Notice Regarding the Resolution of Litigation Through Settlement and Recognition of an Extraordinary Loss
株式会社イメージワン (defendant) and 株式会社プロスパーアセット (plaintiff)
The Tokyo District Court presented a proposed settlement amount, taking into account the course of the litigation to date and the details of the matter. Following discussions with 株式会社プロスパーアセット through the court, the Company decided to settle. The Company also took various circumstances into account.
Related procedures
Settlement of an action seeking delivery of movable property and other relief
Tokyo District Court
株式会社プロスパーアセット
株式会社イメージワン
¥24,079,000 (amount ultimately claimed by the plaintiff)
¥9 million (settlement amount, scheduled to be recognized as an extraordinary loss in the financial results for the fiscal year ending September 2026)
Financial results for the fiscal year ending September 2026
The impact on the full-year earnings forecast is currently under review. If any fact requiring disclosure arises, the Company will promptly disclose it.
The Company plans to recognize the settlement amount as an extraordinary loss in its financial results for the fiscal year ending September 2026. The impact on the full-year earnings forecast will be reviewed, and if any fact requiring disclosure arises, the Company will promptly disclose it.
If any facts requiring disclosure arise, Japan Display Inc. will promptly announce them.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Resolution of Litigation Through Settlement and Recognition of an Extraordinary Loss |
| Date of occurrence | 25 June 2026 (settlement date) |
| Date recognized / date notice received | 29 June 2026 (date the settlement record was received) |
| Subject Entity | 株式会社イメージワン (defendant) and 株式会社プロスパーアセット (plaintiff) |
| Cause | The Tokyo District Court presented a proposed settlement amount, taking into account the course of the litigation to date and the details of the matter. Following discussions with 株式会社プロスパーアセット through the court, the Company decided to settle. The Company also took various circumstances into account. |
| Amount of Impact on Business Performance | ¥9 million (settlement amount, scheduled to be recognized as an extraordinary loss in the financial results for the fiscal year ending September 2026) |
| Accounting period in which recognized | Financial results for the fiscal year ending September 2026 |
| Impact on Earnings Forecast | The impact on the full-year earnings forecast is currently under review. If any fact requiring disclosure arises, the Company will promptly disclose it. |
| Type of litigation or proceeding | Settlement of an action seeking delivery of movable property and other relief |
| Court or authority | Tokyo District Court |
| Plaintiff | 株式会社プロスパーアセット |
| Defendant | 株式会社イメージワン |
| Date of filing / date of action | 27 September 2024 (filing date), 25 June 2026 (settlement date), 29 June 2026 (date the settlement record was received) |
| Claim amount / surcharge amount | ¥24,079,000 (amount ultimately claimed by the plaintiff) |
| Outlook | The Company plans to recognize the settlement amount as an extraordinary loss in its financial results for the fiscal year ending September 2026. The impact on the full-year earnings forecast will be reviewed, and if any fact requiring disclosure arises, the Company will promptly disclose it. |
| Planned follow-up disclosure | If any facts requiring disclosure arise, Japan Display Inc. will promptly announce them. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Tokyo District Court presented a proposed settlement amount, taking into account the course of the litigation to date and the details of the matter. Following discussions with 株式会社プロスパーアセット through the court, the Company decided to settle. The Company stated that it had taken various circumstances into account.