Product Liability and Product Defect Risks
First written in FY2021. 6 of 7 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「There were no newly arising business or other risks during the interim consolidated accounting period. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or material change regarding product liability and product defect risks. - FY2023RestatedAnnual report
「We maintain product liability insurance to prepare for unforeseen circumstances.」
The company reaffirmed the risk of claims for damages and a decline in confidence due to product defects, and its protection through product liability insurance. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or material change regarding product liability and product defect risks. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or material change regarding product liability and product defect risks. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or material change regarding product liability and product defect risks. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, no new business or other risks arose. There were also no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
No new occurrence or material change was reported regarding product liability and product defect risks. - FY2021First statedAnnual report
「The products provided by our Group are manufactured under thorough quality control. However, if a serious defect in product quality or safety were to occur, it could result in claims for damages attributable to the defect, a decline in confidence in product quality and other consequences, potentially materially affecting the Group’s operating performance and financial condition. We also maintain product liability insurance to prepare for unforeseen circumstances.」
The company disclosed the possibility of claims for damages and a decline in confidence due to serious product defects, as well as its product liability insurance coverage.