Rigorously Enforcing Safety First, Quality Management and Bad News 1st
First written in FY2019-Q1. 5 of 7 entries say "Advanced", first in FY2019-Q3. Latest entry: FY2022.
0 other companies' latest entry also says "Achieved".
- FY2022AchievedAnnual report
「As of 31 March 2022, all 67 specific measures to prevent recurrence had been completed, and efforts to complete any measures not yet finished are continuing.」
The company explicitly states that all 67 measures to prevent recurrence have been completed, bringing the set of initiatives including Safety First, Quality Management and Bad News 1st to the completion stage. However, efforts to maintain and embed these measures in operations are continuing. - FY2022-Q2AdvancedAnnual report
「During the second quarter of the current fiscal year, Kayaba System Machinery Co., Ltd., formerly a consolidated subsidiary of the Company, ceased to exist as a result of an absorption-type merger in which the Company was the surviving company, and was therefore excluded from the scope of consolidation.」
The absorption-type merger of KSM, related to the response to quality misconduct and the final stage of measures to prevent recurrence, was carried out in the second quarter, advancing the stage of personnel rotation and governance enhancement through the Group reorganization. - FY2022-Q1AdvancedAnnual report
「As progress has been made toward bringing the oil dampers for seismic isolation and vibration control into compliance, we will carry out this merger as the final step in preventing recurrence, seeking to promote personnel rotation, strengthen our governance framework and reduce the risk of misconduct.」
The response to the quality misconduct has advanced to the final stage of measures to prevent recurrence, including the absorption-type merger of KSM in light of progress toward compliance, personnel rotation, stronger governance and reduced misconduct risk. - FY2021AdvancedAnnual report
「As of 31 March 2021, 63 of the 67 specific measures to prevent recurrence had been completed, and efforts to complete the remaining measures are continuing.」
The measures under Safety First, Quality Management and Bad News 1st have progressed to the completion of 63 of the 67 measures to prevent recurrence, the reassignment of inspectors and the introduction of a new inspection system that automatically saves inspection results. - FY2019AdvancedAnnual report
「We have designated fiscal 2019 as the “first year of KYB’s revitalization” and will rapidly and vigorously implement the following measures, based on preventing recurrence and ensuring compliance, while working to restore trust.」
Following the external investigation committee’s report and recommendations, the company has defined reforms to its corporate culture, improvements to its inspection system, stronger internal quality audits and enhanced management of subsidiaries as priority measures for fiscal 2019. - FY2019-Q3AdvancedAnnual report
「In view of the seriousness of the matter, we established an independent external investigation committee with the necessary independence and expertise, chaired by Koichi Namba (難波 孝一), former Presiding Judge of the Tokyo High Court and an attorney at Mori Hamada & Matsumoto. We commissioned the committee to investigate the facts, analyze the causes and recommend measures to prevent recurrence. On 4 February 2019, we received the committee’s investigation report and its recommendations for preventing recurrence.」
The company describes the establishment of an external investigation committee and the specific progress made in receiving its investigation report and recommendations for preventing recurrence on 4 February 2019. - FY2019-Q1First statedAnnual report
「Following a serious occupational accident at an overseas site last year and a quality issue that developed into a recall, we transferred the safety and environmental functions to the CSR Headquarters and launched the Global Safety Promotion Committee to ensure that “Safety First” is thoroughly implemented. We also declared our commitment to “Quality Management” and are vigorously practicing “Bad News 1st,” under which anything abnormal is reported promptly.」
Following a serious occupational accident at an overseas site and a quality issue that developed into a recall, the company has for the first time described the transfer of the safety and environmental functions to the CSR Headquarters, the launch of the Global Safety Promotion Committee, the declaration of Quality Management and the implementation of Bad News 1st as an independent set of initiatives.