Product Defect and Product Liability Risks
First written in FY2016. 4 of 5 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2020RestatedAnnual report
「Our group maintains insurance coverage as protection against the risk that an unexpected product defect may arise and lead to claims for damages. However, if a serious event occurs that cannot be covered by insurance, it may affect the performance of our group.」
The risk of product defects and product liability, the protection provided by insurance, and the potential impact if insurance coverage is insufficient have been reaffirmed. - FY2019RestatedAnnual report
「However, there is a possibility that an unexpected product defect may arise and create a risk of claims for damages. To address this risk, we maintain insurance coverage as protection against claims, but if a serious event occurs that cannot be covered by insurance, it may affect the performance of our group.」
The risk of product defects and product liability, and the potential impact if insurance coverage is insufficient, have been reaffirmed. - FY2018RestatedAnnual report
「However, there is a possibility that an unexpected product defect may arise and create a risk of claims for damages. To address this risk, we maintain insurance coverage as protection against claims, but if a serious event occurs that cannot be covered by insurance, it may affect the performance of our group.」
The risk of product defects and product liability, and the potential impact if insurance coverage is insufficient, have been reaffirmed. - FY2017RestatedAnnual report
「However, there is a possibility that an unexpected product defect may arise and create a risk of claims for damages. To address this risk, we maintain insurance coverage as protection against claims, but if a serious event occurs that cannot be covered by insurance, it may affect the performance of our group.」
The risk of product defects and product liability, and the potential impact if insurance coverage is insufficient, have been reaffirmed. - FY2016First statedAnnual report
「However, there is a possibility that an unexpected product defect may arise and create a risk of claims for damages.」
While complying with internal standards and applicable laws and regulations and maintaining insurance coverage, the company recognizes the possibility of unexpected product defects and claims for damages.