Airbag Inflator Issue and Quality-Related Expenses
First written in FY2016. 21 of 37 entries say "Restated". Latest entry: 2026-08-05.
Honda Motor moved to the "Worse" side of this theme in 2026.
1 other company's latest entry also says "Restated".
- 2026-08-05RestatedOccurring Fact
「新たな事象の発生等により追加的な引当金の計上が必要となる可能性がありますが、現時点では、将来の引当金の金額、発生時期を合理的に見積ることができません。」
エアバッグインフレーターの市場措置、追加引当金の可能性および将来額・発生時期の見積困難性を再掲している。 - FY2026WorsenedAnnual report
「31 March 2026 Balance 867,168」
The balance of the product warranty provision increased from ¥858,103 million at the end of the previous fiscal year to ¥867,168 million. Additions to the product warranty provision were ¥319,613 million, and the burden from quality-related matters remained high. - FY2026-H1MitigatedAnnual report
「Product warranty provision (Note 1) 1 April 2025 Balance 858,103 Additions 127,788 Utilized △194,162 Reversals △2,661 Other 11,722 30 September 2025 Balance 800,790」
The balance of the product warranty provision decreased from ¥858.103 billion at the end of March 2025 to ¥800.790 billion at the end of September 2025. Market measures related to airbag inflators and the possibility of additional provisions continue. - FY2025WorsenedAnnual report
「31 March 2025 Balance 858,103」
The balance of the product warranty provision increased from ¥815,190 million at the end of March 2024 to ¥858,103 million. The disclosure also covers an increase of ¥127,554 million resulting from a change to a comprehensive measurement method for four-wheel vehicle warranties. - FY2025-H1MitigatedAnnual report
「Product warranty provision (Note) Other Total 1 April 2024 Balance 815,190 136,533 951,723 Additions 189,021 25,568 214,589 Utilized △153,766 △29,144 △182,910 Reversals △8,057 △1,121 △9,178 Foreign currency translation differences for foreign operations △28,028 △6,586 △34,614 30 September 2024 Balance 814,360 125,250 939,610」
The balance of the product warranty provision decreased from ¥815.190 billion at the end of March 2024 to ¥814.360 billion at the end of September 2024. Market measures related to airbag inflators, the possibility of additional provisions and the difficulty of estimating future amounts and timing continue. - FY2024WorsenedAnnual report
「1 April 2023 Balance 535,099 Additions 536,590 Utilized △221,054 Reversals △88,266 31 March 2024 Balance 815,190」
The balance of the product warranty provision increased from ¥535.099 billion at the end of March 2023 to ¥815.190 billion. Market measures related to airbag inflators and the possibility of additional provisions also continue. - FY2024-Q3WorsenedAnnual report
「1 April 2023 Balance 535,099 Additions 461,185 Utilized △170,399 Reversals △42,844 Foreign currency translation differences for foreign operations 19,275 31 December 2023 Balance 802,316」
The balance of the product warranty provision increased from ¥535.099 billion at the end of March 2023 to ¥802.316 billion at the end of December 2023. Disclosure also continues to cover market measures related to airbag inflators and the possibility of additional provisions. The increase in the provision balance from the end of the fiscal year indicates a greater burden from quality-related risks. - FY2024-Q2WorsenedAnnual report
「30 September 2023 Balance 637,846」
The balance of the product warranty provision increased by ¥102,747 million from ¥535,099 million at the end of March 2023 to ¥637,846 million. Disclosure continues to cover market measures related to airbag inflators, product warranty provisions and the possibility of additional provisions. - FY2024-Q1MitigatedAnnual report
「30 June 2023 Balance 528,335」
The balance of the product warranty provision decreased from ¥535,099 million at the end of March 2023 to ¥528,335 million at the end of June 2023. Meanwhile, disclosure continues to cover market measures related to airbag inflators, product warranty provisions and the possibility of additional provisions. - FY2023WorsenedAnnual report
「31 March 2023 Balance 535,099」
The balance of the product warranty provision increased from ¥419.201 billion to ¥535.099 billion. Market measures related to airbag inflators and the possibility of additional provisions continue. - FY2023-Q3MitigatedAnnual report
「31 December 2022 Balance 403,712」
The balance of the product warranty provision decreased from ¥451,749 million at the end of September 2022 to ¥403,712 million. Disclosure continues to cover market measures related to airbag inflators, product warranty provisions and the possibility of additional provisions. - FY2023-Q2MitigatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated.」
The balance of the product warranty provision was ¥451,749 million at the end of September 2022, down from ¥457,480 million at the end of June 2022. Meanwhile, it remained above the ¥419,201 million recorded at the end of March 2022, and market measures and the possibility of additional provisions continue. - FY2023-Q1WorsenedAnnual report
「30 June 2022 Balance 457,480」
The balance of the product warranty provision increased from ¥419.201 billion at the end of March 2022 to ¥457.480 billion at the end of June 2022. Market measures related to airbag inflators and the possibility of additional provisions continue to be disclosed. - FY2022RestatedAnnual report
「Product warranty provision Balance at end of period 419,201」
The disclosure continues to cover market measures related to airbag inflators and the possibility of additional provisions. The balance of the product warranty provision was ¥419.201 billion, down from ¥481.023 billion at the end of the previous fiscal year. - FY2022-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥425.937 billion as of 31 December 2021, down from ¥481.023 billion at the start of the fiscal year. - FY2022-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥426.237 billion as of 30 September 2021. - FY2022-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision decreased from ¥481.023 billion as of 31 March 2021 to ¥451.682 billion as of 30 June 2021. - FY2021WorsenedAnnual report
「Product warranty provision Balance at end of period 481,023」
The balance of the product warranty provision, including airbag inflators, was ¥481.023 billion, an increase from ¥380.689 billion at the end of the previous fiscal year. The possibility of additional market measures and provisions also continues. - FY2021-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures related to airbag inflators, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥450.153 billion as of 31 December 2020. - FY2021-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures related to airbag inflators, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥368.953 billion as of 30 September 2020. - FY2021-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures related to airbag inflators, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥381.848 billion as of 30 June 2020. - FY2020-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
The disclosure continues to cover market measures related to airbag inflators, product warranty provisions, the possibility of additional provisions and the difficulty of estimating future amounts and timing. The balance of the product warranty provision was ¥380.533 billion as of 31 December 2019. - FY2020-Q2RestatedAnnual report
「The Company and its consolidated subsidiaries are implementing market measures related to airbag inflators. In connection with this matter, a provision has been recognized for product warranty costs for which an outflow of resources embodying economic benefits is probable and whose amount can be reliably estimated. Additional provisions may become necessary due to new events or other factors, but the amount and timing of future provisions cannot currently be reasonably estimated. Civil litigation has also been filed, mainly in the US, in connection with this matter, but no provision has been recognized because, at this time, the recognition criteria for a provision have not been met.」
The disclosure continues to cover market measures, product warranty provisions, the possibility of additional provisions, civil litigation in the US and the difficulty of estimating future liabilities. The balance of the product warranty provision was ¥397.434 billion as of 30 September 2019. - FY2020-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries are implementing market measures related to airbag inflators. In connection with this matter, a provision has been recognized for product warranty costs for which an outflow of resources embodying economic benefits is probable and whose amount can be reliably estimated. Additional provisions may become necessary due to new events or other factors, but the amount and timing of future provisions cannot currently be reasonably estimated. Civil litigation has also been filed, mainly in the US, in connection with this matter, but no provision has been recognized because, at this time, the recognition criteria for a provision have not been met. In addition, because the time required to resolve the litigation remains uncertain, among other factors, the amount and timing of any liabilities that may arise in the future cannot currently be reasonably estimated.」
The disclosure continues to cover market measures related to airbag inflators, product warranty provisions, the possibility of additional provisions, civil litigation in the US and the difficulty of estimating future liabilities. - FY2019RestatedAnnual report
「The Company and its consolidated subsidiaries are implementing market measures related to airbag inflators. ... On 31 July 2018 (US time), final court approval of the settlement was confirmed.」
The disclosure continues to cover uncertainty regarding market measures, product warranty provisions and other litigation, and reiterates the confirmation of final approval of the settlement in the US class action. - FY2019-Q3RestatedAnnual report
「On 31 July 2018 (US time), final court approval of the settlement was confirmed. No provision has been recognized for class actions or civil litigation other than the above because, at this time, the recognition criteria for a provision have not been met. In addition, because the time required to resolve the litigation remains uncertain, among other factors, the amount and timing of any liabilities that may arise in the future cannot currently be reasonably estimated.」
The confirmed fact of final approval of the settlement related to the US airbag inflator litigation is reiterated. Meanwhile, uncertainty regarding market measures, product warranty provisions and other litigation continues. - FY2019-Q2RestatedAnnual report
「On 31 July 2018 (U.S. time), the court's final approval of the settlement terms was finalized.」
The confirmed fact of final court approval of the settlement in the US litigation related to airbag inflators is reiterated. Uncertainty regarding market measures, product warranty provisions and other litigation continues. The settlement and approval related to this risk had already been completed by the previous quarter. - FY2019-Q1AchievedAnnual report
「On 31 July 2018 (U.S. time), the court's final approval of the settlement terms was finalized.」
Final court approval of the settlement in the US nationwide federal multidistrict litigation related to airbag inflators has been confirmed. Uncertainty regarding market measures, product warranty provisions and other litigation continues. - FY2018RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated.」
Market measures, provisions for product warranty costs, the possibility of additional provisions and the difficulty of estimating future amounts and timing continue to be disclosed. - FY2018-Q3RestatedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company and its consolidated subsidiaries reached a settlement agreement with the plaintiffs in the U.S. multidistrict litigation and applied for final court approval. The settlement payment of ¥53,739 million was recorded in selling, general and administrative expenses. The costs include contributions to a fund to expand efforts to conduct recalls of airbag inflators.」
The settlement agreement related to the U.S. multidistrict litigation, the application for final court approval and the recording of the ¥53,739 million settlement payment continue to be disclosed. - FY2018-Q2MaterialisedAnnual report
「During the second quarter of the current consolidated fiscal year, the Company and its consolidated subsidiaries reached a settlement agreement with the plaintiffs in the U.S. multidistrict litigation and applied for final court approval. The settlement payment of ¥53,739 million was recorded in selling, general and administrative expenses. The costs include contributions to a fund to expand efforts to conduct recalls of airbag inflators.」
The Company reached a settlement agreement with the plaintiffs in the U.S. class action litigation and applied for final court approval. A settlement payment of ¥53,739 million was recorded in selling, general and administrative expenses, including contributions to a fund to expand recalls. The Company states that the amount and timing of future liabilities related to the other class actions and civil lawsuits cannot reasonably be estimated. - FY2018-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
Market measures, provisions for product warranty costs, the possibility of additional provisions and the difficulty of estimating future amounts and timing continue to be disclosed. The balance of the provision for product warranty costs was ¥486,802 million as of 30 June 2017, down from ¥520,130 million as of 31 March 2017. - FY2017RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
Market measures, provisions for product warranty costs, the possibility of additional provisions and the difficulty of estimating future amounts and timing continue to be disclosed. The balance of the provision for product warranty costs was ¥520,130 million at the end of the current fiscal year. - FY2017-Q3RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
Market measures, provisions for product warranty costs, the possibility of additional provisions and the difficulty of estimating future amounts and timing continue to be disclosed in connection with airbag inflators. - FY2017-Q2RestatedAnnual report
「In addition, multiple class actions and civil lawsuits have been filed, mainly in the United States and Canada, naming the Company and its consolidated subsidiaries as defendants in connection with this matter. The plaintiffs seek restoration of the relevant function and damages, including compensatory and punitive damages for economic losses such as expenses incurred by the plaintiffs and declines in vehicle value.」
In addition to market measures and provisions for product warranty costs related to the airbag inflator issue, the Company discloses that multiple class actions and civil lawsuits are pending in the United States and Canada and that the amount and timing of future liabilities cannot reasonably be estimated. - FY2017-Q1RestatedAnnual report
「The Company and its consolidated subsidiaries have implemented market measures related to airbag inflators. In connection with this matter, provisions have been recognized for product warranty costs where an outflow of resources embodying economic benefits is probable and the amount of the obligation can be reliably estimated. Additional provisions may be required due to the occurrence of new events or other factors, but at present the amount and timing of future provisions cannot reasonably be estimated.」
Market measures and provisions for product warranty costs related to airbag inflators continue to be disclosed, along with the possibility of additional provisions and the difficulty of estimating their future amount and timing. - FY2016First statedAnnual report
「The Group has implemented market measures, mainly in North America and Japan, in connection with airbag inflators. These measures relate to an issue in which abnormally high internal pressure may develop inside the inflator when the driver's-side or passenger-side airbag deploys, potentially causing the inflator container to rupture and scatter fragments. Provisions for product warranty costs related to airbag inflators were approximately ¥120.0 billion and approximately ¥436.0 billion in the previous and current consolidated fiscal years, respectively.」
Market measures were implemented, with the provision for product warranty costs for the current fiscal year at approximately ¥436.0 billion and the number of affected vehicles at approximately 11.88 million on the driver's side and approximately 6.00 million on the passenger side.