Risk of Brand Damage from Product Accidents and Quality Issues
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 9 of 27 companies on the "Worse" side.
15 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「The Group is addressing this risk by obtaining product liability insurance.」
The purchase of product liability insurance in response to the risk of brand damage and costs resulting from product accidents is reaffirmed. - FY2022MitigatedAnnual report
「The Group is addressing this risk by obtaining product liability insurance.」
As a specific response to the risk of brand damage and costs resulting from product accidents, the Company describes its purchase of product liability insurance. - FY2021RestatedAnnual report
「The Group works to maintain quality by establishing and complying with appropriate quality control standards. Nevertheless, regardless of this control framework, a product accident involving product liability may occur in the future for reasons attributable to the Group or its business partners, potentially damaging the corporate and brand image and resulting in substantial costs.」
While maintaining quality control standards, the risk of brand damage and costs resulting from product accidents is reaffirmed. - FY2019RestatedAnnual report
「Despite these controls, a product accident involving product liability could occur for reasons attributable to the Group or its business partners, potentially damaging the corporate or brand image and causing substantial costs, which could affect the Group’s results.」
While maintaining a quality control framework, the risk of brand damage and costs resulting from product accidents is reaffirmed. - FY2018First statedAnnual report
「Despite these controls, a product accident involving product liability could occur for reasons attributable to the Group or its business partners, potentially damaging the corporate or brand image and causing substantial costs, which could affect the Group’s results.」
The Group identifies damage to its corporate or brand image and substantial costs arising from product accidents as risks despite its quality-control framework.