Food Safety-Related Quality Issues
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 6 of 37 companies on the "Worse" side.
59 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The Group sells food products and conducts other food-related activities in its retail and other businesses, and pays close attention to ensuring food safety. However, if a widespread quality issue affecting society occurs, whether specific to the Group or otherwise, consumers may become increasingly concerned about food products, potentially causing a significant decline in sales and affecting the Group's performance.」
The risks of consumer concerns and declining sales resulting from food safety issues are reiterated. - FY2019RestatedAnnual report
「The Group sells food products and conducts other food-related activities in its retail and other businesses, and pays close attention to ensuring food safety. However, if a widespread quality issue affecting society occurs, whether specific to the Group or otherwise, consumers may become increasingly concerned about food products, which could affect the Group's performance.」
The risk of consumer concerns arising from food safety and quality issues affecting society as a whole is reiterated. - FY2017RestatedAnnual report
「The Group sells food products and conducts other food-related activities in its retail and other businesses, and pays close attention to ensuring food safety. However, if a widespread quality issue affecting society occurs, whether specific to the Group or otherwise, consumers may become increasingly concerned about food products, which could affect the Group's performance.」
The risk of consumer concerns arising from food safety and quality issues affecting society as a whole is reiterated. - FY2016First statedAnnual report
「Although the Group pays close attention to ensuring food safety, if unavoidable factors such as avian influenza or foreign objects in food cause a widespread quality issue affecting society, consumers may become increasingly concerned about food products, which could affect the Group's performance.」
The Group identifies food quality issues in the retail business and consumer concerns as risks.