Resolution of litigation through settlement
UNITIKA LTD., its consolidated subsidiary 日本エステル株式会社, and 3 other companies (the defendants)
High-elongation sand-control sheet; part of the construction area for the buried embankment work on the runway at Naha Airport
Damages claim based on the plaintiffs' allegations that the high-elongation sand-control sheet suffered a substantial loss of strength and tore within a short period, causing subsidence and cavities that required repairs
Related procedures
Court settlement in a damages lawsuit
A specific joint venture for construction work comprising 3 companies, including Toa Corporation as the representative and 2 other companies
UNITIKA LTD., its consolidated subsidiary 日本エステル株式会社, and 3 other companies, for a total of 5 defendants
Consolidated results for the fiscal year ending March 2027
The impact of this matter on consolidated results for the fiscal year ending March 2027 is minor
If it becomes clear that a material impact will arise in the future, the company will promptly make an announcement.
| Item | Details |
|---|---|
| Event name | Resolution of litigation through settlement |
| Date of occurrence | 13 July 2026 (settlement date) |
| Date recognized / date notice received | 24 August 2021 (date the complaint was received) |
| Subject Entity | UNITIKA LTD., its consolidated subsidiary 日本エステル株式会社, and 3 other companies (the defendants) |
| Target Locations / Products | High-elongation sand-control sheet; part of the construction area for the buried embankment work on the runway at Naha Airport |
| Cause | Damages claim based on the plaintiffs' allegations that the high-elongation sand-control sheet suffered a substantial loss of strength and tore within a short period, causing subsidence and cavities that required repairs |
| Accounting period in which recognized | Consolidated results for the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The impact of this matter on consolidated results for the fiscal year ending March 2027 is minor |
| Type of litigation or proceeding | Court settlement in a damages lawsuit |
| Plaintiff | A specific joint venture for construction work comprising 3 companies, including Toa Corporation as the representative and 2 other companies |
| Defendant | UNITIKA LTD., its consolidated subsidiary 日本エステル株式会社, and 3 other companies, for a total of 5 defendants |
| Date of filing / date of action | Filing date: Not disclosed; complaint received: 24 August 2021; settlement date: 13 July 2026 |
| Outlook | If it becomes clear that a material impact will arise in the future, the company will promptly make an announcement. |
| Planned follow-up disclosure | If it becomes clear that a material impact will arise in the future, the company will promptly make an announcement. |
Items this document does not state (11)
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 company explained that, after considering attempts to reach a settlement, it determined that accepting the settlement was the best course of action. It has refrained from disclosing the settlement terms because they are subject to confidentiality provisions and considers the impact on results to be minor.