Komori
Occurring Fact5816Onamba Co.,Ltd.Iron & Steel, Nonferrous Metals

Notice Regarding the Filing of a Lawsuit Against the Company

KANEKA CORPORATION filed a lawsuit with the Osaka District Court seeking damages of ¥3,629,413,997 from the Company for recall-related losses allegedly caused by defects in certain products supplied by the Company. The Company will review the complaint and respond accordingly, but stated that the impact on its results cannot currently be determined.

Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
3629413997
¥
Wording
Avoiding a definitive answer
How definitive the wording is.

Filing of a Lawsuit Against the Company

Subject Entity

ONAMBA CO., LTD. (filing company)

Target Locations / Products

Specific products supplied by the Company relating to service entrance cables used in some residential solar power generation systems sold by the Company

Occurrence14 July 2026 (date the lawsuit was filed)
35 days later
Awareness or receipt of notice18 August 2026 (date the complaint was served on the Company)
Litigation / administrative action14 July 2026 (date the lawsuit was filed)
This disclosure08/18/2026
Cause

KANEKA CORPORATION claims that the recall was caused by defects in certain products supplied by the Company.

Related procedures

Type

Claim for damages

Court or authority

Osaka District Court

Plaintiff

KANEKA CORPORATION

Defendant

Onamba Co.,Ltd.

Claim amount / surcharge amount

¥3,629,413,997

Impact on Earnings Forecast

The impact on the Company's results cannot currently be determined.

Outlook

The Company intends to review the contents of the complaint and respond appropriately.

Planned follow-up disclosure

The Company will promptly disclose any matters that arise requiring further disclosure.

Event that occurred
ItemDetails
Event nameFiling of a Lawsuit Against the Company
Date of occurrence14 July 2026 (date the lawsuit was filed)
Date recognized / date notice received18 August 2026 (date the complaint was served on the Company)
Subject EntityONAMBA CO., LTD. (filing company)
Target Locations / ProductsSpecific products supplied by the Company relating to service entrance cables used in some residential solar power generation systems sold by the Company
CauseKANEKA CORPORATION claims that the recall was caused by defects in certain products supplied by the Company.
Impact on Earnings ForecastThe impact on the Company's results cannot currently be determined.
Type of litigation or proceedingClaim for damages
Court or authorityOsaka District Court
PlaintiffKANEKA CORPORATION
DefendantOnamba Co.,Ltd.
Date of filing / date of action14 July 2026 (date the lawsuit was filed)
Claim amount / surcharge amount¥3,629,413,997
OutlookThe Company intends to review the contents of the complaint and respond appropriately.
Planned follow-up disclosureThe Company will promptly disclose any matters that arise requiring further disclosure.
Items this document does not state (10)
Amount of Impact on Business PerformanceAccounting period in which recognizedAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

KANEKA CORPORATION is seeking compensation for losses arising from the recall of service entrance cables, which it has been conducting since 6 September 2024, on the grounds that the recall was caused by defects in certain products supplied by the Company.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Filing of a Lawsuit Against the Company | Onamba Co.,Ltd. (5816) timely disclosure | Komori