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Kansai Paint (4613) · RiskMitigated

Lawsuit filed by a non-controlling shareholder of Kansai Plascon Nigeria Ltd.

First written in FY2019. 1 of 2 entries say "Materialised", first in FY2019. Latest entry: FY2020.

2entries
2years
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY20192019: 120192020: 12020
Same theme, other companies
Damages litigation brought by non-controlling shareholders of an overseas subsidiaryA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020MitigatedAnnual report

    「The Company, its consolidated subsidiary Kansai Plascon Africa Ltd., and its subsidiary Kansai Plascon Nigeria Ltd., among others, were sued by non-controlling shareholders of Kansai Plascon Nigeria Ltd. for damages over alleged violations of the shareholders’ agreement, among other claims. Following discussions aimed at resolving the matter through a settlement, an agreement was reached. Accordingly, the lawsuit was withdrawn and concluded.」

    The lawsuit brought by non-controlling shareholders of Kansai Plascon Nigeria Ltd. was withdrawn and concluded following a settlement agreement.
  2. FY2019MaterialisedAnnual report

    「The Company, its consolidated subsidiary Kansai Plascon Africa Ltd., and its subsidiary Kansai Plascon Nigeria Ltd., among others, are currently engaged in civil litigation brought by non-controlling shareholders of Kansai Plascon Nigeria Ltd., who are seeking damages for alleged violations of the shareholders’ agreement, among other claims.」

    This was the first thread noting that non-controlling shareholders of Kansai Plascon Nigeria Ltd. had filed a damages claim and that the matter was being litigated.
Moved together

"EBITDA growth and maintaining ROE above 10%" moved the same way as this thread, in the same document, in 2 of its 2 moves.

222★123
  1. ★This thread
  2. 1EBITDA growth and maintaining ROE above 10%2×
  3. 2Occurrence of accidents and disasters, including natural disasters2×
  4. 3Losses arising from debt guarantees to affiliates2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

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News
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Lawsuit filed by a non-controlling shareholder of Kansai Plascon Nigeria Ltd. | KANSAI PAINT CO.,LTD. (4613) | Komori