Product Defect and Recall Risk
First written in FY2016. 10 of 29 entries say "Worsened", first in FY2017. Latest entry: FY2026.
Mazda Motor moved to the "Worse" side of this theme in 2016.
0 other companies' latest entry also says "Other".
- FY2026Slight decrease in provisions; expanded quality risks associated with new technologiesAnnual report
「However, if defects arise in products for unforeseeable reasons relating to new technologies associated with electrification and other developments, improved functionality, and increasingly complex systems and software, resulting in large-scale recalls or similar events」
The product warranty provision edged down from ¥179.8 billion at the end of the previous fiscal year to ¥179.2 billion, while electrification, new technologies, and increasingly complex systems and software were identified as new quality risk factors. - FY2026-H1Decrease in provision for product warranties balanceAnnual report
「Change in product warranty provision (△ indicates a decrease) △ 14,686」
The product warranty provision decreased from ¥179.854 billion at the end of the previous fiscal year to ¥166.246 billion. Additions to the product warranty provision also decreased from ¥40.583 billion in the same period of the previous year to ¥23.751 billion, although the disclosure does not state that quality-related costs have been eliminated. - FY2025WorsenedAnnual report
「The product warranty provision increased from ¥156,383 million to ¥179,854 million.」
The product warranty provision balance increased by ¥23.471 billion from the end of the previous fiscal year, and the burden of quality-related costs increased. - FY2024-Q3WorsenedAnnual report
「Change in product warranty provision (△ indicates a decrease) 34,390」
The product warranty provision increased by ¥34.390 billion during the first 3 quarters, with the balance rising from ¥108.895 billion at the end of the previous fiscal year to ¥145.131 billion. The burden of product quality-related costs has increased. - FY2024-Q2WorsenedAnnual report
「Change in product warranty provision (△ indicates a decrease) △ 2,426 14,803」
The product warranty provision increased from ¥108.895 billion at the end of the previous fiscal year to ¥125.693 billion, with the provision increasing by ¥14,803 million. Additions to the product warranty provision also increased to ¥35.433 billion. - FY2024-Q1WorsenedAnnual report
「Change in product warranty provision (△ indicates a decrease) 16,735」
The product warranty provision increased by ¥16.735 billion in the first quarter, with the balance rising from ¥108.895 billion at the end of the previous fiscal year to ¥127.392 billion. One-time quality-related costs were also cited as a factor behind the decline in operating profit. - FY2023WorsenedAnnual report
「Provision expense for product warranties 26,464 57,449」
The provision expense for product warranties increased from ¥26.464 billion in the previous period to ¥57.449 billion, and the provision balance also increased from ¥66.261 billion to ¥85.647 billion. - FY2023-Q3WorsenedAnnual report
「Change in provision for product warranties (△ indicates a decrease) 8,592」
The provision for product warranties increased by ¥8.592 billion during the cumulative third-quarter period, and the balance increased from ¥66.261 billion at the end of the previous consolidated fiscal year to ¥74.853 billion. After a previous downward trend, it turned upward, and the burden of quality-related costs expanded. - FY2023-Q2Continued decrease in provision balanceAnnual report
「Provision for product warranties 66,261 62,570」
The provision balance decreased from ¥66.261 billion at the end of the previous consolidated fiscal year to ¥62.570 billion. Meanwhile, the provision expense for product warranties in the first half was ¥14.922 billion, indicating that the burden of quality-related costs continues. - FY2022Full-year decrease in provision for product warranties; slight increase at fiscal year-endAnnual report
「The provision for product warranties decreased from ¥80,504 million to ¥66,261 million.」
The provision balance decreased from the end of the previous fiscal year, but increased slightly at fiscal year-end from ¥65,155 million at the end of the third quarter. The disclosure does not state that the burden of quality-related costs has been eliminated. - FY2022-Q3Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 15,349」
The provision for product warranties decreased by ¥15.349 billion on a cumulative third-quarter basis, and the balance was ¥65.155 billion. The disclosure does not state that the burden of quality-related costs has been eliminated. - FY2022-Q2Lower provision balance; expense continuesAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 645」
The provision for product warranties decreased by ¥645 million in the cumulative second-quarter period, and the balance was ¥79,859 million. Meanwhile, the provision expense for product warranties was ¥20,901 million, indicating that the burden of quality-related costs continues. - FY2022-Q1WorsenedAnnual report
「Change in provision for product warranties (△ indicates a decrease) 2,685」
The provision for product warranties increased by ¥2.685 billion in the first quarter, and the balance increased from ¥80.504 billion at the end of the previous consolidated fiscal year to ¥83.189 billion. After a previous downward trend, the provision turned upward in the current quarter. - FY2021-Q3Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 7,646」
The provision for product warranties decreased by ¥7.646 billion during the cumulative third-quarter period, and the balance on the balance sheet fell from ¥87.168 billion at the end of the previous fiscal year to ¥79.522 billion. However, the disclosure does not state that quality-related risks have been resolved. - FY2021-Q2Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 6,627」
The provision for product warranties decreased by ¥6.627 billion during the cumulative second-quarter period, and the balance fell from ¥87.168 billion at the end of the previous fiscal year to ¥80.541 billion. The disclosure does not state that the burden of quality-related costs has been eliminated. - FY2021-Q1Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 4,271」
The provision for product warranties decreased by ¥4.271 billion during the current quarter, and the balance on the balance sheet fell from ¥87.168 billion at the end of the previous fiscal year to ¥82.897 billion. The disclosure does not state that quality-related risks have been resolved. - FY2020Continued decrease in provision balanceAnnual report
「The provision for product warranties was ¥87,168 million.」
The provision balance decreased from ¥98,267 million at the end of the previous period to ¥87,168 million, while the current-period provision expense for product warranties was ¥51,520 million, indicating that the burden of quality-related costs continues. - FY2020-Q3Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 11,823」
The provision for product warranties decreased by ¥11.823 billion during the cumulative third-quarter period, and the balance on the balance sheet fell from ¥98.267 billion at the end of the previous fiscal year to ¥86.444 billion. The disclosure does not state that quality-related risks have been resolved. - FY2020-Q2Decrease in provision for product warranties balance and expenseAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 9,873」
The provision for product warranties decreased from ¥98.267 billion at the end of the previous fiscal year to ¥88.394 billion, while the provision expense for the first half decreased from ¥32.652 billion in the same period of the previous year to ¥26.681 billion. However, the disclosure does not state that the burden of quality-related costs has been eliminated. - FY2020-Q1Continued decrease in provision balanceAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 9,060」
The provision for product warranties decreased by ¥9.060 billion during the current quarter-to-date consolidated period, and the balance on the balance sheet fell from ¥98.267 billion at the end of the previous fiscal year to ¥89.207 billion. However, the disclosure does not state that quality-related risks have been resolved. - FY2019Lower provision balance; quality costs continueAnnual report
「The provision for product warranties was ¥98,267 million.」
The provision balance decreased from ¥104,435 million at the end of the previous period to ¥98,267 million, while the current-period provision expense for product warranties was ¥52,365 million, indicating that the burden of quality-related costs continues. - FY2019-Q3Decrease in provision for product warrantiesAnnual report
「Change in provision for product warranties (△ indicates a decrease) △ 7,046」
The provision for product warranties decreased by ¥7.046 billion during the current quarter-to-date consolidated period, and the balance on the balance sheet fell from ¥104.435 billion at the end of the previous consolidated fiscal year to ¥97.389 billion. The disclosure does not state that quality-related risks have been resolved. - FY2019-Q2WorsenedAnnual report
「Provision for product warranties 32,652」
The provision for product warranties increased from ¥14,414 million in the same period of the previous year to ¥32,652 million, and the burden of product quality-related costs expanded. The provision balance was also ¥107,509 million. - FY2018-Q3MaterialisedAnnual report
「Litigation settlement costs 7,539」
We recorded ¥7.539 billion in litigation settlements as a special loss, and product quality and litigation risks continued to materialize as a financial burden. - FY2018-Q2MaterialisedAnnual report
「Litigation settlement costs 7,557」
We recorded ¥7.557 billion in settlements related to lawsuits concerning airbag inflators and other matters as a special loss, and product quality risk materialized as a financial burden. - FY2018-Q1WorsenedAnnual report
「In the United States, multiple class-action lawsuits related to airbag inflators have been filed, and our company and consolidated subsidiaries are among the defendants. We are proceeding with settlement discussions with the plaintiffs.」
Our company and consolidated subsidiaries became defendants in multiple class-action lawsuits concerning airbag inflators and are proceeding with settlement procedures. The quarterly income statement also includes ¥1,156 million in litigation settlement costs. - FY2017WorsenedAnnual report
「Operating income reflected the benefits of cost improvements from advancing Monozukuri Innovation, but these were more than offset by the impact of the stronger yen and increases in research and development expenses and quality-related costs.」
The increase in quality-related costs exceeded the benefits of cost improvements. The provision for product warranties also increased from ¥104.7 billion at the end of the previous period to ¥123.5 billion at the end of the current period, indicating that the impact of quality-related risks has continued and expanded. - FY2017-Q3MaterialisedAnnual report
「Change in provision for product warranties (△ indicates a decrease) 11,618」
The provision for product warranties increased by ¥11,618 million in cash flows from operating activities. The filing does not identify the specific cause. - FY2016MaterialisedAnnual report
「For certain airbag inflators used in some of the products manufactured and sold by our Group, we recorded ¥40,708 million as a special loss under the provision for product warranties for quality-related costs that are likely to be incurred in the future and can be reasonably estimated.」
The disclosure describes an event in which future costs related to certain airbag inflators were actually recognized as a provision in connection with product quality risk.