Loss of Trust Due to Product Safety and Quality Issues
First written in FY2016. 2 of 4 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2026: 2 of 7 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「We also continue to provide guidance on quality control and safety assurance, including on-site factory inspections, to supplier manufacturers entrusted with producing our proprietary products.」
As part of its response to quality and safety risks, the group continues to manage supplier manufacturers, including through on-site factory inspections, in addition to providing guidance. - FY2018RestatedAnnual report
「In planning and developing products, our group establishes its own quality control standards and works to improve product quality and ensure safety, while striving to comply with applicable laws and regulations. We also continue to provide guidance on quality control and safety assurance to supplier manufacturers entrusted with producing our proprietary products.」
The group continues its quality and safety management policy based on its own standards, compliance with applicable laws and regulations, and guidance to supplier manufacturers. - FY2017RestatedAnnual report
「The Group continues to provide guidance on quality control and safety assurance to supplier manufacturers entrusted with producing its own-brand products. However, if a problem arises regarding the quality or safety of products it handles, the Group may incur costs to recall defective products and other significant expenses arising from product liability, liability for damages and other claims.」
The Group continues to face risks of recall costs and reputational damage arising from quality and safety issues, despite its quality control standards and guidance to suppliers. - FY2016First statedAnnual report
「In planning and developing products, the Group establishes its own quality control standards, works to improve product quality and ensure safety, and strives to comply with relevant laws and regulations. However, if a problem arises regarding the quality or safety of products it handles, the Group may incur costs to recall defective products and other significant expenses arising from product liability, liability for damages and other claims.」
While implementing quality control standards and providing guidance to suppliers, the Group identifies quality and safety issues, recall costs and reputational damage as risks that could affect performance.