Impact on financial performance from material defects in deliverables
First written in FY2022. 3 of 5 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2026: 6 of 25 companies on the "Worse" side.
37 other companies' latest entry also says "Restated".
- FY2024-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding the risk that material defects in delivered products could affect financial results. - FY2024-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding the risk that material defects in delivered products could affect financial results. - FY2023MitigatedAnnual report
「To address this risk, the Company has established the Quality Management Committee and the Production Structure Reform Committee and monitors the proper operation of quality control procedures and the status of training on those procedures established by each organization.」
The Company disclosed operational monitoring by the Quality Management Committee and the Production Structure Reform Committee as a response to the risk of material defects in delivered products. - FY2023-Q3RestatedAnnual report
「No new business or other risks arose during the cumulative third quarter under review. In addition, there have been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The Company states that there have been no material changes regarding the risk that material defects in delivered products could affect financial results. - FY2022First statedAnnual report
「Although the Company provides ongoing employee training, improves its production, sales, administrative and development processes, and conducts thorough in-house inspections before delivery, any material defect in a delivered product could affect its financial results.」
The risk that material defects in delivered products could affect financial results was disclosed independently for the first time as a principal risk, with measures including employee training, process improvements, pre-delivery inspections and the Quality Management Committee.