Losses Due to Product Defects and Quality Deficiencies
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「The Group has obtained IATF16949, the international quality management system standard for the automotive industry, at its domestic and overseas facilities and is working to strengthen its global quality assurance framework.」
The implementation of IATF16949, regular audits and management-level reviews as measures against product defect and quality deficiency risks continues. - FY2021MitigatedAnnual report
「The Group has obtained IATF16949, the international quality management system standard for the automotive industry, at its domestic and overseas facilities and is working to strengthen its global quality assurance framework. To continuously operate this system and stabilize and improve product quality, the Group conducts regular audits of its management systems and management-level reviews.」
As measures against product defect and quality deficiency risks, the disclosure cites obtaining IATF16949 at domestic and overseas facilities, regular audits and management-level reviews. - FY2017RestatedAnnual report
「However, if an unexpected product defect or quality deficiency occurs, it may result in significant costs or damage to the Group's reputation, depending on the nature of the defect or deficiency, and may affect the Group's operating results and other aspects of performance.」
The potential for product defects and quality deficiencies to result in costs and reputational damage continues to be disclosed. - FY2016First statedAnnual report
「However, if an unexpected product defect or quality deficiency occurs, it may result in significant costs or damage to the Group's reputation, depending on the nature of the defect or deficiency, and may affect the Group's operating results and other aspects of performance.」
The disclosure identifies the potential impact on costs and reputation if product defects or quality deficiencies occur.