Astena Holdings (8095) · RiskRestated
Product Liability Risk Due to Product Defects
First written in FY2016. 1 of 2 entries say "Restated". Latest entry: FY2017.
2entries
2years
0from disclosures
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Product and Sold-Product Quality Defect, Quality Assurance and Product Liability RiskA theme 578 companies write about · 601 as a headwind · 3 as a tailwind
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Showing 14 of the 193 companies compared. The sentences above are computed from all 193.Comparing 200 of the theme's 604 threads.Full recordFilings, disclosures and news, newest first
- FY2017RestatedAnnual report
「If a product develops an unexpected defect, we may face product liability-related claims or other obligations. If the associated costs are not covered by insurance or other means, our Group may bear those costs, which could affect our Group’s business performance and financial position.」
The risks of product liability and uncompensated costs associated with product defects, and the measures taken through inspection systems and liability insurance, have been reaffirmed. - FY2016First statedAnnual report
「If a product develops an unexpected defect, we may face product liability-related claims or other obligations. If the associated costs are not covered by insurance or other means, our Group may bear those costs, which could affect our Group’s business performance and financial position.」
While inspection systems and product liability insurance are being put in place, the risk of compensation and cost burdens in the event of product defects has been disclosed.