Product Quality and Product Liability Risk
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2025: 9 of 27 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2022RestatedAnnual report
「Products manufactured under contract and sold under our brand are manufactured and shipped under a rigorous quality control system.」
The product liability and quality risks have been reaffirmed on the assumption that a quality control system and prompt response to defects are in place. - FY2021RestatedAnnual report
「Products manufactured under contract and sold under our brand are manufactured and shipped under a rigorous quality control system.」
While describing the systems for quality control and prompt response, the risk that product liability issues could damage social reputation and the corporate image has been reaffirmed. - FY2020RestatedAnnual report
「Products manufactured under contract and sold by the Group under its brand are manufactured and shipped under a rigorous quality control system. Although a management structure has been established to respond promptly if defects or other issues arise, product liability issues could damage the Group’s social reputation and corporate image.」
The product quality and product liability risks, and the systems for quality control and prompt response, have been reaffirmed. - FY2019First statedAnnual report
「If a problem related to the Product Liability Act arises, there is a risk of damage to social reputation and deterioration of the corporate image」
The risk that defects in the Company’s branded products or product liability issues could damage its social reputation and corporate image is disclosed.