Litigation and Dispute Risk from Customers and Others
First written in FY2016. 3 of 6 entries say "Restated". Latest entry: FY2019.
Npc moved to the "Worse" side of this theme in 2019, 5 years before the typical company in this theme (2024).
0 other companies' latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「The Group strives to comply with laws, regulations and contracts, but in conducting its business activities may face lawsuits from customers or others, or claims arising from disputes that do not lead to litigation. There is no guarantee that the Group will prevail in such litigation or other proceedings, and the possibility that they may adversely affect its future business activities cannot be ruled out. In such cases, the Group's results of operations may be affected.」
In addition to the previously described possibility of litigation, disputes and claims, the Company explicitly stated that there is no guarantee of prevailing in such proceedings and that they may adversely affect future business activities. - FY2018-Q3RestatedAnnual report
「Meanwhile, because the Company received a settlement payment from the counterparty in connection with a dispute over a contract processing agreement, it recorded ¥28 million in compensation received as extraordinary income for the cumulative first quarter, resulting in profit attributable to owners of the parent of ¥369 million, a decrease of ¥76 million year on year.」
The Company reconfirms that it received a ¥28 million settlement payment in connection with a dispute over a contract processing agreement and recorded it as compensation received under extraordinary income. - FY2018-Q2RestatedAnnual report
「Meanwhile, because the Company received a settlement payment from the counterparty in connection with a dispute over a contract processing agreement, it recorded ¥28 million in compensation received as extraordinary income for the cumulative second quarter, resulting in profit attributable to owners of the parent of ¥346 million, an increase of ¥194 million year on year.」
The Company reconfirms that it received a ¥28 million settlement payment in connection with a dispute over a contract processing agreement and recorded it as compensation received under extraordinary income. - FY2018-Q1MaterialisedAnnual report
「As the Company received a settlement payment from the counterparty in connection with a dispute over a contract processing agreement, it recorded ¥28 million in compensation received as extraordinary income.」
The risk previously described as the possibility of litigation or disputes involving customers and others materialized as a dispute over a contract processing agreement, for which a settlement payment was received. - FY2017RestatedAnnual report
「In conducting its business activities, the Group may face lawsuits from customers or others, or claims arising from disputes that do not lead to litigation.」
The possibility of litigation, disputes and claims involving customers and others is reiterated. - FY2016First statedAnnual report
「The Group strives to comply with laws, regulations and contracts, but in conducting its business activities may face lawsuits from customers or others, or claims arising from disputes that do not lead to litigation.」
The possibility of lawsuits from customers and others, as well as disputes and claims that do not lead to litigation, was identified as a risk.