Pending litigation and no material impact on financial condition or operating results
First written in FY2018-Q1. 10 of 16 entries say "Restated". Latest entry: FY2026-H1.
SHINTO Holdings moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
108 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「Both lawsuits are currently pending, and the group intends to present its arguments in the proceedings.」
The company continues to intend to present its arguments in the lawsuits relating to the occupational accident and the claims against 大都商会 for damages and other claims, while recognizing that their impact cannot be predicted at this time. - FY2025-H1RestatedAnnual report
「Depending on how the above lawsuits develop, they may affect future financial performance, although it is difficult to predict the impact at this time.」
The company continues to recognize that the lawsuit relating to the occupational accident and the lawsuits against 大都商会 seeking damages and other claims are pending, and that their impact on future financial performance is difficult to predict. - FY2024-Q3WorsenedAnnual report
「The company was sued on 31 October 2023 by an employee of a moving company for damages arising from an occupational accident that occurred in September 2018. The amount claimed is ¥48.336 million. In addition, 株式会社大都商会, a consolidated subsidiary of the company, was sued by former customers and business partners for damages and other claims, with ¥69.352 million claimed.」
The disclosure states that, in addition to the existing lawsuits against 大都商会, a new lawsuit seeking ¥48.336 million in damages arising from an occupational accident was filed. - FY2023-Q2RestatedAnnual report
「The company's subsidiary, 株式会社大都商会, has been sued by former customers and business partners for damages and other claims. The amount claimed is ¥40.403 million, and the lawsuits are currently pending.」
The disclosure continues to state that lawsuits brought by former customers and business partners against 大都商会 seeking damages and other claims are pending, with ¥40.403 million claimed, and that no provision has been recognized. - FY2023-Q1WorsenedAnnual report
「The company's subsidiary, 株式会社大都商会, has been sued by former customers and business partners for damages and other claims. The amount claimed is ¥40.403 million, and the lawsuits are currently pending.」
The disclosure describes the new development that 株式会社大都商会 is being sued by former customers and business partners for damages and other claims, with ¥40.403 million claimed. No provision has been recognized because a reasonable estimate cannot be made. - FY2022-Q1RestatedAnnual report
「We will continue to respond appropriately to this lawsuit. We have also recognized the required provision for litigation losses.」
The company continues to pursue an appropriate response to multiple lawsuits seeking payment of accounts receivable and to recognize the necessary provision for litigation losses. - FY2021-Q3RestatedAnnual report
「We will continue to respond appropriately to this lawsuit. We have also recognized the required provision for litigation losses.」
Amid multiple lawsuits seeking payment of trade receivables, it continues to recognize a provision for litigation losses and maintain a policy of responding appropriately. - FY2021-Q2RestatedAnnual report
「We will continue to respond appropriately to this lawsuit. We have also recognized the required provision for litigation losses.」
Amid multiple lawsuits seeking payment of trade receivables, it states the policy of recognizing a provision for litigation losses and continuing to respond appropriately. - FY2020WorsenedAnnual report
「We have been named as a defendant in multiple lawsuits brought by suppliers concerning, among other matters, the non-payment of trade receivables for apparel we purchased. Depending on the judgments in these lawsuits, they may affect our Group's operating results.」
As multiple lawsuits remain pending, litigation risk has become more concrete through developments in the judgments and disputes, including a new lawsuit brought by 維健集團 and the first-instance judgment in the 江蘇舜天 case. - FY2020-Q3WorsenedAnnual report
「On 23 October 2019, we were served with a new lawsuit brought by 維健集團（香港）有限公司 in the Tokyo District Court.」
Amid multiple pending lawsuits, it states that 維健集團（香港）有限公司 brought a new lawsuit seeking payment of trade receivables. - FY2019RestatedAnnual report
「We have been named as a defendant in multiple lawsuits brought by suppliers concerning, among other matters, the non-payment of trade receivables for apparel we purchased. Depending on the judgments in these lawsuits, they may affect our Group's operating results.」
It continues to describe the general litigation risk that multiple lawsuits exist and that the operating results may be affected by the judgments. - FY2019-Q3RestatedAnnual report
「In addition to the above, although our Group is involved in pending litigation, we believe that, as of the end of the third quarter consolidated accounting period, none of the cases has a material impact on our financial position or operating results.」
Although pending litigation exists, it continues to state the company's view that, as of the end of the quarter, it has no material impact on the financial position or operating results. - FY2019-Q2RestatedAnnual report
「In addition to the above, although our Group is involved in pending litigation, we believe that, as of the end of the second quarter consolidated accounting period, none of the cases has a material impact on our financial position or operating results.」
Although pending litigation exists, it continues to state the company's view that, as of the end of the quarter, it has no material impact on the financial position or operating results. - FY2018WorsenedAnnual report
「Depending on the judgments in these lawsuits, they may affect our operating results.」
Regarding the pending litigation, the disclosure has changed from the general statement that there is no material impact to explicitly stating that the operating results may be affected depending on the judgments. - FY2018-Q3RestatedAnnual report
「In addition to the above, although our Group is involved in pending litigation, we believe that, as of the end of the third quarter consolidated accounting period, none of the cases has a material impact on our financial position or operating results.」
Although pending litigation exists, it continues to state the company's view that, as of the end of the quarter, it has no material impact on the financial position or operating results. - FY2018-Q1First statedAnnual report
「Although we are involved in pending litigation, we believe that, as of the end of the first quarter accounting period, none of the cases has a material impact on our financial position or operating results.」
It states that pending litigation exists, while recording the company's view that, as of the end of the quarter, it has no material impact on the financial position or operating results.