Litigation Risk Related to Real Estate Transactions in Osaka City
First written in FY2021-Q3. 8 of 12 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2025.
0 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「*3 Accrued settlement payments Fiscal year under review (from 1 April 2024 to 31 March 2025) There are no applicable matters.」
Regarding the mediated settlement arising from real estate transactions in Osaka City, neither short-term nor long-term accrued settlement payments remained outstanding at the end of the period, indicating that the related payment obligations had been settled. - FY2025-H1MitigatedAnnual report
「Accrued settlement payments 12,000 7,000 Long-term accrued settlement payments 1,000 －」
Regarding the settlement arising from real estate transactions in Osaka City, short-term accrued settlement payments declined from ¥12 million to ¥7 million, while long-term accrued settlement payments fell to zero. - FY2024MitigatedAnnual report
「Accrued settlement payments 12,000 Long-term accrued settlement payments 1,000」
Regarding the mediated settlement arising from real estate transactions in Osaka City, short-term accrued settlement payments declined to ¥12 million and long-term accrued settlement payments to ¥1 million. Payments have progressed from the ¥13 million in long-term accrued settlement payments outstanding at the end of the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「Settlement payment amount △ 6,000 Accrued settlement payments 12,000 Long-term accrued settlement payments 7,000」
During the quarter, ¥6 million was paid toward the settlement arising from real estate transactions in Osaka City, reducing accrued settlement payments to ¥12 million short term and ¥7 million long term. - FY2024-Q1MitigatedAnnual report
「Unpaid settlement obligations 12,000 Long-term unpaid settlement obligations 10,000」
Unpaid settlement obligations were ¥12 million current and ¥10 million long term. Long-term unpaid settlement obligations decreased by ¥3 million from ¥13 million at the end of the previous consolidated fiscal year, indicating further progress in payments of the settlement obligations. - FY2023MitigatedAnnual report
「Cash used in operating activities during the consolidated fiscal year was ¥591 million, compared with ¥490 million of outflows in the same period of the previous year. The main factors were the payment of the settlement to タクトホーム株式会社, a decrease in unpaid consumption taxes and the payment of corporate income taxes, among other factors.」
Payments of the settlement to タクトホーム株式会社 progressed, reducing unpaid settlement obligations at the end of the period to ¥12 million current and ¥13 million long term. - FY2023-Q3MitigatedAnnual report
「The main factors were a ¥400 million increase in convertible bonds with share acquisition rights issued during the first-quarter consolidated accounting period and the payment of ¥408 million in unpaid settlement obligations, among other factors.」
The company paid ¥408 million in unpaid settlement obligations arising from the Osaka real estate transaction, reducing current unpaid settlement obligations from ¥408 million to ¥12 million and long-term unpaid settlement obligations from ¥28 million to ¥16 million. Payments on the obligations arising from the dispute progressed further. - FY2023-Q1MitigatedAnnual report
「Liabilities decreased by ¥133 million from the end of the previous consolidated fiscal year to ¥772 million. The main factors were a ¥380 million increase in convertible bonds with share acquisition rights issued during the first-quarter consolidated accounting period and the payment of ¥420 million in unpaid settlement obligations, among other factors.」
The company paid ¥420 million toward the settlement arising from the Osaka real estate litigation, reducing the unpaid settlement obligation. Meanwhile, ¥12 million in current unpaid settlement obligations and ¥22 million in long-term unpaid settlement obligations remained on the balance sheet. - FY2022-Q3ReframedAnnual report
「This represents the unpaid portion of the ¥536 million settlement payment agreed through mediation by the Osaka District Court in the litigation concerning 2 properties in Osaka, which had been brought by タクトホーム株式会社 on 19 November 2020.」
In the ongoing litigation concerning 2 properties in Osaka, the company accepted mediation, establishing an obligation to pay a ¥536 million settlement. The risk disclosure shifted from the litigation to the unpaid settlement obligation. - FY2022-Q2RestatedAnnual report
「On 19 November 2020, the company was served with a lawsuit filed in the Osaka District Court.」
The continuing litigation concerning 2 properties in Osaka was reiterated in the disclosures on the going-concern assumption and contingent liabilities. - FY2022-Q1RestatedAnnual report
「On 19 November 2020, the company was served with a lawsuit filed in the Osaka District Court.」
The continuing litigation concerning 2 properties in Osaka was reiterated in the disclosures on the going-concern assumption and contingent liabilities. - FY2021-Q3First statedAnnual report
「On 19 November 2020, the company was served with a lawsuit filed in the Osaka District Court. The plaintiff filed the lawsuit against the company seeking the acquisition of and payment for 2 properties in Osaka, for which the company had entered into a purchase and sale contract with the plaintiff on 29 October 2018 and completed delivery and registration of the transfer of ownership to the plaintiff, claiming ¥3,146,393,400 plus litigation costs and other amounts.」
The company was sued on 19 November 2020 concerning 2 properties in Osaka. The claim was stated as ¥3,146,393,400 plus litigation costs and other amounts.