Risk of Material Litigation and Legal Proceedings
First written in FY2016. 12 of 23 entries say "Restated". Latest entry: FY2025.
Takizawa Ham moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
21 other companies' latest entry also says "Mitigated".
- FY2025MitigatedAnnual report
「Extraordinary losses decreased by ¥49 million from the previous consolidated fiscal year to ¥4 million. This was mainly because a litigation-related loss was recorded in the previous consolidated fiscal year.」
The ¥44 million litigation-related loss recorded in the previous fiscal year was not recorded in the current fiscal year, and extraordinary losses decreased to ¥4 million. The impact of the loss following the payment ordered in the patent infringement judgment decreased in the current fiscal year's earnings. - FY2024Full-year recognition of judgment-related lossAnnual report
「The company paid promptly and recorded ¥44 million as a litigation-related loss under extraordinary losses.」
The company made the payment ordered in the patent infringement lawsuit and recorded a ¥44 million litigation-related loss under extraordinary losses for the full fiscal year. It explained that it changed the manufacturing method in February 2020 and that the current products do not infringe the patent. - FY2024-Q3MaterialisedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). On 27 December 2023, the Intellectual Property High Court partially upheld the claims of 株式会社シンコウフーズ and Starzen Company Limited and issued a judgment ordering the company to cease its patent-infringing acts and to pay a total of ¥37 million plus late-payment damages. The company paid promptly and recorded ¥44 million as a litigation-related loss under extraordinary losses.」
A judgment was issued by the Intellectual Property High Court in the pending patent infringement lawsuit, ordering the company to cease the infringement and pay a total of ¥37 million and other amounts. The company made the payment and recorded a ¥44 million litigation-related loss under extraordinary losses. It also explained that it changed the manufacturing method for the relevant products in February 2020 and that none of the products currently manufactured or sold infringe the patent. - FY2024-Q2RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595), and is currently pending.」
The patent infringement lawsuit remains pending, and the disclosure reaffirms that its impact is difficult to reasonably predict. - FY2024-Q1RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595), and is currently pending.」
The patent infringement lawsuit remains pending, and the disclosure reaffirms that its impact is currently difficult to predict. - FY2023-Q3RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595), and is currently pending.」
The continuing pendency of the patent infringement lawsuit and the current difficulty of reasonably predicting its impact are reaffirmed. - FY2023-Q2RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595), and is currently pending.」
The continuing pendency of the patent infringement lawsuit and the previously disclosed difficulty of reasonably predicting its impact are reiterated. - FY2023-Q1RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595), and is currently pending.」
The continuing pendency of the patent infringement lawsuit is reiterated. This quarterly report does not disclose any new judgment or recognition of litigation-related expenses. - FY2022MaterialisedAnnual report
「The lawsuit concerns a claim for vacation of part of the land and buildings leased by the company's directly operated store, レッケルバルト栃木本店. On 26 April 2022, the Tochigi Branch of the Utsunomiya District Court issued a judgment ordering the company to vacate the land and buildings.」
A judgment was issued in the lawsuit seeking vacation of the buildings, and impairment and demolition costs were recorded for buildings no longer expected to be used. The patent infringement lawsuit, meanwhile, remains pending. - FY2022-Q3RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
The continuing pendency of the patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief is reiterated. No new judgment or litigation-related expense for the quarter is disclosed. - FY2022-Q2RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
The continuing pendency of the patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief is reiterated. No new judgment or litigation-related expense for the quarter is disclosed. - FY2021-Q3RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
The continuing pendency of the patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief is reiterated. No new judgment is indicated. - FY2021-Q2RestatedAnnual report
「The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
The disclosure states that the patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief remain pending. No new judgment is indicated. - FY2021-Q1RestatedAnnual report
「On 19 November 2018, the company was jointly sued by Starzen Company Limited and 株式会社シンコウフーズ. The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
The continuing pendency of the patent infringement lawsuit is reiterated. No new judgment or litigation-related expense was disclosed for the quarter. - FY2020WorsenedAnnual report
「Litigation-related expenses 4,866 21,729」
The patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief remain pending. Litigation-related expenses increased from ¥4.866 million in the previous fiscal year to ¥21.729 million. - FY2020-Q3WorsenedAnnual report
「Litigation-related expenses - 19,236」
The patent infringement lawsuit and the lawsuit seeking vacation of buildings and other relief remain pending. Litigation-related expenses for the nine months ended the third quarter were ¥19.236 million, up from the expenses recorded through the previous quarter. - FY2020-Q2MaterialisedAnnual report
「On 17 September 2019, the company was sued for vacation of buildings and other relief based on nonperformance of contractual obligations. The lawsuit seeks the vacation of part of the land and buildings leased by the company's directly operated store, レッケルバルト栃木本店, and is pending before the Tochigi Branch of the Utsunomiya District Court.」
In addition to the patent infringement lawsuit, a lawsuit seeking vacation of the land and buildings leased by a directly operated store was newly filed and is pending. Litigation-related expenses of ¥7.826 million were recorded for the six months ended the second quarter. - FY2020-Q1MaterialisedAnnual report
「On 19 November 2018, the company was jointly sued by Starzen Company Limited and 株式会社シンコウフーズ. The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court. ……Litigation-related expenses - 5,197」
The patent infringement lawsuit remains pending, and ¥5.197 million in litigation-related expenses was recorded in the first quarter. - FY2019MaterialisedAnnual report
「Extraordinary losses were ¥22 million, approximately the same as in the previous consolidated fiscal year. The main item was, as in the previous fiscal year, a loss on disposal of property, plant and equipment.」
A patent infringement lawsuit remains pending, and ¥4.866 million in litigation-related expenses was recorded in the fiscal year. - FY2019-Q3MaterialisedAnnual report
「On 19 November 2018, the company was jointly sued by Starzen Company Limited and 株式会社シンコウフーズ. The lawsuit seeks an injunction against the manufacture, sale and other dealings in the relevant products, as well as damages, on the grounds that they infringe a patent held by 株式会社シンコウフーズ for a method of manufacturing specified heated meat products (Patent No. 5192595). The case is pending before the Tokyo District Court.」
Whereas the disclosure had previously described the possibility of general litigation and legal proceedings, a lawsuit seeking an injunction against manufacture and sale and damages for patent infringement was actually filed. The impact is described as currently difficult to reasonably predict. - FY2018RestatedAnnual report
「The Group may become subject to litigation, disputes and other legal proceedings in connection with its business.」
General risks relating to litigation, disputes and other legal proceedings continue to be described. - FY2017RestatedAnnual report
「The Group may become subject to litigation, disputes and other legal proceedings in connection with its business.」
The possibility of material litigation and other proceedings continues to be described as a general risk. - FY2016First statedAnnual report
「The Group may become subject to litigation, disputes and other legal proceedings in connection with its business.」
The possibility that future litigation and other proceedings could affect operating results and financial condition is described as a general risk.