Litigation and contingent liabilities related to bribery and antitrust violations involving Tokyo 2020
First written in FY2023. 1 of 3 entries say "Restated". Latest entry: FY2025.
Hakuhodo Dy Holdings moved to the "Worse" side of this theme in 2025.
1 other company's latest entry also says "Materialised".
- FY2025MaterialisedAnnual report
「A guilty verdict was handed down on 11 July 2024. We appealed to the Tokyo High Court on 24 July of the same year, disagreeing with the judgment. Subsequently, although the Tokyo High Court handed down a judgment dismissing the appeal on 8 May 2025, we appealed to the Supreme Court on 19 May of the same year, disagreeing with the judgment.」
Disclosed specific developments in the litigation concerning the Tokyo 2020-related Antimonopoly Act violation case, including the guilty verdict, dismissal of the appeal and appeal to the Supreme Court. The possibility of exercising contractual claims continues to be disclosed. - FY2024RestatedAnnual report
「Regarding the indictment for an Antimonopoly Act violation (unreasonable restraint of trade) in connection with contracts, including contracts for outsourced planning of test events conducted for the Tokyo 2020 Olympic and Paralympic Games, if a guilty verdict against 株式会社博報堂 or an administrative sanction by the Japan Fair Trade Commission becomes final, the relevant claim may be exercised under contracts relating to the event. At present, it is difficult to reasonably estimate the amount of the impact.」
The trial concerning alleged Antimonopoly Act violations related to Tokyo 2020 and the possibility of exercising contractual claims remain ongoing; the disclosure also describes thorough implementation of measures to prevent recurrence based on the recommendations of the Special Investigation Committee. - FY2023First statedAnnual report
「The litigation is ongoing. However, if a guilty verdict against 株式会社博報堂 or an administrative sanction by the Japan Fair Trade Commission becomes final, the relevant claim may be exercised under contracts relating to the event. At present, it is difficult to reasonably estimate the amount of the impact.」
Disclosed the ongoing litigation and the possibility of exercising contractual monetary claims as contingent liabilities following the indictment concerning alleged Antimonopoly Act violations related to the Tokyo 2020 Games.