Litigation Risk Relating to Building Confirmation and Housing Performance Evaluation
First written in FY2016. 1 of 4 entries say "Materialised", first in FY2016. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022RestatedAnnual report
「Among the Group's operations, services conducted under the Building Standards Act and the Housing Quality Assurance Act, including confirmation and inspection services and housing performance evaluation services, may become subject to litigation in the course of their performance, regardless of whether the Group is at fault, including claims for review described in the following section.」
Continues to disclose the possibility of litigation related to confirmation and inspection services and housing performance evaluation services, regardless of whether the Group is at fault, as well as the potential impact on performance from reputational damage. - FY2017Cited as achievedAnnual report
「On 27 January 2017, the court handed down a judgment dismissing Wakasa-kai's appeal, and the action ended when the judgment became final and binding.」
Reiterates, as a material litigation matter for the fiscal year, the now-final judgment dismissing the appeal and the conclusion of the litigation. - FY2017-Q3MitigatedAnnual report
「On 27 January 2017, the court handed down a judgment dismissing Wakasa-kai's appeal, and the judgment became final and binding.」
Notes that the judgment dismissing the appeal became final and binding, bringing the previously pending damages action to an end. - FY2016MaterialisedAnnual report
「Wakasa-kai Medical Corporation, dissatisfied with the judgment, appealed against Japan ERI on 11 April 2016. The claim amounted to ¥2,039,216,822, plus interest at an annual rate of 5% on ¥2,019,216,822 from 29 June 2010 until payment. The case is currently pending before the Hiroshima High Court.」
Regarding the damages claim filed in 2010, notes that, after the claim was dismissed by the court of first instance, an appeal was filed in April 2016 and the case remained pending as of the filing date.