Product Liability Risk from Defects in Critical Safety Components
First written in FY2016. 5 of 6 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2025RestatedAnnual report
「The Company takes every precaution regarding quality, including obtaining certification under the international quality standard ISO at its facilities and consolidated subsidiaries. However, if any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
The product liability risk arising from defects in products, including critical safety components, and related accidents is disclosed again. - FY2023RestatedAnnual report
「The Company takes every precaution regarding quality, including obtaining certification under the international quality standard ISO at its facilities and consolidated subsidiaries. However, if any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
The product liability risk arising from defects in products, including critical safety components, and related accidents is disclosed again. - FY2019RestatedAnnual report
「The Company takes every precaution regarding quality, including obtaining certification under the international quality standard ISO at its facilities and consolidated subsidiaries. However, if any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
The product liability risk arising from defects in products, including critical safety components, and related accidents is disclosed again. - FY2018RestatedAnnual report
「The Company takes every precaution regarding quality, including obtaining certification under the international quality standard ISO at its facilities and consolidated subsidiaries. However, if any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
The product liability risk arising from defects in products, including critical safety components, and related accidents is disclosed again. - FY2017RestatedAnnual report
「If any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
The product liability risk arising from defects in products, including critical safety components, and related accidents is disclosed again. - FY2016First statedAnnual report
「The Company takes every precaution regarding quality, including obtaining certification under the international quality standard ISO at its facilities and consolidated subsidiaries. However, if any of the Company's products were defective and caused an accident or other incident, the Group could be held liable under product liability laws, potentially adversely affecting its business results.」
Critical safety components used in automotive brake boosters are cited as an example.