Liability risks from quality defects in products and services
First written in FY2020. 8 of 9 entries say "Restated". Latest entry: FY2024-Q1.
The whole theme swung hardest in 2026: 7 of 33 companies on the "Worse" side.
48 other companies' latest entry also says "Restated".
- FY2024-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2023RestatedAnnual report
「The group may be held liable for losses caused by defects in the products and services it provides. The group is taking measures including close cooperation with suppliers to strengthen quality control, obtaining product liability insurance as necessary, and clarifying the scope of liability in newly executed contracts.」
It continues to identify the risk of quality defects in products and services and measures including cooperation with suppliers, quality control, product liability insurance and clarification of the scope of liability in contracts. - FY2023-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.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2023-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2022-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2021-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2021-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 could materially affect investors’ decisions, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2021-Q1RestatedAnnual report
「During the first three months of the consolidated fiscal year, there were no material changes concerning matters described in the quarterly securities report that could materially affect investors' decisions, or to the business and other risks described in the securities report for the previous fiscal year.」
It stated that there had been no material changes regarding liability risks from quality defects in products and services. - FY2020First statedAnnual report
「The group may be held liable for losses caused by defects in the products and services it provides.」
It described the possibility of liability for losses caused by defects in products and services, reputational damage and lower customer willingness to purchase. Measures include cooperation with suppliers, thorough quality control, product liability insurance and clarifying the scope of liability in contracts.