Product Defects, Recalls and Product Liability
First written in FY2017. 18 of 25 entries say "Restated". Latest entry: FY2026.
- FY2026MitigatedAnnual report
「Provision for product warranties 14,660 6,977」
The balance of the provision for product warranties decreased from ¥14,660 million at the end of the previous fiscal year to ¥6,977 million. The balance of provisions for product defects, recalls and similar events has declined. - 2026-05-21MitigatedGeneral Meetings of Shareholders
「当連結会計年度における将来に関する主な仮定および見積りの不確実性の主な発生要因のうち、翌連結会計年度において資産および負債の帳簿価額に対する重要な修正の原因となる重要なリスクが生じる可能性があるものは以下のとおりです。」
製品保証引当金の見積り不確実性を重要な会計上の見積りとして継続記載している。引当金残高の増減を示す開示ではないため、直近の引当残高減少を覆す動きとは扱わない。 - FY2026-H1MitigatedAnnual report
「Provision for product warranties 14,660 9,472」
The balance of the provision for product warranties decreased from ¥14,660 million at the end of the previous consolidated fiscal year to ¥9,472 million, indicating a reduction in provisions for product defects, recalls and similar events. - FY2025WorsenedAnnual report
「Provision for product warranties 7,603 14,660」
The balance of the provision for product warranties increased from ¥7,603 million at the end of the previous fiscal year to ¥14,660 million. In addition to the risks of product defects, recalls and product liability, the company explicitly identifies reputational and brand damage resulting from serious quality-related compliance violations. - FY2025-H1WorsenedAnnual report
「Provision for product warranties 7,603 9,007 Provision for product warranty expenses 1,494 1,671」
The balance of the provision for product warranties increased from ¥7,603 million at the end of the previous consolidated fiscal year to ¥9,007 million, while the provision recognized during the current interim consolidated fiscal period also increased from ¥1,494 million in the same period of the previous year to ¥1,671 million. - FY2023-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2023-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2022-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2022-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2021-Q3RestatedAnnual report
「During the first nine months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2021-Q2RestatedAnnual report
「During the first six months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2021-Q1RestatedAnnual report
「During the first three months of the fiscal year, there were no significant changes in the occurrence of the major risks that management recognizes as potentially having a material impact on the financial position, operating results and cash flows of the consolidated companies, among the matters concerning the business and accounting conditions described in the quarterly report, or in the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2020WorsenedAnnual report
「Product defects that could lead to large-scale recalls or product liability claims would entail substantial costs, could materially affect the reputation of the Group and could adversely affect the Group's operating results and financial condition.」
In addition to the previously disclosed possibility of defects, recalls and liability claims, the company explicitly states that large-scale recalls and similar events could result in substantial costs and materially affect its corporate reputation. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2020-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2019RestatedAnnual report
「However, there is no guarantee that all products will be free from defects or that recalls or other events will not occur in the future. We carry insurance against product liability claims as a precaution, but there is no guarantee that this insurance will fully cover the amount of compensation we ultimately have to pay.」
While implementing measures to build quality into its products and maintaining insurance coverage, the company continues to indicate the possibility of product defects, recalls and product liability claims. - FY2019-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2019-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2019-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2018RestatedAnnual report
「However, there is no guarantee that all products will be free from defects or that recalls or other events will not occur in the future. We carry insurance against product liability claims as a precaution, but there is no guarantee that this insurance will fully cover the amount of compensation we ultimately have to pay.」
While conducting quality assurance activities and maintaining insurance coverage, the company continues to indicate the possibility of product defects, recalls and product liability claims. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative period of the third quarter. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company continues to provide a comprehensive explanation that there are no material changes regarding product defects, recalls or product liability. - FY2018-Q2RestatedAnnual report
「There were no newly arising business or other risks during the cumulative second quarter of the current consolidated fiscal year. Nor were there any material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated cumulative period, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
No material changes are reported regarding product defects, recalls or product liability. - FY2017First statedAnnual report
「However, there is no guarantee that all products will be free from defects or that recalls or other events will not occur in the future. We carry insurance against product liability claims as a precaution, but there is no guarantee that this insurance will fully cover the amount of compensation we ultimately have to pay.」
While explaining its quality assurance activities and insurance coverage, the company identifies the possibility of future defects, recalls and substantial product liability claims as risks.