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Innotech (9880) · RiskRestated

Quality Defects in Products and Services and Cloud Outage Risks

First written in FY2020. 4 of 7 entries say "Restated". Latest entry: FY2025.

7entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2020WorsenedFY2021RestatedFY2022 – FY2024-Q3MitigatedFY20242020: 120202021: 120212022: 120222023: 120232024: 220242025: 12025
Same theme, other companies
Composite Risk of Information Leaks, System Failures, and Quality DefectsA theme 10 companies write about · 10 as a headwind · 0 as a tailwind

4 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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  1. FY2025RestatedAnnual report

    「To address this risk, the company is strengthening its quality-assurance framework by taking out product liability insurance, establishing a quality-assurance committee and responsible departments, and diversifying its manufacturing contractors.」

    The company continues to address quality defects, cloud outages and delays in decarbonisation efforts through insurance coverage, a quality assurance committee and the use of multiple outsourced suppliers.
  2. FY2024MitigatedAnnual report

    「To address this risk, the company is strengthening its quality-assurance framework by taking out product liability insurance, establishing a quality-assurance committee and responsible departments, and diversifying its manufacturing contractors.」

    The company has made its measures against the risks of quality defects, cloud service disruptions and delays in decarbonization more specific, including a quality-assurance committee and multiple manufacturing contractors.
  3. FY2024-Q3RestatedAnnual report

    「During the first nine months of the fiscal year, there were no new business risks and no material changes to the business risks described in the previous fiscal year's securities report.」

    The company states that there have been no significant changes regarding the risks of quality defects in proprietary products and services and cloud service disruptions.
  4. FY2024-Q2RestatedAnnual report

    「During the six-month period ended the second quarter of the current consolidated fiscal year, there were no new business risks or material changes to the business risks described in the previous fiscal year's Annual Securities Report.」

    The company states that there have been no significant changes regarding the risks of quality defects in proprietary products and services and cloud service disruptions.
  5. FY2022RestatedAnnual report

    「To address this risk, the company is actively conducting quality-control activities, including taking out product liability insurance, establishing quality-control and quality-assurance departments, and obtaining ISO9001 certification, while promoting the strengthening of its quality-control framework. It will also take measures such as actively considering the use of carbon-free energy.」

    The company continues measures against the risks of product defects, cloud service disruptions and delays in decarbonization, including insurance, ISO9001 certification, quality-assurance departments and consideration of carbon-free energy.
  6. FY2021WorsenedAnnual report

    「Decarbonization efforts are also accelerating worldwide, and decarbonization is expected to be required in the manufacturing processes and supply chain for the company's products. If delays in responding to these requirements make it impossible to continue business with customers, this may affect business plans and operating performance.」

    In addition to the existing risks of product defects and cloud service disruptions, the company has added the risk of being unable to continue business due to delays in decarbonizing manufacturing processes and the supply chain.
  7. FY2020First statedAnnual report

    「Damage may result from defects in products and other items disrupting customers' production lines or delaying their development plans, as well as service outages or data loss caused by server failures and other incidents involving cloud services.」

    With the expansion of proprietary products and services, the company has newly identified product defects, disruption to customer production lines, development delays, cloud service outages and data loss as major risks.
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"Risk of difficulties procuring products and components" moved the same way as this thread, in the same document, in 2 of its 7 moves.

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Quality Defects in Products and Services and Cloud Outage Risks | INNOTECH CORPORATION (9880) | Komori