Litigation and Third-Party Intellectual Property Infringement
First written in FY2018. 2 of 5 entries say "Restated". Latest entry: FY2024-Q2.
The whole theme swung hardest in 2024: 4 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2024-Q2MitigatedAnnual report
「On 5 October 2023, the Tokyo High Court dismissed the appeal and issued a judgment ordering the appellant to bear the costs of the appeal. The judgment became final and binding, eliminating the risk.」
With respect to the damages claim lawsuit against Cresco Wireless Co., Ltd., the Tokyo High Court’s judgment dismissing the appeal became final and binding, eliminating the litigation risk previously disclosed. - FY2020RestatedAnnual report
「Cresco Wireless Co., Ltd., a consolidated subsidiary of the company, was sued during the current consolidated fiscal year.」
The lawsuit against Cresco Wireless Co., Ltd. was also reported in the annual report as a material litigation matter. - FY2020-Q3MaterialisedAnnual report
「Cresco Wireless Co., Ltd., a consolidated subsidiary of the company, was sued during the third quarter of the current consolidated fiscal year, as described below.」
Cresco Wireless Co., Ltd. was subject to a damages claim lawsuit for ¥696,359,581. The company considered the claim unjustified and determined that it would have no impact on consolidated results. - FY2019RestatedAnnual report
「In connection with its business activities, the company could face lawsuits concerning liability for the services or products it provides, labour-related issues and other matters. Depending on developments in such litigation, the operating performance and other results of our corporate group could be affected by damages payable, reputational damage and other factors.」
The company continues to describe the risks of litigation and claims arising from service and product liability, labour-related issues, and infringement of third-party intellectual property rights. - FY2018First statedAnnual report
「In connection with its business activities, the company could face lawsuits concerning liability for the services or products it provides, labour-related issues and other matters. Depending on developments in such litigation, the operating performance and other results of our corporate group could be affected by damages payable, reputational damage and other factors.」
The company describes the risks of litigation and claims arising from service and product liability, labour-related issues, and infringement of third-party intellectual property rights.