Risk of litigation judgments and loss burden concerning a medical insurance claims review system
First written in FY2019-Q2. 1 of 3 entries say "Restated". Latest entry: FY2019.
Japan System Techniques moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
13 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「The litigation, brought against the Company on 10 November 2015 by 株式会社プレシオン concerning payment of an incentive under a basic business alliance agreement and other agreements relating to the medical insurance claims review system, was settled on 10 May 2019. The settlement finally resolved the litigation, and the Company recorded the settlement payment of ¥380 million as an extraordinary loss in the current consolidated fiscal year.」
The medical insurance claims review system litigation, which had been under appeal, was settled on 10 May 2019, and the ¥380 million settlement payment was recorded as an extraordinary loss. - FY2019-Q3RestatedAnnual report
「However, because the factual findings underlying the Judgment differ from the Company's understanding, the Company has appealed the Judgment to the Osaka High Court, seeking continued recognition of its position. The Judgment includes a declaration of provisional enforcement. To avoid such provisional enforcement, the Company deposited ¥120 million with the Legal Affairs Bureau on 16 August 2018, presented under Other current assets.」
The appeal of the district court judgment and the ¥120 million deposit in connection with the litigation concerning the medical insurance claims review system continue to be disclosed. - FY2019-Q2First statedAnnual report
「On 10 November 2015, the Company was sued by 株式会社プレシオン for payment of an incentive under a basic business alliance agreement and other agreements relating to the medical insurance claims review system. The initial claim was ¥40.798 million, subsequently increased by the plaintiff to ¥145 million. On 10 August 2018, the Osaka District Court issued a judgment ordering the Company to pay ¥145 million (the “Judgment”). However, because the factual findings underlying the Judgment differ from the Company's understanding, the Company has appealed the Judgment to the Osaka High Court, seeking continued recognition of its position. The Judgment includes a declaration of provisional enforcement. To avoid such provisional enforcement, the Company deposited ¥120 million with the Legal Affairs Bureau on 16 August 2018, presented under Other current assets.」
In litigation concerning a business alliance agreement relating to the medical insurance claims review system, the district court ordered payment of ¥145 million, and the Company has appealed. The Company deposited ¥120 million to avoid provisional enforcement.