Product Liability and Product Defect Risk
First written in FY2016. 12 of 13 entries say "Restated". Latest entry: FY2021-Q1.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2021-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in the risks related to product liability and product defects. - FY2020RestatedAnnual report
「However, if an unforeseen defect occurs and causes damage to a customer, customer trust could be lost. Although we have product liability insurance, the amount of damages may not be fully covered by the insurance. If such an event occurs, it could affect the performance of the Group.」
The company continues to disclose the risks of product defects, loss of customer trust, and potentially insufficient product liability insurance coverage. - FY2020-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in the risks related to product liability and product defects. - FY2019-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in the risks related to product liability and product defects. - FY2019-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in the risks related to product liability and product defects. - FY2018RestatedAnnual report
「However, if an unforeseen defect occurs, customer trust could be lost. Although we have product liability insurance, the amount of damages may not be fully covered by the insurance. If such an event occurs, it could adversely affect the performance of the Group.」
The company continues to disclose the residual risks related to product defects and product liability. - FY2018-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in existing risks related to product liability and product defects. - FY2018-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in existing risks related to product liability and product defects. - FY2017RestatedAnnual report
「If an unforeseen defect occurs, customer trust could be lost. Although we have product liability insurance, the amount of damages may not be fully covered by the insurance. If such an event occurs, it could adversely affect the performance of the Group.」
The company continues to disclose the residual risks related to product defects and product liability. - FY2017-Q3RestatedAnnual report
「During the nine-month period ended [the current third quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in existing risks related to product liability and product defects. - FY2017-Q2RestatedAnnual report
「During the six-month period ended [the current second quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in existing risks related to product liability and product defects. - FY2017-Q1RestatedAnnual report
「During the three-month period ended [the current first quarter], there were no newly arising business or other risks, nor any material changes to the business and other risks described in the Annual Securities Report for the prior fiscal year.」
The company states that there have been no material changes in existing risks related to product liability and product defects. - FY2016First statedAnnual report
「If an unforeseen defect occurs, customer trust could be lost. Although we have product liability insurance, the amount of damages may not be fully covered by the insurance.」
The company describes its quality control system and product liability insurance, while identifying the impact of defects as a risk.