Sales fluctuations resulting from the resolution of a major lawsuit involving a Korean client
First written in FY2017-Q2. 7 of 10 entries say "Restated". Latest entry: FY2024-Q2.
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- FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
It was stated that there had been no significant change in the risk of revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client. - FY2020-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or significant change in the risk of revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client. - FY2019DroppedAnnual report
「While cross-border projects in South Korea and Taiwan performed strongly」
The specific reference previously made to revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client was not found in the performance or risk disclosures for the fiscal year, while the strong performance of cross-border projects in South Korea and Taiwan was disclosed. - FY2019-Q2RestatedAnnual report
「During the first six months of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It was stated that there had been no new occurrence or significant change in revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client. - FY2018DroppedAnnual report
「As a result of winning large-scale projects in South Korea and Taiwan」
The specific reference previously made to revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client was not found in the risk disclosures for the fiscal year, while the acquisition of large-scale projects in South Korea and Taiwan was disclosed. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Explained that there had been no new occurrence or significant change in the risk of revenue fluctuations resulting from the conclusion of a major lawsuit involving a specific customer’s major lawsuit. - FY2018-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
Explained that there had been no new occurrence or significant change in the risk of revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client. - FY2018-Q1RestatedAnnual report
「No new business or other risks arose during the first quarter of the current consolidated cumulative period. There were also no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
Explained that there had been no new occurrence or significant change in the risk of revenue fluctuations resulting from the conclusion of a major lawsuit involving a South Korean client. - FY2017-Q3RestatedAnnual report
「In the e-discovery business, revenue increased substantially following the expansion of sales channels after EvD, Inc. became a subsidiary in August 2015. However, in addition to having to slow sales activities while prioritizing the establishment of internal controls over revenue recognition at the U.S. subsidiary to normalize the business integration, the conclusion of a major lawsuit involving a South Korean client meant that revenue increased only 7.2% year on year to ¥7,738.752 million.」
Continued to disclose the impact of the conclusion of a major lawsuit involving a South Korean client on e-discovery revenue growth. - FY2017-Q2MaterialisedAnnual report
「In the e-discovery business, revenue increased substantially after EvD, Inc., acquired in August 2015, became a subsidiary. However, due to the conclusion of a large-scale lawsuit involving a Korean client and the impact of efforts to contain legal costs, revenue was ¥4,947,785 thousand, representing only an 18.3% year-on-year increase.」
Newly disclosed that the conclusion of a major lawsuit involving a specific customer and the resulting restraint on legal costs limited revenue growth in the e-discovery business.