Risk of damages arising from product defects and installation or adjustment errors
First written in FY2016. 26 of 28 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 2 of 10 companies on the "Worse" side.
16 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Serious product defects or errors in adjustment work that could result in product liability claims may lead to substantial costs and significantly affect the Group’s reputation, as well as adversely affect its results and financial condition.」
The Company continues to address the risk of damage caused by product defects or installation adjustment errors through quality control, maintenance inspections and product liability insurance. - FY2023RestatedAnnual report
「Serious product defects or errors in adjustment work that could result in product liability claims may lead to substantial costs and significantly affect the Group’s reputation, as well as adversely affect its results and financial condition.」
The Company continues to address the risk of damage caused by product defects or installation adjustment errors through quality control, maintenance inspections and product liability insurance. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2023-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2022-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2022-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2021RestatedAnnual report
「Serious product defects or errors in adjustment work that could result in product liability claims may lead to substantial costs and significantly affect the Group’s reputation, as well as adversely affect its results and financial condition.」
The Company continues to address the risk of damage caused by product defects or installation adjustment errors through quality control, maintenance inspections and product liability insurance. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2020-Q2RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2020-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2019WorsenedAnnual report
「Serious product defects or errors in adjustment work that could result in product liability claims may lead to substantial costs and significantly affect the Group’s reputation, as well as adversely affect its results and financial condition.」
In addition to the existing risks of product defects and installation adjustment errors, the Company explicitly identifies the potential for substantial costs and significant effects on its reputation, results and financial condition. - FY2019-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2019-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2019-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2018RestatedAnnual report
「Although the Group manufactures products in accordance with international quality-control standards and performs maintenance and inspection services based on its internal standards, malfunctions caused by product defects, adjustment errors during product installation or other factors may cause property damage or personal injury to users.」
While conducting quality control and maintenance inspections, the Company continues to identify the risk of damage caused by product defects or adjustment errors during installation. - FY2018-Q3RestatedAnnual report
「During the cumulative third quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six-month period of the current consolidated fiscal year. There were also no material changes to the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2018-Q1RestatedAnnual report
「During the cumulative first quarter, there were no newly arising business or other risks. There were also no material changes in the business and other risks described in the securities report for the previous fiscal year.」
The Company states that there have been no new occurrences or material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2017RestatedAnnual report
「Malfunctions caused by product defects, adjustment errors during product installation or other factors may cause property damage or personal injury to users.」
While conducting quality control and maintenance inspections, the Company continues to identify the risk of damage caused by product defects or adjustment errors during installation. - FY2017-Q3RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2017-Q2RestatedAnnual report
「There are no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2017-Q1RestatedAnnual report
「There have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes to the risk of damage caused by product defects or installation adjustment errors. - FY2016First statedAnnual report
「Malfunctions caused by product defects, adjustment errors during product installation or other factors may cause property damage or personal injury to users.」
The Company has product liability insurance, but states that there is no guarantee that it will provide sufficient coverage for liability payments.