Litigation and Dispute Risk
First written in FY2020. 6 of 13 entries say "Restated". Latest entry: 2026-08-05.
Shinto Paint moved to the "Worse" side of this theme in 2022, 2 years before the typical company in this theme (2024).
110 other companies' latest entry also says "Restated".
- 2026-08-05RestatedEarnings
「We have been served with lawsuits seeking total damages of ¥703 million for losses related to the improper conduct.」
不適切行為に関する損害賠償請求訴訟の総額703百万円が継続して開示された。 - FY2026WorsenedAnnual report
「We have been served with lawsuits seeking total damages of ¥703 million for losses related to the improper conduct.」
The disclosed aggregate amount of damages claimed in lawsuits concerning the quality-related improper conduct has reached ¥703 million, and litigation risk remains. Of this amount, ¥670 million relates to the lawsuit filed by 株式会社ハズ. - 2026-05-12RestatedEarnings
「一部のお客様からは、地方裁判所において、本件不適切行為に係る損害として総額703百万円の賠償を求める訴訟の提起を受けております。」
不適切行為に関する損害賠償請求訴訟の総額703百万円が継続して開示された。 - FY2026-H1WorsenedAnnual report
「In addition, certain customers have filed lawsuits in the district court seeking total damages of ¥703 million for losses related to the improper conduct. Of this amount, ¥670 million relates to the lawsuit filed by 株式会社ハズ on 18 May 2023; we received the complaint on 5 June 2023.」
The aggregate amount claimed in the disclosed damages lawsuits concerning the improper conduct is ¥703 million. - FY2025RestatedAnnual report
「In addition, on 18 May 2023, 株式会社ハズ filed a lawsuit seeking total damages of ¥670 million in connection with the improper practices, and we received the complaint on 5 June 2023.」
The ¥670 million damages lawsuit filed by 株式会社ハズ remains ongoing, and the company continues to respond in consultation with its lawyers. - FY2025-H1RestatedAnnual report
「In addition, on 18 May 2023, 株式会社ハズ filed a lawsuit seeking total damages of ¥670 million in connection with the improper practices, and we received the complaint on 5 June 2023.」
The dispute, including the ¥670 million damages lawsuit filed by 株式会社ハズ, remains ongoing and was disclosed during the current interim period. - FY2024-Q3RestatedAnnual report
「Of this amount, ¥670 million relates to the lawsuit filed by 株式会社ハズ on 18 May 2023, and we received the complaint on 5 June 2023. We will respond to the mediation and litigation after consulting with our lawyers.」
Disputes, including the lawsuit filed by 株式会社ハズ seeking ¥670 million in damages, remain ongoing, and we are responding in consultation with our lawyers. - FY2024-Q2RestatedAnnual report
「Of this amount, ¥670 million relates to the lawsuit filed by 株式会社ハズ on 18 May 2023, and we received the complaint on 5 June 2023. We will respond to the mediation and litigation after consulting with our lawyers.」
Disputes, including the lawsuit filed by 株式会社ハズ seeking ¥670 million in damages, remain ongoing, and we are responding in consultation with our lawyers. - FY2023WorsenedAnnual report
「Of this amount, ¥670 million relates to the lawsuit filed by 株式会社ハズ on 18 May 2023, and we received the complaint on 5 June 2023.」
In connection with the quality-related improper practices, 株式会社ハズ filed a lawsuit seeking ¥670 million in damages, and we received the complaint. - FY2023-Q3MaterialisedAnnual report
「In addition, some customers have submitted mediation applications and other documents concerning compensation for the improper practices, and we will respond after consulting with our lawyers.」
Beyond the general risk of lawsuits and disputes, it is stated that some customers have submitted mediation applications and other documents concerning compensation for the improper practices. - FY2023-Q1WorsenedAnnual report
「Depending on the outcome of future discussions with customers and others, new losses, including compensation costs related to the improper practices, may arise and affect our consolidated results. However, matters whose impact cannot reasonably be estimated at this time have not been reflected in the quarterly consolidated financial statements.」
Discussions with customers and others concerning the quality-related improper practices are continuing, and the uncertainty of losses and disputes if compensation discussions cannot be resolved has been specifically identified. - FY2022WorsenedAnnual report
「If an agreement cannot be reached on compensation during discussions with customers and others concerning the improper practices, lawsuits or other proceedings may be brought against us.」
In addition to the general risk of lawsuits and disputes, the possibility of litigation if discussions on compensation for the quality-related improper practices cannot be resolved was specifically identified. - FY2020First statedAnnual report
「In connection with its domestic and overseas businesses, our group may become subject to lawsuits, disputes and other legal proceedings. If significant litigation or other proceedings are brought in the future, our group’s financial position, results of operations and cash flows may be affected.」
The risks of lawsuits, disputes and other legal proceedings related to domestic and overseas businesses were identified independently for the first time.