Lawsuit by Tokyo Shoko Research Co., Ltd.
First written in FY2024. 2 of 4 entries say "Mitigated", first in FY2026-H1. Latest entry: 2026-05-13.
The whole theme swung hardest in 2024: 3 of 25 companies on the "Worse" side.
10 other companies' latest entry also says "Mitigated".
- 2026-05-13MitigatedRevisions to earnings forecastsSuggests it is closing out
「Partly because the impact of the litigation-related loss recognized in the previous fiscal year had been eliminated, profit attributable to owners of the parent was ¥223,311 thousand, representing a return to profitability from the loss of ¥49,599 thousand in the previous fiscal year.」
The company stated that the impact of the loss recognized in the previous fiscal year in connection with litigation involving Tokyo Shoko Research had been eliminated. - FY2026-H1MitigatedAnnual report
「The litigation-related loss recognized in the previous fiscal year in connection with Tokyo Shoko Research was settled through mediation by the Tokyo High Court in March 2025, and the dispute was fully resolved through payment of a settlement of ¥100 million.」
The litigation with Tokyo Shoko Research was concluded through mediation by the Tokyo High Court, and the dispute was resolved through payment of a settlement, according to the company. - FY2025-H1WorsenedAnnual report
「The company received the first-instance judgment on 2 September 2024 (date the original judgment was served: 4 September 2024). The company has appealed part of the judgment to the Tokyo High Court, as it disagrees with that part. In the interim consolidated accounting period, it recognized an estimated future loss of ¥1,254.456 million as a provision for litigation losses under current liabilities and as an expense for provision for litigation losses under extraordinary losses (litigation-related losses).」
The company received the first-instance judgment in the litigation with Tokyo Shoko Research and recognized a provision for litigation losses of ¥1,254.456 million. The company is appealing, and the opposing party has also filed a cross-appeal. - FY2024MaterialisedAnnual report
「Regarding the litigation brought by Tokyo Shoko Research against the company as defendant before the Tokyo District Court, the company believes that the claims made by Tokyo Shoko Research are without merit.」
The company stated that litigation had in fact been brought before the Tokyo District Court in connection with its previous contract and reliance on information from Tokyo Shoko Research. At the same time, it believes there will be no material impact on its business.