Product liability claims and lower sales due to product defects
First written in FY2017. 4 of 6 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2026: 12 of 60 companies on the "Worse" side.
- FY2025-H1MaterialisedAnnual report
「Provision for product warranties — 40」
In connection with the possibility of damages claims and compensation payments due to product defects and other issues, a ¥40 million provision for product warranties and ¥41 million in compensation expenses paid were recognized. - FY2020-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes regarding the risk of damages claims and lower sales due to product defects. - FY2019RestatedAnnual report
「If product defects arise from design or manufacturing process deficiencies, this may affect performance through damages claims and lower sales.」
The risk of damages claims and lower sales due to product defects continues, despite the implementation of quality control. - FY2019-Q3RestatedAnnual report
「During the third quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes regarding the risk of damages claims and lower sales due to product defects. - FY2019-Q2RestatedAnnual report
「During the second quarter of the current consolidated cumulative period, there were no new business or other risks, and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It is stated that there have been no new developments or material changes regarding the risk of damages claims and lower sales due to product defects. - FY2017First statedAnnual report
「Although our Group manufactures products under rigorous quality control, if product defects arise from design or manufacturing process deficiencies, this may affect performance through damages claims and lower sales.」
While quality control is implemented, the risk of product defects arising from design or manufacturing process deficiencies is identified.