The arsenic milk disaster and a permanent framework for relief (1974)
When is responsibility complete?
The heart of this decision lay in how a company takes on responsibility for large-scale harm caused by its own product. Between the contamination and the disclosure there was an absence of inspection; in the fourteen years after the disclosure, forces worked to make the harm look smaller than it was. What broke that silence was the victims themselves, and the persistent investigation of the experts and citizens who stood beside them. That the acceptance of responsibility arrived not from the occurrence of the harm but only after society re-opened the question is the measure of how heavy this case is.
A framework in which the company that caused the harm carries relief in perpetuity was without precedent at the time, and has since been looked back on as one origin of Japan’s later product-liability law and consumer-protection debate. Yet lifetime relief takes on, as time passes, new symptoms and burdens no one could foresee at the outset. Disputes still running seventy years later leave open the question of how far a relief promise, once concluded, can keep pace with the reality of the harm. Does responsibility for the damage a company causes end when the agreement is signed, or does it stay in question for as long as the harm continues — the arsenic milk disaster still marks that boundary.
Revenue and net margin, FY1969–FY1979
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY1974 onwards — after it was taken.
Source: securities reports
Read the full dossier in Japanese →
The Japanese edition carries the complete record of this decision — the situation that forced it, the options weighed, what actually followed, and the sources behind every claim.
Other key decisions at Morinaga Milk Industry
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
Disclaimer
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company’s securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader’s own risk. Past performance does not indicate future results.
- Company names, logos and other marks belong to their respective owners.
Data API
Morinaga Milk Industry’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/2264/manifest.json | Resource index |
| GET | /api/2264/history.json | History overview |
| GET | /api/2264/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/2264/decisions.json | Management decisions (index) |
| GET | /api/2264/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/2264/executives.json | Executives |
| GET | /api/2264/shareholders.json | Major shareholders |
| GET | /api/2264/financials.json | Financial statements |
| GET | /api/2264/financials-longterm.json | Long-term results |
| GET | /api/2264/segments.json | Business segments |
| GET | /api/2264/regions.json | Sales by region |
| GET | /api/2264/workforce.json | Workforce |