Litigation Concerning a Sales Management System Development Contract
First written in FY2023. 1 of 2 entries say "Materialised", first in FY2023. Latest entry: FY2024-Q2.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024-Q2MitigatedAnnual report
「Regarding the lawsuit and counterclaim described in the annual securities report for the previous consolidated fiscal year, concerning the Company's claim against 株式会社NTQジャパン for termination of the software development contract and reimbursement of amounts paid, among other relief, the Yokohama District Court issued a judgment dated 13 March 2024 upholding the Company's claims and dismissing the company's counterclaim. The judgment had no impact on the Group's results of operations for the cumulative second quarter period of the current fiscal year.」
Regarding the litigation concerning the sales management system development contract, a judgment was issued upholding the Company's claims and dismissing the counterparty's counterclaim. The filing stated that there was no impact on results of operations for the cumulative current quarter period. - FY2023MaterialisedAnnual report
「The Company has filed a lawsuit against 株式会社NTQジャパン seeking termination of the contract for software development of a sales management system commissioned from the company and reimbursement of amounts already paid, among other relief. 株式会社NTQジャパン has filed a counterclaim, and the actions are currently being litigated jointly.」
The Company disclosed that litigation, including a counterclaim, is ongoing in relation to its claim for contract termination and reimbursement of amounts paid, based on defects in the sales management system and delays in delivery, among other matters.