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Maruchiyo Yamaokaya (3399) · RiskMitigated

Damages lawsuit arising from excessive working hours

First written in FY2019-Q3. 6 of 12 entries say "Restated". Latest entry: FY2022.

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ProgressHeldSoftenedWorseRestatedFY2019 – FY2021-Q2OtherFY2021 – FY2022-Q32018: 12019: 420192020: 220202021: 420212022: 12022
Same theme, other companies
Damages lawsuit arising from excessive working hoursA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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Full recordFilings, disclosures and news, newest first
  1. FY2022MitigatedAnnual report

    「In addition, on 17 September 2020, the Company had been sued by another relative of the same former employee, who sought damages of ¥45.885 million plus late-payment damages based on similar allegations. A settlement was reached on 6 January 2022.」

    The excessive-working-hours lawsuit brought by the other relative, which had remained ongoing, was also settled, bringing both of the previous 2 lawsuits to a settlement.
  2. FY2022-Q3RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    Separate from the settled lawsuit, the ¥45.885 million damages lawsuit brought by another relative of the former employee remains ongoing, and the Company continues its policy of responding after consulting with its attorneys.
  3. FY2022-Q2Confirmation of settlement paymentAnnual report

    「Litigation settlement payment - △ 26,000」

    The statement of cash flows shows that the Company paid the ¥26 million settlement amount relating to the settled excessive-working-hours lawsuit. The ¥45.885 million lawsuit brought by another relative remains ongoing.
  4. FY2022-Q1Recording of settlement paymentAnnual report

    「Litigation settlement payment 26,000」

    The Company recorded the ¥26 million settlement payment for the lawsuit arising from excessive working hours as an extraordinary loss in the first quarter. The ¥45.885 million lawsuit brought by another relative remains ongoing.
  5. FY2021One settled, one ongoingAnnual report

    「The Company was sued by a relative of a former Company employee on 16 October 2018. The plaintiff alleged that the intracranial hemorrhage and other conditions suffered by the former employee during working hours, which resulted in permanent disability, were caused by excessive working hours at the Company, and sought damages of ¥92.869 million plus late-payment damages. A settlement was reached on 30 March 2021.」

    The previous lawsuit for ¥92.869 million was settled on 30 March 2021, and the Company acknowledged an obligation to pay a settlement amount of ¥26 million. Meanwhile, the ¥45.885 million lawsuit brought by another relative remains ongoing.
  6. FY2021-Q3WorsenedAnnual report

    「In addition, on 17 September 2020, the Company was sued by another relative of the same former employee, who sought damages of ¥45.885 million plus late-payment damages based on similar allegations.」

    The Company stated that, in addition to the existing lawsuit, another relative of the former employee had newly filed a lawsuit seeking ¥45.885 million in damages plus late-payment damages.
  7. FY2021-Q2RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    A damages lawsuit arising from excessive working hours remains ongoing. The Company stated that it would respond after consulting with its attorneys and that the impact on its results is unknown.
  8. FY2020-Q3RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    The Company reiterated that the damages lawsuit arising from excessive working hours remains ongoing, that it is responding after consulting with its attorneys, and that the impact on its results is unknown.
  9. FY2020-Q2RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    The Company reiterated that the damages lawsuit arising from excessive working hours remains ongoing, that it plans to respond after consulting with its attorneys, and that the impact on its results is unknown.
  10. FY2020-Q1RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    A damages lawsuit arising from excessive working hours remains ongoing. The Company stated that it would respond after consulting with its attorneys and that the impact on its results is unknown.
  11. FY2019RestatedAnnual report

    「The Company intends to consult with its attorneys and take appropriate action in court in connection with the lawsuit. At present, the impact on the Company's results is unknown.」

    A damages lawsuit arising from excessive working hours remains ongoing. The Company stated that it would respond after consulting with its attorneys and that the impact on its results is unknown.
  12. FY2019-Q3MaterialisedAnnual report

    「The plaintiff filed a lawsuit against the Company seeking damages, alleging that the intracranial hemorrhage and other conditions suffered by a former Company employee during working hours on 19 October 2015, which resulted in permanent disability, were caused by excessive working hours at the Company.」

    The lawsuit was filed on 16 October 2018, and the complaint was served on 21 November of the same year. The claim was for ¥92,869,326 in damages plus late-payment damages. As of the filing date, the Company stated that it was investigating the plaintiff's allegations and would respond after consulting with its attorneys.
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Damages lawsuit arising from excessive working hours | Maruchiyo Yamaokaya Corporation (3399) | Komori