Product Liability Arising from Automotive and Bicycle Maintenance
First written in FY2020. 4 of 5 entries say "Restated". Latest entry: FY2025.
1 other company's latest entry also says "Restated".
- FY2025RestatedAnnual report
「We repair automobiles and bicycles and have a comprehensive system in place to ensure the safety of our repair services. We also seek coverage through product liability insurance. However, if our negligence causes damage to customers or third parties, product liability insurance may not cover all resulting losses, which could affect our financial position and operating results.」
We continue to address the product liability risk associated with automobile and bicycle repairs by ensuring safety and maintaining insurance coverage. - FY2024RestatedAnnual report
「We repair automobiles and bicycles and have a comprehensive system in place to ensure the safety of our repair services. We also seek coverage through product liability insurance.」
We continue to address the product liability risk associated with automobile and bicycle repairs by ensuring safety and maintaining insurance coverage. - FY2023RestatedAnnual report
「We repair automobiles and bicycles and have a comprehensive system in place to ensure the safety of our repair services. We also seek coverage through product liability insurance.」
We continue to address the product liability risk associated with automobile and bicycle repairs by ensuring safety and maintaining insurance coverage. - FY2021RestatedAnnual report
「We repair automobiles and bicycles and have a comprehensive system in place to ensure the safety of our repair services. We also seek coverage through product liability insurance.」
We continue to address the product liability risk associated with automobile and bicycle repairs by ensuring safety and maintaining insurance coverage. - FY2020First statedAnnual report
「We repair automobiles and bicycles and have a comprehensive system in place to ensure the safety of our repair services. We also seek coverage through product liability insurance. However, if our negligence causes damage to customers or third parties, product liability insurance may not cover all resulting losses, which could affect our financial position and operating results.」
A new risk is described in which negligence in automobile and bicycle repairs could cause damage to customers or third parties, and insurance may not cover the full amount of the resulting losses.