Risk of additional costs from product returns
First written in FY2022. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
6 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「However, if the Company is unavoidably required to accept returns due to defective products or other reasons, additional costs will arise for processing the returns and shipping replacement products. If a large number of unforeseeable returns occur, this may affect the Company’s financial position, operating results and other aspects of its business.」
The risk of additional costs from processing returns and shipping replacement products continues to be disclosed. - FY2024MitigatedAnnual report
「Under these rules, the Company discusses individual returns with business partners to prevent unnecessary returns.」
The Company discloses measures to prevent unnecessary returns by applying certain rules for accepting returns and holding individual discussions with business partners. - FY2022First statedAnnual report
「However, if the Company is unavoidably required to accept returns due to defective products or other reasons, additional costs will arise for processing the returns and shipping replacement products. If a large number of unforeseeable returns occur, this may affect the Company’s financial position, operating results and other aspects of its business.」
The risk of higher processing and replacement-shipping costs associated with accepting returns of defective products and other items is disclosed for the first time.