Loss from Voluntary Recall Due to Potential Foreign-Matter Contamination
First written in FY2016-Q3. 3 of 6 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2019-Q2.
The whole theme swung hardest in 2020: 3 of 8 companies on the "Worse" side.
11 other companies' latest entry also says "Mitigated".
- FY2019-Q2MitigatedAnnual report
「This relates to the loss on the disposal of products that became unsaleable because they were made using raw materials purchased from another company that contained foreign matter, and was covered by compensation from the raw-material supplier.」
The company received ¥8 million in compensation from the raw-material supplier for the previous loss on the disposal of products affected by raw materials containing foreign matter. The risk had already materialized, but part of the loss was compensated. - FY2018-Q3MaterialisedAnnual report
「This is the loss on the disposal of products that became unsaleable because they were made using raw materials purchased from another company that contained foreign matter.」
A ¥57 million loss on the disposal of unsaleable products resulting from the use of raw materials containing foreign matter was incurred, and ¥67 million in compensation received from the raw-material supplier was also recorded. - FY2017-Q3MitigatedAnnual report
「There are no applicable matters.」
No loss on the disposal of inventories associated with the voluntary recall of products that may contain foreign matter was recorded during the cumulative third quarter period. - FY2017-Q1MitigatedAnnual report
「There are no applicable matters.」
No related losses associated with the voluntary recall of products that may contain foreign matter, including losses on the disposal of inventories, were recorded in the first quarter of the current fiscal year. - FY2016MaterialisedAnnual report
「These are related losses associated with the voluntary recall of products that may contain foreign matter and products in which foreign matter was found.」
The voluntary recall of products that may contain foreign matter actually occurred, and a ¥152 million loss on the disposal of inventories was recorded. Insurance proceeds of ¥8 million were also recorded. - FY2016-Q3First statedAnnual report
「These are related losses associated with the voluntary recall of products that may contain foreign matter and products in which foreign matter was found.」
A ¥152 million loss on the disposal of inventories was recorded in connection with the voluntary recall of products that may contain foreign matter.