Impact on business performance from food product defects
First written in FY2022. 5 of 6 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2026: 3 of 15 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「With respect to the quality of food products manufactured and sold by our group, we regard product safety as our highest priority and maintain a sufficient quality-control system, including preventive measures against risks anticipated to arise throughout the production process. However, if a product defect occurs, including one caused by an unforeseen event, it could affect the results of our group.」
While emphasizing food safety and quality control, the group reiterates the risk that product defects could affect results. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The summary states that there have been no significant changes in the risk that poor-quality food products could affect results. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The summary states that there have been no significant changes in the risk that poor-quality food products could affect results. - FY2024-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The summary states that there have been no significant changes in the risk that poor-quality food products could affect results. - FY2023RestatedAnnual report
「With respect to the quality of food products manufactured and sold by our group, we regard product safety as our highest priority and maintain a sufficient quality-control system, including preventive measures against risks anticipated to arise throughout the production process. However, if a product defect occurs, including one caused by an unforeseen event, it could affect the results of our group.」
While emphasizing food safety and quality control, the group reiterates the risk that product defects could affect results. - FY2022First statedAnnual report
「With respect to the quality of food products manufactured and sold by our group, we regard product safety as our highest priority and maintain a sufficient quality-control system, including preventive measures against risks anticipated to arise throughout the production process. However, if a product defect occurs, including one caused by an unforeseen event, it could affect the results of our group.」
While identifying food safety as its highest priority and implementing preventive measures and quality control, the group disclosed separately for the first time the impact of product defects on results as a risk.