Product Liability and Quality Risk
First written in FY2017. 2 of 3 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 11 of 58 companies on the "Worse" side.
- FY2024RestatedAnnual report
「The Group manufactures various products in accordance with its quality control standards. However, if claims or other issues arise due to defects or poor product quality, customer confidence in the Group may decline, potentially affecting the Group's business and other operations.」
The risk that poor product quality and claims will reduce customer confidence and affect the business continues to be disclosed. - FY2019RestatedAnnual report
「The Group manufactures various products in accordance with its quality control standards. However, if claims or other issues arise due to defects or poor product quality, customer confidence in the Group may decline, potentially affecting the Group's business and other operations.」
The risk that product liability and poor product quality will reduce customer confidence and affect the business remains. - FY2017First statedAnnual report
「The Group manufactures various products in accordance with its quality control standards. However, if claims or other issues arise due to defects or poor product quality, customer confidence in the Group may decline, potentially affecting the Group's business and other operations.」
The potential for claims and damages arising from defects or poor product quality to affect customer confidence and the business was identified. The Group also has product liability insurance, but states that there is no guarantee it will provide sufficient coverage for damages awarded.