Settlement of litigation seeking the return of a deposit relating to the industrial waste treatment business
First written in FY2019-Q1. 3 of 3 entries say "Materialised", first in FY2019-Q1. Latest entry: FY2019.
Fujisash moved to the "Worse" side of this theme in 2018, 4 years before the typical company in this theme (2022).
The whole theme swung hardest in 2018: 4 of 8 companies on the "Worse" side.
5 other companies' latest entry also says "Materialised".
- FY2019MaterialisedAnnual report
「Accordingly, the company recognized an extraordinary loss (litigation-related loss) during the current consolidated fiscal year.」
In connection with the settlement of the lawsuit seeking the return of the deposit, the company actually recognized a ¥270 million litigation-related loss during the current fiscal year. - FY2019-Q2MaterialisedAnnual report
「Accordingly, the company recognized an extraordinary loss (litigation-related loss) during the second quarter of the current consolidated fiscal year.」
In connection with the settlement of the lawsuit seeking the return of the deposit, the company actually recognized an extraordinary loss (litigation-related loss) during the second quarter of the current consolidated fiscal year. - FY2019-Q1MaterialisedAnnual report
「不二倉業㈱, the company’s wholly owned subsidiary, had deposited ¥500 million with the landowner in connection with leasing an industrial waste disposal site for its former industrial waste treatment business. The deposit was intended to cover the removal of water treatment and related facilities and the associated restoration of the land. In May 2016, after the lease expired and the conditions for claiming repayment of the deposit were met following the separate installation of water treatment facilities, 不二倉業㈱ filed a lawsuit seeking repayment with the Tokyo District Court and held repeated discussions in court. On 24 July 2018, a settlement was reached under which it received ¥230 million, representing the ¥500 million deposit less ¥270 million in construction costs.」
A settlement was reached in the lawsuit seeking the return of a deposit relating to the former industrial waste treatment business, under which ¥270 million was deducted from the ¥500 million deposit and ¥230 million was received. The company recognized an expense for provision for litigation losses.