by ¥282 million from the end of the previous consolidated fiscal year. The reason for the decrease is not explained in the text. - FY2023MaterialisedAnnual report
「Special claim losses - ¥922.996 million」
Regarding the product defect that had been under investigation and at the estimation stage through the previous fiscal year, the Company recognized ¥922.996 million in recall costs attributable to its products as special claim losses and recognized a provision for special claim losses of ¥449.525 million. - FY2023-Q3MaterialisedAnnual report
「In December 2022, a vehicle equipped with one of the Company's products became subject to a recall prescribed by the Ministry of Land, Infrastructure, Transport and Tourism. Accordingly, the Company has estimated and recognized ¥923.496 million, including compensation costs, as an extraordinary loss.」
Regarding product quality risk, which had previously been described as the possibility of serious claims, a vehicle equipped with one of the Company's products became subject to a recall, and ¥923.496 million was estimated and recognized as an extraordinary loss for the Company's share of the costs. - FY2023-Q2RestatedAnnual report
「Defects have occurred in some of the Group's products. The causes, scope and other details are currently under investigation. As it is currently difficult to reasonably estimate the impact on the quarterly consolidated financial statements, no expenses related to this matter have been recognized.」
The Company continues to explain that defects have occurred in some products, the causes and scope are under investigation, and the amount of the impact on the financial statements cannot be reasonably estimated. - FY2023-Q1MaterialisedAnnual report
「Defects have occurred in some of the Group's products. The causes, scope and other details are currently under investigation.」
Regarding product quality risk, which had previously been described as the possibility of serious claims, defects have actually occurred in some products, and the causes and scope are under investigation. It is currently considered difficult to reasonably estimate the financial impact. - FY2020RestatedAnnual report
「However, there is no guarantee that claims will never arise in the future, and if a serious claim occurs, the Group's financial condition and operating results may be affected.」
While production is carried out under a quality management system, the residual risk of serious claims is reiterated. - FY2017RestatedAnnual report
「However, there is no guarantee that claims will never arise in the future, and if a serious claim occurs, the Group's financial condition and operating results may be affected.」
While production is carried out under a quality management system, the residual risk of serious claims is reiterated. - FY2016First statedAnnual report
「However, there is no guarantee that claims will never arise in the future, and if a serious claim occurs, the Group's financial condition and operating results may be affected.」
While production is carried out under a quality management system (ISO/TS16949), the possibility of serious claims is identified as a risk.