Customer-related costs and litigation risks relating to past service matters
First written in FY2025. 1 of 2 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 12 of 70 companies on the "Worse" side.
95 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「For certain past engagements in which services were provided to clients and concerns existed regarding problems with the conflict-of-interest management framework and other matters relating to those services, we recorded as a provision an amount equivalent to a settlement payment, taking into account improvements in relationships with the relevant clients, the impact on our group’s future sales activities and the progress of litigation.」
The provision for client-related costs remained unchanged from the previous fiscal year at ¥171,430 thousand. It was reconfirmed that the amount may be reviewed depending on the progress of negotiations and litigation. - FY2025First statedAnnual report
「For certain past engagements in which services were provided to clients and concerns existed regarding problems with the conflict-of-interest management framework and other matters relating to those services, we recorded as a provision an amount equivalent to a settlement payment, taking into account improvements in relationships with the relevant clients, the impact on our group’s future sales activities and the progress of litigation.」
For certain past service engagements, a ¥171,430 thousand provision for client-related costs was disclosed for the first time as a separate risk and accounting estimate, based on concerns regarding the conflict-of-interest management framework and other matters, efforts to improve client relationships, the impact on sales activities and the progress of litigation.