Judgment and Appeal in Lawsuit Against HAPPINET CORPORATION Seeking Return of Outsourcing Fees and Other Amounts
First written in FY2017-Q2. 2 of 7 entries say "Materialised", first in FY2017-Q2. Latest entry: FY2019-Q1.
The whole theme swung hardest in 2025: 12 of 70 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
- FY2019-Q1Petition for acceptance of final appeal rejected, making the appellate judgment finalAnnual report
「SRA filed a petition for acceptance of a final appeal on 27 December 2017, objecting to the appellate judgment in the litigation with Happinet Corporation ("Happinet"), which was announced in the 13 December 2017 notice titled "Notice Regarding the Judgment in the Appeal in Litigation Involving a Subsidiary of the Company." On 3 July 2018, the Supreme Court notified SRA of its decision not to accept the case as a final appeal.」
The Supreme Court notified SRA on 3 July 2018 of its decision not to accept the petition for acceptance of a final appeal concerning the litigation with Happinet. There was specific progress in the proceedings following the appellate judgment. - FY2018RestatedAnnual report
「As announced in the Company's notice dated 13 December 2017, “Notice Regarding the Judgment in the Lawsuit (Appeal) Involving a Subsidiary,” SRA filed a petition for acceptance of a final appeal on 27 December 2017, dissatisfied with the appellate judgment in the lawsuit against 株式会社ハピネット.」
The Company continues to disclose the petition for acceptance of a final appeal filed after the appellate judgment and the recognition of litigation-related losses in connection with the lawsuit against Happinet. - FY2018-Q3MaterialisedAnnual report
「Due to the recognition of extraordinary losses, including litigation-related losses concerning Happinet, profit attributable to owners of the parent was ¥697 million, down 64.6% year on year. 株式会社ＳＲＡ, a subsidiary of the Company (hereinafter, SRA), filed a petition for acceptance of a final appeal on 27 December 2017, dissatisfied with the appellate judgment in the lawsuit against 株式会社ハピネット (hereinafter, Happinet), as announced in the Company's notice dated 13 December 2017, “Notice Regarding the Judgment in the Lawsuit (Appeal) Involving a Subsidiary.”」
Following the appellate judgment in the lawsuit against Happinet, SRA filed a petition for acceptance of a final appeal and recognized ¥1,631 million in extraordinary losses, including litigation-related losses. The lawsuit affected profit attributable to owners of the parent, which was ¥697 million, down 64.6% year on year. - FY2018-Q1RestatedAnnual report
「The appeals filed by ＳＲＡ and ハピネット have been consolidated and are being heard by the Tokyo High Court.」
The lawsuit against Happinet is being heard together by the Tokyo High Court, as stated in the previous consolidated fiscal year. - FY2017Consolidated hearing in progress on appealAnnual report
「The appeals filed by ＳＲＡ and ハピネット have been consolidated and are being heard by the Tokyo High Court.」
The disclosure progressed from the previous statement that the cases were scheduled to be consolidated and heard to a statement that they were actually being heard together by the Tokyo High Court. - FY2017-Q3Progress in the appellate proceedingsAnnual report
「SRA's appeal and Happinet's appeal were consolidated and are scheduled to be heard by the Tokyo High Court.」
SRA's and Happinet's appeals against the first-instance judgment were scheduled to be heard together by the Tokyo High Court, and the Company stated that there was no impact on results at that time. - FY2017-Q2MaterialisedAnnual report
「The judgment was as follows. (1) Happinet was ordered to pay SRA ¥22,325,625 in damages and other claims, plus delinquency interest. (2) SRA was ordered to pay Happinet ¥822,322,500 in claims for the return of outsourcing fees and other amounts, plus delinquency interest. (3) All remaining claims by SRA and Happinet were dismissed. (4) SRA was ordered to bear 3/4 of the court costs and Happinet 1/4. (5) The judgment was provisionally enforceable. SRA, dissatisfied with the first-instance judgment, resolved at an extraordinary meeting of its Board of Directors held on 7 November 2016 to appeal, and filed an appeal with the Tokyo High Court on 8 November 2016.」
In the lawsuit against Happinet, the first-instance judgment was handed down, ordering SRA to pay ¥822,322,500 for the return of outsourcing fees and other claims. SRA appealed the judgment, being dissatisfied with it.