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Ichinen Holdings (9619) · RiskFirst stated

Product liability and reputational damage risk arising from product defects

First written in FY2019. . Latest entry: FY2019.

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Product and Sold-Product Quality Defect, Quality Assurance and Product Liability RiskA theme 577 companies write about · 600 as a headwind · 3 as a tailwind

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  1. FY2019First statedAnnual report

    「Although we take every possible precaution in our quality control, if a product defect leading to product liability claims were to occur, it could result in substantial costs and have a serious impact on the evaluation of our Group, potentially affecting the Group's operating results and financial position.」

    Product liability claims, substantial costs and impacts on corporate valuation and performance are described as an independent risk for the first time.
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Product liability and reputational damage risk arising from product defects | ICHINEN HOLDINGS CO.,LTD. (9619) | Komori