Risk of operating and financial impacts from ongoing litigation
First written in FY2021. 3 of 6 entries say "Restated". Latest entry: FY2026.
Ohishi Sangyo moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
1 other company's latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Regarding litigation and other claims against the Group, we seek to prevent such matters in advance by clarifying contracts and through other measures.」
The previous reference to ongoing litigation is no longer present, and the description now focuses on general risk management measures, primarily preventing disputes in advance by clarifying contracts. - FY2024RestatedAnnual report
「In addition, ¥57 million in amounts to be refunded in connection with directors' retirement benefit payments, resulting from part of those payments not being made following the conclusion of the litigation, has been recognized as extraordinary income.」
The conclusion of the litigation previously described as ongoing and the recognition of the ¥57 million refund of directors' retirement benefit payments as extraordinary income have also been confirmed for the full fiscal year. - FY2024-Q3RestatedAnnual report
「In addition, ¥57 million in amounts to be refunded in connection with directors' retirement benefit payments, resulting from part of those payments not being made following the conclusion of the litigation, has been recognized as extraordinary income.」
The conclusion of the litigation previously described as ongoing and the recognition of the related ¥57 million refund as extraordinary income continue to be described. The uncertainty associated with the litigation has diminished following its conclusion. - FY2024-Q2MitigatedAnnual report
「In addition, ¥57 million in amounts to be refunded in connection with directors' retirement benefit payments, resulting from part of those payments not being made following the conclusion of the litigation, has been recognized as extraordinary income.」
The litigation previously described as ongoing has concluded, and as a result, the nonpayment of part of the directors' retirement benefit payments and the ¥57 million refund have been recognized as extraordinary income. The uncertainty associated with the litigation has diminished following its conclusion. - FY2022RestatedAnnual report
「The Group sells industrial packaging materials in Japan and overseas and may face lawsuits seeking damages and other claims in the course of its business. There is currently ongoing litigation, and depending on its developments, it may adversely affect the Group's operating results and financial condition.」
The Company continues to describe ongoing litigation and the possibility of adverse effects on operating results and financial condition arising from its developments. It also states a policy of addressing the matter in cooperation with its legal advisers. - FY2021First statedAnnual report
「The Group sells industrial packaging materials in Japan and overseas and may face lawsuits seeking damages and other claims in the course of its business. There is currently ongoing litigation, and depending on its developments, it may adversely affect the Group's operating results and financial condition.」
Ongoing litigation and the possibility that its developments may adversely affect operating results and financial condition are described as a separate risk.