Costs of market recalls related to previously manufactured components
First written in FY2017-Q1. 15 of 37 entries say "Mitigated", first in FY2020-Q2. Latest entry: 2026-11-13.
Nihon Plast moved to the "Worse" side of this theme in 2021, 1 year after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 3 of 9 companies on the "Worse" side.
12 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「This was mainly attributable to a ¥1,856 million decrease in the product warranty provision and a ¥577 million increase in short-term borrowings.」
The total product warranty provision decreased significantly from ¥2,112 million at the end of the previous fiscal year to ¥241 million at the end of the current fiscal year, reflecting a reduction in provisions related to market recalls. - 2026-05-22MitigatedEarnings presentation
「製品保証引当金戻入額は、製品保証の費用負担について相手先と合意に至り、最終的な費用発生額が当初想定を下回ったことによる利益計上です。」
製品保証費用について相手先との合意と引当金戻入れが説明され、過去製造部品に関する費用負担が想定を下回ったとしている。 - FY2026-H1MitigatedAnnual report
「This was mainly attributable to a ¥1,739 million decrease in the product warranty provision and a ¥1,278 million decrease in notes and accounts payable.」
The current portion of the product warranty provision decreased from ¥2,031 million to ¥291 million, while the non-current portion decreased from ¥81 million to ¥74 million, resulting in a significant decrease in the total from ¥2,112 million to ¥365 million. A ¥323 million reversal of the product warranty provision was also recognized as an extraordinary gain. - FY2025MitigatedAnnual report
「Product warranty provision 2,256 2,031 Product warranty provision 58 81」
The combined current and non-current product warranty provision decreased from ¥2,314 million at the end of the previous fiscal year to ¥2,112 million. - FY2025-H1WorsenedAnnual report
「Product warranty provision 2,256 2,287 Product warranty provision 58 66」
The current portion of the product warranty provision increased from ¥2,256 million to ¥2,287 million, while the non-current portion increased from ¥58 million to ¥66 million, bringing the total from ¥2,314 million to ¥2,353 million. - FY2024MitigatedAnnual report
「¥2,478 million, mainly due to the recognition of a reversal of the product warranty provision as an extraordinary gain」
A ¥525 million reversal of the product warranty provision was recognized as an extraordinary gain, and the provision balance decreased from ¥3,025 million at the end of the previous fiscal year to ¥2,314 million. - FY2024-Q3MitigatedAnnual report
「A reversal of the product warranty provision was recognized as an extraordinary gain. Product warranty provision 2,952 2,582 Product warranty provision 73 83」
A ¥421 million reversal of the product warranty provision was recognized as an extraordinary gain, and the combined current and non-current provision balance decreased from ¥3,025 million at the end of the previous consolidated fiscal year to ¥2,665 million. - FY2024-Q2WorsenedAnnual report
「Product warranty provision 2,952 2,971 Product warranty provision 73 80」
The current portion of the product warranty provision increased from ¥2,952 million to ¥2,971 million, while the non-current portion increased from ¥73 million to ¥80 million, bringing the total from ¥3,025 million to ¥3,051 million. - FY2024-Q1WorsenedAnnual report
「Product warranty provision 2,952 2,963 Product warranty provision 73 74」
The combined current and non-current product warranty provision increased from ¥3,025 million at the end of the previous consolidated fiscal year to ¥3,037 million. - FY2023-Q3MitigatedAnnual report
「Product warranty provision 1,474 1,424 Product warranty provision 64 80」
The combined current and non-current product warranty provision decreased from ¥1,538 million to ¥1,504 million. - FY2023-Q2MitigatedAnnual report
「Product warranty provision 1,474 1,390 Product warranty provision 64 76」
The current portion of the product warranty provision decreased from ¥1,474 million to ¥1,390 million, while the non-current portion increased from ¥64 million to ¥76 million. The total decreased from ¥1,538 million to ¥1,466 million. - FY2023-Q1WorsenedAnnual report
「Product warranty provision 1,474 1,480 Product warranty provision 64 68」
The current portion of the product warranty provision increased from ¥1,474 million to ¥1,480 million, while the non-current portion increased from ¥64 million to ¥68 million, bringing the total from ¥1,538 million to ¥1,548 million. quantified is true, materialized is true. - FY2022WorsenedAnnual report
「In addition, as profitability declined amid worsening market conditions, the Company determined that recovery of some property, plant and equipment would be difficult. Accordingly, it recognized an impairment loss of ¥4,165 million and an expense related to the product warranty provision of ¥1,420 million as extraordinary losses.」
The Company recognized an expense of ¥1,420 million for the product warranty provision established in preparation for market recalls. The provision balance at period-end was ¥1,474 million under current liabilities and ¥64 million under non-current liabilities. - FY2022-Q3WorsenedAnnual report
「Provision for product warranties 72 102 Provision for product warranties 91 99」
The product warranty provision totaled ¥201 million, comprising ¥102 million under current liabilities and ¥99 million under non-current liabilities. This was an increase from ¥163 million at the end of the previous consolidated fiscal year and ¥190 million at the end of the previous quarter. - FY2022-Q2WorsenedAnnual report
「Provision for product warranties 72 92 Provision for product warranties 91 98」
The provision for product warranties under current liabilities increased from ¥72 million to ¥92 million, while the amount under non-current liabilities increased from ¥91 million to ¥98 million, bringing the total up from ¥182 million to ¥190 million. - FY2022-Q1WorsenedAnnual report
「Provision for product warranties 72 84 Provision for product warranties 91 98」
The provision for product warranties under current liabilities increased from ¥72 million to ¥84 million, while the amount under non-current liabilities increased from ¥91 million to ¥98 million, bringing the total up from ¥163 million to ¥182 million. - FY2021MitigatedAnnual report
「Provision for product warranties 78 72 Provision for product warranties 98 91」
The provision for product warranties under current liabilities decreased from ¥78 million to ¥72 million, while the amount under non-current liabilities decreased from ¥98 million to ¥91 million, bringing the total down from ¥176 million to ¥163 million. - FY2021-Q3WorsenedAnnual report
「Provision for product warranties 78 78 Provision for product warranties 98 95」
The provision for product warranties was ¥78 million under current liabilities and ¥95 million under non-current liabilities, for a total of ¥173 million. The total increased from ¥168 million at the end of the previous quarter. - FY2021-Q2MitigatedAnnual report
「Provision for product warranties 78 71」
The provision for product warranties recorded under current liabilities decreased from ¥78 million in the same period of the previous year to ¥71 million, while the amount recorded under non-current liabilities decreased from ¥98 million to ¥97 million. The total decreased from ¥174 million at the end of the previous quarter to ¥168 million. - FY2021-Q1MitigatedAnnual report
「Provision for product warranties 78 76」
The provision for product warranties recorded under current liabilities decreased from ¥78 million to ¥76 million, while the amount recorded under non-current liabilities remained unchanged at ¥98 million. The total decreased from ¥176 million at the end of the previous fiscal year to ¥174 million. - FY2020WorsenedAnnual report
「The provision for product warranties was ¥78 million under current liabilities and ¥98 million under non-current liabilities.」
The total provision for product warranties to cover market recalls was ¥176 million, up from ¥145 million in the previous fiscal year. - FY2020-Q3MitigatedAnnual report
「Provision for product warranties 145 139」
The provision for product warranties decreased from ¥145 million at the end of the previous fiscal year to ¥139 million. - FY2020-Q2MitigatedAnnual report
「Provision for product warranties 145 143」
The provision for product warranties decreased from ¥145 million at the end of the previous fiscal year to ¥143 million. - FY2020-Q1WorsenedAnnual report
「Provision for product warranties 145 147」
The provision for product warranties increased from ¥145 million at the end of the previous fiscal year to ¥147 million. - FY2019WorsenedAnnual report
「The provision for product warranties was ¥145 million.」
The provision for product warranties recognized to cover losses associated with market recalls increased from ¥138 million in the previous fiscal year to ¥145 million. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
There has been no material change in costs associated with market recalls related to previously manufactured components. - FY2019-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
There has been no material change in costs associated with market recalls related to previously manufactured components. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter under review, there were no new business or other risks, nor any material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
There has been no material change in the risk associated with market recalls. - FY2018RestatedAnnual report
「The company has recognized an amount expected to be recovered from the company and certain consolidated subsidiaries in preparation for payments of losses associated with market recalls of products.」
The company continues to recognize a provision for product warranties to cover losses associated with market recalls. The provision for product warranties at the end of the current period was ¥138 million. - FY2018-Q3RestatedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
The company continues to investigate costs associated with market recalls, and the amount of the impact on the financial statements remains difficult to estimate. - FY2018-Q2RestatedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
The company continues to investigate costs associated with market recalls, and the amount of the impact on the financial statements remains difficult to estimate. - FY2018-Q1RestatedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
The company continues to investigate costs associated with market recalls, and the amount of the impact on the financial statements remains difficult to estimate. - FY2017-Q3RestatedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
There has been no change in the situation: costs associated with market recalls are under investigation, and the amount of the impact is difficult to estimate. - FY2017-Q2RestatedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
There has been no material change in the situation: costs associated with market recalls are under investigation, and the amount of the impact is difficult to estimate. - FY2017-Q1First statedAnnual report
「The company is currently investigating costs and other matters associated with market recalls of vehicles incorporating components previously manufactured by the company and certain consolidated subsidiaries, and it is currently difficult to estimate the amount of the impact on the consolidated financial statements and other financial information.」
Market recalls have occurred, and the cost impact is under investigation and considered difficult to estimate.