Product Defects, Recalls and Product Liability
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2026: 11 of 56 companies on the "Worse" side.
- FY2023MitigatedAnnual report
「During the fiscal year, to further strengthen these initiatives, the company established the Group Manufacturing Management Innovation Office and is actively promoting initiatives including value-chain assessments covering the group's manufacturing businesses from development through production and quality assurance.」
As a response to product quality risks, the company established the Group Manufacturing Management Innovation Office and began cross-functional assessments covering development, production and quality assurance. - FY2022MitigatedAnnual report
「Based on the NAGASE Group Product Safety Voluntary Action Guidelines, the group works to ensure product safety by formulating group-wide policies and conducting awareness activities. The Group Manufacturing Collaboration Committee shares and uses non-financial information, including safety, quality and the environment, among the group's manufacturing companies to strengthen their foundation as manufacturers and work together to resolve various issues.」
As a response to quality risks, the company put into practice the sharing of safety, quality and environmental information through the Product Safety Voluntary Action Guidelines and the Group Manufacturing Collaboration Committee. - FY2021RestatedAnnual report
「The suspension of sales and recall of the product, or payment of damages, due to defects or other issues with the product could affect the operating results and financial position of the group.」
The company has reconfirmed the quality risks associated with product defects, sales suspensions, recalls and payment of damages. - FY2019RestatedAnnual report
「However, the suspension of sales and recall of the product, or payment of damages, due to defects or other issues with the product could affect the operating results and financial position of the group.」
The company has reconfirmed the quality risks associated with product defects, sales suspensions, recalls and payment of damages. - FY2017RestatedAnnual report
「However, the suspension of sales and recall of the product, or payment of damages, due to defects or other issues with the product could affect the operating results and financial position of the group.」
The company has reconfirmed the quality risks associated with product defects, sales suspensions, recalls and payment of damages. - FY2016First statedAnnual report
「However, the suspension of sales and recall of the product, or payment of damages, due to defects or other issues with the product could affect the operating results and financial position of the group.」
The company describes quality risks covering R&D sites, manufacturing subsidiaries, imported products and contract-manufactured products.