Risk of product defects, recalls and product liability
First written in FY2019. 3 of 4 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2022RestatedAnnual report
「The Group is strengthening its quality control systems for its products, merchandise and services and working to maintain their reliability, but unexpected defects and recalls may occur. Defects in products or other items that lead to large-scale recalls or product liability compensation may result in substantial costs, potentially affecting business results and financial position.」
While advancing its quality control efforts, the Company continues to disclose risks related to product defects, recalls and product liability. - FY2021RestatedAnnual report
「The Group is strengthening its quality control systems for its products, merchandise and services and working to maintain their reliability, but unexpected defects and recalls may occur. Defects in products or other items that lead to large-scale recalls or product liability compensation may result in substantial costs, potentially affecting business results and financial position.」
While advancing its quality control efforts, the Company continues to disclose risks related to product defects, recalls and product liability. - FY2020RestatedAnnual report
「The Group is strengthening its quality control systems for its products, merchandise and services and working to maintain their reliability, but unexpected defects and recalls may occur.」
While strengthening its quality control systems, the Company continues to disclose risks related to product defects, recalls and product liability. - FY2019First statedAnnual report
「The Group is strengthening its quality control systems for its products, merchandise and services and working to maintain their reliability, but unexpected defects and recalls may occur. Defects in products or other items that lead to large-scale recalls or product liability compensation may result in substantial costs, potentially affecting business results and financial position.」
While strengthening its quality control systems, the Company has newly disclosed product defects, recalls, product liability compensation, and substantial costs as risks.