Damage to brand value from product recalls and counterfeit products
First written in FY2018. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2025: 9 of 27 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「We are taking measures to prevent an increase in counterfeit products, but if the manufacture or sale of counterfeit products continues, it could adversely affect our brand value and operating results.」
The Company continues to disclose the risk of damage to brand value from product recalls, compensation payments and counterfeit products. - FY2024RestatedAnnual report
「If product recalls, compensation payments or other events that damage our brand occur, they could adversely affect the Group's operating results. We are also taking measures to prevent an increase in counterfeit products, but if the manufacture or sale of counterfeit products continues, it could adversely affect our brand value and operating results.」
The Company continues to disclose the risk of damage to brand value from product recalls, compensation payments and counterfeit products. - FY2022RestatedAnnual report
「If product recalls, compensation payments or other events that damage our brand occur, they could adversely affect the Group's operating results. We are also taking measures to prevent an increase in counterfeit products, but if the manufacture or sale of counterfeit products continues, it could adversely affect our brand value and operating results.」
The Company continues to disclose the risk of damage to brand value from product recalls, compensation payments and counterfeit products. - FY2021RestatedAnnual report
「If product recalls, compensation payments or other events that damage our brand occur, they could adversely affect the Group's operating results. We are also taking measures to prevent an increase in counterfeit products, but if the manufacture or sale of counterfeit products continues, it could adversely affect our brand value and operating results.」
The Company continues to disclose the risk of damage to brand value from product recalls, compensation payments and counterfeit products. - FY2020RestatedAnnual report
「If product recalls, compensation payments or other events that damage our brand occur, they could adversely affect the Group's operating results. We are also taking measures to prevent an increase in counterfeit products, but if the manufacture or sale of counterfeit products continues, it could adversely affect our brand value and operating results.」
The Company continues to disclose the risk of damage to brand value from product recalls, compensation payments and ongoing counterfeiting. - FY2018First statedAnnual report
「Maintaining and enhancing brand value is important for our Group to grow its business. If product recalls, compensation payments or other events that damage our brand occur, they could adversely affect the Group's operating results.」
The Company identifies maintaining and enhancing brand value as a prerequisite for business growth and discloses damage to the brand caused by product recalls, compensation payments and continued counterfeiting as a standalone risk.