Product Quality Defects, Post-Sale Failures and Recall Cost Risk
First written in FY2016. 10 of 11 entries say "Restated". Latest entry: FY2022.
The whole theme swung hardest in 2026: 11 of 57 companies on the "Worse" side.
- FY2022RestatedAnnual report
「To address this risk, the quality assurance departments of each business headquarters serve as the responsible departments and are advancing the operation of quality management systems and internal quality audit activities based on product characteristics and transaction-related contracts. In addition, the Group is working to continuously improve its company-wide quality management system through supervision of these activities by the Corporate Quality Assurance Division.」
The risks of product defects and recall costs remain, and a response framework involving the quality assurance departments of each business headquarters, internal quality audits and company-wide supervision by the Corporate Quality Assurance Division was disclosed. - FY2021RestatedAnnual report
「To address this risk, the Group is working to continuously improve its company-wide quality management system through the operation of quality management systems tailored to each business and internal quality audits led by the quality assurance departments of each business division, together with supervision by the Corporate Quality Assurance Division.」
The product defect and recall risks remain, but the response framework involving the quality assurance departments of each business division, internal quality audits and supervision by the Corporate Quality Assurance Division was explicitly disclosed. - FY2020-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks of product quality defects, post-sale defects, recall costs and other matters. - FY2019RestatedAnnual report
「The Group is working to strengthen its quality control systems to minimize risks arising from quality defects, but there is no guarantee that all goods and products will be free of quality defects or that no quality problems will occur in the future.」
The explanation continues to state that, while quality control systems are being strengthened, the possibility remains of post-sale defects, recall costs and claims for damages. - FY2019-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks of product quality defects, post-sale defects, recall costs and other matters. - FY2018RestatedAnnual report
「The Group is working to strengthen its quality control systems to minimize risks arising from quality defects, but there is no guarantee that all goods and products will be free of quality defects or that no quality problems will occur in the future.」
The explanation continues to state that, while quality control systems are being strengthened, the possibility remains of post-sale defects, recall costs and claims for damages. - FY2018-Q3RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative third quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks of product quality defects, post-sale defects, recall costs and other matters. - FY2018-Q2RestatedAnnual report
「There were no occurrences of matters relating to the business, financial conditions or other items described in this quarterly report that could have a material impact on investors' decisions during the cumulative second quarter, and no significant changes to the business and other risks described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks of product quality defects, post-sale defects, recall costs and other matters. - FY2018-Q1RestatedAnnual report
「There were no new developments during the three-month cumulative consolidated period of the current fiscal year among matters concerning the business and financial conditions described in this quarterly report that could have a material impact on investors' decisions, nor were there any material changes to the "Business and Other Risks" described in the annual securities report for the previous fiscal year.」
No significant changes have been identified regarding the risks of product quality defects, post-sale defects, recall costs and other matters. - FY2017RestatedAnnual report
「The Group is working to strengthen its quality control systems to minimize risks arising from quality defects, but there is no guarantee that all goods and products will be free of quality defects or that no quality problems will occur in the future.」
The explanation continues to state that, while quality control systems are being strengthened, the possibility remains of post-sale defects, recall costs and claims for damages. - FY2016First statedAnnual report
「The Group is working to strengthen its quality control systems to minimize risks arising from quality defects, but there is no guarantee that all goods and products will be free of quality defects or that no quality problems will occur in the future.」
Although the Group is strengthening its quality control systems, the possibility remains of claims for damages arising from post-sale defects, recall costs and other matters.