Loss of credibility caused by errors in product labeling
First written in FY2019. 4 of 5 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2017: 3 of 14 companies on the "Worse" side.
12 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「If a material error occurs in the labeling, this could affect the group's financial condition and operating results through a decline in public confidence and other consequences.」
The company reiterates its efforts to ensure accurate product labeling and the risk of loss of public confidence resulting from material labeling errors. - FY2022RestatedAnnual report
「If a material error occurs in the labeling, this could affect the company's financial condition and operating results through a decline in public confidence and other consequences.」
While working to ensure the accuracy of product labeling, the company continues to identify loss of public confidence resulting from material labeling errors as a risk. - FY2021RestatedAnnual report
「The company is working to establish and strengthen its internal systems for accurate product labeling, but if a material error occurs in the labeling, this could affect its financial condition and operating results through a decline in public confidence and other consequences.」
The company reiterates its efforts to ensure accurate product labeling and the risk of loss of public confidence resulting from material labeling errors. - FY2020RestatedAnnual report
「The company is working to establish and strengthen its internal systems for accurate product labeling, but if a material error occurs in the labeling, this could affect its financial condition and operating results through a decline in public confidence and other consequences.」
While working to ensure the accuracy of product labeling, the company continues to identify loss of public confidence resulting from material labeling errors as a risk. - FY2019First statedAnnual report
「The company is working to establish and strengthen its internal systems for accurate product labeling, but if a material error occurs in the labeling, this could affect its financial condition and operating results through a decline in public confidence and other consequences.」
While managing the accuracy of product labeling, the company identifies loss of public confidence resulting from material errors as a risk.