Costs Such as Damages Arising from Litigation Outcomes
First written in FY2016. 2 of 3 entries say "Restated". Latest entry: FY2018.
The whole theme swung hardest in 2022: 8 of 16 companies on the "Worse" side.
4 other companies' latest entry also says "Restated".
- FY2018RestatedAnnual report
「The Group currently records provisions for litigation against it in amounts considered appropriate. However, if the outcome differs from the Group's assertions and expectations, substantial indemnity and other costs could arise and affect the Group's financial condition and operating results.」
The Group continues to disclose the risk of indemnity and other costs arising from litigation outcomes. - FY2017RestatedAnnual report
「The Group currently records provisions for litigation against it in amounts considered appropriate. However, if the outcome differs from the Group's assertions and expectations, substantial indemnity and other costs could arise and affect the Group's financial condition and operating results.」
The Group continues to disclose the risk of indemnity and other costs arising from litigation outcomes. - FY2016First statedAnnual report
「The Group currently records provisions for litigation against it in amounts considered appropriate. However, if the outcome differs from the Group's assertions and expectations, substantial indemnity and other costs could arise and affect the Group's financial condition and operating results.」
The disclosure stated that, although provisions have been recorded for litigation, substantial indemnity and other costs could arise depending on the outcome.